20300 NE HIGHWAY 240, Newberg, OR 97132 | MLS #343299370 | Berkshire Hathaway HomeServices Northwest Real Estate
 
Listing provided courtesy of The Kelly Group Real Estate- MLS# 343299370MLS Provider

20300 NE HIGHWAY 240Newberg, OR 97132

Commercial · 7,338 Sq. ft. | 9.93 Acres
$3,750,000 Active

20300 NE HIGHWAY 240 Overview

Time on Site:
48 days
Visits:
2

Rare opportunity to acquire an 8 bed, 8 ?? 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 & ?? 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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20300 NE HIGHWAY 240 Facts & Features

  • Type Commercial
  • Sq. ft. 7,338
  • Price/Sq.ft. $511
  • Lot 9.93 Acres

Details

General

Income/Expenses

  • Gross Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 2006

Business Information

  • Business Name: The Setting Inn Willamette Val
  • Current Use: Hotel/Motel

Location/Region

  • Country: US
  • County Or Parish: Yamhill
  • MLS Area Major: 156 - Yamhill County including Willamina

Tax Information

  • Tax Annual Amount: 12398.27

General Information

  • Inclusions: Building,Business,Equipment
  • Listing Terms: Cash,Conventional
  • Parcel Number: 69972
  • Property Condition: Existing
  • Property Sub Type: Business Opportunity
  • Property Type: Commercial Sale
  • Zoning: AF10

Interior

Building Interior

  • Building Area Total: 7338.0

General Information

  • Cooling: Central Air
  • Heating: ENERGY STAR Qualified Equipment,Forced Air90,Mini Split
  • Other Equipment: Fixtures,Furniture
  • Stories: 3

Exterior

Parking Information

  • Parking Features: On Site,Paved

Lot Information

  • Lot Size Acres: 9.93
  • Lot Size Square Feet: 432550.0
  • Number Of Buildings: 2
  • Road Surface Type: Paved
  • Water Source: Well

Building Exterior/Construction

  • Construction Materials: Cement Siding
  • Roof: Composition

General Information

  • Sewer: Septic Tank

20300 NE HIGHWAY 240 Neighborhood

Community

97132 (Newberg) Demographics

36
Median Age
475
Population Density (per sq. mile)
46%
College Educated
$80,541
Estimated Median Income
7,217
Estimated Total Home Owners
3,385
Estimated Total Renters
68% / 32%
Estimated Owner / Renter Divide
3
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.

20300 NE HIGHWAY 240 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.

20300 NE HIGHWAY 240 Market Data

Based on the last 30 days in this zip code

$1,050,220
Average List Price
$445
Average Price per Square Foot
42
Properties Sold
113
Average Days on Market
160
Properties for Sale
Calculations provided by Reliance Network

20300 NE HIGHWAY 240 History

Date Event Value Agent
5/13/2026Source: Regional MLS Added to Database
May 13, 2026