PENDING
$301K PRICE DROP
1515 NW Spring St Newport, OR 97365
Estimated payment $12,934/month
Total Views
80,366
4
Beds
4
Baths
3,609
Sq Ft
$609
Price per Sq Ft
Highlights
- Ocean Front
- Contemporary Architecture
- No HOA
- Deck
- Vaulted Ceiling
- Covered patio or porch
About This Home
Experience breathtaking views, private shared beach access, and refined coastal living at 1515 NW Spring St in Newport. This 4-bed, 3.5-bath architectural masterpiece offers three oceanfront balconies, a gourmet kitchen with Thermador appliances, a 6-burner gas range, and waterfall quartz island. Two oceanfront primary suites feature spa-like baths, cedar-lined closets, and private balconies. Enjoy a spacious family room with wet bar, gas fireplace, oceanview patio, and elevator access. With a two-car garage, central vacuum, and elegant modern finishes, this home blends luxury and nature. Located steps from Nye Beach shops, dining, and Agate Beach Golf. Now priced 300K below original—don't miss this extraordinary coastal retreat. Interior Features
4 Bedrooms | 3.5 Bathrooms - Thoughtfully designed layout ideal for privacy, entertaining, and comfort
Dual Oceanfront Primary Suites - Spa-like bathrooms, cedar-lined walk-in closets, and private balconies with panoramic views
Gourmet Chef's Kitchen - Thermador appliances, 6-burner gas range, waterfall-edge quartz island, and custom cabinetry
Expansive Living Areas - Open-concept great room with gas fireplace and floor-to-ceiling ocean views
Oceanview Family Room - Lower level with wet bar, ideal for guests.
Elevator - Access all levels with ease; ideal for aging in place or luxury convenience
Laundry Room & Central Vacuum - Practical upgrades for everyday function
High-End Finishes - Wide-plank flooring, custom tile, designer lighting, and solid-core doors throughout
Exterior Features
Direct Beach Access - Private path to the sand just steps from your patio. This access is shared with three homes.
Three Oceanfront Balconies - Designed for relaxation and capturing sunrise to sunset views
Expansive Oceanfront Patio - Seamless indoor-outdoor connection for entertaining or solitude
Modern Coastal Architecture - Blends sleek design with natural elements and high-end materials
Attached Two-Car Garage - Ample room for storage, vehicles, or coastal gear
Low-Maintenance Landscaping - Beautiful and efficient for easy ownership
Construction & Warranty
Brand New 2025 Construction - Built with quality materials and attention to detail
One-Year Builder's Warranty - Confidence and protection for your investment
Turnkey and Move-In Ready - No updates neededenjoy the coast from day one
Lifestyle & Location Benefits
Coveted Newport Location - Close to Nye Beach's shops, dining, galleries, and Agate Beach Golf Course
Quiet Coastal Setting - In an established neighborhood with upscale homes and minimal traffic
Versatile Living - Ideal as a full-time residence, vacation retreat, or multigenerational coastal escape
Listing Agent
Advantage Real Estate Brokerage Phone: (541) 265-2200 License #200404265 Listed on: 07/05/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,466
Year Built
- Built in 2024
Lot Details
- 0.37 Acre Lot
- Ocean Front
- Irregular Lot
- Property is zoned R-4 Residential
Parking
- 2 Car Attached Garage
Home Design
- Contemporary Architecture
- Slab Foundation
- Metal Roof
- Concrete Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3,609 Sq Ft Home
- 3-Story Property
- Vaulted Ceiling
- Self Contained Fireplace Unit Or Insert
- Family Room
- Living Room
- Dining Room
- Utility Room
- Ocean Views
Kitchen
- Microwave
- Dishwasher
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Accessible Home Design
- Accessible Elevator Installed
Outdoor Features
- Deck
- Covered patio or porch
Utilities
- Forced Air Cooling System
- Electricity To Lot Line
- Tankless Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Exclusions: All Furnishings.
- Tax Lot 111105BB0230200
- Assessor Parcel Number 111105BB-2302-00
Map
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Home Values in the Area
Average Home Value in this Area
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 | $9,466 | $524,570 | -- | -- |
| 2023 | $1,367 | $75,330 | $0 | $0 |
| 2022 | $1,325 | $73,140 | $0 | $0 |
| 2021 | $3,306 | $180,310 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | Pending | -- | -- | -- |
| 05/12/2025 05/12/25 | Price Changed | $2,199,000 | -4.3% | $609 / Sq Ft |
| 03/25/2025 03/25/25 | Price Changed | $2,299,000 | -2.1% | $637 / Sq Ft |
| 02/26/2025 02/26/25 | Price Changed | $2,348,000 | -2.1% | $651 / Sq Ft |
| 01/23/2025 01/23/25 | Price Changed | $2,398,000 | 0.0% | $664 / Sq Ft |
| 01/01/2025 01/01/25 | Price Changed | $2,399,000 | -4.0% | $665 / Sq Ft |
| 10/09/2024 10/09/24 | Off Market | $2,500,000 | -- | -- |
| 10/09/2024 10/09/24 | For Sale | $2,500,000 | 0.0% | $693 / Sq Ft |
| 07/05/2024 07/05/24 | For Sale | $2,500,000 | -- | $693 / Sq Ft |
Source: Lincoln County Board of REALTORS® MLS (OR)
Similar Home in Newport, OR
Source: Lincoln County Board of REALTORS® MLS (OR)
MLS Number: 24-1510
APN: R533987
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