$1,450,000
Lincoln City, OR 97364
MLS# 26-1428
5 beds | 4 baths | 4303 sqft
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Property Description
Rare, 5 bedroom, universally designed, lakefront, income property embracing the timeless beauty of the Oregon Coast. Tucked quietly among blooming waterlilies on the peaceful Northern shores of Devil's Lake, this was created for effortless living, comfort, & connection to nature at every stage of life. Designed w/ accessibility & ease in mind, this offers main-level living in every residence, w/ elevator access to the lower-level units for seamless mobility. Wide doorways, pocket doors, built-ins, deep garages, & central vac create a home that feels both elegant & welcoming — whether for full-time living, multigenerational living, retirement, or a peaceful coastal retreat. A whimsical deck invites residents to enjoy the calm waters of Devil's Lake w/ ease, offering a gentle & 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 w/ easy sit-down access to year-round soaking & exercise surrounded by nature. The property currently generates annual income w/ 3 beautifully appointed units plus a bonus studio, presenting an exceptional opportunity for both lifestyle & investment. Potential future uses may include condominiums, bed & 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, hospital, post office, grocery stores, & banking.
Details
Maps
Status Change Information
Status Change Timestamp: 2026-05-25
Address
Within City Limits?: Yes
Street Number: 3445
Street Direction Prefix: NE
Street Name: 40th
Street Suffix: Court
County: Lincoln
State: OR
Postal Code: 97364
Directions: From Hwy 101 head East on NE Neotsu Dr. 1st R on NE Johns Ave. Follow around the corner and take R on NE 40th Ct. No sign. Do not disturb tenants.
Cross Street: NE Johns
Parcel Number: 00-50000
Contract
Permissible for Vacation Rental: Unknown
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 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 Full Bath: 1
Accessible Hallway(s): 1
Accessible Kitchen Appliances: 1
Accessible Washer/Dryer: 1
Appliances
Dishwasher: 1
Disposal: 1
Down Draft: 1
Dryer: 1
Electric Cooktop: 1
Electric Oven: 1
Electric Range: 1
Gas Cooktop: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Washer/Dryer Stacked: 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
Spa/Hot Tub: 1
Fireplace Features
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
Breakfast Bar: 1
Built In Shower Chair: 1
Central Vacuum: 1
Elevator: 1
Entrance Foyer: 1
Grab Bars Around Toilet: 1
Grab Bars in Shower or Tub: 1
Hand-held Shower Head: 1
In-Law Floorplan: 1
Jack & Jill Bathroom(s): 1
Kitchen Island: 1
No Interior Steps: 1
Open Floorplan: 1
Pantry: 1
Spa/Hot Tub: 1
Walk-In Closet(s): 1
Laundry Features
Accessible Utilities or Laundry: 1
Common Area: 1
Laundry Closet: 1
Main Level: 1
Sink: 1
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Corner Lot: 1
Cul-De-Sac: 1
Garden: 1
Landscaped: 1
Other Structures
Gazebo: 1
Outdoor Living Spaces Features
Covered Deck: 1
Deck: 1
Parking Features
Additional Parking: 1
Driveway: 1
On Street: 1
Pet Information
Pet Friendly: Yes
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
Paved: 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
Blinds: 1
Drapes: 1
Storm Window(s): 1
Tinted Windows: 1
Additional Tax and Location Information
Highway 101: East Side
Property Tax ID #: R505896
Subdivision Parcel/Lot: 5
Tax District: 408
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Call Listing Agent: 1
Room Types
Bedroom 2: 1
Bedroom 2 Level: Main
Bedroom 3: 1
Bedroom 3 Level: Main
Bedroom 4: 1
Bedroom 4 Level: Lower
Dining Room: 1
Dining Room Level: Lower
Kitchen: 1
Kitchen Level: Lower
Laundry: 1
Laundry Level: Lower
Living Room: 1
Living Room Level: Lower
Primary Bathroom: 1
Primary Bathroom Level: Main
Primary Bedroom: 1
Primary Bedroom Level: Main
Studio: 1
Studio Level: Lower
Documents
Disclosures: 1
Plat Map: 1
Property Disclosure: 1
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Single Family Residence
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
Parking Information
Garage YN: 1
Garage Spaces: 3
Property Features
Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected; Separate Meters; Sewer Connected; Water Connected; Underground Utilities; Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected; Separate Meters; Sewer Connected; Water Connected; Underground Utilities
Accessibility Features: Accessible Doors; Accessible Elevator Installed; Accessible Entrance; Accessible Full Bath; Accessible Hallway(s); Accessible Kitchen Appliances; Accessible Washer/Dryer
Appliances: Dishwasher; Disposal; Down Draft; Dryer; Electric Cooktop; Electric Oven; Electric Range; Gas Cooktop; Microwave; Refrigerator; Washer; Washer/Dryer Stacked; Water Heater
Architectural Style: Chalet
Community Features: Curbs
Construction Materials: Cedar; Shake Siding
Cooling: None
Electric: 200+ Amp Service
Exterior Features: Spa/Hot Tub
Fireplace Features: Gas; Gas Log
Flooring: Carpet; Laminate; Vinyl
Foundation Details: Concrete Perimeter
Heating: Electric; Natural Gas; Wall Furnace; Other
Interior Features: Bidet; Breakfast Bar; Built In Shower Chair; Central Vacuum; Elevator; Entrance Foyer; Grab Bars Around Toilet; Grab Bars in Shower or Tub; Hand-held Shower Head; In-Law Floorplan; Jack & Jill Bathroom(s); Kitchen Island; No Interior Steps; Open Floorplan; Pantry; Spa/Hot Tub; Walk-In Closet(s)
Laundry Features: Accessible Utilities or Laundry; Common Area; Laundry Closet; Main Level; Sink
Levels: Two
Listing Terms: Cash; Conventional
Lot Features: Corner Lot; Cul-De-Sac; Garden; Landscaped
Other Structures: Gazebo
Outdoor Living Spaces Features: Covered Deck; Deck
Parking Features: Additional Parking; Driveway; On Street
Possession: Subject To Tenant Rights
Road Frontage Type: County Road
Road Responsibility: Public Maintained Road
Road Surface Type: Paved
Roof: Composition
Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)
Sewer: Public Sewer
Showing Considerations: Occupied
Special Listing Conditions: Standard
Water Body Type: Lake
Water Heater: Gas
Water Source: Public
Window Features: Blinds; Drapes; Storm Window(s); Tinted Windows
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent
Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Dining Room; Kitchen; Laundry; Living Room; Primary Bathroom; Primary Bedroom; Studio
Documents: Disclosures; Plat Map; Property Disclosure
Room Information
| Room Name | Level | Remarks |
| Bedroom 3 | Main | lakefront, gas fireplace, deck access, jack & jill bathroom |
| Bedroom 2 | Main | built-in desk, jack & jill bathroom |
| Primary Bedroom | Main | lakefront, deck access, gas fireplace |
| Primary Bathroom | Main | |
| Kitchen | Main | universal design |
| Kitchen | Main | universal design |
| Living Room | Main | lakefront, gas fireplace, deck access |
| Living Room | Main | lakefront, gas fireplace, deck access |
| Laundry | Main | closet |
| Laundry | Main | closet |
| Bedroom 4 | Lower | en suite, gas fireplace, lakefront deck access |
| Studio | Lower | elevator, furnished |
| Laundry | Lower | shared |
| Living Room | Lower | gas fireplace with lakefront deck access |
| Dining Room | Lower | lakeview & access |
| Kitchen | Lower | breakfast bar |
Listing Office: Kiwanda Coastal Properties
Office Email: nicoletwigg22@gmail.com
Last Updated: June - 09 - 2026
Information deemed reliable but not guaranteed.