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  • $922,000

    291 SE Penter Ln, Newport, OR 97365

    6beds
    4,158sqft
    Single Family Residence
    Built in 1966
    0.46 Acres Lot
    $921,400 Zestimate®
    $222/sqft
    $3,451 Estimated rent

    Home value

    $921,400

    $848,000 - $995,000

    $3,451/mo

    Zestimate® history
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    What's special

    Flexible floor planThree impressive fireplacesGarbage compactorStunning coastal sceneryExpansive wrap-around deckWalk-in closetBuilt-in gas grill
    Enjoy sweeping panoramic views of Newport's Yaquina Bay from this spacious Craftsman-style home, privately situated on approximately 0.46 acres above the Bayfront. A charming front-entry courtyard creates a warm and welcoming first impression, while the home's thoughtful design is ideal for both comfortable everyday living and memorable entertaining. The open-concept great room showcases soaring vaulted open-beam ceilings, skylights, distinctive wood-look tile flooring, and a gourmet kitchen equipped with a built-in gas grill, deep fryer, counter steamer, garbage compactor, and generous bar area. Warmth and character are found throughout the home with three impressive fireplaces—two gas fireplaces on the main level and a wood-burning fireplace in the lower-level family room. The main-level primary suite offers a walk-in closet and private bath, while the flexible floor plan provides multiple guest bedrooms, a dedicated office or additional bedroom, and spacious gathering areas on both levels. Step outside to enjoy the expansive wrap-around deck and breathtaking bay views—ideal for relaxing, dining, or entertaining while overlooking the Bayfront. Combining exceptional privacy, generous living space, thoughtful custom features, and stunning coastal scenery, this truly one-of-a-kind property offers an outstanding opportunity to experience the best of Newport living.

    Zillow last checked:

    Listing updated:

    Listed by:

    Hannah Katz 541-418-3101,

    Coldwell Banker Professional Group - Lincoln City

    Bought with:

    Outside of MLS

    Outside of MLS

    Source: OCMLS,MLS#: 26-1943MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Primary bedroom
    • Description: Walk-In-Closet
    Dining room
    • Description: Gas Fireplace
    Family room
    • Description: Wood Fireplace
    Library
    • Description: Sitting Area
    Living room
    • Description: Gas Fireplace
    Heating
    • Forced Air, Natural Gas, Wood
    Cooling
    • None
    Appliances
    • Included: Dryer, Down Draft, Double Oven, Dishwasher, Electric Oven, Gas Cooktop, Ice Maker, Other, Refrigerator, Range Hood, Trash Compactor, Washer, Water Heater, Wine Refrigerator
    Features
    • Open Floorplan, Beamed Ceilings, Smart Camera(s)/Recording
    • Flooring: Carpet, Tile
    • Windows: Window Treatments
    • Basement: Finished
    • Number of fireplaces: 3
    • Fireplace features: Gas, Wood Burning
    Interior area
    • Total structure area: 4,158
    • Total interior livable area: 4,158 sqft
    • Finished area above ground: 4,158
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached Garage, Driveway, Garage Door Opener
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Other
    • Exterior features: Private Yard
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 0.46 Acres
    Details
    • Parcel number: 111108AC202
    • Zoning description: R-2 Residential
    • Special conditions: Standard,Trust

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Craftsman
    • Property subtype: Single Family Residence
    Materials
    • Cedar
    • Foundation: Combination
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1966

    Utilities & green energy

    • Electric: 200+ Amp Service, Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    HOA
    • Has HOA: No
    Location
    • Region: Newport

    Financial & listing details

    • Price per square foot: $222/sqft
    • Tax assessed value: $1,233,740
    • Annual tax amount: $12,223
    • Date on market: 7/14/2026
    • Listing terms: Cash,Conventional
    • Electric utility on property: Yes
    • Road surface type: Gravel

    Price history

    DateEventPrice
    8/27/2026Sold$922,000-6.9%$222/sqft
    Source: OCMLS #26-1943 Report a problem
    7/24/2026Pending sale$990,000$238/sqft
    Source: RMLS (OR) #243718980 Report a problem
    7/24/2026Contingent$990,000$238/sqft
    Source: OCMLS #26-1943 Report a problem
    7/15/2026Listed for sale$990,000$238/sqft
    Source: OCMLS #26-1943 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,857 +2.1%$683,180 +3%
    2024$11,610 +2.4%$663,290 +3%
    2023$11,336 +3.2%$643,980 +3%
    2022$10,987 -1.3%$625,230 +3%
    2021$11,131 +5.6%$607,020 +3%
    2020$10,541 $589,340 +3%
    2019-- $572,180 +3%
    2018$10,081 $555,520 +3%
    2017$10,081 +3.1%$539,340 +3%
    2016$9,780 $523,640 +3%
    2015$9,780 +10.3%$508,390 +3%
    2014$8,863 $493,590 +3%
    2013$8,863 +9.9%$479,220 +3%
    2012$8,067 +3.2%$465,270 +3%
    2011$7,820 +2.6%$451,720
    2010$7,620 +3.1%$451,720 +6.1%
    2009$7,387 +1.7%$425,800
    2008$7,265 +3.5%$425,800 +6.1%
    2007$7,019 $401,360
    Find assessor info on the county website

    Neighborhood: 97365

    Nearby schools

    GreatSchools rating
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