Live the dream with this stunning LAKEFRONT property in Indian Shores! The one-level home, with wide open spaces, has soaring vaulted ceilings and a wall of windows to take in the ever-changing lake vistas. Located at the southern end of Devil's Lake, the property is so close to the ocean that you can actually hear the pounding surf, and yet you are buffeted from the wind. Of special note is that a State Recreation Area, which includes acres and acres of protected wetlands, is directly across the lake. Therefore, the views are forever pristine! Adding to the glow of nature are frequent sightings of waterfowl (ducks, geese, egrets, herons, loons), plus drop-in visits from eagles, ospreys, and otters! A huge south-facing deck is the perfect place to enjoy the serenity of this setting, while toasting both sunrises and sunsets. In addition, there is a private dock for launching your boat and water toys. Indian Shores is an exclusive gated community in Lincoln City that features a clubhouse, a locked lot for storing boats, guest parking, and protective CC&R's. Enjoy all that the Central Oregon Coast has to offer, then lock and leave with confidence!! (See attached documents for the multiple improvements that the current owners have made to this property)
Closed
$850,000
1115 NE Aldertree Ln, Lincoln City, OR 97367
3beds
3baths
2,026sqft
Single Family Residence
Built in 1988
6,534 Square Feet Lot
$861,700 Zestimate®
$420/sqft
$3,174 Estimated rent
Home value
$861,700
$810,000 - $913,000
$3,174/mo
Zestimate® history
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$6,145/mo
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Zillow last checked:
Listing updated:
Listed by:
Linda L Roy linda@lincolncityrealty.net,
Lincoln City Realty, LLC
Bought with:
Michelle Barnes, 201213169
The Real Estate Box
Source: OCMLS,MLS#: LC-100578
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Primary bedroom
- Description: 1st Bedroom w/Ensuite - Great as an office too
Bedroom 2
- Description: Primary Bedroom w/LARGE Ensuite
Bedroom 2
- Description: Very Large Primary Bath Ensuite w/Tub AND Shower
Bedroom 3
- Description: 3rd Guest Bedroom w/Ensuite Bath
Bathroom
- Description: Serves Bedroom 1 as Ensuite
Dining room
- Description: Lake Front Dining/Open to Kitchen and Living Room
Kitchen
- Description: Open to Lake Front Dining & Living Room
Living room
- Description: Expansive Lake Front Views
Utility room
- Description: Conveniently located
Heating
- Has Heating (Unspecified Type)
Appliances
- Included: Dryer, Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Washer, Water Heater
Features
- Vaulted Ceiling(s)
- Flooring: Carpet, Tile, Wood
- Windows: Window Treatments
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Wood Burning
- Furnished: Yes
Interior area
- Total structure area: 2,026
- Total interior livable area: 2,026 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage, RV Access/Parking
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: Forest
Lot
- Size: 6,534 Square Feet
- Features: Cul-De-Sac, Irregular Lot
Details
- Parcel number: 071114BA240000
- Zoning description: R1-7.5
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Concrete
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1988
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Water Available
Community & HOA
Community
- Subdivision: Indian Shores
HOA
- Has HOA: Yes
- Services included: Insurance, Maintenance Grounds, Security, Property Taxes for Common Areas, Utilities
- HOA fee: $975 annually
Location
- Region: Lincoln City
Financial & listing details
- Price per square foot: $420/sqft
- Tax assessed value: $842,350
- Annual tax amount: $9,107
- Date on market: 3/7/2024
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/22/2024 | Sold | $850,000$420/sqft |
Source:  OCMLS #LC-100578 Report a problem | ||
| 3/25/2024 | Contingent | $850,000$420/sqft |
Source: OCMLS #24-411 Report a problem | ||
| 3/7/2024 | Listed for sale | $850,000-2.9%$420/sqft |
Source: OCMLS #24-411 Report a problem | ||
| 10/21/2023 | Listing removed | -- |
Source: OCMLS #23-1845 Report a problem | ||
| 9/19/2023 | Listed for sale | $875,000-2.7%$432/sqft |
Source: OCMLS #23-1845 Report a problem | ||
| 10/11/2022 | Listing removed | -- |
Source: OCMLS #22-1413 Report a problem | ||
| 9/7/2022 | Price change | $899,000-5.3%$444/sqft |
Source: OCMLS #22-1413 Report a problem | ||
| 8/20/2022 | Price change | $949,000-4.6%$468/sqft |
Source: OCMLS #22-1413 Report a problem | ||
| 7/4/2022 | Listed for sale | $995,000+206.2%$491/sqft |
Source: OCMLS #22-1413 Report a problem | ||
| 12/11/2009 | Sold | $325,000$160/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,513 +1.6% | $579,140 +3% |
| 2024 | $9,365 +2.8% | $562,280 +3% |
| 2023 | $9,107 +2.9% | $545,910 +3% |
| 2022 | $8,853 +1.8% | $530,010 +3% |
| 2021 | $8,695 +7% | $514,580 +3% |
| 2020 | $8,129 | $499,600 +2.5% |
| 2019 | -- | $487,640 +4.5% |
| 2018 | $7,841 | $466,690 -0.8% |
| 2017 | $7,841 +2.1% | $470,290 -0.7% |
| 2016 | $7,681 | $473,440 +3% |
| 2015 | $7,681 +5.9% | $459,660 +3% |
| 2014 | $7,252 | $446,280 +3% |
| 2013 | $7,252 +3.4% | $433,290 +3% |
| 2012 | $7,014 +4.1% | $420,670 +3% |
| 2011 | $6,736 +9.3% | $408,420 +5% |
| 2010 | $6,162 +3.1% | $388,890 +6.1% |
| 2009 | $5,974 +2.7% | $366,580 |
| 2008 | $5,819 +2.3% | $366,580 +6.1% |
| 2007 | $5,691 | $345,550 |
Find assessor info on the county website
Neighborhood: 97367
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Nearby schools
GreatSchools rating
- NAOceanlake Elementary SchoolGrades: K-2Distance: 0.6 mi
- 6/10Taft Middle SchoolGrades: 7-8Distance: 2.6 mi
- 3/10Taft High SchoolGrades: 9-12Distance: 2.5 mi
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- Oregon
- Lincoln County
- Lincoln City
- 97367
- 1115 NE Aldertree Ln
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