NOT LISTED FOR SALE

Estimated Value: $788,000 - $1,546,000

6 Beds
5 Baths
5,500 Sq Ft
$212/Sq Ft Est. Value

Last Sold May 01, 2019

Last sale price $895,000 $163 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $7,823/month

Highlights

  • Ocean Front
  • Deck
  • Vaulted Ceiling
  • 0.5 Acre Lot
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of May 2019

Stunning oceanfront Newport estate with amazing ocean views and Yaquina Lighthouse views from the property. This impeccable home is gorgeously remodeled and includes impressive finishing touches throughout. This estate sits on a half acre, features a gourmet kitchen, a viewing room, space for very large groups, big oceanfront decks, and much more. The Newport Oceanfront Estate is very successful Vacasa vacation rental being sold completely furnished with a transferrable vacation rental management agreement. Financials available. Explore the home now with the Matterport Virtual Tour linked to this listing. You can also see more at the Vacasa website by searching for Newport Oceanfront Estate.

Last Agent to Sell the Property

Taj Richardson

Vacasa Real Estate LLC License #200709164 Listed on: 03/13/2019

Last Buyer's Agent

Taj Richardson

Vacasa Real Estate LLC License #200709164 Listed on: 03/13/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,846

Year Built

  • Built in 1989

Lot Details

  • 0.5 Acre Lot
  • Ocean Front
  • Property is zoned R-1 Residential, Single Family

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Tile Roof

Interior Spaces

  • 5,500 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Ocean Views
  • Natural lighting in basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Electricity To Lot Line

Community Details

  • No Home Owners Association
  • Lighthouse Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 101130AD-2600-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,846

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.5
  • Lot Size: .5
  • Lot Size Sq Ft: 21780.0
  • Road Surface Type: Paved
  • Inclusions: Furnished
  • Subdivision Name: Lighthouse
  • Directions: West off Hwy #101 Coast Hwy onto NW 56th, South on Meander and West on 54th go toward the ocean and lighthouse.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 1989
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Ocean
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: Ocean
  • General Property Description:_pound_ of Acres: 0.5
  • Location Tax and Other Information:Tax Lot: 10 & PTN of 12
  • General Property Description:Total Bedrooms: 6
  • General Property Description:Total Bathrooms: 5.2
  • General Property Description:Levels: Three or More
  • General Property Description:Style: Contemporary
  • General Property Description:Basement: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: .5
  • Location Tax and Other Information:Subdv ParcelLot: 10
  • General Property Description:Property Sub-Type: Single Family Residence
  • Ceiling:Vaulted: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood3: Yes
  • DeckPatio:Deck and Patio: Yes
  • Siding:Brick: Yes
  • RoofTile: Yes
  • Miscellaneous Possession: Feb 2, 2019
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Vaulted Ceiling(s)

Exterior Features

  • View: Ocean
  • Foundation Details: Cont/Con
  • Roof: Tile
  • Water On Property: Yes

Garage/Parking

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

Utilities

  • Water Source: On Property
  • HeatingCooling:Electric Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 101130AD-2600-00
  • Zoning: R-1 Residential, Single Family

Tax Info

  • Tax Annual Amount: 14846.19
  • Tax Year: 2018

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2019 05/01/19 Sold $895,000 -10.1% $163 / Sq Ft
03/13/2019 03/13/19 For Sale $995,000 +59.2% $181 / Sq Ft
03/11/2019 03/11/19 Pending -- -- --
04/08/2014 04/08/14 Sold $625,000 -47.9% $116 / Sq Ft
02/21/2014 02/21/14 Pending -- -- --
05/10/2012 05/10/12 For Sale $1,199,000 -- $222 / 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 $17,582 $974,360 -- --
2023 $17,168 $945,990 $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: 19-609

APN: R78080