542 Terrace Road

Newport MN 55055

1877 sq. ft.

6363 sq. ft.

Single-Family

Last sold for $503,500

Ava Lee, last sold this property on 23 October 2026 after 172 days on market.

Overview

FHA 5.25/5.891% APR if closing by December 23rd with sellers preferred lender. Call for further details. One Level Living in Cherrywood- The Cedarwood!! located in the newest neighborhood High on a bluff, just steps from Woodbury and within the award winning East Ridge High School area. This architect designed, thoughtfully laid-out one-level plan offers 2 bedrooms, 2. bathrooms a light filled den and sunroom, and a layout that just flows! At the heart of the home, you’ll find a spacious kitchen with a large center island that opens effortlessly to the dining room and expansive family room—ideal for hosting gatherings or relaxing at home. Just off the dining area, a bright and airy morning room with overlooks the back patio, offering the perfect spot for morning coffee or quiet evenings. The owner’s suite is tucked in the back of the home and features a generous walk-in closet and a spa-like en-suite bathroom with dual sinks and a tiled shower. A second bedroom and full bath are located at the front of the home, along with a versatile den that can be used as a home office, reading nook, or additional guest space. Additional conveniences include a laundry room just steps from the owner’s suite, and a 2-car garage with extra space. Need storage? An extra bonus is the attic storage room- accessed by a true staircase, (not a pull down ladder) Here is where you store the off season items, your sports and hunting gear, holiday items- and more. enjoy the quiet community of Cherrywood perched high on a bluff with beautiful sunsets - the not-too big neighborhood close to all the amenties, Eastridge High School.

Features

2 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

1877 sq. ft. floor area

6363 sq. ft. 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 542 Terrace Road is $524.25k.

Median value

$524.25k

Estimated value range

$255.25k - $626.79k

Median days on market

Estimated value trend

77%

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 542 Terrace Road

2026

Sold

$503,500

23 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.