5 Beds

3 Baths

2,764 SqFt

Active

Rare Opportunity – Spacious 5-Bedroom, 3-Bath Vintage Charmer with Income Potential!This beautifully updated home offers flexibility, character, and income potential on a generously sized lot. Currently operating as a successful vacation rental, it’s ideal for multi-generational living, a dual-living setup, or for residing in the main house while continuing to rent out the separate studio. Step inside to discover a blend of vintage charm and modern upgrades, including a remodeled kitchen and bathrooms, newer flooring, HVAC, a brand-new roof, and a new electrical panel. Original architectural details like coved ceilings, door hardware and a cozy fireplace bring warmth and character to the living room. The layout features two upstairs bedrooms, one with a kitchenette as well as a full bath—perfect for guests or extended stays. Two additional bedrooms and a full bath are located on the main level. A private studio with its own entrance, full bathroom, and secondary laundry offers excellent rental or guest space. Enjoy the outdoors on the covered back deck, park with ease under the spacious carport, and take advantage of the large side yard—ideal for a potential ADU or garden space. So many possibilities await—don’t miss this unique and versatile property!

Property Details
Price $599,000
Bedrooms 5
Full Baths 3
Total Baths 3
Property Style Bungalow,Capecod
Acres 0.14
Stories 2
Features EngineeredHardwood,HighSpeedInternet,Laundry,TileFloor,VinylFloor
Exterior Features CoveredDeck,Fenced,GuestQuarters,Porch,PrivateRoad,Yard
Year Built 1947
Fireplaces 1
Roof Composition
Heating ForcedAir
Foundation ConcretePerimeter
Accessibility MainFloorBedroomBath,UtilityRoomOnMain
Parking Description Carport,Driveway
Geographic Data
Directions First Street to Parkview
County Yamhill
Latitude 45.29972
Longitude -122.965662
Market Area _156
Address Information
Address 114 S PARKVIEW DR
Postal Code 97132
City Newberg
State OR
Country United States
Listing Information
Listing Office Willcuts Company Real Estate
Listing Agent Cassandre Moss
Terms Cash,Conventional,FHA,VALoan
School Information
Elementary School Edwards
Middle School Mountain View
High School Newberg
MLS® Information
Days on market 44
MLS® Status Active
Listing Date Aug 18, 2025
Listing Last Modified Oct 1, 2025
Tax ID 59698
Tax Year 2024
Tax Annual Amount 3991
MLS® Area _156
MLS® # 225082251

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This information is believed to be accurate, but without any warranty.