3449 Ne 40th Ct, Lincoln City, OR 97364

Property Description

Hidden Cove Beckons — a rare 5 bedroom lakefront sanctuary where thoughtful universal design meets the timeless beauty of the Oregon Coast. Tucked quietly among blooming waterlilies on the peaceful shores of Devil's Lake, this one-of-a-kind barrier-free property was created for effortless living, comfort, and connection to nature at every stage of life. Designed with accessibility and ease in mind, this universally designed multiplex offers main-level living in every residence, with elevator access to the lower-level units for seamless mobility. Wide doorways, pocket doors, built-ins, deep garages, central vac, and carefully considered spaces create a home that feels both elegant and welcoming — whether for full-time living, multigenerational living, retirement, or a peaceful coastal retreat. A whimsical lily pad-shaped dock invites residents to enjoy the calm waters of Devil's Lake with ease, offering a gentle and accessible connection to kayaking, wildlife watching, fishing, or simply soaking in the serenity of lakeside life. Ducks paddle quietly by while birdsong fills the air from your own private outdoor sanctuary. The lower unit has a swim spa with easy sit-down access offers year-round soaking and exercise surrounded by nature. The property currently generates annual income with three beautifully appointed units plus a bonus studio, presenting an exceptional opportunity for both lifestyle and investment. Potential future uses may include condominiums, bed and breakfast, senior living apartments, an artist retreat, wellness escape, or a family compound. Three lakefront primary suites open to expansive private decks. Quality craftsmanship shines throughout, local cedar shake siding and the home's energy-efficient hillside construction creates remarkably low utility costs. In fact, the owner rarely needed supplemental heat over the past 20 years. On cool evenings, the double-sided fireplaces provide warmth within minutes, while fresh ocean breezes drifting in through screened doors eliminate the need for air conditioning. Set on a generous lot just moments from the beach, this private retreat is located in the quiet enclave of Neotsu on the north end of Devil's Lake, directly across from the Chinook Winds Golf Course and adjacent to tribal trust land. City water and sewer place, a rare advantage in this area as future infrastructure requirements evolve. Tucked away on a secluded cul-de-sac with only two neighboring lakefront homes, the setting offers extraordinary privacy while remaining conveniently close to the hospital, post office, grocery stores, banking, and everyday essentials. Recent updates include sealed driveway, newer water heaters, exterior paint, and roof replacement approximately four years ago. There is truly nothing else like this available on the Oregon Coast — a visionary "outside-the-box" property designed for those seeking beauty, accessibility, peace of mind, and a gentler way of living by the water.