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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.
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
Amenities
Monthly Cost Estimate
$7,755/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3445 NE 40th Court
Lincoln City, OR 97364
Lakeside Heights
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Views
Pool Features
Parking
Heating
Appliances
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.



