1017 SW Elizabeth St, Newport, OR, 97365
About This Home
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.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1929
Materials
- Foundation: Block
- Roof: Composition
- Construction materials: Concrete
Notable Dates
- Major remodel year: 2024
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Electric Range,Microwave,Refrigerator,Water Heater
- Laundry features: Electric Dryer Hookup,Washer Hookup
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Features
- Kitchen Island,Walk-In Closet(s)
- Window features: Double Pane Windows,Vinyl Frames
- Flooring: Carpet,Vinyl
- Finished area below ground: 0
- Finished area above ground: 2,304
Heating & Cooling
- Heating features: Electric,Wall Furnace
- Cooling features: Ductless,Heat Pump
Interior Area
- Total structure area: 2,304
- Total interior livable area: 2,304 sqft
Property
Details
- Parcel number: 11108CC80000
- Zoning description: R-2 Residential
- Special condition: Standard
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
- Lot size: 4,791 sqft
- Features: Irregular Lot
Parking
- Parking features: Driveway,Off Street,Gravel
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
- Ice Storm
How This Home’s Risks Compare
FEMA Declared Disasters in Lincoln County and Oregon
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,130 | $37,560 |
| Home Insurance * | $170 | $2,040 |
| Property Taxes | $894 | $10,728 |
| Electricity | $209 | $2,509 |
| Total | $4,403 | $52,836 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-28 | Price change | $619,000 |
| 2026-05-27 | Price change | $639,000 |
| 2026-03-25 | Price change | $669,900 |
| 2025-10-11 | Price change | $689,000 |
| 2025-07-27 | Listed for sale | $739,000 |
| 2023-12-29 | Sold | $270,000 |
| 2023-12-20 | Contingent | $315,000 |
| 2023-08-26 | Pending sale | $315,000 |
| 2023-08-10 | Listed for sale | $315,000 |
For Sale by Agent
View on Zillow