tomo logo

$1,999,900

Beds
8
Baths
8.0
sq ft
5,008

4925 NW Woody Way, Newport, OR 97365

4925 NW Woody Way

Newport, OR 97365

  • 330 days on market
    • Price drop $100,100↓
Welcome to your dream coastal retreat! Nestled along the pristine shores of the Pacific Ocean, this exquisite 8-bedroom, 8-bathroom bed and breakfast is a haven for those seeking the perfect blend of luxury, comfort, and natural beauty. This oceanfront property offers an unparalleled experience with direct beach access and panoramic views of the sparkling waves. Step inside to discover a thoughtfully designed and fully furnished interior that seamlessly combines coastal charm with modern amenities. Each of the 8 bedrooms is a private oasis, adorned with tasteful decor and large windows that invite the breathtaking coastal scenery inside. The 8 bathrooms are elegantly appointed, providing both style and convenience for guests.The heart of this bed and breakfast is a spacious common area that includes a gourmet kitchen, a welcoming dining space, and a cozy lounge where guests can gather and enjoy the warmth of a fireplace while taking in the mesmerizing ocean views. Step outside onto the expansive deck, perfect for sipping morning coffee or evening cocktails as the sun dips below the horizon.With exclusive beach access, the property ensures that every guest can fully embrace the coastal lifestyle. Feel the sand between your toes and listen to the rhythmic sounds of the waves while enjoying the serenity of your own piece of paradise.Whether you're looking for a luxurious getaway, a venue for special occasions, or a thriving bed and breakfast business opportunity, this oceanfront property offers it all. Seize the chance to own a slice of coastal heaven and create memories that will last a lifetime at The Tyee Lodge. Your coastal retreat awaits!

Details

Property type

Single Family Residence

Est. home value

$1,188,890

Property condition

Updated/Remodeled

Lot size

0.3 acres

Price per sq ft

$400

Year built

1945

Annual property taxes

$15,188.18

Price History

10/28/2024
PortlandOR

PortlandOR #23324372

Price change
$1,999,900
-4.77%
08/04/2024
PortlandOR

PortlandOR #23324372

Listed
$2,100,000
07/29/2024
PortlandOR

PortlandOR #23324372

Removed
$2,100,000

Schools & Community

Elementary school: 

Oceanlake

Middle school: 

Taft

High school: 

Taft

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$366,545
Asking price
$1,999,900
Closing costs (~8% of asking)
-$159,992
Est. remaining loan balance
-$1,473,363
Cash to seller
$366,545

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Change Lending Llc

Loan start date

May 2023

Original loan amount

$1,499,999

Est. remaining balance

$1,473,363

Interest rate

6.28%

Loan type

New Conventional, 30 year

Seller

Kenneth R Williams and Danielle C Williams

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/22/2024 at 11:40 PM

Listing updated: 10/28/2024 at 1:11 PM

Listed by: Kristi Cline, Realty One Group At The Beach Phone #: (971) 600-3663

MLS: PortlandOR #23324372

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