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  • $315,000

    736 NW Lee St, Newport, OR 97365

    0beds
    588sqft
    Single Family Residence
    Built in 2005
    5,227 Square Feet Lot
    $314,900 Zestimate®
    $536/sqft
    $1,682 Estimated rent

    Home value

    $314,900

    $290,000 - $340,000

    $1,682/mo

    Zestimate® history
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    What's special

    Fully fenced backyardVersatile studio floor planGenerous counter spaceLight-filled homeBuilt-in murphy bedVaulted ceilingsWarm wood flooring
    Experience the charm of coastal living from this delightful cottage nestled in the heart of Newport's highly sought-after Nye Beach neighborhood. Just blocks from the sandy shoreline, local restaurants, galleries, boutiques, and coffee shops, this light-filled home offers an inviting blend of comfort, character, and convenience. Designed to maximize both space and functionality, the open-concept interior features vaulted ceilings, abundant skylights, and graceful arched windows that fill the home with natural light. Warm wood flooring flows throughout the living space, while the well-appointed kitchen offers abundant cabinetry, a spacious pantry, generous counter space, and built-in bar seating—creating a home that lives far larger than its footprint. The versatile studio floor plan is enhanced by a built-in Murphy bed, allowing the living area to seamlessly transition between daytime living and comfortable sleeping accommodations. Whether you're searching for a full-time residence, weekend beach retreat, or investment opportunity, this home offers exceptional flexibility, with potential to expand the existing footprint or further customize the property to suit your needs. Outside, enjoy your morning coffee from the covered front porch or retreat to the fully fenced backyard, where a mature laurel hedge provides exceptional privacy. The insulated 10' x 20' she shed, complete with electricity, offers outstanding versatility as an art studio, workshop, home office, hobby space, fitness room, or creative retreat. Buyers may also wish to explore the potential for conversion into an accessory dwelling unit (ADU), subject to City of Newport approval and buyer due diligence. Additional amenities include a single-car garage with bonus storage space and an unbeatable location placing Newport's vibrant Nye Beach district, local dining, galleries, and the Pacific shoreline just moments from your front door. Whether you're searching for a peaceful coastal retreat, a low-maintenance primary residence, or a charming beach escape, this inviting cottage presents an exceptional opportunity to own a piece of one of the Oregon Coast's most beloved neighborhoods.

    Zillow last checked:

    Listing updated:

    Listed by:

    Casey O'Callaghan 541-961-2653,

    Premiere Property Group, LLC (Newport)

    Bought with:

    Marin Elizabeth Bova, 201249614

    Coldwell Banker Professional Group - Lincoln City

    Source: OCMLS,MLS#: 26-1911MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Electric
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: Dryer, Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Washer, Water Heater
    Features
    • Breakfast Bar, No Interior Steps, Open Floorplan, Pantry, Vaulted Ceiling(s), Ceiling Fan(s)
    • Flooring: Other
    • Windows: Blinds
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 588
    • Total interior livable area: 588 sqft
    • Finished area above ground: 588
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached Garage, Driveway
    • Garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered Porch
    • Fencing: Wood
    Lot
    • Size: 5,227 Square Feet
    Details
    • Additional structures: Shed(s)
    • Parcel number: 111105CD300200
    • Zoning description: R-4 Residential
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage
    • Property subtype: Single Family Residence
    Materials
    • HardiPlank Type
    • Foundation: Combination
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 2005

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Newport

    Financial & listing details

    • Price per square foot: $536/sqft
    • Tax assessed value: $340,290
    • Annual tax amount: $3,370
    • Date on market: 8/1/2026
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/25/2026Sold$315,000-1.6%$536/sqft
    Source: OCMLS #26-1911 Report a problem
    8/24/2026Contingent$320,000$544/sqft
    Source: OCMLS #26-1911 Report a problem
    8/18/2026Price change$320,000-4.5%$544/sqft
    Source: OCMLS #26-1911 Report a problem
    8/1/2026Listed for sale$335,000$570/sqft
    Source: OCMLS #26-1911 Report a problem
    7/23/2026Contingent$335,000$570/sqft
    Source: OCMLS #26-1911 Report a problem
    7/10/2026Listed for sale$335,000+110.7%$570/sqft
    Source: OCMLS #26-1911 Report a problem
    2/28/2013Listing removed$159,000$270/sqft
    Source: Emerald Coast Realty #12-1545 Report a problem
    12/12/2012Price change$159,000-1.9%$270/sqft
    Source: Emerald Coast Realty #12-1545 Report a problem
    10/6/2012Price change$162,000-18.6%$276/sqft
    Source: Emerald Coast Realty #12-1545 Report a problem
    6/13/2012Listed for sale$199,000-6.6%$338/sqft
    Source: Emerald Coast Realty #12-1545 Report a problem
    10/23/2006Sold$213,000+317.6%$362/sqft
    Source: OCMLS #06-2184 Report a problem
    9/29/2004Sold$51,000$87/sqft
    Source: OCMLS #04-1056 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,269 +2.1%$188,360 +3%
    2024$3,201 +2.4%$182,880 +3%
    2023$3,126 +3.2%$177,560 +3%
    2022$3,029 -1.3%$172,390 +3%
    2021$3,069 +5.6%$167,370 +3%
    2020$2,906 $162,500 +3%
    2019-- $157,770 +3%
    2018$2,780 $153,180 +3%
    2017$2,780 +3.1%$148,720 +3%
    2016$2,697 $144,390 +3%
    2015$2,697 +10.3%$140,190 +3%
    2014$2,444 $136,110 +3%
    2013$2,444 +9.9%$132,150 +3%
    2012$2,225 +3.2%$128,310 +3%
    2011$2,157 +2.6%$124,580
    2010$2,102 +3.1%$124,580 +6.1%
    2009$2,038 +1.7%$117,440
    2008$2,004 +3.5%$117,440 +6.1%
    2007$1,936 $110,700
    Find assessor info on the county website

    Neighborhood: 97365

    Nearby schools

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