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Listing provided courtesy of Martek Real Estate- MLS# 26-1140MLS ProviderSource MLS Verified

587 NW Terrace StreetWaldport, OR 97394

Single Family · 4 Beds · 3 Full Baths · 3,067 Sq. ft. | 1.81 Acres
$924,900 Accepting Backup Offers

587 NW Terrace Street Overview

Time on Site:
59 days
Visits:
10

Are you looking for privacy, open space and want to be close to the beach? This is it! This beautiful Lindal Cedar Home with main-floor living was thoughtfully designed and built in 2008 for the current owners (first time on the market). The 1.81-acre lot has plenty of trees for privacy and room to roam. The home offers 4 bedrooms, 3 full bathrooms, large open-concept kitchen/living room, game room (pool table and shuffle board are included) along with a large deck for entertaining. Extra-large garage built in 2014 includes RV bay. The greenhouse is a great place to keep the flowers blooming and the veggies growing. Other features include a whole-house surge protector, skylights for added daylight, smart thermostat, newer forced-air furnace with air conditioning unit. New water heater in 2021. Exterior was re-stained in 2022. This home is NOT located within the Oceanview Terrace subdivision, so there are no CC&R's and no HOA. National forest to the east and OSU land to the south protect your forest views. Don't miss your opportunity to own this beautiful, one-of-a-kind home!

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587 NW Terrace Street Facts & Features

  • Type Single Family
  • Sq. ft. 3,067
  • Price/Sq.ft. $302
  • Lot 1.81 Acres

Details

General

Association/HOA

  • Association: false

Building Information

  • New Construction: false
  • Year Built: 2008
  • Year Built Details: Garage was built in 2014

Location/Region

  • County Or Parish: Lincoln
  • Subdivision Name: N/A

Rent/Lease Information

  • Lease Considered: false

Tax Information

  • Tax Annual Amount: 5433.32
  • Tax Year: 2025

General Information

  • Furnished: Partially
  • Listing Terms: Cash,Conventional
  • Parcel Number: 131107B-2301-00
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: false
  • Special Listing Conditions: Standard
  • Zoning: R-1 Residential, Single Family

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: true

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 4

Building Interior

  • Above Grade Finished Area: 3067.0
  • Building Area Total: 3067.0

General Information

  • Appliances: Convection Oven,Dryer,Disposal,Dishwasher,Electric Cooktop,Microwave,Refrigerator,Trash Compactor,Washer,Water Heater,Built-In Electric Oven
  • Basement: false
  • Fireplace Features: Blower Fan,Electric,Wood Burning,Wood Burning Stove
  • Fireplace: true
  • Fireplaces Total: 3
  • Flooring: Carpet,Laminate,Other,Vinyl
  • Foundation Details: Block,Concrete Perimeter
  • Interior Features: Central Vacuum,Kitchen Island,Open Floorplan,Pantry,Smart Thermostat,Storage,Walk-In Closet(s),Wide Interior Halls and Doors,Beamed Ceilings,Grab Bars in Shower or Tub,Vaulted Ceiling(s),Jetted Tub,Ceiling Fan(s),Track Lighting
  • Laundry Features: Sink
  • Levels: Two
  • Living Area Source: Assessor
  • Rooms Total: 12
  • Stories Total: 2
  • Window Features: Double Pane Windows,Skylight(s),Blinds

Exterior

Parking Information

  • Parking Features: Additional Parking,Detached Garage,Garage Door Opener,RV Access/Parking,Workshop in Garage

Lot Information

  • Lot Features: Garden,Landscaped,Private,Secluded,Wooded
  • Lot Size Acres: 1.81
  • Lot Size Area: 1.81
  • Lot Size Square Feet: 78843.6
  • Lot Size Units: Acres
  • Road Surface Type: Asphalt
  • Water Source: Public

Waterfront/View

  • Waterfront: false

Building Exterior/Construction

  • Architectural Style: Contemporary
  • Attached Garage: false
  • Construction Materials: Cedar
  • Patio And Porch Features: Deck,Covered Porch
  • Roof: Composition

General Information

  • Carport: false
  • Exterior Features: Basketball Court,Garden,Private Yard,Storage
  • Fencing: Wood
  • Other Structures: Greenhouse
  • Road Frontage Type: Private Road
  • Sewer: Septic Tank
  • Utilities: Cable Available,Electricity Connected,Water Connected,Phone Available

Room Information

Room: Bathroom

  • Level: Main

Room: Bedroom 2

  • Level: Main

Room: Bedroom 3

  • Level: Main

Room: Dining/Living Room Combo

  • Level: Main

Room: Kitchen

  • Level: Main

Room: Living Room

  • Level: Main

Room: Primary Bathroom

  • Level: Main

Room: Primary Bedroom

  • Level: Main

Room: Bathroom

  • Level: Upper

Room: Bedroom 4

  • Level: Upper

Room: Bonus Room

  • Level: Upper

Room: Game Room

  • Level: Upper

587 NW Terrace Street Neighborhood

Community

97394 (WALDPORT) Demographics

57
Median Age
80
Population Density (per sq. mile)
29%
College Educated
$49,559
Estimated Median Income
1,846
Estimated Total Home Owners
577
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

587 NW Terrace Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

587 NW Terrace Street Market Data

Based on the last 30 days in this zip code

$581,915
Average List Price
$310
Average Price per Square Foot
12
Properties Sold
94
Average Days on Market
147
Properties for Sale
Calculations provided by Reliance Network

587 NW Terrace Street History

Date Event Value Agent
6/26/2026Source: Tillamook MLS Status Change
Accepting Backup Offers
6/11/2026Source: Tillamook MLS Price Reduction
$924,900 -2.6%
5/1/2026Source: Tillamook MLS Added to Database
May 01, 2026