This expansive five-bedroom residence occupies a premier corner lot in a highly sought-after Newberg neighborhood, situated just steps from George Fox University. Offering 2,438 square feet of versatile living space, the classic split-entry floor plan features multiple living areas, dual fireplaces, and flexible rooms ideal for a professional home office, guest quarters, or specialized hobbies. The well-appointed kitchen and dining area transition seamlessly to a substantial deck overlooking a private, fully fenced secure backyard, which includes two storage sheds, additional storage on lower-level back porch and ample space for outdoor recreation & gardening. The lower level encompasses a generous family room, additional bedrooms, and a large utility room with integrated storage solutions. The property also features an attached two-car garage with supplemental parking for a boat or trailer. Ideally positioned near top-tier schools, the Newberg Aquatic Center, downtown amenities, and several parks. This residence offers significant potential for modernization in a prestigious, established community. This is an exceptional opportunity for those seeking a high-potential property in a desirable location.