1938 NW 40th St, Lincoln City, OR 97367 | MLS ID 530544564

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Presented by: Pavel Borisyuk
DAT Real Estate Solutions
Phone: (503) 400-7995

$1,195,000

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.

Information

Address:

1938 NW 40th St
Lincoln City, OR 97367

Bedrooms: 4

Bathrooms: 5 full 1 partial

Square Feet: 2600

Type: Craftsman

Area/School Dist: Lincoln County

MLS ID: 530544564

Status: Active

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Features

Garage: 1 car attached
Taxes: $2,283
Roof Type: Composition
Exterior: Cement Siding
Parking Notes: Attached, Driveway
Special View Info: Ocean
Lot Size: 0.21 Acres
Heating: Forced Air
Fuel Type: Electricity, Gas
Year Built: 2025
Water: Public Water
Sewer: Public Sewer
Stories: 2.0
Accessibility: Garage on Main
Basement: Crawl Space
Bathroom Description: 1.1 (Main), 4.0 (Upper)
Fireplace: Gas
HOA Fee Description: Fee 1 - $120.00 (Monthly)
Hot Water Description: Tankless
Interior: Garage Door Opener, Granite, High Ceilings, LuxuryVinylPlank
Kitchen: Built-in Range, Dishwasher, Gas Appliances, Granite, Island, Microwave, Plumbed For Ice Maker, Pot Filler
Lot Description: Ocean Beach 1-4 Mile or Less
Square Footage Description: 1235 (Main), 1365 (Upper)

School Information

High School: Taft
Middle School: Taft
Elementary School: Oceanlake

Mortgage Information

Agency/Agent Information

Shown By:
  Agent Name: Pavel Borisyuk
  Agent Phone: (503) 400-7995
  Agency Name: DAT Real Estate Solutions

Listed By
   Realty One Group At The Beach
  Agency Phone: 503-881-2313

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/17/2026. The listing information on this page last changed on 04/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/17/2026 5:32:41 AM EST) or RMLS (last updated Fri 04/17/2026 1:50:20 AM EST) or Willamette Valley MLS (last updated Thu 04/16/2026 11:50:55 PM EST). Real estate listings held by brokerage firms other than DAT Real Estate Solutions may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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