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    4006-4040 W Devils Lake Rd Lincoln City, OR 97367

    Sponsored
    For Sale
    $1,170,000

    COMMERCIAL - Lincoln City, OR

    Property size:
    2,665 SF
    Lot size:
    0.45 Acres
    Days on Market:
    24
    Last Refresh:
    Jan 8 at 4:06 pm

    Property Features for 4006-4040 W Devils Lake Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RC - Recreational Commerc
    Rooms
    Bathroom 2, Bathroom 1
    Bathrooms
    2
    APN
    071102BD-2900-00
    Appliances
    Dishwasher, Water Heater
    Size
    2,665 SF
    Lot size
    0.45 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Water source
    Public
    Water front
    1

    Building Details

    Year built
    1932
    Floors in Building
    2
    Flooring type
    Vinyl, Carpet
    Building materials
    T1-11 Type
    Roof type
    Metal

    Taylor and Taylor Realty Co. (541) 994-9111 [email protected]

    Listing agent Dennis M Regen (541) 994-9111 License #810604051

    Listing date Dec 16, 2025

    Copyright © 2025 Oregon Coast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Devils Lake Frontage Opportunity

    Located on the north end of Devils Lake in Lincoln City, Oregon, this commercial property offers approximately 194+ feet of lake frontage on a 0.45-acre lot. The property is zoned RC - Recreational Commercial, allowing for various uses such as a hotel, condo development, boat moorage, boat rental business, or vacation rentals. The site is subject to a submerged land lease for docks of 99 years and includes a lease agreement with the Devils Lake Water Improvement District for office space and boat mooring. The existing home on the property is not habitable and is being sold in its current condition, with the seller not responsible for any repairs. The property is being sold as a package sale, or individually as tax lot 2900 or 2605, with any sale required to close concurrently with the other parcel. There is an annual fee of $750 through the Division of Oregon State Lands for the dock lease. The property size is 2665 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hotels

    Map

    City
    Lincoln City
    County
    Lincoln
    State
    Oregon
    Longitude
    -123.996467
    Latitude
    44.995638

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    FAQs

    What type of property is this?
    Hotel - Prime commercial property with lake frontage in Lincoln City, Oregon.
    Where is this hotel located?
    The property is located at 4006-4040 W Devils Lake Rd Lincoln City, OR.
    What is the asking price?
    The asking price for this property is $1,170,000.
    What are key features of this property?
    This property features: - Approx. 194+ feet of lake frontage on Devils Lake; - .45 of an acre of land with Recreation Commercial zoning, allowing for various development opportunities; - Submerged land lease for docks of 99 years
    (541) 994-9111
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4006-4040 W Devils Lake Rd Lincoln City, OR 97367
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