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20300 NE Highway 240, Newberg, OR 97132

$3,750,000
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Property Description

Rare opportunity to acquire an 8 bed, 8 1/2 bath turnkey country B&B on 9.93 lush acres at the base of the Dundee Hills, nestled in the heart of Oregon's Willamette Valley wine country & central to Metro Portland & the Oregon coast. The Inn itself is a destination location w/exquisite coastal, Mt Hood, Jefferson, & Chehalem Mountain views, surrounded by farms, quaint towns & the valleys best vineyards, wineries, tasting rooms, breweries & distilleries. Lakes, rivers, parks, golf courses, tree parks, hiking & bike trails abound for the outdoor experiential traveler. Spas, restaurants, shopping, museums & abundant day trips await guests or tempt them w/peace & serenity as they relax at the Inn, oozing bucolic charm w/elegantly appointed suites, new tiled baths & views out every window. Amenities include grand open communal rooms, wood burning fireplace, balconies decks & patios, 2000 sq ft recreation/media room & well-appointed meeting space w/barn doors & exposed ceiling, wood paneling & 1/2 bath. Retractable glass doors from both spaces open to central courtyard. A separate & luxurious wine tasting room w/wine bar & 294 bottle wine cellar, dedicated exercise room, cozy outdoor sitting areas w/water features, fire pits & pergolas, bocci ball court, gardens & grape vines complete the outdoor guest space. Locals & Worldwide travelers alike have made this Inn a staple for agritourism, ecotourism, adventure, wildlife, and rural tourism as well as business & personal retreats, special events & romantic getaways. Over $550K in upgrades & remodeling. Well-appointed granite kitchen w/stainless appliances, eating area w/ bay window & slider to deck, gas cook island, huge pantry & two laundry areas. Property wide wireless internet. Plentiful parking w/electric vehicle station, owned solar panels for supplemental power, garage w/lift door, 6 rows of vines & caretakers suite. Price includes all FF&E & OS&E w/established clientele data base. Multiple income opportunities await!

20300 NE Highway 240 | MLS# 343299370

This commercial property located at 20300 NE Highway 240, Newberg, OR 97132 is currently listed for sale with an asking price of $3,750,000. Search Newberg real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Commercial - Investment
Cooling: Central Air
Fuel Type: Gas, Solar Supplemental
Heating: ENERGY STAR Qualified Equipment, Forced Air90, Min
Lot Size: 9.93 Acres
Roof Type: Composition
Stories: 3.0
Taxes: $12,398
Year Built: 2006
Square Feet: 7,338

Feature Descriptions

Business Name: The Setting Inn Willamette Val
Days on Site: 19
Miscellaneous Features: AccessibleEntrance, AccessibleHallway, NaturalLighting, RecreationFacilities
Parking Notes: OnSite, Paved
Present Use: HotelMotel
Road Surface: Paved
Sewer: Septic Tank
Special View Info: Mountain, Territorial, Vineyard
Water: Well

Listed By / Shown By

Listed By

Agency Name: The Kelly Group Real Estate
Agency Phone: 503-538-4531

Shown By

Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

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