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About This Home

This 5-bedroom, 4-bathroom single family at 3445 NE 40th Court in Lincoln City, OR is listed for $1,450,000 ($337 per sqft). Built in 2004, the home offers 4,303 sqft of living space on a 0.32 acres lot.

Agent Description

Rare, universally designed, lakefront, income property embracing the timeless beauty of the Oregon Coast. 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.

Key Features

  • Built in 2004
  • 0.32 acre lot
  • 2 stories
  • Private pool
  • Fireplace
  • Waterfront

Property Details

2 stories
4 full
2004

Amenities

PoolFireplaceWaterfrontViewSpa

Monthly Cost Estimate

$7,755/mo

20% down · 6.5% · 30 years

Principal$1,049
Interest$6,283
Insurance$423

Estimates only. Actual payments may vary.

Location

3445 NE 40th Court

Lincoln City, OR 97364

Lakeside Heights

Features & Amenities

Interior Features

Breakfast BarBidetBuilt In Shower ChairCentral VacuumEntrance FoyerElevatorIn-Law FloorplanKitchen IslandNo Interior StepsOpen FloorplanPantryWalk-In Closet(s)Jack & Jill Bathroom(s)Grab Bars Around ToiletGrab Bars in Shower or TubHand-held Shower HeadSpa/Hot Tub

Exterior Features

Spa/Hot Tub

Property Details

Flooring

CarpetLaminateVinyl

Construction

Shake Siding Cedar

Views

LakeWater

Pool Features

Deck

Parking

On StreetDriveway

Heating

Natural GasWall FurnaceElectric (Heating)

Appliances

DryerDown DraftDisposalDishwasherElectric CooktopElectric OvenElectric RangeGas CooktopMicrowaveRefrigeratorWasherWasher/Dryer StackedWater Heater

Questions & Answers

This 5-bedroom, 4-bathroom single family at 3445 NE 40th Court is listed at $1,450,000 ($337/sqft). The estimated monthly payment is $6,283 based on 20% down at 6.5% interest.

Key features include: Built in 2004, 0.32 acre lot, 2 stories, Private pool, Fireplace, Waterfront. Interior Features: Breakfast Bar, Bidet, Built In Shower Chair. Exterior Features: Spa/Hot Tub.

This property is listed by Amanda Graves and can be reached at 9712127131 or orcoastalhomes@gmail.com.

AG

Amanda Graves

Agent at Kiwanda Coastal Properties

(971) 212-7131

Listed by Kiwanda Coastal Properties · View on Broker Site

MLS# 26-1428· Source: listhub· Updated 10 days ago

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.

3445 NE 40th Court, Lincoln City, OR 97364

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