3445 NE 40TH CT, Neotsu, OR 97364

  • $1,450,000

Overview

  • 3.0
    Car Garage
  • 2004
    Year Built
  • MultiFamily
    Property Type
  • 782296854
    MLS#
  • 0.32 Acres
    Land Area
  • Kiwanda Coastal Properties
    Office Name
  • Amanda Graves
    Agent Name

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.

Details

Updated on May 25, 2026 at 4:04 am
  • MLS# 782296854
  • Price $1,450,000
  • Land Area 0.32 Acres
  • Car Garage 3.0
  • Garage Size x x
  • Year Built 2004
  • Property Type MultiFamily
  • Property Status Active
  • Office Name Kiwanda Coastal Properties
  • Agent Name Amanda Graves
  • Office Phone 503-965-6255

Additional details

  • Listing Terms Cash, Conventional
  • Roof Composition
  • Sewer Public Sewer
  • Heating Other, Wall Heater
  • County Lincoln
  • Property Type MultiFamily
  • Parking Driveway, Garage
  • Elementary School Oceanlake
  • Middle School Taft
  • High School Taft
  • Community Features Commons, Front Yard Landscaping, Laundry
  • Waterfront Lake

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