651 Sacheen Terrace Dr Newport, WA 99156
Estimated payment $5,688/month
Highlights
- Lake Front
- Cul-De-Sac
- 1-Story Property
- Docks
- Shed
- Utility Room
About This Home
Seize this incredible investment opportunity—a fully updated, turn-key property with 50 feet of prime frontage on Sacheen Lake! This five-bedroom, two-bathroom home has been renovated with updated flooring, fresh paint, and modernized bathrooms, ensuring an inviting and comfortable stay for guests or tenants. The kitchen offers ample cabinet and counter space, while two separate living areas provide plenty of room for relaxation and entertaining. With multiple storage closets and two storage sheds, there’s plenty of space for guest essentials and recreational gear. Outside, guests can soak in breathtaking sunsets from two decks or enjoy direct lake access via a newer dock—perfect for boating, swimming, and waterfront fun. Currently operating as a successful short-term rental, this property offers strong income potential as either a short or long term rental with its desirable location, turn-key condition, and paved year-round access.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,633
Year Built
- Built in 1970
Lot Details
- 5,663 Sq Ft Lot
- Lake Front
- Cul-De-Sac
- Hillside Location
Parking
- Off-Site Parking
Property Views
- Water
- Mountain
Home Design
- Metal Roof
Interior Spaces
- 1,792 Sq Ft Home
- 1-Story Property
- Utility Room
Kitchen
- Free-Standing Range
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Basement with some natural light
Outdoor Features
- Docks
- Shed
Utilities
- Ductless Heating Or Cooling System
- Heating Available
Community Details
- Community Deck or Porch
- Laundry Facilities
Listing and Financial Details
- Assessor Parcel Number 433125629021
Map
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 |
|---|---|---|---|---|
| 2023 | $3,633 | $385,122 | $150,000 | $235,122 |
| 2022 | $3,218 | $330,887 | $142,500 | $188,387 |
| 2021 | $3,334 | $310,535 | $135,000 | $175,535 |
| 2020 | $2,984 | $309,205 | $135,000 | $174,205 |
| 2019 | $2,662 | $262,120 | $135,000 | $127,120 |
| 2018 | $3,193 | $258,750 | $135,000 | $123,750 |
| 2017 | $2,971 | $264,358 | $127,000 | $137,358 |
| 2016 | $2,894 | $264,043 | $0 | $0 |
| 2015 | $2,779 | $0 | $0 | $0 |
| 2013 | $2,779 | $0 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/17/2025 04/17/25 | Price Changed | $975,000 | 0.0% | $544 / Sq Ft |
| 04/17/2025 04/17/25 | Price Changed | $975,000 | -2.5% | $544 / Sq Ft |
| 03/24/2025 03/24/25 | For Sale | $1,000,000 | 0.0% | $558 / Sq Ft |
| 03/20/2025 03/20/25 | For Sale | $1,000,000 | +73.9% | $558 / Sq Ft |
| 10/24/2022 10/24/22 | Sold | $575,000 | -17.3% | $321 / Sq Ft |
| 08/08/2022 08/08/22 | Pending | -- | -- | -- |
| 06/23/2022 06/23/22 | Price Changed | $695,000 | -7.3% | $388 / Sq Ft |
| 06/14/2022 06/14/22 | For Sale | $750,000 | 0.0% | $419 / Sq Ft |
| 06/05/2022 06/05/22 | Pending | -- | -- | -- |
| 05/12/2022 05/12/22 | For Sale | $750,000 | +226.1% | $419 / Sq Ft |
| 11/03/2016 11/03/16 | Sold | $230,000 | -17.6% | $128 / Sq Ft |
| 09/23/2016 09/23/16 | Pending | -- | -- | -- |
| 07/09/2016 07/09/16 | For Sale | $279,000 | -- | $156 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Grant Deed | $230,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $431,250 | No Value Available |
Source: Spokane Association of REALTORS®
MLS Number: 202513678
APN: 433125-62-9021
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