$745,000
Lincoln City, OR 97367
MLS# LC-99075
Status: Closed
4 beds | 4 baths | 2108 sqft
1 / 54
Property Description
A great investment opportunity to own an excellent fully featured duplex on a large view lot in the beautiful Lincoln Palisades subdivision. Rent one unit, live in the other or utilize both for private extended family living. The beach, lake, hiking trails, golf course, casino and restaurants are nearby. This duplex has many custom features including a cedar redwood mantel made from a 500 year old slab and one unit even has an ensuite bath with Sauna! Each unit has its own fully enclosed sunroom to capture the forested mountain views, a gas fireplace, luxury vinyl plank flooring, a tankless water heater, A/C, individually metered utilities, attached 1 car garages, ramped entry and covered patios. The backyard is fully fenced & has a Gazebo, fire pit, hot tub ready pad with wiring & shed.
Details
Maps
Documents
Status Change Information
Status Change Timestamp: 2023-12-14
Price Change Timestamp: 2023-08-24T22:32:13Z
Purchase Contract Date: 2023-11-17
Close Date: 2023-12-14
Close Price: 745000
Contract
Permissible for Vacation Rental: No
Current Price: $745,000
Status: Closed
Begin Date: 2023-06-24
Sold Price: $745,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax & Legal
CC&R's: Yes
Interior
Basement YN: No
Fireplace YN: Yes
Main Floor Living: Yes
Bedrooms Total: 4
Bathrooms Total: 4
Living Area: 2108
Lot
Lot Size Dimensions: Irregular
View YN: Yes
Lot Size Acres: 0.34
Lot Size Square Feet: 14810.4
Utilities
Electricity Connected: 1
Natural Gas Connected: 1
Water Available: 1
Remarks
Lincoln Public Historical Details: Frontage/View Remarks: Excellent Forest and Coastal Mountain Views, Specially Assessed: No, Sq Ft Remarks: Total w/o sunrooms, Exclusions: See List
Appliances
Dishwasher: 1
Dryer: 1
Gas Oven: 1
Gas Range: 1
Refrigerator: 1
Washer: 1
Water Heater: 1
Architectural Style
Traditional: 1
Building and Property Details
Exterior Color: Green & Brown
Washer/Dryer Type: Electric
Construction Materials
Concrete: 1
Cooling
Central Air: 1
Exterior Features
Ramped Access: 1
Fireplace Features
Gas: 1
Flooring
Vinyl: 1
Foundation Details
Concrete Perimeter: 1
Heating
Natural Gas: 1
Forced Air: 1
Levels
One: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Lock Box Information
Lock Box Location: Front Door of 5371
Lock Box Type
LCBR Lock Box: 1
Other Structures
Shed(s): 1
Outdoor Living Spaces Features
Covered Patio: 1
Parking Features
Attached Garage: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Sewer
Public Sewer: 1
Showing Considerations
Occupied: 1
Water Heater
Tankless: 1
Water Source
Public: 1
Window Features
Window Treatments: 1
Unit One
Unit Number: 5371
Beds Total: 2
Baths Total: 2
Living Area: 1164
Furnished: Unfurnished
Unit Description: Parking: Garage
Unit Two
Unit Number: 5373
Beds Total: 2
Baths Total: 2
Living Area: 1164
Furnished: Unfurnished
Unit Description: Parking: Garage
Additional Tax and Location Information
Highway 101: West Side
Neighborhood Code: LANM
Property Tax ID #: R522625
Subdivision Block: N/A
Subdivision Parcel/Lot: 89
Subdivision Phase/Addition: 2
Tax District: 407
Showing Requirements
Appointment Only: 1
Lockbox: 1
Historical Details
Historical MLS Number: 23-1236
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Multi Family
Address
Street Number: 5371/5373
Street Direction Prefix: NE
Street Name: Wave
Street Suffix: Lane
County: Lincoln
State: OR
Postal Code: 97367
Directions: Voyage Ave. to NE 55th Pl, right on NE Wave Ln to duplex on the right.
Parcel Number: 061135CD-4400-00
Tax Legal
Subdivision Name: Lincoln Palisades
Tax Annual Amount: 6345.92
Tax Year: 2022
Zoning: R1-7.5
Tax Lot: 4400
Tax Map Number: 061135CD
AssociationCommunity
Number of Units: 2
Parking Information
Garage YN: 1
Garage Spaces: 2
Parking Total: 6
Building
Year Built: 2016
Property Features
Utilities: Electricity Connected; Natural Gas Connected; Water Available; Electricity Connected; Natural Gas Connected; Water Available
Appliances: Dishwasher; Dryer; Gas Oven; Gas Range; Refrigerator; Washer; Water Heater
Architectural Style: Traditional
Construction Materials: Concrete
Cooling: Central Air
Exterior Features: Ramped Access
Fireplace Features: Gas
Flooring: Vinyl
Foundation Details: Concrete Perimeter
Heating: Natural Gas; Forced Air
Levels: One
Listing Terms: 1031 Exchange; Cash; Conventional
Lock Box Type: LCBR Lock Box
Other Structures: Shed(s)
Outdoor Living Spaces Features: Covered Patio
Parking Features: Attached Garage
Road Surface Type: Paved
Roof: Composition
Sewer: Public Sewer
Water Heater: Tankless
Water Source: Public
Window Features: Window Treatments
Showing Considerations: Occupied
Showing Requirements: Appointment Only; Lockbox
Exclusion List Listing Office: Lincoln City Realty, LLC
Office Email: linda@lincolncityrealty.net
Last Updated: December - 13 - 2025
Information deemed reliable but not guaranteed.
Broker Attribution:
linda@lincolncityrealty.net