Active

Price cut: $100K (5/14)

$1,150,000

1735 NW 39th St, Lincoln City, OR 97367

5beds

3,270sqft

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Single Family Residence

Built in 2024

9,147 Square Feet Lot

$1,124,400 Zestimate^®

$352/sqft

$-- HOA

What's special

Pacific ocean viewsContemporary floor planVaulted ceilingsHeated bathroom floorsSanta fe wall finishesFive bedroomsCommercial-grade luxury vinyl flooring

This 2024 meticulously redesigned coastal estate in Downtown Lincoln City offers a rare, turn-key investment opportunity on a highly coveted STR-zoned double lot. Spanning five bedrooms and 3.5 bathrooms, the contemporary floor plan is purpose-built for high-occupancy luxury, featuring vaulted ceilings and 56 windows that flood the home with natural light and Pacific Ocean views. The property balances high-end aesthetics—like Santa Fe wall finishes and heated bathroom floors—with practical durability, utilizing commercial-grade luxury vinyl flooring and a comprehensive live-streaming surveillance system. Sold fully furnished with ample guest and RV parking, this property is perfectly positioned within walking distance of the beach, casino, and dining, making it a premier short-term rental powerhouse. 220Volts was installed in the garage. LA related to seller.

108 days

320

26

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Heating

Electric

Cooling

Electric

Appliances

Included: Dryer, Disposal, Dishwasher, Gas Range, Refrigerator, Washer

Features

Double Vanity, Walk-In Closet(s), Vaulted Ceiling(s)
Flooring: Vinyl
Windows: Double Pane Windows
Has basement: No
Number of fireplaces: 1
Fireplace features: Gas

Interior area

Total structure area: 3,270
Total interior livable area: 3,270 sqft
Finished area above ground: 3,270
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Additional Parking, Driveway, Garage Door Opener, RV Access/Parking
Garage spaces: 2

Features

Patio & porch: Deck, Covered Porch, Side Patio, Rear Patio, Covered Deck
Exterior features: Private Yard, Spa/Hot Tub
Fencing: Wood

Lot

Size: 9,147 Square Feet
Features: Gentle Sloping

Details

Parcel number: 344425
Zoning description: R-5 Residential
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Contemporary
Property subtype: Single Family Residence

Materials

Fiber Cement, Cedar
Foundation: Concrete Perimeter
Roof: Metal,Membrane

Condition

New construction: No
Year built: 2024

Utilities & green energy

Electric: 220 Volts
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected

Community & HOA

HOA

Has HOA: No

Location

Region: Lincoln City

Financial & listing details

Price per square foot: $352/sqft
Tax assessed value: $806,880
Annual tax amount: $12,175
Date on market: 4/4/2026
Listing terms: Cash,Conventional,FHA,USDA Loan
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

$1,124,400

$1.07M - $1.18M

$4,894/mo

Price history

Date	Event	Price
5/14/2026	Price change	$1,150,000-8%$352/sqft
Source: OCMLS #26-850 Report a problem
3/20/2026	Listed for sale	$1,250,000+557.9%$382/sqft
Source: RMLS (OR) #505281868 Report a problem
5/20/2022	Sold	$190,000$58/sqft
Source: Public Record Report a problem
1/14/2022	Sold	$190,000$58/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$8,885 +76%	$537,280 +76.3%
2023	$5,048 +2.9%	$304,790 +3%
2022	$4,908 +1.8%	$295,920 +3%
2021	$4,820 +5.7%	$287,310 +3%
2020	$4,558	$278,950 +3%
2019	--	$270,830 +3%
2018	$4,397	$262,950 +3%
2017	$4,397 +10.2%	$255,300 +3%
2016	$3,991	$247,870 +3%
2015	$3,991 +5.3%	$240,660 +3%
2014	$3,790	$233,660 +3%
2013	$3,790 +3.9%	$226,860 +3%
2012	$3,646 +4.1%	$220,260 +3%
2011	$3,501 +4.1%	$213,850
2010	$3,363 +3.1%	$213,850 +6.1%
2009	$3,261 +2.7%	$201,590
2008	$3,176 +2.3%	$201,590 +6.1%
2007	$3,106	$190,020

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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