#202516060, Thomas Delaney, Listing office: Keller Williams Spokane - Main
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
(Pending-Inspection)
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
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property 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.
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.
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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.