3445 Ne 40th Court, Lincoln City, OR

$1,435,000

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5

Beds

4

Baths

4,303

Square feet

0.32

Acres

About 3445 Ne 40th Court

Lakefront, 5 bedroom, universally designed, income property embracing 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 Northern shores of Devil's Lake, this was created for effortless living, comfort, & connection to nature at every stage of life. Designed w/ accessibility & ease in mind, this offers main-level living in every residence, w/ elevator access to the lower-level units for seamless mobility. Wide doorways, pocket doors, built-ins, deep garages, & central vac create a home that feels both elegant & welcoming — whether for full-time living, multigenerational living, retirement, or a peaceful coastal retreat. A whimsical deck invites residents to enjoy the calm waters of Devil's Lake w/ ease, offering a gentle & 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 w/ easy sit-down access to year-round soaking & exercise surrounded by nature. The property currently generates annual income w/ 3 beautifully appointed units plus a bonus studio, presenting an exceptional opportunity for both lifestyle & investment. Potential future uses may include condominiums, bed & 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, hospital, post office, grocery stores, & banking.

Features of 3445 Ne 40th Court

MLS® # 26-1428
Price $1,435,000
Bedrooms 5
Bathrooms 4.00
Full Baths 4
Square Footage 4,303
Acres 0.32
Year Built 2004
Type Residential
Sub-Type Single Family Residence
Style Chalet
Status Active

Community Information

Address 3445 Ne 40th Court
Subdivision Lakeside Heights
City Lincoln City
County Lincoln
State OR
Zip Code 97364

Amenities

Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected, Phone Connected, Separate Meters
Parking Additional Parking, Driveway, On Street
# of Garages 3
Is Waterfront Yes

Interior

Interior Features Breakfast Bar, Bidet, Built In Shower Chair, Central Vacuum, Entrance Foyer, Elevator, In-Law Floorplan, Kitchen Island, No Interior Steps, Open Floorplan, Pantry, Walk-In Closet(s), Jack & Jill Bathroom(s), Grab Bars Around Toilet, Grab Bars in Shower or Tub, Hand-held Shower Head, Spa/Hot Tub
Heating Electric, Natural Gas, Other, Wall Furnace
Cooling None
Fireplace Yes
# of Fireplaces 4
Fireplaces Gas, Gas Log
Has Basement No

Exterior

Lot Description Cul-De-Sac, Corner Lot, Garden, Landscaped
Windows Storm Window(s), Tinted Windows, Drapes, Blinds
Roof Composition
Construction Shake Siding, Cedar
Foundation Concrete Perimeter

Additional Information

Date Listed May 22nd, 2026
Zoning R-M Residential, Multifamily
Short Sale No
RE / Bank Owned No

Listing Details

AgentAmanda Graves
OfficeKiwanda Coastal Properties

Listing Map

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