Skip main navigation
Active
  • Price cut: $25K (6/2)
    $860,000

    1587 NW 39th St, Lincoln City, OR 97367

    4beds
    2,444sqft
    : 
    Loading
    Get pre-qualified
    Single Family Residence
    Built in 2005
    4,356 Square Feet Lot
    $833,000 Zestimate®
    $352/sqft
    $-- HOA

    What's special

    Main-level livingThree ensuite bedroomsExpansive windowsMain-floor suite
    Oceanview Coastal Retreat -Refined Living in Lincoln City! Experience elevated coastal living in this beautifully maintained 4-bedroom, 3-bath residence offering 2,444 sq ft of thoughtfully designed space. Moments from the beach and public beach access for easy beach living! The sweeping ocean views extend from Cascade Head to the southern shoreline, with a stunning third-story crow's nest providing a breathtaking setting for sunsets, and an ideal space for a private lounge, executive office, or creative retreat. Designed for both comfort and versatility, the home features main-level living and three ensuite bedrooms, including a main-floor suite-perfect for hosting guests or accommodating multi-generational living. Expansive windows and well-positioned outdoor spaces capture the natural beauty of the Oregon Coast, while a filtered ocean-view deck offers the perfect setting for outdoor dining, entertaining, and relaxing to the sound of the waves. Previously utilized as a successful vacation rental, this property presents a compelling opportunity as a primary residence, coastal getaway, or potentially income-producing investment (buyer to verify and conduct due diligence). A low-maintenance yard enhances ease of ownership, allowing more time to enjoy the surrounding coastal lifestyle. Recent updates include a new Malarkey roof installed in May 2026, providing long-term value and peace of mind. Ideally located moments from oceanfront dining, boutique shopping, salons, scenic trails, and nearby state parks, as well as year-round entertainment and community events at Chinook Winds Casino Resort, this home offers convenient access to the very best of the Oregon Coast. Schedule a tour today to own a refined coastal retreat where lifestyle, flexibility, and natural beauty align.
    90 days
    |
    269
    |
    13
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Heather Marie Nerup 971-304-9187,

    Coldwell Banker Professional Group - Lincoln City

    Source: OCMLS,MLS#: 26-1053MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Bonus room
      • Description: Laundry room
      Bonus room
      • Description: Crows nest w/Bar
      Heating
      • Forced Air, Natural Gas
      Cooling
      • None
      Appliances
      • Included: Dryer, Dishwasher, Electric Oven, Electric Range, Gas Cooktop, Microwave, Refrigerator, Washer, Water Heater
      Features
      • Storage
      • Flooring: Carpet, Vinyl
      • Windows: Window Treatments
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Gas
      Interior area
      • Total structure area: 2,444
      • Total interior livable area: 2,444 sqft
      • Finished area above ground: 2,444
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 1
      • Parking features: Attached Garage, RV Access/Parking
      • Garage spaces: 1
      Features
      • Levels: Multi/Split
      • Patio & porch: Deck, Covered Porch
      • Exterior features: Lighting
      • Has view: Yes
      • View description: Ocean
      • Has water view: Yes
      • Water view: Ocean
      Lot
      • Size: 4,356 Square Feet
      • Features: Level
      Details
      • Parcel number: 071103DA0060000
      • Zoning description: R-5 Residential
      • Special conditions: Trust

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Concrete
      • Foundation: Concrete Perimeter
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 2005

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Security: Security System
      HOA
      • Has HOA: No
      Location
      • Region: Lincoln City

      Financial & listing details

      • Price per square foot: $352/sqft
      • Tax assessed value: $880,910
      • Annual tax amount: $6,187
      • Date on market: 4/21/2026
      • Listing terms: 1031 Exchange,Cash,Conventional
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $833,000

        $791,000 - $875,000

        $3,333/mo

        Price history

        DateEventPrice
        6/2/2026Price change$860,000-2.8%$352/sqft
        Source: OCMLS #26-1053 Report a problem
        4/21/2026Price change$885,000-5.8%$362/sqft
        Source: RMLS (OR) #245228040 Report a problem
        9/22/2025Price change$939,450-1.1%$384/sqft
        Source: OCMLS #25-997 Report a problem
        5/4/2025Listed for sale$949,450+171.3%$388/sqft
        Source: OCMLS #25-997 Report a problem
        3/6/2015Sold$350,000-6.7%$143/sqft
        Source: RMLS (OR) #14144737 Report a problem
        3/20/2014Price change$375,000+2.8%$153/sqft
        Source: Coldwell Banker Gesik Realty, Inc. #14-715 Report a problem
        5/30/2013Listed for sale$364,950$149/sqft
        Source: Prudential Taylor & Taylor Realty Company #13-1519 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$5,909 +2.8%$357,340 +3%
        2023$5,747 +2.9%$346,940 +3%
        2022$5,586 +1.8%$336,840 +3%
        2021$5,486 +5.5%$327,030 +3%
        2020$5,199 $317,510 +3%
        2019-- $308,270 +3%
        2018$5,061 $299,300 +3%
        2017$5,061 +11.4%$290,590 +3%
        2016$4,543 $282,130
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 97367

        Getting around

        49 / 100
        Car-Dependent
        40 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes