$1,195,000

1938 Nw 40TH St, Lincoln City, OR 97367

  • 4 beds |
  • 6 baths |
  • 2,600 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 2025
  • Property Lot Size Icon9,148sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $460/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

New Construction & NO wait list for Nightly Vacation Rentals!! Discover coastal living at its finest in this stunning four-bedroom, five-and-a-half-bathroom home that perfectly balances luxury and comfort. With 2,600 square feet of thoughtfully designed space, this property offers an ideal retreat for both relaxation and entertaining. The heart of the home features a gourmet kitchen equipped with premium Thermador appliances, elegant quartz countertops, and a spacious island perfect for morning coffee or evening gatherings. Custom backsplash tile adds personality, while the open layout flows seamlessly into the living room with a sliding glass door out to the ocean view covered porch. 9' ceilings throughout enhance the sense of space, complemented by durable luxury vinyl plank flooring that combines stylewith practicality. The home maintain comfort year-round with central air conditioning, while the gas fireplace provides a cozy ambiance during cooler evenings. Step outside to covered porches that extend your living space or enjoy the ocean view balcony where you can savor the beautiful Pacific Ocean evening sunsets. The elevated perspective offers breathtaking coastal vistas that never grow old.This property presents an exceptional investment opportunity as a nightly vacation rental with no waiting list, offering immediate income potential. The home's prime location puts you steps from Safeway for convenient shopping, close to Chinook Winds Casino, and easy beach access for miles of sandy walk or exploring in the Tide pools. Whether you're seeking a primary residence, vacation getaway, or investment property, this coastal gem delivers on all fronts with its blend of luxury amenities, practical features, and unbeatable location near Oregon's beautiful coastline.

Listing Status:
Active
Date Added:
September 24, 2025 at 05:00AM
Listing Office:
Realty One Group At The Beach : 503-881-2313
Listing Agent:
Nadine Hankins : 503-801-5755
MLS ID:
530544564
  • General: Garage door openerGraniteHigh ceilingsLuxury vinyl plank
  • Appliances: Builtin rangeDishwasherGas appliancesGraniteIslandMicrowavePlumbed for ice makerPot filler
  • Basement: Crawl space
  • Heating: Forced air
  • Fireplace: Gas
  • Disability Feature: Garageon main
  • General: Cement siding
  • Style: Craftsman
  • Parking: DrivewayParking spaces: 1
  • Roofing: Composition
  • Windows: DoublePaneWindows
  • General: Concrete perimeter
  • Road/Access: Paved
  • HOA Amenities: 120.0Monthly
  • Originating MLS: Regional Multiple Listing ServiceInc.
  • County: Lincoln
  • Zoning: RCPROPERTY ID R325302 P.P. 2021-24PARCEL 1ACRES 0.39DOC202106R325302
  • View: View
  • Water: Public water
  • Sewer: Public sewer
  • Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Nadine Hankins, Realty One Group At The Beach

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

O

Oceanlake Elementary School

2420 NE 22nd St, Lincoln City, OR, 97367

Grades KG-2

1.03 miles away

T

Taft Middle & High School

3780 SE Spy Glass Ridge Dr, Lincoln City, OR, 97367

Grades 7-12

4.00 miles away

T

Taft Middle & High School

3780 SE Spy Glass Ridge Dr, Lincoln City, OR, 97367

Grades 7-12

4.00 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.