Lakefront Multifamily Property on Oregon
3445 3447 3449 NE 40th Court, Lincoln City, OR 97364
New
MULTI_FAMILY - Other - Lincoln City, OR
Property size:
4,303 SFLot size:
0.32 AcresPrice / SF:
$336/SF- Added:
- May 22, 2026
- Days on Market:
- 1
- Last Refresh:
- May 22 at 6:06 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
- Bedroom 2, Bedroom 5, Bathroom 3, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 4, Bedroom 1, Bathroom 1
- Parking
- 6
- Parking features
- Driveway
- Spa
- 1
- Window features
- Storm Window(s)
- Patio and Porch features
- Deck
- 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
- Laminate, Vinyl, Carpet
- Building materials
- Shake Siding, Cedar
- Roof type
- Composition
- Architectural style
- Other
- Additional Structures
- Gazebo
Listing agent Amanda Graves License #201212564 (971) 212-7131
Listing office Kiwanda Coastal Properties P.O. Box 36 35005 CAPE KIWANDA DRIVE, NEOTSU, OR (503) 965-6255
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.
HighLights
- Rare lakefront property on Devil's Lake with private dock, offering direct access to water activities.
- Universally designed multiplex with main‑level living in every residence and elevator access.
- Income‑generating property with three beautifully appointed units plus a bonus studio.
- Energy‑efficient hillside construction with low utility costs.
- Located in a private and secluded setting in Neotsu, close to amenities and across from Chinook Winds Golf Course.
- Recent updates including sealed driveway, newer water heaters, exterior paint, and roof replacement.
Overview
This lakefront property is located on the shores of Devil's Lake in the Neotsu enclave of Lincoln City, Oregon, near Chinook Winds Golf Course and adjacent to tribal trust land. The property features universal design for accessibility and ease of living. The multiplex includes main-level living in every residence, with elevator access to the lower-level units. The property has wide doorways, pocket doors, built-ins, deep garages, and a central vacuum system. A lily pad-shaped dock provides access to Devil's Lake for activities such as kayaking, wildlife watching, and fishing. The lower unit includes a swim spa with sit-down access. The property currently generates annual income with three units plus a bonus studio. Potential future uses include condominiums, a bed and breakfast, senior living apartments, an artist retreat, a wellness escape, or a family compound. Three lakefront primary suites open to expansive private decks. The property has local cedar shake siding and energy-efficient hillside construction. The owner rarely needed supplemental heat over the past 20 years. Double-sided fireplaces provide warmth, and screened doors eliminate the need for air conditioning. The property is set on a 0.32-acre lot on a secluded cul-de-sac with city water and sewer. Recent updates include a sealed driveway, newer water heaters, exterior paint, and a roof replacement approximately four years ago. The property size is 4,303 square feet.
Property Profile
Location Intelligence
Current Use by Public Records
Bed & breakfasts
Map
- City
- Lincoln City
- County
- Lincoln
- State
- Oregon
- Longitude
- -123.987
- Latitude
- 44.9988
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Barrier-free lakefront property with income potential in Lincoln City, Oregon.
Where is this apartment building 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: Rare lakefront property on Devil's Lake with private dock, offering direct access to water activities.; Universally designed multiplex with main‑level living in every residence and elevator access.; Income‑generating property with three beautifully appointed units plus a bonus studio.
