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589 W Olive St, Newport
$725,000
Save
- Price per sqft
- $463.55
- Built in
- 1930
- Property size
- 1,564 sqft
- Lot size
- 4,356 sqft
- Property type
- Residential
- Days on market
- 44
Overview
Welcome to the charm of Nye Beach! This inviting coastal home offers ocean views, a comfortable layout, and the opportunity to be sold fully furnished making it an ideal full-time residence, beach getaway, or investment property. The main level features a bedroom and full bathroom for convenient main-level living, while upstairs offers two additional bedrooms and a second bathroom. Enjoy the character and warmth of this adorable home, along with off-street parking and a sought-after location near the beach, local restaurants, shops, galleries, and everything Nye Beach has to offer. A wonderful opportunity to own a furnished coastal retreat in one of Newport's most beloved neighborhoods! Buyer to perform due diligence regarding permitted uses.
Details
Interior
- Interior features
- Hardwood Floors, Vinyl Floor, Wall to Wall Carpet, Washer / Dryer
- Appliances
- Dishwasher, Free Standing Gas Range, Free Standing Refrigerator, Microwave
- Fireplace
- Yes
- Fireplaces
- 1
- Fireplace description
- Gas
- Cooling
- No
- Cooling description
- None
- Heating
- Yes
- Heating description
- Wall Furnace
Exterior and lot
- Lot size
- 4,356 sqft
- Exterior features
- Patio, Porch
- Lot features
- Corner Lot
- Architectural style
- Cottage
- Roof
- Composition
- View
- Yes
- View description
- Ocean
Utilities
- Sewer
- Public Sewer
- Water source
- Public Water
Parking
- Garage spaces
- 0
- Parking
- Driveway
- Total parking
- 0
Schools
- High school
- Newport
- Middle school
- Newport
- Elementary school
- Yaquina View
Location
- City
- Newport
- County
- Lincoln
- Zoning
- R-4
Taxes and dues
- Annual taxes
- $3,822 (2025)
Location
589 W Olive St, Newport, OR 97365
Monthly payment estimate
$4,177 /mo
- Principal and interest
- $3,859
- Property tax (2025)
- $318
- Total
- $4,177
Estimate only, and not an offer of credit. Assumes 20% down ($145,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.
