Closed

$745,000

5371/5373 NE Wave Ln, Lincoln City, OR 97367

4beds

4baths

2,108sqft

MultiFamily

Built in 2016

-- sqft lot

$764,800 Zestimate^®

$353/sqft

$2,515 Estimated rent

Home value

$764,800

$719,000 - $811,000

$2,515/mo

Zestimate^® history

Owner options

List your home for rent

$2,515/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$2,515/mo

Rent Zestimate^®

Refinance and save

$4,520/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$4,520/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

A great investment opportunity to own an excellent fully featured duplex on a large view lot in the beautiful Lincoln Palisades subdivision. Rent one unit, live in the other or utilize both for private extended family living. The beach, lake, hiking trails, golf course, casino and restaurants are nearby. This duplex has many custom features including a cedar redwood mantel made from a 500 year old slab and one unit even has an ensuite bath with Sauna! Each unit has its own fully enclosed sunroom to capture the forested mountain views, a gas fireplace, luxury vinyl plank flooring, a tankless water heater, A/C, individually metered utilities, attached 1 car garages, ramped entry and covered patios. The backyard is fully fenced & has a Gazebo, fire pit, hot tub ready pad with wiring & shed.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Heating

Has Heating (Unspecified Type)

Cooling

Has cooling: Yes

Appliances

Included: Dryer, Dishwasher, Gas Oven, Gas Range, Refrigerator, Washer, Water Heater

Features

Flooring: Vinyl
Windows: Window Treatments
Has basement: No
Has fireplace: Yes
Fireplace features: Gas

Interior area

Total structure area: 2,108
Total interior livable area: 2,108 sqft

Property

Parking

Total spaces: 6
Parking features: Attached Garage
Garage spaces: 2

Features

Levels: One
Stories: 1
Has view: Yes
View description: Mountain(s), Forest

Lot

Size: 0.34 Acres

Details

Additional structures: Shed(s)
Parcel number: 061135CD440000
Zoning description: R1-7.5

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional

Materials

Concrete
Foundation: Concrete Perimeter
Roof: Composition

Condition

Year built: 2016

Utilities & green energy

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

Community & HOA

Community

Subdivision: Lincoln Palisades

HOA

Has HOA: No

Location

Region: Lincoln City

Financial & listing details

Price per square foot: $353/sqft
Annual tax amount: $6,345
Date on market: 6/24/2023
Listing terms: 1031 Exchange,Cash,Conventional
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
12/14/2023	Sold	$745,000-3.1%$353/sqft
Source: OCMLS #LC-99075 Report a problem
11/23/2023	Pending sale	$769,000$365/sqft
Source: OCMLS #23-1236 Report a problem
11/18/2023	Contingent	$769,000$365/sqft
Source: OCMLS #23-1236 Report a problem
8/24/2023	Price change	$769,000-3.8%$365/sqft
Source: OCMLS #23-1236 Report a problem
8/11/2023	Price change	$799,000-2.6%$379/sqft
Source: OCMLS #23-1236 Report a problem
6/24/2023	Listed for sale	$820,000$389/sqft
Source: OCMLS #23-1236 Report a problem