Active

Price cut: $56K (7/3)

$1,049,000

2997 NE Loop Dr, Otis, OR 97368

2beds

1,895sqft

Get pre-qualified

Single Family Residence

Built in 1967

0.43 Acres Lot

$-- Zestimate^®

$554/sqft

$-- HOA

What's special

Flat lakefront landMeticulously landscaped large backyardLakefront homeDirect lake accessSingle levelDurable lvp flooring throughoutOpen-concept great room

Lakefront home at the Oregon Coast, this single level this home sits on nearly half an acre of flat, usable land (.46 acre) with direct lake access and boat dock. The open-concept great room is the centerpiece of the home featuring oversized windows that offer large lake views, a spacious kitchen with quartz countertops and durable LVP flooring throughout. The floor plan is a 2 bedroom, 2.5 baths and a versatile bonus room perfect for guests or a home office. Outdoor living is just as inviting with a meticulously landscaped large backyard and covered patio that includes a built in gas firepit making it an ideal setting for gatherings by the water. Additional highlights include a 20x36 RV garage/shop and a whole-home Generac back up generator for peace of mind. Property offers a rare combination of a thoughtfully updated home, flat lakefront land and amenities designed for comfort, convenience and recreation. A recorded survey and flood elevation certificate are also on file.

314 days

454

31

Loading...

Facts & features

Interior

Bedrooms & bathrooms

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

Heating

Forced Air, Natural Gas

Cooling

None

Appliances

Included: Dryer, Disposal, Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Washer, Water Heater
Laundry: Main Level

Features

Breakfast Bar, Kitchen Island, No Interior Steps, Smart Thermostat, Beamed Ceilings, Vaulted Ceiling(s)
Flooring: Laminate, Other
Windows: Window Treatments
Has basement: No
Number of fireplaces: 1
Fireplace features: Gas

Interior area

Total structure area: 1,895
Total interior livable area: 1,895 sqft
Finished area above ground: 0
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Detached Garage, Driveway, Garage Door Opener, Paved, RV Access/Parking, Gravel
Garage spaces: 2

Accessibility

Accessibility features: Accessible Washer/Dryer, Safe Emergency Egress from Home, Standby Generator, Accessible Entrance

Features

Levels: One
Stories: 1
Patio & porch: Covered Patio, Front Porch, Open Porch
Exterior features: Entry Flat, Fire Pit
Has view: Yes
View description: Lake
Has water view: Yes
Water view: Lake

Lot

Size: 0.43 Acres
Features: Cleared, Irregular Lot, Landscaped, Level, Private

Details

Additional structures: Boat House, Workshop
Parcel number: 071111AA170000
Zoning description: R-1 Residential, Single Family
Special conditions: Standard
Other equipment: Generator

Construction

Type & style

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

Materials

Concrete
Foundation: Concrete Perimeter
Roof: Metal

Condition

New construction: No
Year built: 1967
Major remodel year: 2021

Utilities & green energy

Electric: 100 Amp Service
Sewer: Septic Tank
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Water Available

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Subdivision: Viewpoint

HOA

Has HOA: No

Location

Region: Otis

Financial & listing details

Price per square foot: $554/sqft
Tax assessed value: $1,033,260
Annual tax amount: $6,431
Date on market: 12/23/2025
Listing terms: 1031 Exchange,Cash,Conventional
Electric utility on property: Yes
Road surface type: Asphalt, Paved

Estimated market value

Not available

Estimated sales range

Not available

$3,180/mo

Price history

Date	Event	Price
7/3/2026	Price change	$1,049,000-5.1%$554/sqft
Source: OCMLS #LC-104700 Report a problem
4/24/2026	Price change	$1,105,000-1.8%$583/sqft
Source: OCMLS #LC-104700 Report a problem
3/6/2026	Price change	$1,125,000-0.9%$594/sqft
Source: OCMLS #LC-104700 Report a problem
1/9/2026	Price change	$1,135,000-1.3%$599/sqft
Source: OCMLS #LC-104700 Report a problem
12/16/2025	Listed for sale	$1,150,000+119%$607/sqft
Source: OCMLS #LC-104700 Report a problem
12/15/2017	Sold	$525,000-4.4%$277/sqft
Source: RMLS (OR) #17481683 Report a problem
10/15/2017	Pending sale	$549,000$290/sqft
Source: Taylor & Taylor Realty Company #17-2873 Report a problem
10/14/2017	Listed for sale	$549,000$290/sqft
Source: Taylor & Taylor Realty Company #17-2873 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$4,952 +3.3%	$403,030 +3%
2023	$4,795 +3%	$391,300 +3%
2022	$4,655 +4.5%	$379,910 +4.9%
2021	$4,452 +5.2%	$362,090 +3%
2020	$4,232	$351,550 +3%
2019	--	$341,320 +3%
2018	$4,120	$331,380 +3%
2017	$4,120 +13.5%	$321,730 +3%
2016	$3,629	$312,360 +3%
2015	$3,629 +4.7%	$303,270 +3%
2014	$3,464	$294,440 +3%
2013	$3,464 +6%	$285,870 +3%
2012	$3,267 +4.7%	$277,550 +3%
2011	$3,120 +2.9%	$269,470
2010	$3,032 +3.2%	$269,470 +6.1%
2009	$2,939 +2.6%	$254,010
2008	$2,865 +2.1%	$254,010 +6.1%
2007	$2,807	$239,440

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.

Get pre-qualified