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$500,000

261 Terrace Ave Newport, WA 99156

2 beds
1 bath
924 sqft
0.1 acres
$541 / sqft
House

Property details

About 261 Terrace Ave

Peaceful getaway on Diamond Lake! Cozy, one-level waterfront cabin offers nearly 1,000 sq ft of well-planned living space & boasts approximately 37 ft of lake frontage. Tucked away at the end of a quiet cul-de-sac, the home is surrounded by trees for shade & privacy. Oversized deck provides the perfect place to take in lake views & enjoy outdoor dining. The property features a durable metal roof, newer hot water tank & newer metal dock for easy access to all your water activities. Plenty of room for guests & recreational toys with ample parking, 1car garage, & convenient lean-to. Inside, you’ll love the warm & nostalgic feel w/ knotty pine accents, unique eating bar & custom bar stools. Wood-burning fireplace. Well-appointed bedrooms w/ double closets & built-in desks. Whether you're looking for a peaceful retreat, a vacation rental, or full-time residence, this home has so much to offer. Just 45 min to Spokane. Popular destination known for boating, fishing, swimming & making memories—Waterfront Paradise!

Highlights

Home typeSingle Family Residence
HeatingElectric, Baseboard
StatusSale Pending
(Pending-Inspection)
Size924 sqft
Lot size0.14 Acres
Year built9999
ParkingDetached, RV Access/Parking
MLS #202519365
Garage1 space
WaterfrontLake Front, Dock
FireplaceWoodburning Fireplce
ViewTerritorial, Water

Summary

  • Appliances: Range, Refrigerator
  • Basement: No
  • Interior: Windows Vinyl
  • Fireplace: Woodburning Fireplce
  • Total Bedroom Count: 2
  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, RV Access/Parking
  • Waterfront: Lake Front, Dock
  • View: Territorial, Water
  • Exterior: Deck
  • Architectural Style: Ranch
  • Heating: Electric, Baseboard
  • List Price: $500,000
  • Price/SqFt: $541
  • Annual Tax Amount: $2,682
  • Tax Year: 2023
  • Lot: Views, Trees, Level, Secluded, Cul-De-Sac
  • Directions: From Spokane, Take Highway 2 North, Take left onto N Shore Rd/N Shore Diamond Lake Rd, Turn Rt on N Shore Rd, Then Turn onto Bayview Rd, Then turn right onto Terrace Ave. Home is on your left.
  • Year Built: 9999
  • Stories: 1
  • Living Area: 924 SqFt
  • Lot Size: 0.14 Acres
  • MLS Number: 202519365
  • MLS Name: SARMLS
  • Office Name: Windermere City Group
  • Office Email: citygroup@windermere.com
  • Listing Agent: Teresa Jaynes

IDX Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the SARMLS. Real estate listings held by other brokerage firms are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Copyright 2025 Spokane Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 2:40:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$311,485$2,682

History based on county public records data.

Nearby schools

6

Stratton Elementary School

Public District PK-4

7.9 mi

1201 W 5th St

7

Riverside Elementary School

Public District PK-5

13.1 mi

3802 E Deer Park Milan Rd

5

Priest River Elementary School

Public District PK-6

14.4 mi

231 Harriet St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,938. Residents of Newport, WA typically earn less than $<35k each year. Typical family type is married, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

44%
<35k
33%
35k-100k
17%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

38%
Single, No Kids
10%
Single, with Kids
39%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
7%
12-17 yrs old
13%
18-34 yrs old
46%
35-64 yrs old
22%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • HuntingHunting
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Dollar GeneralDollar General
  • DillardsDillards
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Cracker BarrelCracker Barrel
  • Texas RoadhouseTexas Roadhouse

What do the neighbors drive?

  • GMCGMC
  • CadillacCadillac
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • Classic CountryClassic Country
  • News/Talk/InformationNews/Talk/Information
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 261 Terrace Ave

The listing price of 261 Terrace Ave property is $500,000.

The property 261 Terrace Ave is a house located in Newport, Washington, 99156.

Sale Pending: 261 Terrace Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

The nearby schools for 261 Terrace Ave are: Stratton Elementary School (GreatSchools Rating 6/10), Riverside Elementary School (GreatSchools Rating 7/10), Priest River Elementary School (GreatSchools Rating 5/10), Sadie Halstead Middle School (GreatSchools Rating 4/10), Riverside Middle School (GreatSchools Rating 6/10), Deer Park Middle School (GreatSchools Rating 8/10), Newport High School (GreatSchools Rating 5/10), Pend Oreille River School (GreatSchools Rating 2/10), Riverside High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2023 is $2,682 (source: MLS/based on county public records data).

The property at 261 Terrace Ave has 2 bedrooms and 1 bathroom.

The property 261 Terrace Ave is 924 SqFt (source: MLS/tax record).

The year of construction for 261 Terrace Ave is 9999.

This home is located at 261 Terrace Ave in Newport, WA and zip code 99156. This 924 square foot home, which was built in 9999, sits on a 0.14 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 25, 2025 and is currently priced at $500,000.

In June 2025, from all listings sold in Newport, WA there were more than 0 sold above asking price, over 6 sold below and more than 4 were sold right at the asked price. In June 2025 in Newport, WA there were 8.1% more homes for sale than in May. In June 2025, listings were on the market for 64 days. During the same period, the median list price in this real estate market was $442,450.

From Rocket Homes Real Estate and based on county public records data.

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