Ocean view home on the Yaquina Lighthouse Peninsula, set on a commanding hillside with a private greenbelt backdrop. Features a grand entry and formal foyer leading to 4 bedrooms and 2.5 baths, including a spacious primary suite. Formal living and entertaining areas are designed to capture expansive Pacific views, with large windows maximizing natural light. A separate private art studio offers flexibility for creative use, office, or retreat. The 3-car garage provides ample space, with a new garage door scheduled for installation. spacious layout designed to enhance comfort and function. Outdoors, enjoy ocean breezes and coastal sunsets in a private, natural setting with proximity to Yaquina Head, trails, and beaches.
Active
Price cut: $14K (10/21)
$995,000
557 NW 54th St, Newport, OR 97365
4beds
3baths
2,698sqft
Est.:
Single Family Residence
Built in 1989
0.3 Acres Lot
$969,800 Zestimate®
$369/sqft
$-- HOA
What's special
Ocean breezesCommanding hillsideCoastal sunsetsExpansive pacific viewsSeparate private art studioSpacious layoutPrivate greenbelt backdrop
- 111 days |
- 1,151 |
- 43 |
Zillow last checked: 8 hours ago
Listing updated: October 21, 2025 at 11:57am
Listed by:
Laura Allen 503-496-7620,
Redfin
Source: OCMLS,MLS#: 25-1888
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Wall Furnace
Appliances
- Included: Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 2,698
- Total interior livable area: 2,698 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Frontage type: None
Lot
- Size: 0.3 Acres
Details
- Additional structures: Shed(s)
- Parcel number: 101130AD210000
- Zoning description: R-1 Residential, Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1989
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Yaquina Knoll
HOA
- Has HOA: No
Location
- Region: Newport
Financial & listing details
- Price per square foot: $369/sqft
- Tax assessed value: $1,205,660
- Annual tax amount: $11,480
- Date on market: 8/21/2025
- Road surface type: Paved
Estimated market value
$969,800
$921,000 - $1.02M
$3,198/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/21/2025 | Price change | $995,000-1.4%$369/sqft |
Source: | ||
| 8/21/2025 | Listed for sale | $1,009,000-9.5%$374/sqft |
Source: | ||
| 7/1/2025 | Listing removed | $1,115,000$413/sqft |
Source: | ||
| 6/18/2025 | Price change | $1,115,000-0.9%$413/sqft |
Source: | ||
| 5/13/2025 | Price change | $1,125,000-2.2%$417/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $11,136 +2.4% | $636,260 +3% |
| 2023 | $10,874 +3.2% | $617,730 +3% |
| 2022 | $10,539 -1.3% | $599,740 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,828/mo
Principal & interest
$4783
Property taxes
$697
Home insurance
$348
Climate risks
Neighborhood: 97365
Nearby schools
GreatSchools rating
- 4/10Sam Case ElementaryGrades: 3-5Distance: 2.4 mi
- 2/10Newport Middle SchoolGrades: 6-8Distance: 2.8 mi
- 6/10Newport High SchoolGrades: 9-12Distance: 2.9 mi
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