Listing provided courtesy of Kiwanda Coastal Properties- MLS# 26-1401MLS ProviderSource MLS Verified

3445, 3447, 3449 NE 40th CourtLincoln City, OR 97364

Multi-Family · 5 Beds · 4 Full Baths · 4,303 Sq. ft. | 0.32 Acres
$1,450,000 Active

3445, 3447, 3449 NE 40th Court Overview

Time on Site:
39 days
Visits:
0

Hidden Cove Beckons — a rare 5 bedroom lakefront sanctuary where thoughtful universal design meets the timeless beauty of the Oregon Coast. Tucked quietly among blooming waterlilies on the peaceful shores of Devil's Lake, this one-of-a-kind barrier-free property was created for effortless living, comfort, and connection to nature at every stage of life. Designed with accessibility and ease in mind, this universally designed multiplex offers main-level living in every residence, with elevator access to the lower-level units for seamless mobility. Wide doorways, pocket doors, built-ins, deep garages, central vac, and carefully considered spaces create a home that feels both elegant and welcoming — whether for full-time living, multigenerational living, retirement, or a peaceful coastal retreat. A whimsical lily pad-shaped dock invites residents to enjoy the calm waters of Devil's Lake with ease, offering a gentle and 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 with easy sit-down access offers year-round soaking and exercise surrounded by nature. The property currently generates annual income with three beautifully appointed units plus a bonus studio, presenting an exceptional opportunity for both lifestyle and investment. Potential future uses may include condominiums, bed and 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, this private retreat is located in the quiet enclave of Neotsu on the north end of Devil's Lake, directly across from the Chinook Winds Golf Course and adjacent to tribal trust land. City water and sewer place, a rare advantage in this area as future infrastructure requirements evolve. Tucked away on a secluded cul-de-sac with only two neighboring lakefront homes, the setting offers extraordinary privacy while remaining conveniently close to the hospital, post office, grocery stores, banking, and everyday essentials. Recent updates include sealed driveway, newer water heaters, exterior paint, and roof replacement approximately four years ago. There is truly nothing else like this available on the Oregon Coast — a visionary outside-the-box property designed for those seeking beauty, accessibility, peace of mind, and a gentler way of living by the water.

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3445, 3447, 3449 NE 40th Court Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,303
  • Price/Sq.ft. $337
  • Lot 0.32 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • School District: Lincoln County School District

Building Information

  • New Construction: false
  • Year Built: 2004

Location/Region

  • County Or Parish: Lincoln
  • Subdivision Name: Lakeside Heights

Community/Development

  • Community Features: Curbs

Rent/Lease Information

  • Land Lease: false
  • Tenant Pays: Cable TV,Electricity,Gas,Internet,Trash Collection

Tax Information

  • Tax Annual Amount: 13855.41
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 50000
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: false
  • Special Listing Conditions: Standard
  • Zoning: R-M Residential, Multifamily

Interior

Parking Information

  • Garage Spaces: 3.0
  • Garage: true

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total: 4
  • Bedrooms Total: 5

Building Interior

  • Above Grade Finished Area: 1919.0
  • Below Grade Finished Area: 2384.0
  • Building Area Total: 4303.0

General Information

  • Accessibility Features: Accessible Doors,Accessible Elevator Installed,Accessible Hallway(s),Accessible Kitchen Appliances,Accessible Washer/Dryer,Safe Emergency Egress from Home,Accessible Entrance
  • Appliances: Dryer,Down Draft,Disposal,Dishwasher,Electric Range,Gas Cooktop,Microwave,Refrigerator,Washer,Water Heater,Built-In Electric Oven
  • Basement: false
  • Electric: 200+ Amp Service
  • Fireplace Features: Blower Fan,Double Sided,Gas,Gas Log
  • Fireplace: true
  • Fireplaces Total: 4
  • Flooring: Carpet,Laminate,Vinyl
  • Foundation Details: Concrete Perimeter
  • 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 \u0026 Jill Bathroom(s),Grab Bars Around Toilet,Grab Bars in Shower or Tub,Spa/Hot Tub
  • Laundry Features: Accessible Utilities or Laundry,Common Area,Main Level,Sink
  • Levels: Two
  • Living Area Source: Public Records
  • Security Features: Carbon Monoxide Detector(s),Smoke Detector(s)
  • Stories Total: 2
  • Window Features: Storm Window(s)

Exterior

Parking Information

  • Parking Features: Driveway,Paved
  • Parking Total: 6.0

Lot Information

  • Lot Features: Cul-De-Sac,Garden,Landscaped,Level,Private,Secluded
  • Lot Size Acres: 0.32
  • Lot Size Area: 0.32
  • Lot Size Square Feet: 13939.2
  • Lot Size Units: Acres
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Road Surface Type: Asphalt
  • Water Source: Public

Waterfront/View

  • View: Lake
  • Waterfront: true

Building Exterior/Construction

  • Architectural Style: Chalet
  • Attached Garage: false
  • Construction Materials: Shake Siding,Cedar
  • Patio And Porch Features: Deck
  • Roof: Composition

General Information

  • Carport: false
  • Exterior Features: Entry Flat,Lighting,Private Yard,Spa/Hot Tub
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Other Structures: Gazebo
  • Pool Private: true
  • Road Frontage Type: County Road
  • Sewer: Public Sewer
  • Utilities: Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Connected,Underground Utilities,Water Connected,Phone Available,Phone Connected,Separate Meters

Unit Information

Unit 1 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 2 Details

  • Beds Total: 0
  • Baths Total: 1
  • Furnished: Furnished

Unit 3 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 4 Details

  • Beds Total: 2
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 5 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 6 Details

  • Beds Total: 0
  • Baths Total: 1
  • Furnished: Furnished

Unit 7 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 8 Details

  • Beds Total: 2
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 9 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 10 Details

  • Beds Total: 0
  • Baths Total: 1
  • Furnished: Furnished

Unit 11 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 12 Details

  • Beds Total: 2
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 13 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 14 Details

  • Beds Total: 0
  • Baths Total: 1
  • Furnished: Furnished

Unit 15 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 16 Details

  • Beds Total: 2
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 17 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 18 Details

  • Beds Total: 0
  • Baths Total: 1
  • Furnished: Furnished

Unit 19 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 20 Details

  • Beds Total: 2
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 21 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 22 Details

  • Beds Total: 0
  • Baths Total: 1
  • Furnished: Furnished

Unit 23 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 24 Details

  • Beds Total: 2
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 25 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 26 Details

  • Beds Total: 0
  • Baths Total: 1
  • Furnished: Furnished

Unit 27 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 28 Details

  • Beds Total: 2
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 29 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 30 Details

  • Beds Total: 0
  • Baths Total: 1
  • Furnished: Furnished

Unit 31 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 32 Details

  • Beds Total: 2
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 33 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 34 Details

  • Beds Total: 0
  • Baths Total: 1
  • Furnished: Furnished

Unit 35 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 36 Details

  • Beds Total: 2
  • Baths Total: 1
  • Furnished: Unfurnished

3445, 3447, 3449 NE 40th Court Neighborhood

Community

97364 (Neotsu) Demographics

62
Median Age
1,614
Population Density (per sq. mile)
73%
College Educated
$87,613
Estimated Median Income
206
Estimated Total Home Owners
71
Estimated Total Renters
74% / 26%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3445, 3447, 3449 NE 40th Court Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3445, 3447, 3449 NE 40th Court Market Data

Based on the last 30 days in this zip code

$651,943
Average List Price
$342
Average Price per Square Foot
3
Properties Sold
136
Average Days on Market
23
Properties for Sale
Calculations provided by Reliance Network

3445, 3447, 3449 NE 40th Court History

Date Event Value Agent
5/22/2026Source: Tillamook MLS Added to Database
May 22, 2026