Peaceful getaway on Diamond Lake! Cozy, one-level waterfront cabin offers nearly 1,000 sq ft of well-planned living space & boasts approximately 37 ft of lake frontage. Tucked away at the end of a quiet cul-de-sac, the home is surrounded by trees for shade & privacy. Oversized deck provides the perfect place to take in lake views & enjoy outdoor dining. The property features a durable metal roof, newer hot water tank & newer metal dock for easy access to all your water activities. Plenty of room for guests & recreational toys with ample parking, 1car garage, & convenient lean-to. Inside, you’ll love the warm & nostalgic feel w/ knotty pine accents, unique eating bar & custom bar stools. Wood-burning fireplace. Well-appointed bedrooms w/ double closets & built-in desks. Whether you're looking for a peaceful retreat, a vacation rental, or full-time residence, this home has so much to offer. Just 45 min to Spokane. Popular destination known for boating, fishing, swimming & making memories—Waterfront Paradise!
Closed
$500,000
261 Terrace Ave, Newport, WA 99156
2beds
1baths
924sqft
Single Family Residence
Built in ----
6,098.4 Square Feet Lot
$496,500 Zestimate®
$541/sqft
$1,517 Estimated rent
Home value
$496,500
Estimated sales range
Not available
$1,517/mo
Zestimate® history
Owner options
List your home for rent
$1,517/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,517/mo
Rent Zestimate®
Refinance and save
$2,982/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,982/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Wood-burning fireplaceLake frontageSurrounded by treesBuilt-in desksOversized deckDouble closetsNewer metal dock
Zillow last checked:
Listing updated:
Listed by:
Teresa Jaynes 509-714-5284,
Windermere City Group
Source: SMLS as distributed by MLS GRID,MLS#: 202519365
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
First floor
- Level: First
- Area: 924 Square Feet
Heating
- Electric, Baseboard
Appliances
- Included: Free-Standing Range, Refrigerator
Features
- Windows: Windows Vinyl
- Basement: None
- Has fireplace: Yes
- Fireplace features: Wood Burning
Interior area
- Total structure area: 924
- Total interior livable area: 924 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached, RV Access/Parking
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: Territorial, Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Lake Front, Dock
Lot
- Size: 6,098 sqft
- Features: Views, Level, Secluded, Cul-De-Sac
Details
- Parcel number: 443002539010
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Metal
Condition
- New construction: No
Community & neighborhood
Location
- Region: Newport
Other
Other facts
- Listing terms: Conventional,Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2025 | Sold | $500,000$541/sqft |
Source:  SMLS as distributed by MLS GRID #202519365 Report a problem | ||
| 7/23/2025 | Pending sale | $500,000$541/sqft |
Source: SMLS as distributed by MLS GRID #202519365 Report a problem | ||
| 7/18/2025 | Price change | $500,000-9.1%$541/sqft |
Source: SMLS as distributed by MLS GRID #202519365 Report a problem | ||
| 6/25/2025 | Listed for sale | $550,000$595/sqft |
Source: SMLS as distributed by MLS GRID #202519365 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,840 +5.9% | $349,150 +12.1% |
| 2023 | $2,683 +0.6% | $311,485 +1.6% |
| 2022 | $2,668 +0.7% | $306,642 +10.4% |
| 2021 | $2,650 -2.6% | $277,786 +1.8% |
| 2020 | $2,720 +56.3% | $272,905 +57.1% |
| 2019 | $1,741 -9% | $173,690 +2% |
| 2018 | $1,913 -1.2% | $170,360 |
| 2017 | $1,937 | $170,360 +0.1% |
| 2016 | $1,937 | $170,203 |
| 2015 | $1,937 | -- |
| 2013 | $1,937 | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $1,796 | $206,944 |
Find assessor info on the county website
Neighborhood: 99156
Nearby schools
GreatSchools rating
- 7/10Stratton Elementary SchoolGrades: PK-4Distance: 7.9 mi
- 5/10Sadie Halstead Middle SchoolGrades: 5-8Distance: 8 mi
- 7/10Newport High SchoolGrades: 9-12Distance: 7.6 mi
Schools provided by the listing agent
- Elementary: Stratton
- Middle: Sadie Halstead
- High: Newport
- District: Newport
Source: SMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$496,500
2% more
+$9,930
With Zillow Showcase(estimated)
$506,430
- Washington
- Pend Oreille County
- Newport
- 99156
- 261 Terrace Ave
Nearby cities
Nearby zip codes
Other Newport Topics
