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$1,175,000

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 2,414 Sq. Ft.
  • Updated 7 days ago
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4897 NE East Devils Lake Rd, Otis, ORVideo Tour of 4897 NE East Devils Lake Rd, Otis, OR.
Experience the rare opportunity to own one of the newest luxury lake homes, a striking 2024-built contemporary retreat offering 100+ feet of waterfront, private ski dock access, and effortless lake living. Tucked away in the peaceful Horseshoe Bay cove, this exceptional property combines modern design, privacy, and breathtaking southwest exposure with abundant wildlife and a true sanctuary feel. The thoughtfully designed home features dual primary suites with spa-inspired rain showers, including a main-level primary retreat with a soaking tub and private deck overlooking the outdoors. The open-concept living space showcases a stunning gourmet kitchen with a 36" gas range, wall oven/microwave combo, stainless steel appliances, soft-close cabinetry, and an expansive island perfect for entertaining. Enjoy year-round relaxation with the outdoor lounge deck, barrel sauna, and seamless indoor-outdoor living. Built above flood elevation with no flood insurance required, this energy-efficient home includes gas forced-air heating, on-demand hot water, gas fireplace, exterior gas stub, and hot/cold outdoor water access. A large private fenced lot offers incredible space for recreation with RV parking, boat parking, and the opportunity to join the short-term rental waiting list. Whether you're seeking a luxury lake retreat, full-time residence, or investment opportunity, this one-of-a-kind waterfront home delivers the ultimate combination of contemporary architecture, premium amenities, and unforgettable lakefront living.

Full Property Details for 4897 NE East Devils Lake Rd

General

  • Price: $1,175,000
  • Taxes: $7,227 (2025)
  • Status: Active
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 327483614
  • Updated: 7/21/2026
  • Added to Site: 7 day(s) ago

Interior

  • Interior Features: Garage Door Opener, Hookup Available, Luxury Vinyl Plank, Soaking Tub, Vaulted Ceiling(s), Wall to Wall Carpet, Washer/Dryer
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas
  • Appliances: Dishwasher, Free-Standing Gas Range, Free-Standing Refrigerator, Island, Microwave

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 1
  • Upper - Full Baths: 2
  • Main - Full Baths: 1

Bedrooms

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

Other Rooms

  • Living Room: Main
  • Kitchen: Main
  • Dining Room: Main
  • Office/Den/Study: Upper
  • Laundry: Main

Exterior

  • Exterior Features: Deck, Porch, RV Parking, RV/Boat Storage, Sauna

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Total Spaces: 2
  • Parking Features: Driveway, RV Access/Parking

Location

  • County: Lincoln
  • Subdivision: Horseshoe Bay
  • Driving Directions: Take Highway 101 to NE Devils Lake Road, then continue to the address.

School Information

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

Community

  • Community Name: 200 - Lincoln County

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air
  • Heating Fuel: Gas

Utilities

  • Sewer: Septic Tank
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Architectural Style: Contemporary
  • Roof: Composition, Metal
  • Windows: Double Pane Windows
  • Stories/Levels: 2
  • Square Feet: 2,414
  • Year Built: 2024
  • Property Condition: Resale

Lot Features

  • Lot Size (Acres): 0.3
  • Lot Size (Sq. Ft.): 13,068
  • Lot Size: 10, 000 to 14, 999 SqFt
  • Frontage: Paved

Water Features

  • Water Front: Yes
  • Water Front Desc.: Lake
  • Lake Front: Yes

Financial Considerations

  • Tax Amount: $7,227.36
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: PROPERTY ID R48845 HORSESHOE BAY, LOT 9, DOC202108897
  • Disclosures/Reports: Disclosure
  • Property ID: R48845

Listed by Coldwell Banker Professional (503) 538-0468, Hannah Katz (541) 418-3101

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Listing agent

— 4897 NE East Devils Lake Rd —

  • Hannah Katz

    Coldwell Banker Professional

    503-538-0468

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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 4897 NE East Devils Lake Rd

School District:Lincoln County School District
NameGradesDistance
Oceanlake Elementary School
2420 Northeast 22nd Street, Lincoln City, OR 97367
K-21.9 mi
Taft Elementary School
4040 Southeast High School Drive, Lincoln City, OR 97367
3-64.9 mi
Taft High School
3780 Southeast Spy Glass Ridge Drive, Lincoln City, OR 97367
7-124.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4897 NE East Devils Lake Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/21/2026
Listed
$1,175,000
38.39%
MLS
2/12/2026
Sold
$849,063
—
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 4897 NE East Devils Lake Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,227
510%
$576,230
516%
2024
$1,184
179%
$93,480
178%
2023
$425
9%
$33,630
6%
2021
$390
-6%
$31,710
-3%
2022
$413
6%
$32,660
6%
2021
$390
6%
$30,790
3%
2019
$368
2%
$29,900
3%
2018
$361
5%
$29,030
3%
2017
$344
12%
$28,190
3%
2016
$307
-1%
$27,370
—
2015
$310
—
$27,370
1%
2014
$309
—
$27,070
3%
2013
$308
—
$26,290
—
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.

Estimate the Cost for 4897 NE East Devils Lake Rd

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Listed by Coldwell Banker Professional (503) 538-0468, Hannah Katz (541) 418-3101

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Price Reduced near 4897 NE East Devils Lake Rd

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5300 NE 49th St, Neotsu, OR 97364 - Photo 1 Price Reduced
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5300 NE 49th St  Neotsu, OR 97364

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Recent Sales near 4897 NE East Devils Lake Rd

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7667 NE Park Ln, Otis, OR 97368 - Photo 1 Sold
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7667 NE Park Ln  Otis, OR 97368

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1635 NE East Devils Lake Rd  Otis, OR 97368

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3215 NW Inlet Ave  Lincoln City, OR 97367

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    Total Baths
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    Sq. Ft.
Listed by Keller Williams Sunset Corridor, Catherine Lewis and Keller Williams Sunset Corridor, Sierra Lauder
Sold by Premiere Property Group, LLC, Steve Nassar

4897 NE East Devils Lake Rd, Otis, OR 97368 (MLS# 327483614) is a Single Family property with 2 bedrooms, 3 full bathrooms and 1 partial bathroom. 4897 NE East Devils Lake Rd is currently listed for $1,175,000 and was received on July 21, 2026. Want to learn more about 4897 NE East Devils Lake Rd? Do you have questions about finding other Single Family real estate for sale in Otis? You can browse all Otis real estate or contact a Coldwell Banker agent to request more information.

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