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  • Price cut: $30.9K (5/27)
    $639,000

    1017 SW Elizabeth St, Newport, OR 97365

    4beds
    2,304sqft
    : 
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    Single Family Residence
    Built in 1929
    4,791 Square Feet Lot
    $615,400 Zestimate®
    $277/sqft
    $-- HOA

    What's special

    Breathtaking ocean viewsStylish open-concept kitchenFully remodeled three-story retreatNew kitchen appliancesQuartz countertopsSleek cabinetry
    Coastal Retreat with Ocean Views | 4 Bed + Bonus | 3 Bath Step into elevated coastal living in this stunning, fully remodeled three-story retreat just moments from the shoreline. Perfectly positioned near beach access, a scenic state park, a historic lighthouse, and charming local shops and dining, this home offers the ultimate blend of luxury and location. Thoughtfully taken down to the studs and rebuilt with modern finishes, this spacious residence features 4 bedrooms plus a versatile bonus room, 3 beautifully updated bathrooms and new kitchen appliances. Every detail has been carefully curated to create a fresh, sophisticated coastal aesthetic. Wake up to breathtaking ocean views from both the second and third floors, where expansive windows invite in natural light and frame unforgettable sunsets and dramatic coastal storms. The heart of the home is a stylish, open-concept kitchen showcasing quartz countertops, sleek cabinetry, and seamless flow into the dining and living areas—perfect for entertaining or unwinding after a day at the beach. Ease of access out the back door to the fully fenced backyard idea for pets and kids. Whether you're searching for a full-time residence or a vacation getaway this turnkey coastal escape delivers comfort, elegance, and the beauty of the Pacific Northwest at your doorstep.
    98 days
    |
    1,169
    |
    75
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    April J Munoz-Valladolid 541-270-4252,

    Coldwell Banker Professional Group - Newport

    Source: OCMLS,MLS#: 26-714MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Electric, Wall Furnace
      Cooling
      • Ductless, Heat Pump
      Appliances
      • Included: Dishwasher, Electric Range, Microwave, Refrigerator, Water Heater
      • Laundry: Electric Dryer Hookup, Washer Hookup
      Features
      • Kitchen Island, Walk-In Closet(s)
      • Flooring: Carpet, Vinyl
      • Windows: Double Pane Windows, Vinyl Frames
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 2,304
      • Total interior livable area: 2,304 sqft
      • Finished area above ground: 2,304
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Driveway, Off Street, Gravel
      Features
      • Levels: Tri-Level
      • Patio & porch: Deck
      • Exterior features: Awning(s), Other
      • Fencing: Full,Wood
      • Has view: Yes
      • View description: Ocean
      • Has water view: Yes
      • Water view: Ocean
      Lot
      • Size: 4,791 Square Feet
      • Features: Irregular Lot
      Details
      • Additional structures: None
      • Parcel number: 11108CC80000
      • Zoning description: R-2 Residential
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Concrete
      • Foundation: Block
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1929
      • Major remodel year: 2024

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Available, Water Connected

      Community & HOA

      Community
      • Features: Curbs, Street Lights, Sidewalks
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      • Subdivision: Bayley and Case's
      HOA
      • Has HOA: No
      Location
      • Region: Newport

      Financial & listing details

      • Price per square foot: $277/sqft
      • Tax assessed value: $441,500
      • Annual tax amount: $6,597
      • Date on market: 3/25/2026
      • Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $615,400

        $585,000 - $646,000

        $2,891/mo

        Price history

        DateEventPrice
        5/27/2026Price change$639,000-4.6%$277/sqft
        Source: OCMLS #26-714 Report a problem
        3/25/2026Price change$669,900-2.8%$291/sqft
        Source: OCMLS #26-714 Report a problem
        10/11/2025Price change$689,000-6.8%$299/sqft
        Source: OCMLS #25-1711 Report a problem
        7/27/2025Listed for sale$739,000+173.7%$321/sqft
        Source: OCMLS #25-1711 Report a problem
        12/29/2023Sold$270,000-14.3%$117/sqft
        Source: OCMLS #LC-99343 Report a problem
        12/20/2023Contingent$315,000$137/sqft
        Source: OCMLS #23-1596 Report a problem
        8/26/2023Pending sale$315,000$137/sqft
        Source: OCMLS #23-1596 Report a problem
        8/10/2023Listed for sale$315,000$137/sqft
        Source: OCMLS #23-1596 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,789 +2.4%$273,620 +3%
        2023$4,677 +3.2%$265,660 +3%
        2022$4,533 -1.3%$257,930 +3%
        2021$4,592 +5.6%$250,420 +3%
        2020$4,349 $243,130 +3%
        2019-- $236,050 +3%
        2018$4,159 $229,180 +2.8%
        2017$4,159 +5.3%$222,880 +5.4%
        2016$3,951 $211,540 +3.5%
        2015$3,951 +14%$204,390 +5.9%
        2014$3,464 $192,930 -1.8%
        2013$3,464 -7.7%$196,470 -9.2%
        2012$3,752 +3.2%$216,390 +3%
        2011$3,637 +10.2%$210,090 +10.2%
        2010$3,299 -6.8%$190,670 -6.5%
        2009$3,539 +1.7%$203,980
        2008$3,480 +3.5%$203,980 +6.1%
        2007$3,363 $192,280

        Find assessor info on the county website

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 97365

        Getting around

        65 / 100
        Somewhat Walkable
        63 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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