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  • $2,000,000

    1515 NW Spring St, Newport, OR 97365

    4beds
    4baths
    3,609sqft
    Single Family Residence
    Built in 2024
    0.37 Acres Lot
    $1,933,300 Zestimate®
    $554/sqft
    $5,360 Estimated rent

    Home value

    $1,933,300

    $1.62M - $2.28M

    $5,360/mo

    Zestimate® history
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    What's special

    Experience breathtaking views, private shared beach access, and refined coastal living at 1515 NW Spring St in Newport. This 4-bed, 3.5-bath architectural masterpiece offers three oceanfront balconies, a gourmet kitchen with Thermador appliances, a 6-burner gas range, and waterfall quartz island. Two oceanfront primary suites feature spa-like baths, cedar-lined closets, and private balconies. Enjoy a spacious family room with wet bar, gas fireplace, oceanview patio, and elevator access. With a two-car garage, central vacuum, and elegant modern finishes, this home blends luxury and nature. Located steps from Nye Beach shops, dining, and Agate Beach Golf. Now priced 300K below original—don't miss this extraordinary coastal retreat. Interior Features 4 Bedrooms | 3.5 Bathrooms - Thoughtfully designed layout ideal for privacy, entertaining, and comfort Dual Oceanfront Primary Suites - Spa-like bathrooms, cedar-lined walk-in closets, and private balconies with panoramic views Gourmet Chef's Kitchen - Thermador appliances, 6-burner gas range, waterfall-edge quartz island, and custom cabinetry Expansive Living Areas - Open-concept great room with gas fireplace and floor-to-ceiling ocean views Oceanview Family Room - Lower level with wet bar, ideal for guests. Elevator - Access all levels with ease; ideal for aging in place or luxury convenience Laundry Room & Central Vacuum - Practical upgrades for everyday function High-End Finishes - Wide-plank flooring, custom tile, designer lighting, and solid-core doors throughout Exterior Features Direct Beach Access - Private path to the sand just steps from your patio. This access is shared with three homes. Three Oceanfront Balconies - Designed for relaxation and capturing sunrise to sunset views Expansive Oceanfront Patio - Seamless indoor-outdoor connection for entertaining or solitude Modern Coastal Architecture - Blends sleek design with natural elements and high-end materials Attached Two-Car Garage - Ample room for storage, vehicles, or coastal gear Low-Maintenance Landscaping - Beautiful and efficient for easy ownership Construction & Warranty Brand New 2025 Construction - Built with quality materials and attention to detail One-Year Builder's Warranty - Confidence and protection for your investment Turnkey and Move-In Ready - No updates neededenjoy the coast from day one Lifestyle & Location Benefits Coveted Newport Location - Close to Nye Beach's shops, dining, galleries, and Agate Beach Golf Course Quiet Coastal Setting - In an established neighborhood with upscale homes and minimal traffic Versatile Living - Ideal as a full-time residence, vacation retreat, or multigenerational coastal escape

    Zillow last checked: 7 hours ago

    Listing updated: January 26, 2026 at 02:46pm

    Listed by:

    Audra Powell (541)265-2200,

    Advantage Real Estate

    Bought with:

    Ed Tanabe, 200308237

    Cascade Hasson Sotheby's International Realty

    Lisa M. Morrigan, 200109047

    Cascade Hasson Sotheby's International Realty

    Source: OCMLS,MLS#: LC-101618MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Primary bedroom
    • Description: Stunning ocean views, balcony
    Bedroom 2
    • Description: Stunning ocean views, balcony
    Bedroom 3
    • Description: Plush carpet
    Bathroom
    • Description: Custom tile shower, deep soaking tub
    Bathroom
    • Description: Quartz and tile, tub/shower
    Bonus room
    • Description: Huge mechanical/storage room
    Dining room
    • Description: Ocean view
    Family room
    • Description: Backlight bar, Ocean view patio
    Kitchen
    • Description: Thermador appliances
    Living room
    • Description: Gas fireplace, live edge mantle, wet bar
    Utility room
    • Description: quartz, tile, Electrolux washer/dryer
    Heating
    • Has Heating (Unspecified Type)
    Appliances
    • Included: Dryer, Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Washer, Water Heater
    Features
    • Vaulted Ceiling(s)
    • Flooring: Carpet, Tile, Vinyl
    • Basement: Daylight
    • Has fireplace: Yes
    • Fireplace features: Gas, Insert
    Interior area
    • Total structure area: 3,609
    • Total interior livable area: 3,609 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached Garage
    • Garage spaces: 2
    Features
    • Levels: Multi/Split
    Lot
    • Size: 0.37 Acres
    • Features: Irregular Lot
    Details
    • Additional structures: None
    • Parcel number: 111105BB230200
    • Zoning description: R-4 Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Concrete
    • Foundation: Concrete Perimeter, Slab
    • Roof: Metal
    Condition
    • Year built: 2024

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Water Available

    Community & neighborhood

    Location
    • Region: Newport

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/28/2025Sold$2,000,000-9%$554/sqft
    Source: OCMLS #LC-101618 Report a problem
    7/26/2025Pending sale$2,199,000$609/sqft
    Source: OCMLS #24-1510 Report a problem
    5/12/2025Price change$2,199,000-4.3%$609/sqft
    Source: OCMLS #24-1510 Report a problem
    3/25/2025Price change$2,299,000-2.1%$637/sqft
    Source: OCMLS #24-1510 Report a problem
    2/26/2025Price change$2,348,000-2.1%$651/sqft
    Source: OCMLS #24-1510 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$9,182 +592.4%$524,570 +596.4%
    2023$1,326 +3.2%$75,330 +3%
    2022$1,285 -61.1%$73,140 -59.4%

    Find assessor info on the county website

    Neighborhood: 97365

    Nearby schools

    GreatSchools rating