Price Reduction - Water Views - Golf Course - Eco Friendly - Seller Financing
Address
3445, 3447, 3449 Ne 40th Court, Lincoln City, OR
Price
$ 1,435,000
Property Attributes
- MLS#261401
- TypeSingle Family
- Listing Status Active
- CountyLINCOLN
- CityLincoln City
- NeighborhoodLakeside Heights
- Zip97364
- StyleChalet
- Year Built2004
- Taxes$ 13855
- Price$ 1,435,000
- Bedrooms5
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage4303
- Lot Size0.32 Acres
Data Source:
Lincoln County MLS Oregon (LCMLS-O)
Property Description
Hidden Cove Beckons — a rare 5 bedroom lakefront sanctuary where thoughtful universal design meets the timeless beauty of the Oregon Coast. B&B potential where you live there and have 3 rental units all with lakefront decks. Seller financing negotiable. 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.
| Price History | |
|---|---|
| 5/22/2026 | Listed $1,450,000 |
| 9/3/2026 | 2$1,435,000 |
General Features
| Heating | Electric,Natural Gas,Wall Furnace,Other |
|---|---|
| Cooling | None |
| Utilities | Cable Connected,Electricity Connected,Natural Gas Connected,Phone Available,Phone Connected,Separate Meters,Sewer Connected,Water Connected,Underground Utilities |
| Possession | Subject To Tenant Rights |
| Roof | Composition |
| Appliances | Dishwasher,Dryer,Electric Range,Microwave,Washer,Water Heater,Disposal,Down Draft,Gas Cooktop,Refrigerator |
| Zoning | R-M Residential,Multifamily |
| Garage Spaces | 3.0 |
| Patio/Porch Features | Deck |
| Architectural Style | Chalet |
| Security Features | Carbon Monoxide Detector(s),Smoke Detector(s) |
| Year Built | 2004 |
| Electric | 200+ Amp Service |
| Tenant Pays | Cable TV,Electricity,Gas,Internet,Trash Collection |
| View | Lake |
| Property Subtype | Multi Family |
| Tax Year | 2025 |
| OwnerPays | Sewer,Water |
| Community Features | Curbs |
| County | Lincoln |
| Property Type | Residential Income |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | Lakeside Heights |
| Garage Y/N | Yes |
| Other Structures | Gazebo |
| Status | Active |
| 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. |
| City | Lincoln City |
| Senior Community Y/N | No |
| High School District | Lincoln County School District |
| Number Of Units Total | 4 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 13939.2 |
| Carport Y/N | No |
| Number of Units Leased | 4 |
| Land Lease Y/N | No |
| Tax Annual Amount | 13855.41 |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Rent Control Y/N | No |
| Virtual Tour | https://pixies.et/wgtcoTzs |
| Standard Status | Active |
Interior Features
| Interior Amenities | 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,Rol |
|---|---|
| Flooring | Carpet,Laminate,Vinyl |
| Fireplace Features | Blower Fan,Double Sided,Gas,Gas Log |
| Basement (Y/N) | No |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Window Features | Storm Window(s) |
| Fireplace Y/N | Yes |
| Above Grade Finished Area | 1919.0 |
| Total Bedrooms | 5 |
| Below Grade Finished Area | 2384.0 |
| Total Baths | 4 |
Exterior Features
| Parking Features | Driveway,Paved |
|---|---|
| Lot Features | Landscaped,Level,Cul-De-Sac,Garden,Private,Secluded |
| Water Source | Public |
| Total Parking | 6.0 |
| Lot Size Area | 0.32 |
| Foundation Details | Concrete Perimeter |
| Number of Buildings | 1 |
| Spa | No |
| Building Area Total | 4303.0 |
| Lot Size Acres | 0.32 |
| Road Surface Type | Asphalt |
| Number of Separate Water Meters | 1 |
| Number of Separate Gas Meters | 3 |
| Number of Separate Electric Meters | 3 |
| Road Frontage Type | County Road |
| Crops Included Y/N | No |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 97364
Price
Taxes
Year Built
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This content last updated on September 13, 2026 6:44 PM UTC at 4 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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