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  • $545,000

    1081 Oakwood Rd, Newport, MN 55055

    4beds
    3,681sqft
    Single Family
    Built in 2022
    7,187.4 Square Feet Lot
    $559,800 Zestimate®
    $148/sqft
    $4,535 Estimated rent

    Home value

    $559,800

    $532,000 - $588,000

    $4,535/mo

    Zestimate® history
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    What's special

    Why wait to build when you can move right into this nearly new home, built in 2022 set on a beautiful lot next to the playground—fully finished, thoughtfully designed, and packed with features that go beyond what you’ll find in standard new construction. Located just minutes from Hwy 61 and I-494, commuting and daily errands are quick and convenient. This home offers a bright, open-concept layout with modern finishes, a spacious kitchen, and large windows that fill the space with natural light. The main level flows effortlessly from room to room, perfect for both everyday living and entertaining. Downstairs, enjoy the recently finished basement, ideal for a second living area, playroom, or media room—complete with built-in speakers for an elevated entertainment experience. Outside, the low-maintenance yard offers room to relax or play, and the 3-car garage includes an extra-deep third stall—perfect for a workshop, additional storage, or larger vehicles. All the upgrades, none of the wait. Better than new—and ready for you! Schedule your private showing today.

    Zillow last checked: 7 hours ago

    Listing updated: April 08, 2026 at 02:06pm

    Listed by:

    Amy Lund 651-895-6254,

    LPT Realty, LLC,

    Shang M. Thao-Berg 651-210-7007

    Bought with:

    James M Kroeten

    Advisor Realty Group, LLC

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7005453MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 1
    • 3/4 bathrooms: 3
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Upper
    • Area: 168 Square Feet
    • Dimensions: 12x14
    Bedroom 2
    • Level: Upper
    • Area: 130 Square Feet
    • Dimensions: 13x10
    Bedroom 3
    • Level: Upper
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Bedroom 4
    • Level: Lower
    • Area: 165 Square Feet
    • Dimensions: 15x11
    Dining room
    • Level: Main
    • Area: 128 Square Feet
    • Dimensions: 8x16
    Family room
    • Level: Lower
    • Area: 624 Square Feet
    • Dimensions: 26x24
    Flex room
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 10x11
    Kitchen
    • Level: Main
    • Area: 160 Square Feet
    • Dimensions: 10x16
    Laundry
    • Level: Upper
    • Area: 36 Square Feet
    • Dimensions: 6x6
    Living room
    • Level: Main
    • Area: 272 Square Feet
    • Dimensions: 17x16
    Loft
    • Level: Upper
    • Area: 192 Square Feet
    • Dimensions: 16x12
    Mud room
    • Level: Main
    • Area: 54 Square Feet
    • Dimensions: 9x6
    Storage
    • Level: Lower
    • Area: 192 Square Feet
    • Dimensions: 16x12
    Utility room
    • Level: Lower
    • Area: 48 Square Feet
    • Dimensions: 8x6
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Wall Oven, Washer, Water Softener Owned
    • Laundry: Upper Level
    Features
    • Basement: Drain Tiled,Egress Window(s),Finished,Full,Concrete,Storage Space,Sump Pump
    Interior area
    • Total structure area: 3,681
    • Total interior livable area: 3,681 sqft
    • Finished area above ground: 2,464
    • Finished area below ground: 805

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Asphalt, Garage, Garage Door Opener, Insulated Garage
    • Attached garage spaces: 3
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Porch
    • Pool features: None
    • Fencing: None
    Lot
    • Size: 7,187 sqft
    • Dimensions: 72 x 100 x 72 x 100
    • Features: Tree Coverage - Light
    Details
    • Foundation area: 1277
    • Parcel number: 3002821210038
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Frame
    • Roof: Age 8 Years or Less,Architectural Shingle
    Condition
    • New construction: No
    • Year built: 2022

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer - In Street
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Newport
    • Subdivision: Bailey Meadows 3rd Add

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $64 monthly
    • Services included: Professional Mgmt, Sanitation
    • Association name: Omega Management
    • Association phone: 763-449-9100

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/8/2026Sold$545,000-2.5%$148/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7005453 Report a problem
    3/31/2026Pending sale$559,000$152/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7005453 Report a problem
    1/16/2026Listed for sale$559,000-0.2%$152/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7005453 Report a problem
    1/2/2026Listing removed$559,900$152/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6800834 Report a problem
    12/4/2025Price change$559,9000%$152/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6800834 Report a problem
    10/28/2025Price change$560,000-6.7%$152/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6800834 Report a problem
    10/7/2025Listed for sale$599,900-6.3%$163/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6800834 Report a problem
    10/7/2025Listing removed$639,900$174/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6757334 Report a problem
    9/20/2025Price change$639,900-0.8%$174/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6757334 Report a problem
    9/4/2025Price change$644,900-0.8%$175/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6757334 Report a problem
    8/8/2025Listed for sale$649,900+20%$177/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6757334 Report a problem
    3/15/2022Sold$541,760$147/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6146178 Report a problem
    1/26/2022Pending sale$541,760+7.3%$147/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6146178 Report a problem
    5/15/2021Listing removed--
    Source: NorthstarMLS as distributed by MLS GRID #5724189 Report a problem
    4/28/2021Price change$504,990+1%$137/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5724189 Report a problem
    4/6/2021Price change$499,990+2%$136/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5724189 Report a problem
    3/30/2021Price change$489,990+1%$133/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5724189 Report a problem
    3/17/2021Price change$484,990+1%$132/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5724189 Report a problem
    3/12/2021Listed for sale$479,990+2.1%$130/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5724189 Report a problem
    2/5/2021Listing removed--
    Source: NorthstarMLS as distributed by MLS GRID #5694034 Report a problem
    2/1/2021Price change$469,990+1.1%$128/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5694034 Report a problem
    1/26/2021Price change$464,990+2.4%$126/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5694034 Report a problem
    1/3/2021Listed for sale$453,990$123/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5694034 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,630 +0.1%$523,600 -6.3%
    2024$7,624 +83.3%$558,700 +88.4%
    2023$4,160 +244.9%$296,600 +376.8%
    2022$1,206 +424.3%$62,200 -62.3%
    2021$230 $165,000

    Find assessor info on the county website

    Neighborhood: 55055

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $559,800
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    Estimated market value
    $559,800