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Lakefront Universally Designed Multifamily

3445 3447 3449 NE 40th Court Lincoln City, OR 97364

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For Sale
$1,450,000

MULTI_FAMILY - Other - Lincoln City, OR

Property size:
4,303 SF
Lot size:
0.32 Acres
Price / SF:
$336/SF
Added:
May 22, 2026
Days on Market:
50
Last Refresh:
Jul 10 at 7:06 pm

Property Features for 3445 3447 3449 NE 40th Court

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R-M Residential, Multifam
Bedrooms
5
Bathrooms
4
Rooms
Bathroom 2, Bathroom 4, Bathroom 3, Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 4, Bedroom 3
Parking
6
Parking features
Driveway
Spa
1
Window features
Storm Window(s)
Patio and Porch features
Deck
Pets allowed
Yes
Pool private
1
Interior features
Bidet, Built In Shower Chair, Central Vacuum, Eat-in Kitchen, Elevator, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Roll In Shower, Walk-In Closet(s), Wide Interior Halls and Doors, Jack & Jill Bathroom(s), Grab Bars Around Toilet, Grab Bars in Shower or Tub, Spa/Hot Tub
Exterior features
Entry Flat, Lighting, Private Yard, Spa/Hot Tub
Fireplace
1
Accessibility
Accessible Elevator Installed
Appliances
Dryer, Down Draft, Disposal, Dishwasher, Electric Range, Gas Cooktop, Microwave, Refrigerator, Washer, Water Heater, Built-In Electric Oven
Standard status
Active
APN
50000
Size
4,303 SF
Lot size
0.32 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
13855

Utilities

Utilities
Phone Available
Sewer type
Public Sewer
Heating system
Wall Furnace, Natural Gas, Electric (Heating)
Water source
Public
Water front
1

Building Details

Year built
2004
Floors in Building
2
Number of units
4
Flooring type
Carpet, Vinyl, Laminate
Building materials
Shake Siding, Cedar
Roof type
Composition
Architectural style
Other
Additional Structures
Gazebo

Listing agent Amanda Graves License #201212564

Listing office Kiwanda Coastal Properties P.O. Box 36 35005 CAPE KIWANDA DRIVE, NEOTSU, OR

Listing date May 22, 2026

MLS# 26-1401 Listing URL

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This sale offering is a lakefront universally designed multiplex configured for main-level living in every residence, with elevator access to lower-level units. The property is described as barrier-free throughout and includes wide doorways, pocket doors, built-ins, central vacuum, and deep garages, along with three lakefront primary suites that open to private decks. Additional amenities referenced in the property materials include screened doors to capture ocean breezes, double-sided fireplaces, and a whimsical lily pad-shaped dock. The lower unit is also described as having a swim spa designed for easy sit-down access.

The property is located at 3445, 3447, and 3449 NE 40th Court in Lincoln City, Oregon, within an R-M Residential, Multifam zoning designation. The setting is described as a secluded cul-de-sac with two neighboring lakefront homes. It is described as directly across from Chinook Winds Golf Course and adjacent to tribal trust land, with city water and sewer services noted in the materials.

For tenants, buyers, or operators seeking accessible layouts, the combination of main-level living, elevator service, and thoughtful circulation elements is a clear fit. The seller also notes income is currently generated with three units plus a bonus studio, and recent updates include sealed driveway, newer water heaters, exterior paint, and a roof replacement approximately four years ago.

Key Highlights

  • Barrier‑free universally designed lakefront multiplex with 5 bedrooms on Devil’s Lake (Neotsu area).
  • Accessible features include an installed elevator, wide interior halls/doors, roll‑in shower(s), grab bars, and wide accessibility‑friendly layout.
  • Main‑level living with in‑law floorplan; elevator access to lower‑level units; wide doorways and pocket doors reported.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

FAQs

What type of property is this?
Quadplex - Universally designed multiplex with elevator access, main-level living, and lakefront outdoor features in a residential multifamily zone.
Where is this quadplex located?
The property is located at 3445 3447 3449 NE 40th Court Lincoln City, OR.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Barrier‑free universally designed lakefront multiplex with 5 bedrooms on Devil’s Lake (Neotsu area).; Accessible features include an installed elevator, wide interior halls/doors, roll‑in shower(s), grab bars, and wide accessibility‑friendly layout.; Main‑level living with in‑law floorplan; elevator access to lower‑level units; wide doorways and pocket doors reported.
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