1938 NW 40th Street, Lincoln City, OR 97367 (MLS# LC-104629)

$975,000

1938 NW 40th Street
Lincoln City, OR 97367
MLS# LC-104629
4 beds | 6 baths | 2600 sqft

1 / 55

Property Description
New Construction & NO wait list for STR!! Discover coastal living at its finest in this stunning four-bedroom, five-and-a-half-bathroom home that perfectly balances luxury and comfort. With 2,600 square feet of thoughtfully designed space, this property offers an ideal retreat for both relaxation and entertaining. The heart of the home features a gourmet kitchen equipped with premium Thermador appliances, elegant quartz countertops, and a spacious island perfect for morning coffee or evening gatherings. Custom backsplash tile adds personality, while the open layout flows seamlessly into the living room with a sliding glass door out to the ocean view covered porch. 9' ceilings throughout enhance the sense of space, complemented by durable luxury vinyl plank flooring that combines style

Details

Maps

Documents

Status Change Information

Status Change Timestamp: 2025-08-15

Price Change Timestamp: 2026-05-21T15:09:27Z

Contract

Permissible for Vacation Rental: Unknown

Current Price: $975,000

Status: Active

Begin Date: 2025-08-15

List Price: $975,000

Listing Agreement: Exclusive Right To Sell

Listing Service: Full Service

Tax & Legal

CC&R's: Yes

Association/Community

Senior Community YN: No

Interior

Basement YN: No

Fireplace YN: Yes

Living Area Source: Owner

Main Floor Living: Yes

Bedrooms Total: 4

Bathrooms Total: 6

Bathrooms Full: 5

Bathrooms Half: 1

Above Grade Finished Area: 2600

Living Area: 2600

Fireplaces Total: 1

Building

Year Built Details: Permit issued -2023

Accessibility Features YN: No

New Construction YN: 1

Year Built: 2025

Stories Total: 2

Lot

View YN: Yes

Water Body Access YN: No

Lot Size Acres: 0.21

Lot Size Square Feet: 9147.6

Utilities

Electricity Connected: 1

Natural Gas Connected: 1

Water Available: 1

Remarks

Lincoln Public Historical Details: Association Fee Includes: Reserves, Frontage/View Remarks: Ocean view will be expanded once tree limbs are removed to open up the view., Sq Ft Remarks: Est. Per builder, Specially Assessed: No

Appliances

Dishwasher: 1

Gas Oven: 1

Gas Range: 1

Microwave: 1

Refrigerator: 1

Water Heater: 1

Architectural Style

Craftsman: 1

CC&R's

Conditions: 1

Covenants: 1

Construction Materials

Concrete: 1

Cooling

Central Air: 1

Fireplace Features

Gas: 1

Flooring

Carpet: 1

Tile: 1

Vinyl: 1

Foundation Details

Concrete Perimeter: 1

Heating

Natural Gas: 1

Forced Air: 1

Interior Features

Vaulted Ceiling(s): 1

Levels

Two: 1

Listing Terms

1031 Exchange: 1

Cash: 1

Conventional: 1

Lock Box Type

LCBR Lock Box: 1

Lot Features

Irregular Lot: 1

Other Structures

None: 1

Outdoor Living Spaces Features

Covered Patio: 1

Covered Porch: 1

Parking Features

Attached Garage: 1

Possession

Close Of Escrow: 1

Road Surface Type

Gravel: 1

Paved: 1

Roof

Composition: 1

Sewer

Public Sewer: 1

Special Listing Conditions

Trust: 1

Water Heater

Tankless: 1

Water Source

Public: 1

Additional Tax and Location Information

Additional Subdivision Info: The Sands

Highway 101: West Side

Neighborhood Code: L212

Property Tax ID #: R325302

Subdivision Phase/Addition: 1

Tax District: 438

Tax Remarks: Taxes are for the undivided vacant land. Once complete taxes will be assessed on land and home.

Showing Requirements

Lockbox: 1

Room Types

Bathroom: 1

Bathroom Level: Upper

Bedroom 2: 1

Bedroom 2 Level: Upper

Bedroom 3: 1

Bedroom 3 Level: Upper

Bedroom 4: 1

Bedroom 4 Level: Upper

Bonus Room: 1

Bonus Room Level: Upper

Dining Room: 1

Dining Room Level: Main

Family Room: 1

Family Room Level: Upper

Half Bathroom: 1

Half Bathroom Level: First

Kitchen: 1

Kitchen Level: Main

Living Room: 1

Living Room Level: Main

Primary Bedroom: 1

Primary Bedroom Level: Main

Utility Room: 1

Utility Room Level: Main

Historical Details

Historical MLS Number: 25-1854

Listing Information

Listing Association Name: Lincoln County BOR

Property Sub Type: Single Family Residence

Address

Street Number: 1938

Street Direction Prefix: NW

Street Name: 40th

Street Suffix: Street

County: Lincoln

State: OR

Postal Code: 97367

Directions: From Hwy 101 turn west on NW 40th. Entrance to The Sands subdivision will be on the right.

Parcel Number: 071103A-2400-00

Tax Legal

Subdivision Name: N/A

Tax Annual Amount: 2283.33

Tax Year: 2024

Additional Parcels Description: Re-plat prior to or at closing.

Zoning: RC - Recreational Commercial

Tax Lot: 2400

Tax Map Number: 071103A

Parking Information

Garage YN: 1

Garage Spaces: 1

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Water Available; Electricity Connected; Natural Gas Connected; Water Available

Appliances: Dishwasher; Gas Oven; Gas Range; Microwave; Refrigerator; Water Heater

Architectural Style: Craftsman

Construction Materials: Concrete

Cooling: Central Air

Fireplace Features: Gas

Flooring: Carpet; Tile; Vinyl

Foundation Details: Concrete Perimeter

Heating: Natural Gas; Forced Air

Interior Features: Vaulted Ceiling(s)

Levels: Two

Listing Terms: 1031 Exchange; Cash; Conventional

Lock Box Type: LCBR Lock Box

Lot Features: Irregular Lot

Other Structures: None

Outdoor Living Spaces Features: Covered Patio; Covered Porch

Parking Features: Attached Garage

Possession: Close Of Escrow

Road Surface Type: Gravel; Paved

Roof: Composition

Sewer: Public Sewer

Special Listing Conditions: Trust

Water Heater: Tankless

Water Source: Public

Showing Requirements: Lockbox

Room Types: Bathroom; Bedroom 2; Bedroom 3; Bedroom 4; Bonus Room; Dining Room; Family Room; Half Bathroom; Kitchen; Living Room; Primary Bedroom; Utility Room

Supplements

with practicality. The home maintain comfort year-round with central air conditioning, while the gas fireplace provides a cozy ambiance during cooler evenings. Step outside to covered porches that extend your living space or enjoy the ocean view balcony where you can savor the beautiful Pacific Ocean evening sunsets. The elevated perspective offers breathtaking coastal vistas that never grow old. This property presents an exceptional investment opportunity as a nightly vacation rental with no waiting list, offering immediate income potential. The home's prime location puts you steps from Safeway for convenient shopping, close to Chinook Winds Casino, and easy beach access for miles of sandy walk or exploring in the Tide pools. Whether you're seeking a primary residence, vacation getaway, or investment property, this coastal gem delivers on all fronts with its blend of luxury amenities, practical features, and unbeatable location near Oregon's beautiful coastline.

Room Information

Room Name	Level	Remarks
Living Room	Main
Kitchen	Main
Dining Room	Main
Primary Bedroom	Main
Bathroom	Main
Bathroom	Upper
Bathroom	Upper
Bathroom	Upper
Utility Room	Main
Bedroom 2	Upper
Bedroom 3	Upper
Bedroom 4	Upper
Family Room	Upper
Bonus Room	Upper	Open Bunk Room

Listing Office: Realty One Group At the Beach,

Office Email: ty@rogwv.com

Last Updated: June - 14 - 2026

Information deemed reliable but not guaranteed.