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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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1938 NW 40th St , Lincoln City, OR 97367
$975,000
Est. Payment: $4,902.46/mo
4 Bed
5.5 Bath
2600 Sqft
Status: active | Days on site: 278
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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.

Highlights

Listed by Nadine Hankins , 503-801-5755 Realty One Group At The Beach , 503-881-2313. Portland Regional Multiple Listing Service mls logo

Property Type

Residential

Lot/Acreage
0.21

HOA Fee

140 Monthly

Year Built

2025

County

Lincoln

Area

200 - Lincoln County

Listing ID

530544564

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:5.5
  • Full Bathrooms:5
  • 1/2 Bathrooms:1
Appliances:Built-in Range, Built-in Refrigerator, Dishwasher, Gas Appliances, Granite, Island, Microwave, Plumbed For Ice Maker, Pot Filler, Trash Compactor
Air Cond:Central Air
Fireplaces:Gas
Basement:Crawl Space
Other:Garage Door Opener,High Ceilings,LuxuryVinylPlank,Quartz,Vaulted Ceiling(s),Master on Main
Other:Public Water

Exterior Features

Lot:Ocean Beach 1/4 Mile or Less
Garage Capacity:1
Zoning:RC
Roof:Composition
Others:Covered Deck,New Construction
Sewer:Public Sewer
Parking Features:Attached,Driveway
Principal Interest
$4,902
Taxes
$190
HOA
$140

Home Price

$975,000

Loan Details

30 yrs
6.446%

Down Payment

20%
$195,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,902.46

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $4,902.46 $190.28 $140.00 $5,232.74
Yearly $58,829.56 $2,283.33 $1,680.00 $62,792.89
Total $1,764,886.69 $68,499.90 $50,400.00 $1,883,786.59

Today's Rates

30 Year

6.45%

20 Year

6.23%

15 Year

5.73%

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Market insight data is pulled from the same city as the listing being viewed (Lincoln City, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

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Data last updated: 2026-07-24T01:19:15.000Z

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