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22740 NE Highway 240, Newberg, OR 97132 — photograph 1

Photograph 1 of 47

22740 NE Highway 240, Newberg, OR 97132 — photograph 1
3 Beds2 Baths3,936 sqft

22740 NE Highway 240, Newberg

$1,275,000

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ActiveMLS®: 466618401Listing held by another brokerage, marked RMLS
Price per sqft
$323.93
Built in
1957
Property size
3,936 sqft
Lot size
11.9 acres
Property type
Residential
Days on market
32

Overview

Please use caution walking property, uneven terrain & possible trip hazards. 2 legal residences on one parcel! 11.9 acres, large shops, beautiful property. Main house: 3bd, 2ba. Second home: 2bd 2ba is Not Conditional Use, may be used as a rental and/or qualify for a replacement dwelling permit (buyer due diligence). This property offers flexibility! The large home has 3936sqft. On the main floor you'll find 3bd, 1ba, updated kitchen, living room, large, inviting, family room, newer flooring, fresh interior paint, 2 pellet stoves. A large front deck, and another back deck area is ideal for enjoying the views. A mostly unfinished basement waiting for your creativity, includes fireplace and full bath with roll in shower! The 2nd home is 1991 singlewide MH w/ 924 sqft. If you are looking for multiple separate living quarters, large workshop, multi-bay machine shop and more! this may be exactly what you have been searching for. Seasonal creek. Gated driveway. Don't miss this one!

Details

Interior

Interior features
Engineered Hardwood, Granite, Laundry
Appliances
Dishwasher, Free Standing Range, Free Standing Refrigerator, Granite, Island
Fireplace
Yes
Fireplaces
5
Fireplace description
Insert, Pellet Stove, Wood Burning
Cooling
Yes
Cooling description
Heat Pump
Heating
Yes
Heating description
Forced Air
Windows
Double Pane Windows, Vinyl Frames

Exterior and lot

Lot size
11.9 acres
Exterior features
Deck, Fenced, Outbuilding, Public Road, RV Parking, RV / Boat Storage, Second Garage, Second Residence, Tool Shed, Workshop, Yard
Lot features
Cleared, Gentle Sloping, Public Road, Sloped, Trees
Architectural style
Daylight Ranch
Roof
Composition
View
Yes
View description
Creek / Stream, Territorial, Valley

Utilities

Sewer
Septic Tank
Water source
Well

Parking

Garage spaces
4
Parking
Covered, Driveway
Total parking
4

Schools

High school
Newberg
Middle school
Chehalem Valley
Elementary school
Ewing Young

Location

City
Newberg
County
Yamhill
Zoning
EF-20

Taxes and dues

Annual taxes
$3,566 (2025)

Location

22740 NE Highway 240, Newberg, OR 97132

Map showing the location of 22740 NE Highway 240, Newberg, OR 97132
© Mapbox © OpenStreetMap

Monthly payment estimate

$7,083 /mo

20% · $255,000
7.00%
Principal and interest
$6,786
Property tax (2025)
$297
Total
$7,083

Estimate only, and not an offer of credit. Assumes 20% down ($255,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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