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NE Old Parrett Mountain Rd #2, Newberg, OR, 97132

4beds
3baths
3,241sqft
$2,495,000
$770price/sqft
$14,926/moest. monthly cost
$597,040/yrincome needed

About This Home

Discover an exceptional opportunity to build your dream home with this proposed luxury residence by Willamette Valley builder, Corins Custom Homes. Ideally situated in one of Newberg’s most sought-after locations, this property offers the perfect balance of refined living and Wine Country charm. Just minutes from downtown Newberg, you’ll enjoy easy access to award-winning restaurants, boutique shopping, cozy coffee shops, world-class wineries, Chehalem Glenn Golf Course, and more, placing the very best of the region at your doorstep. Set on a 23.47-acre estate, the property showcases mountain, vineyard and valley views, while providing excellent privacy, and rich Jory soils, ideal for establishing your own vineyard or exploring a variety of agricultural pursuits. The proposed 3,241 sqft home features 4 bedrooms and 2.1 bathrooms, thoughtfully designed for both comfort and sophistication. Highlights include high ceilings, custom built-ins, and expansive windows that beautifully frame the surrounding landscape. The gourmet kitchen is an entertainer’s dream, complete with an oversized custom island, built-in features, high end appliances, and a butlers pantry. With customizable build options available, you have the rare opportunity to tailor every detail to suit your vision and lifestyle.Don’t miss this chance to bring your dream home to life on one of Newberg’s most desirable acreage estates. For Directions: Use 33584 NE Old Parrett Mountain Rd, Newberg. Property is just beyond on the left (Parcel 2). Appointment required for viewing.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
2
BikeSomewhat Bikeable

Schools

7/10
5/10
7/10

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Cement Siding,Lap Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Appliance Garage,ENERGY STAR Qualified Appliances,Free-Standing Gas Range,Gas Appliances,Range Hood,Stainless Steel Appliance(s),Wine Cooler,Electric Water Heater
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Crawl Space,Storage Space

Bedroom2

  • Features: Closet, High Ceilings, Wallto Wall Carpet
  • Level: Main
  • Area: 120

Bedroom3

  • Features: Closet, High Ceilings, Wallto Wall Carpet
  • Level: Main
  • Area: 121

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • Partial bathrooms: 1
  • Main level bathrooms: 3

Dining Room

  • Features: Engineered Hardwood, High Ceilings
  • Level: Main
  • Area: 192

Features

  • High Ceilings,Quartz,Soaking Tub,Vaulted Ceiling(s),Wainscoting,Built-in Features,Closet,Gourmet Kitchen,Kitchen Island,Butlers Pantry,Walk-In Closet(s),Walkin Shower,Pot Filler,Tile
  • Window features: Double Pane Windows
  • Flooring: Engineered Hardwood,Tile,Wall to Wall Carpet
  • Number of fireplaces: 1
  • Fireplace features: Propane
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air 95 Plus,Fireplace(s)
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,241
  • Total interior livable area: 3,241 sqft

Kitchen

  • Features: Builtin Features, Gas Appliances, Gourmet Kitchen, Island,Butlers Pantry, Engineered Hardwood, High Ceilings, Quartz
  • Level: Main
  • Area: 320

Living Room

  • Features: Builtin Features, Fireplace,Engineered Hardwood, High Ceilings, Soaking Tub
  • Level: Main
  • Area: 494

Master Bedroom

  • Features: Engineered Hardwood, Soaking Tub, Vaulted Ceiling, Walkin Closet, Walkin Shower
  • Level: Main
  • Area: 306

Office

  • Features: Builtin Features,Engineered Hardwood, High Ceilings
  • Level: Main
  • Area: 144

Property

Accessibility

  • Accessibility features: Main Floor Bedroom Bath,Natural Lighting,One Level,Walkin Shower,Accessibility

Details

  • Parcel number: 718252
  • Zoning: AF-20

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck,Patio
  • Exterior features: Yard
  • Has view: Yes
  • View description: Mountain(s),Valley,Vineyard

Lot

  • Lot size: 23.47 Acres
  • Features: Gentle Sloping,Level,Acres 20 to 50

Parking

  • Total spaces: 2
  • Parking features: Driveway,Oversized
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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

  • Heat Wave
    Heat WaveRelatively High
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Heat Wave
Earthquake
Inland Flooding
Ice Storm
Lightning
Strong Wind

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 $12,616$151,392
Home Insurance *$603$7,236
Property Taxes $1,413$16,956
Electricity $294$3,529
Total$14,926$179,112
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$511,748/yr
40% on housing$447,780/yr
45% on housing$398,026/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

$770This listing

vs Other Active Listings

Avg $/sqft

ZIP 97132$367
Yamhill County$309

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)

Price History

DateEventPrice
2026-04-08Listed for sale$2,495,000
2024-06-07Sold$950,000

New Construction

AgentJennifer Nash
BrokerageCascade Hasson Sotheby's International Realty

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