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1824 NE Waterfront St, Newberg, OR, 97132

5beds
2baths
2,324sqft
$1,390,000
$598price/sqft
$9,095/moest. monthly cost
$363,800/yrincome needed

About This Home

Tucked at the end of a quiet lane, this 2.96-acre property offers the best of both worlds: country serenity and urban growth potential. Built in 1911, the home exudes timeless charm with hardwood floors, coved ceilings, and sun-filled rooms that whisper of a simpler era. But the true opportunity lies in what comes next. Zoned MDR/RD and located within the Urban Growth Boundary, the property invites your vision for future development, investment, or multi-home potential. With nearly three acres of gently sloping land, there’s ample space to create something extraordinary, whether it’s a cluster of new homes, a modern farmhouse estate, or a garden-to-table hobby farm. Updated in 2004 with new ductwork and later improved with a heat pump for year-round comfort, the home offers a solid and comfortable starting point as you envision what’s ahead. The homesite sits above the flood zone yet just moments from the Willamette River and Rogers Landing Park, providing easy access to recreation, downtown Newberg, and the heart of Oregon wine country. Bring your imagination, this is your slice of heaven with sky-high potential. Buyer to do own due diligence on intended use.

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

6/10
9/10
7/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1911

Materials

  • Roof: Composition
  • Construction materials: Cedar,Wood Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Free-Standing Range,Range Hood,Electric Water Heater
  • Laundry features: Laundry Room

Basement

  • Basement: Crawl Space

Bedroom2

  • Features: Coved, Hardwood Floors,Closet
  • Level: Upper
  • Area: 160

Bedroom3

  • Features: Hardwood Floors
  • Level: Upper
  • Area: 110

Bedroom4

  • Features: Hardwood Floors
  • Level: Upper
  • Area: 140

Bedroom5

  • Features: Wallto Wall Carpet
  • Level: Lower
  • Area: 156

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1

Dining Room

  • Features: Hardwood Floors
  • Level: Main
  • Area: 169

Features

  • Coved,Closet,Granite
  • Door features: French Doors
  • Flooring: Hardwood,Tile,Wood,Wall to Wall Carpet
  • Number of fireplaces: 2
  • Fireplace features: Pellet Stove,Stove,Wood Burning
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 2,324
  • Total interior livable area: 2,324 sqft

Kitchen

  • Features: Dishwasher, Hardwood Floors,Free Standing Range
  • Level: Main
  • Area: 156

Living Room

  • Features: Hardwood Floors, Pellet Stove
  • Level: Main
  • Area: 195

Master Bedroom

  • Features: Coved, Hardwood Floors,Closet
  • Level: Main
  • Area: 143

Property

Details

  • Parcel number: 67670
  • Zoning: MDR/RD

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Garden,Yard
  • Has view: Yes
  • View description: Territorial

Lot

  • Lot size: 2.96 Acres
  • Features: Gentle Sloping,Level,Secluded,Acres 1 to 3
  • Lot size dimensions: Appro x 389' x 287'

Parking

  • Total spaces: 2
  • Parking features: Driveway,Detached
  • 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

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

How This Home’s Risks Compare

Earthquake
Heat Wave
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 $7,028$84,336
Home Insurance *$336$4,032
Property Taxes $1,521$18,252
Electricity $210$2,530
Total$9,095$109,140
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$311,828/yr
40% on housing$272,850/yr
45% on housing$242,533/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

$598This listing

vs Other Active Listings

Avg $/sqft

ZIP 97132$371
Yamhill County$310

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
2026-05-07Price change$1,390,000
2025-11-12Listed for sale$1,477,000
2019-03-08Sold$451,884
2019-01-24Pending sale$459,000
2018-11-27Listed for sale$459,000
2004-05-26Sold$255,000

For Sale by Agent

AgentKelly Hagglund
BrokerageThe Kelly Group Real Estate

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