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Nathan Stancil

nathan@exploreoregonhomes.com +1(503) 621-4693

Listed by Kiwanda Coastal Properties

$ 1,450,000

Est. payment | -/mo

0.32 Acres Lot

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$ 1,450,000

Est. payment | -/mo

Save Virtual Tour

0.32 Acres Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 782296854

HOA Y/N No

Year Built 2004

Annual Tax Amount $13,855

Tax Year 2025

Lot Size 0.320 Acres

Property 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.

Location

State OR

County Lincoln

Community Commons, Frontyardlandscaping, Laundry

Area _200

Zoning R_M

Interior

Heating Other, Wall Heater

Exterior

Garage Spaces 3.0

Community Features Commons, FrontYardLandscaping, Laundry

Waterfront Description Lake

View Lake

Roof Type Composition

Garage No

Building

Lot Description Cul_de_sac

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Oceanlake

Middle Schools Taft

High Schools Taft

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://pixies.et/wgtcoTzs

Regional Multiple Listing Service (RMLS)

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 621-4693

nathan@exploreoregonhomes.com

3445 NE 40TH CT Neotsu, OR 97364

Nathan Stancil

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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3445 NE 40TH CT