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    4040 W Devils Lk Rd, Unit TL 2605 Lincoln City, OR 97367

    For Sale
    $695,000

    LAND - Lincoln City, OR

    Lot size:
    0.21 Acres
    Days on Market:
    54
    Last Refresh:
    Dec 5 at 12:06 am

    Property Features for 4040 W Devils Lk Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RC - Recreational Commerc
    APN
    071102BD-2605-00
    Lot size
    0.21 Acres

    Utilities

    Utilities
    Water Available

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

    Listing agent Dennis M Regen

    Listing date Oct 13, 2025

    MLS# 24-2508 Listing URL

    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

    Lincoln City Lakefront Land Parcel

    Located on the north end of Devils Lake in Lincoln City, this property features 73.86 feet of lake frontage. The oversized 0.21-acre lot is zoned RC - Recreational Commercial, allowing for various uses including a hotel, condo, boat moorage, boat rental business, or a home with vacation rental potential. The property is subject to a 99-year submerged land lease for docks and a lease with the Devils Lake Water Improvement District for office space and boat mooring. The adjacent house is also available for sale, and any sale must close concurrently with the other parcel.
    Location Intelligence

    Current Use by Public Records

    Hotels

    Map

    City
    Lincoln City
    County
    Lincoln
    State
    Oregon
    Longitude
    -123.996621
    Latitude
    44.995989

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    FAQs

    What type of property is this?
    Hotel - Lakefront property with development potential in Lincoln City, Oregon.
    Where is this hotel located?
    The property is located at 4040 W Devils Lk Rd, Unit TL 2605 Lincoln City, OR.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: - 73.86 feet of lake frontage on Devils Lake with boat docks.; - Oversized .21 acre lot.; - Recreation Commercial zoning allows for hotel, condo, boat moorage, boat rental business, or vacation rental.
    (541) 994-9111
    Request Owner's contact information
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    4040 W Devils Lk Rd, Unit TL 2605 Lincoln City, OR 97367
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