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$1,195,000
199 Days On Site

1938 NW 40th Street
Lincoln City, OR 97367

For Sale|Single Family Residence|Active
4
Beds
6
Total Baths
5
Full Baths
1
Partial Bath
2,600
SqFt
$460
/SqFt
2025
Built
County:
Lincoln
Call Now: (541) 270-2814
Is this the listing for you? We can help make it yours.
(541) 270-2814
1938 NW 40th Street1938 NW 40th Street1938 NW 40th Street1938 NW 40th Street
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Monthly Payment (Est.)

$5,452
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

New Construction & NO wait list for STR!! 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 style with 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.

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Listing Snapshot
Price 
$1,195,000
Days On Site 
199 Days
Bedrooms 
4
Inside Area (SqFt) 
2,600 sqft
Total Baths 
6
Full Baths 
5
Partial Baths 
1
Lot Size 
0.21 Acres
Year Built 
2025
MLS® Number 
LC-104629
Status 
Active
Property Tax 
$2,283.33
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Owner
Friends & Family
Recent Activity
7 months agoStatus changed to Active
7 months agoListing updated with changes from the MLS®
7 months agoListing first seen on site
General Features
Acres 
0.21
Foundation 
Concrete Perimeter
Garage 
Yes
Garage Spaces 
1
Levels 
Two
Number Of Stories 
2
Parking 
Attached
Property Condition 
New Construction
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
SqFt Above 
2600
SqFt Total 
2600
Style 
Craftsman
Utilities 
Electricity ConnectedNatural Gas ConnectedWater Available
Water Source 
Public
Zoning 
RC - Recreational Commerc
Interior Features
Appliances 
DishwasherGas OvenGas RangeMicrowaveRefrigeratorWater Heater
Cooling 
Central Air
Fireplace 
Yes
Fireplace Features 
Gas
Fireplaces 
1
Flooring 
CarpetTileVinyl
Heating 
Forced AirNatural Gas
Interior 
Vaulted Ceiling(s)
Bathroom 
Level - Main
Bedroom 2 
Level - Upper
Bedroom 3 
Level - Upper
Bedroom 4 
Level - Upper
Bonus Room 
Level - UpperDescription - Open Bunk Room
Dining Room 
Level - Main
Family Room 
Level - Upper
Kitchen 
Level - Main
Living Room 
Level - Main
Primary Bedroom 
Level - Main
Utility Room 
Level - Main
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Exterior Features
Construction Details 
Concrete
Lot Features 
Irregular Lot
Other Structures 
None
Roof 
Composition
View 
Other
Waterview 
Other
Community Features
Financing Terms Available 
1031 ExchangeCashConventional
Roads 
GravelPaved
Listing courtesy of Nadine Hankins of Realty One Group At the Beach, (503) 801-5755

Listing information is provided by Participants of the Oregon Coast MLS. IDX information is provided exclusively for 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 is deemed reliable but not guaranteed. Copyright 2026, Oregon Coast MLS.
Last checked 2026-03-02 06:50 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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