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$1,195,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 5 Full Baths
  • 1 Partial Bath
  • 2,600 Sq. Ft.
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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.

Full Property Details for 1938 NW 40th St

General

  • Price: $1,195,000
  • HOA FEE: $120/month
  • Taxes: $2,283 (2024)
  • Status: Active
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 530544564
  • Updated: 11/25/2025
  • Added to Site: 116 day(s) ago

Interior

  • Interior Features: Garage Door Opener, Granite, High Ceilings, Luxury Vinyl Plank
  • Fireplace(s): Gas
  • Appliances: Built-in Range, Dishwasher, Gas Appliances, Granite, Island, Microwave, Plumbed For Ice Maker, Pot Filler

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 1
  • Upper - Full Baths: 4
  • Main - Full Baths: 1

Bedrooms

  • Total Bedrooms: 4
  • Primary Bedroom: Main
  • Bedroom 2: Upper
  • Bedroom 3: Upper
  • Bedroom 4: Upper

Other Rooms

  • Living Room: Main
  • Family Room: Upper
  • Kitchen: Main
  • Dining Room: Main

Additional Information

  • Security/Safety: Security Gate

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Total Spaces: 1
  • Parking Features: Driveway

Location

  • County: Lincoln
  • Driving Directions: From Hwy 101 turn west on NW 40th. Entrance to The Sands subdivision will be on the right.

School Information

  • Elem School District: Taft
  • Elementary School: Oceanlake
  • Middle School: Taft
  • High School: Taft

Community

  • Community Name: 200 - Lincoln County
  • Association: Yes

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Electricity, Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Architectural Style: Craftsman
  • Basement Desc.: Crawl Space
  • Roof: Composition
  • Windows: Double Pane Windows
  • Stories/Levels: 2
  • Square Feet: 2,600
  • Year Built: 2025
  • Property Condition: New Construction

Lot Features

  • Lot Size (Acres): 0.21
  • Lot Size (Sq. Ft.): 9,147
  • Lot Size: 7, 000 to 9, 999 SqFt
  • Frontage: Paved
  • Lot Features: Ocean Beach 1/4 Mile or Less

Financial Considerations

  • Association Fee: $120
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $2,283.33
  • Tax Year: 2024
  • Terms: Cash, Conventional, Other

Disclosures and Reports

  • Legal Description: PROPERTY ID R325302 P.P. 2021-24, PARCEL 1, ACRES 0.39, DOC202106
  • Disclosures/Reports: Exempt
  • Property ID: R325302

Listed by Realty One Group At The Beach (503) 881-2313, Nadine Hankins (503) 801-5755

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Listing agent

— 1938 NW 40th St —

  • Nadine Hankins

    Realty One Group At The Beach

    503-881-2313

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1938 NW 40th St

School District:Lincoln County School District
NameGradesDistance
Oceanlake Elementary School
2420 Northeast 22nd Street, Lincoln City, OR 97367
K-21 mi
Taft Elementary School
4040 Southeast High School Drive, Lincoln City, OR 97367
3-64.2 mi
Taft High School
3780 Southeast Spy Glass Ridge Drive, Lincoln City, OR 97367
7-124 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1938 NW 40th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/24/2025
Listed
$1,195,000
83.85%
MLS
5/12/2021
Sold
$650,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1938 NW 40th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,319
2%
$137,940
3%
2024
$2,283
3%
$133,930
3%
2023
$2,220
-75%
$130,030
-75%
2021
$8,873
311%
$528,950
319%
2022
$2,159
-76%
$126,250
-75%
2021
$8,873
6%
$513,550
3%
2019
$8,374
2%
$498,600
3%
2018
$8,186
4%
$484,080
3%
2017
$7,834
7%
$469,990
3%
2016
$7,348
2%
$456,310
3%
2015
$7,183
3%
$443,020
3%
2014
$7,001
3%
$430,120
3%
2013
$6,772
—
$417,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Realty One Group At The Beach (503) 881-2313, Nadine Hankins (503) 801-5755

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1938 NW 40th St, Lincoln City, OR 97367 (MLS# 530544564) is a Single Family property with 4 bedrooms, 5 full bathrooms and 1 partial bathroom. 1938 NW 40th St is currently listed for $1,195,000 and was received on September 24, 2025. Want to learn more about 1938 NW 40th St? Do you have questions about finding other Single Family real estate for sale in Lincoln City? You can browse all Lincoln City real estate or contact a Coldwell Banker agent to request more information.

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