Very rarely does a truly exceptional Custom Built, Craftsman home come on the market! This large (3,734 sf) spectacular lake view chalet is a one of a kind! Located in the beautiful private and gated community of Indian Shores next to scenic Devils Lake! This home boasts a huge great room with a 19' tall Cedar lined and beamed vaulted ceiling. A huge, impressive, hand laid rock fireplace extends all the way up, inside and out. All three Master Bedroom suites feature private baths and walk-in closets. There is a large Loft area above the larger main level bedroom that can be an office, workout area, etc.
Closed
$770,000
1198 NE Lakewood, Lincoln City, OR 97367
3beds
3,734sqft
Single Family Residence
Built in 1999
0.28 Acres Lot
$749,200 Zestimate®
$206/sqft
$3,615 Estimated rent
Home value
$749,200
$629,000 - $892,000
$3,615/mo
Zestimate® history
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List your homeWhat's special
Private bathsThree master bedroom suitesWalk-in closetsSpectacular lake view chaletHuge great room
Zillow last checked:
Listing updated:
Listed by:
Mark A Jones 541-992-2921,
Harcourts Coast Realty
Bought with:
Joni K Jackson, 950600214
Cascade Hasson Sotheby's International Realty
Source: OCMLS,MLS#: 26-233
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Description: Lake View Master Suite With Loft
Bedroom 2
- Description: Lake View Master Suite
Bedroom 3
- Description: Large Master Suite With Fireplace
Bathroom
- Description: Dual Sinks & Updated
Bathroom
- Description: Dual Sinks & Updated
Bathroom
- Description: Dual Sinks & Updated
Dining room
- Description: Lake Views
Living room
- Description: 19' Ceiling/Stone Fireplace Lake Views
Utility room
- Description: Very Large With Sink & Storage
Heating
- Has Heating (Unspecified Type)
Cooling
- Has cooling: Yes
Appliances
- Included: Dryer, Double Oven, Dishwasher, Exhaust Fan, Gas Range, Microwave, Refrigerator, Range Hood, Washer, Water Heater, Built-In Gas Oven
- Laundry: Accessible Utilities or Laundry, Electric Dryer Hookup, Gas Dryer Hookup, Main Level, Sink, Washer Hookup
Features
- Breakfast Bar, Central Vacuum, Double Vanity, In-Law Floorplan, Open Floorplan, Pantry, Roll In Shower, Smart Thermostat, Storage, Walk-In Closet(s), Beamed Ceilings, Vaulted Ceiling(s), Ceiling Fan(s)
- Flooring: Carpet, Vinyl, Wood
- Windows: Double Pane Windows, Insulated Windows, Skylight(s), Window Treatments, Vinyl Frames, Wood Frames
- Has basement: No
- Number of fireplaces: 2
- Fireplace features: Gas, Wood Burning
Interior area
- Total structure area: 3,734
- Total interior livable area: 3,734 sqft
- Finished area above ground: 3,734
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage, Garage Door Opener, Off Street, Paved
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Fencing: None
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 0.28 Acres
- Features: Irregular Lot
Details
- Additional structures: None
- Additional parcels included: Separate tax lot directly behind house (Lot 10200) Property ID# R132750 is also available. There is also a combined Listing for this home and the second lot together. See listing documents for plat map and property profiles for both properties.
- Parcel number: 071114BA100000
- Zoning description: R1-7.5
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Chalet
- Property subtype: Single Family Residence
Materials
- Cedar
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: No
- Year built: 1999
Details
- Warranty included: Yes
Utilities & green energy
- Electric: 200+ Amp Service, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s), Security Gate, Security System
- Subdivision: Indian Shores
HOA
- Has HOA: Yes
- Amenities included: Clubhouse
- Services included: Maintenance Grounds, Property Taxes for Common Areas
- HOA fee: $975 annually
- HOA name: Indian Shores Association
- HOA phone: 503-747-4800
Location
- Region: Lincoln City
Financial & listing details
- Price per square foot: $206/sqft
- Tax assessed value: $1,169,190
- Annual tax amount: $9,948
- Date on market: 2/7/2026
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/2/2026 | Sold | $770,000-13.3%$206/sqft |
Source:  OCMLS #26-233 Report a problem | ||
| 2/10/2026 | Pending sale | $888,000+11.7%$238/sqft |
Source: OCMLS #LC-105168 Report a problem | ||
| 2/7/2026 | Price change | $795,000-10.5%$213/sqft |
Source: OCMLS #26-233 Report a problem | ||
| 1/29/2026 | Price change | $888,000+11.7%$238/sqft |
Source: OCMLS #LC-105168 Report a problem | ||
| 12/16/2025 | Pending sale | $795,000$213/sqft |
Source: OCMLS #LC-105168 Report a problem | ||
| 12/10/2025 | Price change | $795,000+6%$213/sqft |
Source: OCMLS #25-2427 Report a problem | ||
| 11/7/2025 | Listed for sale | $750,000+20%$201/sqft |
Source: OCMLS #25-2427 Report a problem | ||
| 6/28/2017 | Sold | $625,000+4.3%$167/sqft |
Source: OCMLS #LC-81481 Report a problem | ||
| 5/6/2017 | Pending sale | $599,000$160/sqft |
Source: Lincoln City Realty, LLC #17-987 Report a problem | ||
| 4/17/2017 | Listed for sale | $599,000+30.2%$160/sqft |
Source: Lincoln City Realty, LLC #17-987 Report a problem | ||
| 9/8/2015 | Sold | $460,000-2.1%$123/sqft |
Source: OCMLS #LC-73635 Report a problem | ||
| 7/30/2015 | Pending sale | $469,900$126/sqft |
Source: Prudential Taylor & Taylor Realty Company #14-2796 Report a problem | ||
| 6/11/2015 | Price change | $469,900-2.1%$126/sqft |
Source: Prudential Taylor & Taylor Realty Company #14-2796 Report a problem | ||
| 5/13/2015 | Price change | $479,900-2%$129/sqft |
Source: Prudential Taylor & Taylor Realty Company #14-2796 Report a problem | ||
| 4/18/2015 | Listed for sale | $489,900$131/sqft |
Source: Prudential Taylor & Taylor Realty Company #14-2796 Report a problem | ||
| 4/17/2015 | Pending sale | $489,900$131/sqft |
Source: Prudential Taylor & Taylor Realty Company #14-2796 Report a problem | ||
| 4/17/2015 | Listed for sale | $489,900+15.3%$131/sqft |
Source: Prudential Taylor & Taylor Realty Company #14-2796 Report a problem | ||
| 6/7/2013 | Sold | $425,000-14.8%$114/sqft |
Source:  OCMLS #12-611 Report a problem | ||
| 9/17/2012 | Listing removed | $499,000$134/sqft |
Source: Windermere/Distinctive Coastal Properties #12-611 Report a problem | ||
| 7/13/2012 | Price change | $499,000-16.7%$134/sqft |
Source: Windermere/Distinctive Coastal Properties #12-611 Report a problem | ||
| 3/24/2012 | Price change | $599,000+20%$160/sqft |
Source: Windermere DCP, Inc. #12-611 Report a problem | ||
| 6/23/2011 | Price change | $499,000-9.1%$134/sqft |
Source: Coast Property & Investment Realty Inc. #10-3024 Report a problem | ||
| 6/18/2011 | Listed for sale | $549,000$147/sqft |
Source: Coast Property & Investment Realty Inc. #10-3024 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,650 +1.6% | $587,530 +3% |
| 2024 | $9,501 +2.8% | $570,420 +3% |
| 2023 | $9,238 +2.9% | $553,810 +3% |
| 2022 | $8,981 +1.8% | $537,680 +3% |
| 2021 | $8,821 +5.5% | $522,020 +3% |
| 2020 | $8,359 | $506,820 +3% |
| 2019 | -- | $492,060 +3% |
| 2018 | $8,137 | $477,730 +3% |
| 2017 | $8,137 +11.8% | $463,820 +3% |
| 2016 | $7,277 | $450,320 +3% |
| 2015 | $7,277 +12.8% | $437,210 +9.5% |
| 2014 | $6,452 | $399,380 +1.6% |
| 2013 | $6,452 -8.8% | $392,940 -7.4% |
| 2012 | $7,078 +4.1% | $424,480 +3% |
| 2011 | $6,797 +5% | $412,120 +0.8% |
| 2010 | $6,475 +3.1% | $408,650 +6.1% |
| 2009 | $6,277 +2.7% | $385,200 |
| 2008 | $6,115 +2.3% | $385,200 +6.1% |
| 2007 | $5,980 | $363,100 |
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: 2.7 mi
- 3/10Taft High SchoolGrades: 9-12Distance: 2.5 mi
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- Oregon
- Lincoln County
- Lincoln City
- 97367
- 1198 NE Lakewood
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