$725,000
SOLD JUL 24, 2025

1175 NE Lakewood Dr Newport, OR 97365

4 Beds
3 Baths
2,641 Sq Ft
0.32 Acres

Recently Sold

$275 Per Sq Ft

3% Below List Price

31 Days on Market

Highlights

  • Ocean View
  • Vaulted Ceiling
  • Bonus Room
  • Deck
  • Traditional Architecture
  • No HOA

About This Home

As of July 2025

A Stunning Coastal Home with ocean views in a sought-after community situated on a large private lot. This beautiful home boasts breathtaking views and privacy. The open floor plan features unique custom details and finishes, including a large kitchen and living area. The primary bedroom with ocean view includes an ensuite bath with a separate shower and a luxurious soaking tub with ocean views. The lower level offers ample space and its private entrance opens up to various possibilities. Enjoy entertaining or relaxing on the wrap-around deck with privacy, stunning spacious yard along with forest and ocean views.

Last Agent to Sell the Property

Rebecca Kirkendall

CENTURY 21 Shorepine Properties License #200805054 Listed on: 05/14/2025

Last Buyer's Agent

Cameron Cohen

Realty One Group At The Beach, Newport License #201259014

Realty One Group At The Beach, Newport

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,620

Year Built

  • Built in 2002

Lot Details

  • 0.32 Acre Lot
  • Property is zoned R-1 Residential, Single Family

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Forest

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,641 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Bonus Room
  • Utility Room

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Cooling System Powered By Gas
  • Electricity To Lot Line
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Lakewood Hills Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 4500
  • Assessor Parcel Number R472644

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,620

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.32
  • Lot Size Sq Ft: 13939.2
  • Road Surface Type: Paved
  • Subdivision Name: Lakewood Hills
  • Directions: Hwy 101 North of Newport, turn East on NE 31st St. Turn on NE Harney St and follow to Lakewood Drive. Follow road to property on left side of street.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 2002
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: Forest
  • General Property Description:_pound_ of Acres: 0.32
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 4500
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Bathrooms: 3.0
  • General Property Description:Levels: Three or More
  • General Property Description:Style: Traditional
  • General Property Description:Basement: Daylight
  • Miscellaneous:Pet Friendly: Yes
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Gas
  • Internal Features:Microwave: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Gas
  • Foundation:Slab: Yes
  • Ceiling:Vaulted: Yes
  • Siding:Concrete Composite: Yes
  • Siding:Wood: Yes
  • General Property Description Senior Community YN: No
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • View: Ocean
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2

Utilities

  • Water Source: Public
  • HeatingCooling:Gas: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: R472644
  • Zoning: R-1 Residential, Single Family

Tax Info

  • Tax Annual Amount: 6620.22
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2025
Closed on
Jul 10, 2025
Sold by
Kim Richard and Kim Kristen
Bought by
Korgan Family Trust and Korgan
Seller's Agent
Rebecca Kirkendall
CENTURY 21 Shorepine Properties
Buyer's Agent
Cameron Cohen
Realty One Group At The Beach, Newport
List Price
$749,000
Sold Price
$725,000
Premium/Discount to List
-$24,000
-3.2%
Views
173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.53%
Original Mortgage
$580,000
Outstanding Balance
$580,000
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$179,189

Purchase Details

Listed on
Oct 7, 2021
Closed on
Nov 22, 2021
Sold by
Kepler Richard Allen
Bought by
Kim Richard and Kim Kristen
Seller's Agent
Audra Powell
Advantage Real Estate
Buyer's Agent
Cheryl Swan-Agent- Newport, Oreg
Martek Real Estate
List Price
$610,000
Sold Price
$602,000
Premium/Discount to List
-$8,000
-1.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%
Original Mortgage
$481,600
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 22, 2018
Closed on
Nov 21, 2018
Sold by
Conley Brian B and Conley Sandra E
Bought by
Kepler Richard Allen
Seller's Agent
Amy Graham
Taylor & Taylor Realty Company
Buyer's Agent
Audra Powell
Advantage Real Estate
List Price
$410,000
Sold Price
$400,000
Premium/Discount to List
-$10,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.55%

Purchase Details

Listed on
Mar 6, 2018
Closed on
May 17, 2018
Sold by
Johnson Arndt L and Johnson Carol F
Bought by
Conley Brian B and Conley Sandra E
Seller's Agent
Sonja Lovas
Martek Real Estate
Buyer's Agent
Amy Graham
Taylor & Taylor Realty Company
List Price
$455,000
Sold Price
$439,000
Premium/Discount to List
-$16,000
-3.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-16.98%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $725,000 Western Title
Warranty Deed $602,000 Western Title & Escrow
Warranty Deed $400,000 Western Title & Escrow
Warranty Deed $439,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $580,000 New Conventional
Previous Owner $481,600 New Conventional
Previous Owner $219,000 Credit Line Revolving
Previous Owner $42,857 Credit Line Revolving
Previous Owner $223,000 Credit Line Revolving
Previous Owner $95,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Sold $725,000 -3.2% $275 / Sq Ft
05/14/2025 05/14/25 For Sale $749,000 +24.4% $284 / Sq Ft
11/24/2021 11/24/21 Sold $602,000 -1.3% $228 / Sq Ft
10/10/2021 10/10/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $610,000 +52.5% $231 / Sq Ft
11/21/2018 11/21/18 Sold $400,000 -2.4% $151 / Sq Ft
11/02/2018 11/02/18 Pending -- -- --
10/22/2018 10/22/18 For Sale $410,000 -6.6% $155 / Sq Ft
05/22/2018 05/22/18 Sold $439,000 -3.5% $166 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
03/06/2018 03/06/18 For Sale $455,000 -- $172 / Sq Ft
Source: Lincoln County Board of REALTORS® MLS (OR)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,630 $367,440 -- --
2023 $6,474 $356,740 $0 $0
2022 $6,275 $346,350 $0 $0
2021 $6,166 $336,270 $0 $0
2020 $6,020 $326,480 $0 $0
2019 $5,762 $316,980 $0 $0
2018 $5,585 $307,750 $0 $0
2017 $5,535 $298,790 $0 $0
2016 $5,418 $290,090 $0 $0
2015 $5,023 $281,650 $0 $0
2014 $4,910 $273,450 $0 $0
2013 -- $265,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lincoln County Board of REALTORS® MLS (OR)

MLS Number: 25-1070

APN: R472644