3445, 3447, 3449 NE 40th Court, Lincoln City, OR 97364 (MLS# 26-1401)


$1,450,000
3445, 3447, 3449 NE 40th Court
Lincoln City, OR 97364
MLS# 26-1401
5 beds  |  4 baths  |  4303 sqft

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lakefront multiplex
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lakefront multiplex lakefront decks view from the lake DSC02357 4 units rented kitchen in 2 bedroom unit double sided gas fireplace jack and Jill 2 bdrm laundry living, dining, kitchen extra deep garage built-ins and en suite, wall to wall carpet lakefront deck access builtins, dbl sided gas fireplace, wide doorways, bathroom attached upper 2 bdrm unit garage access 3445NE40thCtLC-24 3445NE40thCtLC-23 dbl sided gas fireplace, laundry closet kitchen , coat closet / pantry upper 2bdm unit built in desk upper 2 bdrm unit 3445NE40thCtLC-11 3445NE40thCtLC-12 3445NE40thCtLC-5 3445NE40thCtLC-7 3445NE40thCtLC-33 3445NE40thCtLC-31 3445NE40thCtLC-30 3445NE40thCtLC-19 3445NE40thCtLC-20 3445NE40thCtLC-21 3445NE40thCtLC-4 3445NE40thCtLC-3 3445NE40thCtLC-2 suite deck w/ swimspa double sided gas fireplace, lakefront deck access lakefront, ensuite, wall to wall carpet gas cooktop, lakeview 3445NE40thCt-1 3445NE40thCt-2 3445NE40thCt-3 3445NE40thCt-4 3445NE40thCt-5 3445NE40thCt-6 3445NE40thCt-7 3445NE40thCt-8 3445NE40thCt-9 3445NE40thCt-10 3445NE40thCt-11 3445NE40thCt-12 3445NE40thCt-13 3445NE40thCt-14 3445NE40thCt-15 3445NE40thCt-16 3445NE40thCt-17 3445NE40thCt-18 3445NE40thCt-19

Property Description
Hidden Cove Beckons — a rare 5 bedroom lakefront sanctuary where thoughtful universal design meets the timeless beauty of the Oregon Coast. Tucked quietly among blooming waterlilies on the peaceful shores of Devil's Lake, this one-of-a-kind barrier-free property was created for effortless living, comfort, and connection to nature at every stage of life. Designed with accessibility and ease in mind, this universally designed multiplex offers main-level living in every residence, with elevator access to the lower-level units for seamless mobility. Wide doorways, pocket doors, built-ins, deep garages, central vac, and carefully considered spaces create a home that feels both elegant and welcoming — whether for full-time living, multigenerational living, retirement, or a peaceful coastal retreat. A whimsical lily pad-shaped dock invites residents to enjoy the calm waters of Devil's Lake with ease, offering a gentle and accessible connection to kayaking, wildlife watching, fishing, or simply soaking in the serenity of lakeside life. Ducks paddle quietly by while birdsong fills the air from your own private outdoor sanctuary. The lower unit has a swim spa with easy sit-down access offers year-round soaking and exercise surrounded by nature. The property currently generates annual income with three beautifully appointed units plus a bonus studio, presenting an exceptional opportunity for both lifestyle and investment. Potential future uses may include condominiums, bed and breakfast, senior living apartments, an artist retreat, wellness escape, or a family compound. Three lakefront primary suites open to expansive private decks. Quality craftsmanship shines throughout, local cedar shake siding and the home's energy-efficient hillside construction creates remarkably low utility costs. In fact, the owner rarely needed supplemental heat over the past 20 years. On cool evenings, the double-sided fireplaces provide warmth within minutes, while fresh ocean breezes drifting in through screened doors eliminate the need for air conditioning. Set on a generous lot just moments from the beach, this private retreat is located in the quiet enclave of Neotsu on the north end of Devil's Lake, directly across from the Chinook Winds Golf Course and adjacent to tribal trust land. City water and sewer place, a rare advantage in this area as future infrastructure requirements evolve. Tucked away on a secluded cul-de-sac with only two neighboring lakefront homes, the setting offers extraordinary privacy while remaining conveniently close to the hospital, post office, grocery stores, banking, and everyday essentials. Recent updates include sealed driveway, newer water heaters, exterior paint, and roof replacement approximately four years ago. There is truly nothing else like this available on the Oregon Coast — a visionary "outside-the-box" property designed for those seeking beauty, accessibility, peace of mind, and a gentler way of living by the water.

Details
Maps
Documents
Status Change Information
Status Change Timestamp: 2026-05-22
Address
Within City Limits?: Yes
Street Number: 3445, 3447, 3449
Street Direction Prefix: NE
Street Name: 40th
Street Suffix: Court
County: Lincoln
State: OR
Postal Code: 97364
Directions: From US 101 head East on NE Neotsu Drive. Take first Right on NE Johns Ave. Follow around the corner and take first Right on NE 40th Court. Driveway is on the right. No sign. Do not disturb tenants.
Cross Street: NE Johns Avenue
Parcel Number: 50000
Contract
Permissible for Vacation Rental: Yes
Current Price: $1,450,000
Status: Active
Begin Date: 2026-05-22
List Price: $1,450,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax & Legal
CC&R's: No
Association/Community
Senior Community YN: No
Interior
Basement YN: No
Fireplace YN: Yes
Living Area Source: Public Records
Main Floor Living: Yes
Bedrooms Total: 5
Bathrooms Total: 4
Bathrooms Full: 4
Above Grade Finished Area: 1919
Below Grade Finished Area: 2384
Living Area: 4303
Fireplaces Total: 4
Building
Accessibility Features YN: Yes
Year Built: 2004
Stories Total: 2
Lot
Pool Private YN: Yes
View YN: Yes
Water Body Access YN: Yes
Lot Size Acres: 0.32
Lot Size Square Feet: 13939.2
Waterfront YN: 1
Utilities
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Phone Available: 1
Phone Connected: 1
Separate Meters: 1
Sewer Connected: 1
Water Connected: 1
Underground Utilities: 1
Accessibility Features
Accessible Doors: 1
Accessible Elevator Installed: 1
Accessible Entrance: 1
Accessible Hallway(s): 1
Accessible Kitchen Appliances: 1
Accessible Washer/Dryer: 1
Safe Emergency Egress from Home: 1
Appliances
Built-In Electric Oven: 1
Dishwasher: 1
Disposal: 1
Down Draft: 1
Dryer: 1
Electric Range: 1
Gas Cooktop: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Water Heater: 1
Architectural Style
Chalet: 1
Building and Property Details
Exterior Color: brown
Washer/Dryer Type: Electric
Community Features
Curbs: 1
Construction Materials
Cedar: 1
Shake Siding: 1
Cooling
None: 1
Electric
200+ Amp Service: 1
Exterior Features
Boat Dock: 1
Entry Flat: 1
Lighting: 1
Private Yard: 1
Spa/Hot Tub: 1
Fireplace Features
Blower Fan: 1
Double Sided: 1
Gas: 1
Gas Log: 1
Flooring
Carpet: 1
Laminate: 1
Vinyl: 1
Foundation Details
Concrete Perimeter: 1
Heating
Electric: 1
Natural Gas: 1
Wall Furnace: 1
Other: 1
Interior Features
Bidet: 1
Built In Shower Chair: 1
Central Vacuum: 1
Eat-in Kitchen: 1
Elevator: 1
Grab Bars Around Toilet: 1
Grab Bars in Shower or Tub: 1
In-Law Floorplan: 1
Jack & Jill Bathroom(s): 1
Kitchen Island: 1
Open Floorplan: 1
Pantry: 1
Roll In Shower: 1
Spa/Hot Tub: 1
Walk-In Closet(s): 1
Wide Interior Halls and Doors: 1
Laundry Features
Accessible Utilities or Laundry: 1
Common Area: 1
Main Level: 1
Sink: 1
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Cul-De-Sac: 1
Garden: 1
Landscaped: 1
Level: 1
Private: 1
Secluded: 1
Other Structures
Gazebo: 1
Outdoor Living Spaces Features
Deck: 1
Parking Features
Driveway: 1
Paved: 1
Pet Information
Pets Allowed YN: Yes
Possession
Subject To Tenant Rights: 1
Road Frontage Type
County Road: 1
Road Responsibility
Public Maintained Road: 1
Road Surface Type
Asphalt: 1
Roof
Composition: 1
Security Features
Carbon Monoxide Detector(s): 1
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Showing Considerations
Occupied: 1
Special Listing Conditions
Standard: 1
Water Body Type
Lake: 1
Water Heater
Gas: 1
Water Source
Public: 1
Window Features
Storm Window(s): 1
Income and Expenses
Water Expense: 250
Owner Pays
Sewer: 1
Water: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Gas: 1
Internet: 1
Trash Collection: 1
Unit Four
Unit Number: 3449
Occupied: Yes
Beds Total: 2
Baths Total: 1
Living Area: 1250
Furnished: Unfurnished
Walls: Paint
Parking Spaces: 1
Unit Description: lakefront deck, lake access, central vac, garage attached
Unit Four Features
Carpet Flooring: 1
Dishwasher: 1
Disposal: 1
Drapes: 1
Fireplace: 1
Microwave: 1
Range/Oven: 1
Refrigerator: 1
Washer: 1
Unit One
Unit Number: 3445
Occupied: Yes
Beds Total: 1
Baths Total: 1
Living Area: 2100
Furnished: Unfurnished
Walls: Paint
Parking Spaces: 1
Unit Description: lakefront deck, swim spa, lake access, garage, elevator access, central vac, 2 gas fireplaces
Unit One Features
Carpet Flooring: 1
Dishwasher: 1
Disposal: 1
Drapes: 1
Fireplace: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Unit Three
Unit Number: 3447
Occupied: Yes
Beds Total: 1
Baths Total: 1
Living Area: 850
Furnished: Unfurnished
Walls: Paint
Parking Spaces: 1
Unit Description: lakefront deck, lake access, garage, central vac
Unit Three Features
Carpet Flooring: 1
Dishwasher: 1
Disposal: 1
Drapes: 1
Fireplace: 1
Microwave: 1
Range/Oven: 1
Refrigerator: 1
Washer: 1
Unit Two
Unit Number: Studio
Occupied: Yes
Baths Total: 1
Living Area: 500
Furnished: Furnished
Walls: Paint
Parking Spaces: 1
Unit Description: kitchenette and shared laundry room, lake access, elevator access
Unit Two Features
Dishwasher: 1
Drapes: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Additional Tax and Location Information
Highway 101: East Side
Property Tax ID #: R505896
Subdivision Parcel/Lot: lot 5
Tax District: 408
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Call Listing Agent: 1
Documents
Flood Zone: 1
Plat Map: 1
Property Disclosure: 1
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Multi Family
Tax Legal
Subdivision Name: Lakeside Heights
School District: Lincoln County School District
Tax Annual Amount: 13855.41
Tax Year: 2025
Zoning: R-M Residential, Multifamily
Tax Lot: 50000
Tax Map Number: 071102AC
AssociationCommunity
Number Of Buildings: 1
Number of Units: 4
Parking Information
Garage YN: 1
Garage Spaces: 3
Parking Total: 6
Meter Information
Number Of Separate Electric Meters: 3
Number Of Separate Gas Meters: 3
Number Of Separate Water Meters: 1
Unit Details
Number Of Units Leased: 4
Property Features
Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Available; Phone Connected; Separate Meters; Sewer Connected; Water Connected; Underground Utilities; Cable Connected; Electricity Connected; Natural Gas Connected; Phone Available; Phone Connected; Separate Meters; Sewer Connected; Water Connected; Underground Utilities
Accessibility Features: Accessible Doors; Accessible Elevator Installed; Accessible Entrance; Accessible Hallway(s); Accessible Kitchen Appliances; Accessible Washer/Dryer; Safe Emergency Egress from Home
Appliances: Built-In Electric Oven; Dishwasher; Disposal; Down Draft; Dryer; Electric Range; Gas Cooktop; Microwave; Refrigerator; Washer; Water Heater
Architectural Style: Chalet
Community Features: Curbs
Construction Materials: Cedar; Shake Siding
Cooling: None
Electric: 200+ Amp Service
Exterior Features: Boat Dock; Entry Flat; Lighting; Private Yard; Spa/Hot Tub
Fireplace Features: Blower Fan; Double Sided; Gas; Gas Log
Flooring: Carpet; Laminate; Vinyl
Foundation Details: Concrete Perimeter
Heating: Electric; Natural Gas; Wall Furnace; Other
Interior Features: Bidet; Built In Shower Chair; Central Vacuum; Eat-in Kitchen; Elevator; Grab Bars Around Toilet; Grab Bars in Shower or Tub; In-Law Floorplan; Jack & Jill Bathroom(s); Kitchen Island; Open Floorplan; Pantry; Roll In Shower; Spa/Hot Tub; Walk-In Closet(s); Wide Interior Halls and Doors
Laundry Features: Accessible Utilities or Laundry; Common Area; Main Level; Sink
Levels: Two
Listing Terms: Cash; Conventional
Lot Features: Cul-De-Sac; Garden; Landscaped; Level; Private; Secluded
Other Structures: Gazebo
Outdoor Living Spaces Features: Deck
Owner Pays: Sewer; Water
Parking Features: Driveway; Paved
Possession: Subject To Tenant Rights
Road Frontage Type: County Road
Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt
Roof: Composition
Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)
Sewer: Public Sewer
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Gas; Internet; Trash Collection
Unit Four Features: Carpet Flooring; Dishwasher; Disposal; Drapes; Fireplace; Microwave; Range/Oven; Refrigerator; Washer
Unit One Features: Carpet Flooring; Dishwasher; Disposal; Drapes; Fireplace; Microwave; Refrigerator; Washer
Unit Three Features: Carpet Flooring; Dishwasher; Disposal; Drapes; Fireplace; Microwave; Range/Oven; Refrigerator; Washer
Unit Two Features: Dishwasher; Drapes; Microwave; Refrigerator; Washer
Water Body Type: Lake
Water Heater: Gas
Water Source: Public
Window Features: Storm Window(s)
Showing Considerations: Occupied
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent
Documents: Flood Zone; Plat Map; Property Disclosure

Listing Office: Kiwanda Coastal Properties
Source MLS Verified

Office Email: nicoletwigg22@gmail.com

Last Updated: June - 09 - 2026

Information deemed reliable but not guaranteed.