20300 NE HIGHWAY 240
Newberg, OR, 97132 $ 3,750,000
Bedrooms-- Baths-- Sq 7,338 Monthly Estimate*
$ 23,089
for $3,750,000. This 7,338 square foot building was built in 2006 on a lot size of 9.93.
Rare opportunity to acquire an 8 bed, 8 ½ 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 & ½ 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!
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FeaturesGeneralSewer SepticTank
Heating ENERGYSTARQualifiedEquipment ForcedAir90 MiniSplit
Cooling CentralAir
Roof Composition
Zoning AF10
Construction Materials CementSiding
Year Built 2006
Sale Includes Building Business Equipment
Stories Count 3
Property Subtype BusinessOpportunity
Current Use HotelMotel
Parcel Number 69972
Gross Income 0
Business Name The Setting Inn Willamette Val
County Yamhill
Operating Expense 0
Property Type CommercialSale
HOA N
Status Active
Directions Hwy 240 from Newberg; just beyond Stone Rd on Left; gated entry appointment only no sign
City Newberg
MLS Area _156
Lot Size Square Feet 432550.0
Listing Terms Cash Conventional
Tax Annual Amount 12398.27
Property Condition Existing
Virtual Tour https://my.matterport.com/show/?m=aGRoLNmcdv8&brand=0
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description W 1/2 OF LOTS 6 & 7 & PT LOT 8 IN BIRREL 10 ACRE TRACTS
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ExteriorParking Features OnSite Paved
Water Source Well
Number of Buildings 2
Building Area Total 7338.0
Lot Size Acres 9.93
Road Surface Type Paved
Other Equipment Fixtures Furniture
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* Excluded FeaturesList ByThe Kelly Group Real EstateBroker
listings@thekellygroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $23,089
- Monthly Property Taxes
- $1,033
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Newberg, OR
Average List Price $2,430,000
Percent of Sale Price 35%
About Newberg, OR 23,909 Population
33% Since 2002
$ 55,046 Median Income
34.71 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/13/2026 | $3,750,000 | | Listed Price |