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  • Price cut: $14K (10/21)
    $995,000

    557 NW 54th St, Newport, OR 97365

    4beds
    3baths
    2,698sqft
    : 
    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
    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.
    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#: 25-1888MLS Logo

    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
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    Estimated market value

    $969,800

    $921,000 - $1.02M

    $3,198/mo

    Price history

    Price history
    DateEventPrice
    10/21/2025Price change$995,000-1.4%$369/sqft
    Source: OCMLS #25-1888 Report a problem
    8/21/2025Listed for sale$1,009,000-9.5%$374/sqft
    Source: RMLS (OR) #428490142 Report a problem
    7/1/2025Listing removed$1,115,000$413/sqft
    Source: OCMLS #25-646 Report a problem
    6/18/2025Price change$1,115,000-0.9%$413/sqft
    Source: OCMLS #25-646 Report a problem
    5/13/2025Price change$1,125,000-2.2%$417/sqft
    Source: OCMLS #25-646 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax 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

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