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21080 NE Ribbon Ridge Rd, Newberg, OR, 97132

3beds
3baths
3,024sqft
$8,500,000
$2,811price/sqft
$54,610/moest. monthly cost
$2,184,400/yrincome needed

About This Home

The crown jewel of Ribbon Ridge. At the summit of the acclaimed Ribbon Ridge AVA sits a property unlike any other—the original homestead of the Ridge and now, a rare offering of history, elegance, and world-class vineyard potential. This 41-acre estate combines legacy and luxury in one of Oregon wine country’s most desirable and tightly held sub-appellations. With 8 acres of organically farmed vineyard already in production and the ability to plant a total of 15-20 acres on prime hillside ground, this is a once-in-a-lifetime opportunity to establish or expand a premium wine brand on the AVA’s most enviable positions. The modern 3,000 sq ft custom farmhouse is both refined and functional—designed with hospitality, lifestyle, and versatility in mind. An irreplaceable property, unmatched in provenance, position, and potential.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
3
BikeSomewhat Bikeable

Schools

9/10
9/10
7/10

Construction

Condition

  • Property condition: Resale
  • Year built: 2019

Materials

  • Foundation: Concrete Perimeter
  • Roof: Metal
  • Construction materials: Wood Composite

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Free-Standing Refrigerator,Stainless Steel Appliance(s),Electric Water Heater

Basement

  • Basement: Crawl Space

Bedroom2

  • Level: Main

Bedroom3

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 3

Features

  • Soaking Tub,Vaulted Ceiling(s),Pantry
  • Window features: Vinyl Frames
  • Flooring: Tile
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 3,024
  • Total interior livable area: 3,024 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 5078
  • Zoning: EF-80

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Sauna
  • Has view: Yes
  • View description: Territorial,Vineyard

Lot

  • Lot size: 41.47 Acres
  • Features: Gentle Sloping,Secluded,Trees,Acres 20 to 50

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in Yamhill County and Oregon

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $42,980$515,760
Home Insurance *$2,055$24,660
Property Taxes $9,301$111,612
Electricity $274$3,293
Total$54,610$655,320
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,872,342/yr
40% on housing$1,638,300/yr
45% on housing$1,456,266/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.1%
10.1%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$2,811This listing

vs Other Active Listings

Avg $/sqft

ZIP 97132$319
Yamhill County$298

vs Homes Sold Last Month

Median $/sqft

ZIP 97132$308
Yamhill County$301

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-23Price change$8,500,000
2026-07-03Listed for sale$8,000,000
2013-12-31Sold$1,275,000

For Sale by Agent

AgentChristian Petersen
BrokerageWillcuts Company Real Estate

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