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$1,435,000
147 Days On Site

3445 NE 40TH CT
Neotsu, OR 97364

For Sale|Multi Family|Active
4
Beds
4
Total Baths
2004
Built
County:
Lincoln
Listing courtesy of Amanda Graves of Kiwanda Coastal Properties (971) 212-7131
Call Now: (503) 461-2086
Is this the listing for you? We can help make it yours.
(503) 461-2086
3445 NE 40TH CT3445 NE 40TH CT3445 NE 40TH CT3445 NE 40TH CT
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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.

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Listing Snapshot
Price 
$1,435,000
Days On Site 
147 Days
Bedrooms 
4
Inside Area (SqFt) 
N/A
Total Baths 
4
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.32 Acres
Year Built 
2004
MLS® Number 
782296854
Status 
Active
Property Tax 
$13,855.41
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoPrice changed to $1,435,000
5 months agoListing first seen on site
General Features
Acres 
0.32
Disclosures 
Disclosure
Foundation 
Concrete Perimeter
Garage 
Yes
Garage Spaces 
3
Parking 
DrivewayGarage
Parking Spaces 
3
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Zoning 
R_M
Interior Features
Appliances 
Gas Water Heater
Laundry Features 
Common Area
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Exterior Features
Construction Details 
Cedar
Lot Features 
Cul-De-SacWaterfront
Roof 
Composition
View 
Lake
Waterfront 
Yes
Waterfront Features 
Lake
Waterview 
Lake
Community Features
Accessibility Features 
Accessible Entrance
MLS Area 
_200
Financing Terms Available 
CashConventional
Roads 
Paved
Schools
School District
Unknown
Elementary School
Oceanlake
Middle School
Taft
High School
Taft
Listing courtesy of Amanda Graves of Kiwanda Coastal Properties (971) 212-7131



The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Kiwanda Coastal Properties are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

Last checked 2026-10-16 04:49 PM PDT.

All information provided is deemed reliable but is not guaranteed and should be independently verified

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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