Rare lakefront opportunity in Lincoln City with highly sought-after zoning that permits short-term vacation rentals 365 days per year—an increasingly rare feature on the Oregon Coast. Licensed and operating as a successful, established vacation rental, this custom Craftsman home offers four bedrooms, three and a half baths, and the perfect blend of lifestyle and investment potential. Designed to showcase stunning lake views, the home features three separate living areas, two gas fireplaces, a private sauna, a wet bar with a mini fridge, and expansive outdoor entertaining spaces. Open Nano doors create seamless indoor-outdoor living, while the gourmet kitchen is appointed with quartz countertops, a large island, a gas range, a farmhouse sink, soft-close cabinetry, and a pantry. Two ensuite primary bedrooms—including one on the main level—provide flexibility for owners and guests alike. Upstairs, a spacious bunk loft features two twin-over-full bunk beds, creating a fun and functional space for additional guests. With accommodations for 12-14 guests, the home is ideally suited for large gatherings, multi-generational vacations, and strong vacation rental demand. Recent upgrades include a swim platform, Trex decking, a hot tub, and a private boat dock, making it easy to enjoy boating, swimming, paddleboarding, and all that lakefront living has to offer. Located just minutes from Lincoln City's beaches, shopping, dining, Devils Lake recreation, hiking trails, and Chinook Winds Casino, this exceptional waterfront property presents a rare opportunity to own a home that can be enjoyed personally while generating income year-round. Whether you're seeking a proven investment property, a private retreat, or the best of both worlds, this unique lakefront residence offers outstanding versatility, year-round rental flexibility, and exceptional income potential.
Active
$1,450,000
3820 NE West Devils Lake Rd, Lincoln City, OR 97367
4beds
3,177sqft
Single Family Residence
Built in 2021
5,227 Square Feet Lot
$1,398,800 Zestimate®
$456/sqft
$-- HOA
What's special
Lakefront opportunityTwo gas fireplacesPrivate saunaSwim platformHot tubSpacious bunk loftFarmhouse sink
- 8 days |
- 588 |
- 34 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Hannah Katz 541-418-3101,
Coldwell Banker Professional Group - Lincoln City
Source: OCMLS,MLS#: 26-1755
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Description: Suite
Bedroom 2
- Description: Guest Suite
Bathroom
- Description: Primary
Bonus room
- Description: Built-in-bunkbeds
Family room
- Description: Fireplace/Kitchenette/Dining Area
Living room
- Description: Fireplace
Heating
- Forced Air, Natural Gas
Cooling
- Ceiling Fan(s)
Appliances
- Included: Dryer, Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Washer, Water Heater
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Double Vanity, Kitchen Island, Open Floorplan, Pantry, Sauna, Wet Bar, Walk-In Closet(s), Hand-held Shower Head, Vaulted Ceiling(s), Coffered Ceiling(s), Ceiling Fan(s)
- Flooring: Carpet, Tile
- Windows: Double Pane Windows, Window Treatments, Vinyl Frames
- Basement: Finished
- Number of fireplaces: 2
- Fireplace features: Gas
Interior area
- Total structure area: 3,177
- Total interior livable area: 3,177 sqft
- Finished area above ground: 3,177
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: Driveway
Features
- Levels: Tri-Level
- Patio & porch: Deck, Covered Porch
- Exterior features: Other, Spa/Hot Tub
- Has view: Yes
- View description: Panoramic, Lake
- Has water view: Yes
- Water view: Lake
Lot
- Size: 5,227 Square Feet
Details
- Parcel number: 071102BD290200
- Zoning description: RC - Recreational Commercial
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Single Family Residence
Materials
- Shake Siding, Cedar
- Foundation: Concrete Perimeter, Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 2021
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Lakonia
HOA
- Has HOA: No
Location
- Region: Lincoln City
Financial & listing details
- Price per square foot: $456/sqft
- Annual tax amount: $10,633
- Date on market: 6/24/2026
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$1,398,800
$1.33M - $1.47M
$4,327/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Listed for sale | $1,450,000+16%$456/sqft |
Source:  OCMLS #26-1755 Report a problem | ||
| 1/3/2022 | Sold | $1,250,000-2%$393/sqft |
Source: OCMLS #LC-94656 Report a problem | ||
| 9/20/2021 | Pending sale | $1,275,000$401/sqft |
Source: OCMLS #21-2160 Report a problem | ||
| 9/19/2021 | Listed for sale | $1,275,000$401/sqft |
Source: OCMLS #21-2160 Report a problem | ||
| 9/14/2021 | Pending sale | $1,275,000$401/sqft |
Source: OCMLS #21-2160 Report a problem | ||
| 9/2/2021 | Listed for sale | $1,275,000$401/sqft |
Source: OCMLS #21-2160 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
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
Nearby schools
GreatSchools rating
- NAOceanlake Elementary SchoolGrades: K-2Distance: 1 mi
- 6/10Taft Middle SchoolGrades: 7-8Distance: 4.3 mi
- 3/10Taft High SchoolGrades: 9-12Distance: 4.1 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Lincoln County
- Lincoln City
- 97367
- 3820 NE West Devils Lake Rd
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