5 months on rocket

1515 NW Spring St, Newport, OR, 97365

$2,500,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
3,458 SqFt
$723/SqFt
House

Location

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1515 NW Spring St, Newport$2,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Attached Garage2 spaces
Year BuiltNew Const., 2024
HeatingForced Air
BasementYes
WaterfrontOcean Front
FireplaceGas Fireplace, Insert
ViewOcean
MLS #24091885
Lot Size0.37 Acres
StatusActive

About 1515 NW Spring St

Welcome to a breathtaking oceanfront sanctuary! This exquisite 4-bedroom, 3.5-bath residence boasts an elevator, three oceanfront balconies, and private stairs to the beach. Upon entry, you'll be captivated by the elegant design elements that frame panoramic ocean views. The gourmet kitchen features Thermador appliances, a 6-burner gas range, and a stunning waterfall quartz island. Perfect for entertaining, the living room includes a wet bar, a gas fireplace with a live edge wood mantel, and a formal dining area.The home offers two luxurious primary suites, each with oceanfront balconies and cedar-lined walk-in closets. The bathrooms are a spa-like retreat with custom tile showers, floating cabinets with under-cabinet lighting, and deep soaking tubs. The lower level features a spacious family room with a wet bar and access to an expansive patio.Designed with convenience in mind, this home includes a laundry room, double garage, elevator access, ample storage, forced air, and central vacuum. Experience the pinnacle of coastal living in this exceptional oceanfront home.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2024
  • Stories: 3
  • Living Area: 3,458 SqFt

Listing Office:

  • Office Name: Advantage Real Estate
  • Office Phone: (541) 265-2200
  • Listing Agent: Audra Powell

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Refrigerator, Range Hood
  • Basement: Yes
  • Flooring Type: Tile
  • Interior: Ceiling Fan(s), Central Vacuum, Elevator, High Ceilings, Laundry, Vaulted Ceiling(s), Washer/Dryer
  • Fireplace: Gas Fireplace, Insert

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Ocean Front
  • View: Ocean
  • Exterior: Covered Deck, Porch

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.37 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: NW 15th To Nw Spring Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000
  • Price Per SqFt: $723/SqFt

Tax Information:

  • Annual Amount: $3,701
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Newport, OR.

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Newport, OR

City

Med. List Price

$489K

Med. Price/SqFt

$341

Avg. Days On Market

138

# of Sold Homes

5

1515 NW Spring St vs Newport

166 DAYS ON ROCKET

+28 Days

$2,500,000

+$2.0M More

$723/SqFt

+$381 More

KEY TAKEAWAY

This property is $2.0M more than the Median List Price and $381/SqFt more than other homes in Newport, OR.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24091885

Listing Office:

  • Office Name: Advantage Real Estate
  • Office Phone: (541) 265-2200
  • Listing Agent: Audra Powell

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 8:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,701$200,710
2019$3,542$194,870

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,562

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-776612
6
/10

  • Sam Case Elementary School

  • 459 NE 12th St

  • 0.66 miles

  • Public District Grades 3-5

school-card-donut-776613
6
/10

  • Toledo Elementary School

  • 600 SE Sturdevant Rd

  • 7.21 miles

  • Public District Grades KG-6

school-card-donut-776614
6
/10

  • Crestview Heights School

  • 3000 Crestline Dr

  • 16.76 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $93,269. The majority of Newport, OR residents have income between $100k-200k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Newport, OR

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Newport, OR?

Newport's housing market offers a diverse array of options, with single-family homes being a significant presence. Architectural styles range from coastal cottages to contemporary designs, reflecting the town's blend of traditional charm and modern living. While the majority of homes are designed for single-family occupancy, there is also a selection of condominiums and townhouses that cater to those seeking a more communal living experience or smaller living spaces. The homeownership rate in Newport is indicative of a community that values long-term residency and investment in the area.

Is Newport, OR a good place to live?

Newport is celebrated for its picturesque coastal setting and vibrant maritime heritage. The community prides itself on a relaxed lifestyle that revolves around the ocean, with numerous local seafood festivals and cultural events that highlight the town's connection to the sea. Residents and visitors alike enjoy the town's character, which is defined by its scenic bayfront, historic lighthouses, and a strong sense of local pride.

Are things conveniently located in Newport, OR?

The community is served by a network of public schools, including elementary, middle, and high schools, as well as a few private educational institutions. Healthcare services are available through local clinics and a regional hospital that provides emergency care, primary care, and specialized medical services. Newport also features a public library system that supports lifelong learning and community engagement. Retail and dining options are plentiful, with many establishments showcasing the local seafood and regional cuisine, reflecting the town's cultural heritage.

What does the transportation in Newport, OR look like?

Transportation in Newport includes a mix of private and public options, with local bus services connecting residents to key areas within the town and surrounding regions. The town's layout and infrastructure support a moderate level of walkability, particularly in the downtown area and along the waterfront, where pedestrian paths offer scenic views. Bikeability varies across the community, with certain areas providing dedicated bike lanes. The road network facilitates easy access to major highways, enhancing connectivity for commuters and travelers. Public transportation schedules are designed to accommodate the needs of the community, with frequency varying based on route and time of day.

Frequently Asked Questions About 1515 NW Spring St

What is the listing price of this property?

The listing price of 1515 NW Spring St property is $2,500,000.

What type of property is this?

The property 1515 NW Spring St is a house located in Newport, Oregon, 97365.

Is this property for sale now?

Active Listing: 1515 NW Spring St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,701 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1515 NW Spring St has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 1515 NW Spring St is 3,458 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1515 NW Spring St is 2024.

Rocket Homes›Oregon›Lincoln County›Newport›97365›1515 NW Spring St

This home is located at 1515 NW Spring St in Newport, OR and zip code 97365. This 3,458 square foot home, which was built in 2024, sits on a 0.37 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 08, 2024 and is currently priced at $2,500,000.

The number of listings in Newport, OR increased by 7.1% between October 2024 and November 2024. In November 2024 median list price was $489,000 and the average listing age was 138 days.

From Rocket Homes Real Estate and based on county public records data.

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