538 Terrace Road

Newport MN 55055

2494 sq. ft.

0.2 ac.

Single-Family

Last sold for $545,000

Ava Lee, last sold this property on 09 October 2026 after 162 days on market.

Overview

Welcome to the Aspen- at our newest neighborhood, Cherrywood, located just steps from Woodbury and perched high above the valley on a spectacular bluff! This stunning villa -style home is association maintained and features a main floor owner's suite with ceramic tiled oversized shower and stunning floor plan and includes the much-desired sunroom and a huge, oversized patio. Let’s talk about the kitchen! With a beautiful suite of stainless-steel energy star appliances, a gas slide in range and French door refrigerator you will appreciate the ease and openness of the space. Note our beautiful cabinetry- nothing cheap here- these are birch wood cabinets with dove tail joinery. Check out the big island with quartz countertops and a corner pantry- there is plenty of storage here! Upstairs you will find even more: a light and bright secondary living area: the loft! This makes a great entertainment area: a workout room, office, crafts studio, or movie room- the possibilities are endless. This bonus floor has more extra storage in a full-length closet and has the getaway creative space that the usual patio homes are just missing! You will say "ahh". This home has it all: timeless finishes chosen by our award-winning decorators, and a unique setting where you can see sunsets for days and watch the eagles soar. Move right in and relax. Enjoy being nestled in nature, yet close to freeway access! Desirable East Ridge School District as well! Need financing? With our affiliated lender we are offering below market interest rates. Conventional 4.875% (5.638) APR or FHA/VA 4.875%/5.639% APR if closing by September 29th with sellers preferred lender. Call for further details.

Features

2 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

2494 sq. ft. floor area

0.2 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Newport over the last 12 months, the estimated median property value of 538 Terrace Road is $343k.

Median value

$343k

Estimated value range

$255.25k - $626.79k

Median days on market

Estimated value trend

11%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Newport. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 538 Terrace Road

2026

Sold

$545,000

09 Oct 2026 by Ava Lee, of M/I HOMES

Happy sellers in Newport

We have insufficient information to provide an overview of customer satisfaction for Newport. Viewing the agent profiles, reviews and sales for Newport can provide insights for this location.