

3445 NE 40TH CTNeotsu, OR 97364
Multi-Family · 0.32 Acres3445 NE 40TH CT Overview
- Time on Site:
- 36 days
- Visits:
- 0
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.
3445 NE 40TH CT Facts & Features
- Type Multi-Family
- Lot 0.32 Acres
Details
General
School Information
- Elementary School: Oceanlake
- Middle Or Junior School: Taft
- High School: Taft
Income/Expenses
- Gross Income: 85080.0
- Net Operating Income: 68225.0
- Operating Expense: 16855.0
Building Information
- Year Built: 2004
Location/Region
- Country: US
- County Or Parish: Lincoln
- MLS Area Major: 200 - Lincoln County
Community/Development
- Community Features: Commons,Front Yard Landscaping,Laundry
Rent/Lease Information
- Rent Includes: Maintenance Grounds,Sewer,Water
Tax Information
- Tax Annual Amount: 13855.41
- Tax Year: 2025
General Information
- Disclosures: Disclosure
- Listing Terms: Cash,Conventional
- Parcel Number: R505896
- Property Condition: Existing
- Property Type: Multi Family
- Zoning: R_M
Interior
Parking Information
- Garage Spaces: 3.0
General Information
- Foundation Details: Concrete Perimeter
- Heating: Other,Wall Heater
- Security Features: Handicap Access
- Stories: 2
Exterior
Parking Information
- Parking Features: Driveway,Garage
- Parking Total: 3.0
Lot Information
- Lot Features: Cul-de-sac
- Lot Size Acres: 0.32
- Lot Size Square Feet: 13939.0
- Road Surface Type: Paved
- Water Source: Public Water
Waterfront/View
- Water Body Name: Devil??????????????????s Lake
- Waterfront Features: Lake
Building Exterior/Construction
- Roof: Composition
General Information
- Number Of Units Total: 4
- Sewer: Public Sewer
3445 NE 40TH CT Neighborhood
Community
97364 (Neotsu) Demographics
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 NE 40TH CT Monthly Cost
3445 NE 40TH CT Market Data
Based on the last 30 days in this zip code
3445 NE 40TH CT History
| Date | Value | Agent |
|---|---|---|
| 5/24/2026Source: Regional MLS | May 24, 2026 |
