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$922,000
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Property Description
Enjoy sweeping panoramic views of Newport's Yaquina Bay from this spacious Craftsman-style home, privately situated on approximately 0.46 acres above the Bayfront. A charming front-entry courtyard creates a warm and welcoming first impression, while the home's thoughtful design is ideal for both comfortable everyday living and memorable entertaining. The open-concept great room showcases soaring vaulted open-beam ceilings, skylights, distinctive wood-look tile flooring, and a gourmet kitchen equipped with a built-in gas grill, deep fryer, counter steamer, garbage compactor, and generous bar area. Warmth and character are found throughout the home with three impressive fireplaces-two gas fireplaces on the main level and a wood-burning fireplace in the lower-level family room. The main-level primary suite offers a walk-in closet and private bath, while the flexible floor plan provides multiple guest bedrooms, a dedicated office or additional bedroom, and spacious gathering areas on both levels. Step outside to enjoy the expansive wrap-around deck and breathtaking bay views-ideal for relaxing, dining, or entertaining while overlooking the Bayfront. Combining exceptional privacy, generous living space, thoughtful custom features, and stunning coastal scenery, this truly one-of-a-kind property offers an outstanding opportunity to experience the best of Newport living.
Full Property Details
Full Property Details for 291 SE Penter Ln
General
- Sold For: $922,000
- Taxes: $12,223 (2025)
- Status: Sold
- Type: Single Family
- Source: RWMLS
- MLS ID: 243718980
- Added to Site: 49 day(s) ago
Interior
- Interior Features: Garage Door Opener, Tile Floor, Wall to Wall Carpet, Washer/Dryer
- Fireplace: Yes
- Number of Fireplaces: 3
- Fireplace(s): Gas, Wood Burning
- Appliances: Built-in Oven, Cooktop, Dishwasher, Double Oven, Down Draft, Free-Standing Refrigerator, Plumbed For Ice Maker, Range Hood, Trash Compactor, Wine Cooler
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Partial Bathrooms: 1
- Lower - Full Baths: 1
Bedrooms
- Total Bedrooms: 6
- Primary Bedroom: Main
- Bedroom 2: Main
- Bedroom 3: Main
- Bedroom 4: Lower
- Bedroom 5: Lower
- Bedroom 6: Lower
Other Rooms
- Living Room: Main
- Family Room: Lower
- Kitchen: Main
- Dining Room: Main
Exterior
- Exterior Features: Deck, Yard
Parking
- Garage: Yes
- Attached garage: Yes
- Total Spaces: 2
- Parking Features: Driveway
Location
- County: Lincoln
- Driving Directions: Turn left onto SE 2nd Street, then right onto Penter Lane. Continue east to the end of Penter Lane
School Information
- Midd School District: Newport
- Elementary School: Yaquina View
- Middle School: Newport
- High School: Newport
Community
- Community Name: 200 - Lincoln County
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Heating Fuel: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Architectural Style: Craftsman
- Basement Desc.: Finished
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 4,158
- Year Built: 1966
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.46
- Lot Size (Sq. Ft.): 20,037
- Lot Size: 15, 000 to 19, 999 SqFt
- Frontage: Gravel
Financial Considerations
- Tax Amount: $12,223.65
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Disclosures/Reports: Disclosure
- Property ID: R340405
Listed by Coldwell Banker Professional (503) 538-0468, Hannah Katz (541) 418-3101
Sold by Non Rmls Broker (503) 236-7657, OR and WA Non Rmls
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Schools
Schools serving 291 SE Penter Ln
School District:Lincoln County School District
| Name | Grades | Distance |
|---|---|---|
Sam Case Elementary School 351 Southeast Harney Street, Newport, OR 97365 | K-2 | 0.3 mi |
Sam Case Elementary 459 Northeast 12th Street, Newport, OR 97365 | 3-5 | 0.9 mi |
Newport Middle School 825 Northeast 7th Street, Newport, OR 97365 | 6-8 | 0.7 mi |
Newport High School, Newport, OR 322 Northeast Eads Street, Newport, OR 97365 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 291 SE Penter Ln
Date
Details
Price
Change
Source
8/27/2026
Sold
$922,000
-6.87%
MLS
7/18/2026
Listed
$990,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
291 SE Penter Ln, Newport, OR 97365 (MLS# 243718980) is a Single Family property that was sold at $922,000 on August 27, 2026. Want to learn more about 291 SE Penter Ln? Do you have questions about finding other Single Family real estate for sale in Newport? You can browse all Newport real estate or contact a Coldwell Banker agent to request more information.

