Price Reduction: Nestled in the heart of Lincoln City, this 1 level, three-bedroom, two-bath residence offers a nice home, set in a welcoming neighborhood populated by families and retirees. It promises a quiet street where life moves at a comfortable pace. Just a hop, skip, and a jump away, lies D Lake, making every outing feel like a mini-adventure. For those who crave the sea, beach access, and or Kite flying there is public parking area offering easy strolls to the surf and sand. Upon entering, you're greeted by freshly painted walls and elegant bamboo flooring, a cozy gas fireplace, making it perfect for both lively gatherings and quiet nights in. Efficient ceiling fans ensure a gentle breeze throughout the house. The kitchen complete with under-cabinet lighting, An island and dedicated eating area cater to all your culinary needs, while all major appliances—including the washer and dryer—are included for your convenience. Step outside to discover a private oasis where a quaint courtyard and patio are for leisurely afternoons. The backyard’s natural terraces cascade into a picturesque canyon—the ideal backdrop for vibrant wildlife, including deer that often meander nearby. This property doesn’t just offer a place to live; it promises a lifestyle of comfort, ease, and natural beauty.
Sold
$439,900
500 SE Neptune Ave, Lincoln City, OR 97367
3beds
1,056sqft
Residential, Single Family Residence
Built in 2005
5,227 Square Feet Lot
$414,300 Zestimate®
$417/sqft
$2,405 Estimated rent
Home value
$414,300
$348,000 - $493,000
$2,405/mo
Zestimate® history
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$2,686/mo
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List your homeWhat's special
Cozy gas fireplacePrivate oasisPicturesque canyonQuaint courtyardFreshly painted wallsDedicated eating areaEfficient ceiling fans
Zillow last checked:
Listing updated:
Listed by:
Linda Burns 503-422-0734,
Pete Anderson Realty Assoc,Inc
Bought with:
Linda Burns, 200510072
Pete Anderson Realty Assoc,Inc
Source: RMLS (OR),MLS#: 581383180
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
Rooms
- Room types: Laundry, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Bathroom, Exterior Entry, Closet
- Level: Main
- Area: 168
- Dimensions: 12 x 14
Bedroom 2
- Features: Ceiling Fan, Closet
- Level: Main
- Area: 90
- Dimensions: 9 x 10
Bedroom 3
- Features: Closet
- Level: Main
- Area: 90
- Dimensions: 9 x 10
Dining room
- Level: Main
- Area: 27
- Dimensions: 3 x 9
Kitchen
- Features: Dishwasher, Disposal, Eating Area, Island, Sliding Doors, Free Standing Range, Free Standing Refrigerator
- Level: Main
- Area: 126
- Width: 14
Living room
- Features: Ceiling Fan, Fireplace, High Ceilings, High Speed Internet
- Level: Main
- Area: 288
- Dimensions: 16 x 18
Heating
- Forced Air, Fireplace(s)
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Free-Standing Range, Free-Standing Refrigerator, Washer/Dryer, Appliance Garage, Gas Water Heater
Features
- Ceiling Fan(s), High Ceilings, High Speed Internet, Closet, Eat-in Kitchen, Kitchen Island, Bathroom
- Flooring: Bamboo, Tile, Wall to Wall Carpet
- Doors: Sliding Doors
- Windows: Vinyl Frames
- Basement: Crawl Space
- Fireplace features: Gas
Interior area
- Total structure area: 1,056
- Total interior livable area: 1,056 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, RV Access/Parking, Garage Door Opener, Attached
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Entrance, Garage On Main, One Level, Accessibility
Features
- Stories: 2
- Patio & porch: Patio, Porch
- Exterior features: Fire Pit, Yard, Exterior Entry
- Fencing: Fenced
- Has view: Yes
- View description: Territorial
Lot
- Size: 5,227 Square Feet
- Features: Level, Terraced, SqFt 5000 to 6999
Details
- Additional structures: RVParking, ToolShed
- Parcel number: R520178
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Cement Siding, T111 Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 2005
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Community
- Security: Security Lights
HOA
- Has HOA: No
Location
- Region: Lincoln City
Financial & listing details
- Price per square foot: $417/sqft
- Tax assessed value: $354,180
- Annual tax amount: $2,674
- Date on market: 3/4/2025
- Cumulative days on market: 231 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2025 | Sold | $439,900$417/sqft |
Source:  RMLS (OR) #581383180 Report a problem | ||
| 6/15/2025 | Pending sale | $439,900$417/sqft |
Source: RMLS (OR) #581383180 Report a problem | ||
| 5/13/2025 | Price change | $439,900-2.2%$417/sqft |
Source: RMLS (OR) #581383180 Report a problem | ||
| 3/5/2025 | Listed for sale | $449,900+161.6%$426/sqft |
Source: RMLS (OR) #581383180 Report a problem | ||
| 9/23/2005 | Sold | $172,000+855.6%$163/sqft |
Source: Public Record Report a problem | ||
| 12/23/2004 | Sold | $18,000$17/sqft |
Source:  OCMLS #04-2587 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,594 +2.8% | $156,870 +3% |
| 2023 | $2,523 +2.9% | $152,310 +3% |
| 2022 | $2,453 +1.8% | $147,880 +3% |
| 2021 | $2,409 +5.5% | $143,580 +3% |
| 2020 | $2,283 | $139,400 +3% |
| 2019 | -- | $135,340 +3% |
| 2018 | $2,222 | $131,400 +3% |
| 2017 | $2,222 +11.4% | $127,580 +3% |
| 2016 | $1,995 | $123,870 +3% |
| 2015 | $1,995 +4.9% | $120,270 +3% |
| 2014 | $1,901 | $116,770 +3% |
| 2013 | $1,901 +4.3% | $113,370 +3% |
| 2012 | $1,822 +4.1% | $110,070 +3% |
| 2011 | $1,750 +4.1% | $106,870 |
| 2010 | $1,681 +3.1% | $106,870 +6.1% |
| 2009 | $1,629 +2.6% | $100,740 |
| 2008 | $1,587 +2.3% | $100,740 +6.1% |
| 2007 | $1,552 | $94,970 |
Find assessor info on the county website
Neighborhood: 97367
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Nearby schools
GreatSchools rating
- NAOceanlake Elementary SchoolGrades: K-2Distance: 1.2 mi
- 6/10Taft Middle SchoolGrades: 7-8Distance: 2 mi
- 3/10Taft High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Oceanlake
- Middle: Taft
- High: Taft
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Oregon
- Lincoln County
- Lincoln City
- 97367
- 500 SE Neptune Ave
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