Address
5740 Palisades Drive, Lincoln City, OR
Price
$ 575,000
Property Attributes
  • MLS#254004
  • TypeSingle Family
  • Listing Status Active
  • CountyLINCOLN
  • CityLincoln City
  • NeighborhoodCoronado Shores
  • Zip97367
  • StyleRanch
  • Year Built1988
  • Taxes$ 4071
  • Price$ 575,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1472
  • Lot Size0.31 Acres
Data Source:
Lincoln County MLS Oregon (LCMLS-O)
Property Description

Motivated Sellers. Price reduced. Move right in and enjoy for the summer! Tastefully updated one level home sits on easy care .31 acres, a 120x114 double lot in oceanside community Coronado Shores. Featuring rare 816 sqft 3 car detached garage and workshop with EV charging receptacle available, built in 2005. The updated kitchen in 2017 shines with Corian-style countertops, SS appliances, soft-close cabinetry, pull-out drawers, and warm wood flooring. This home features new in 2020 energy efficient Andersen windows with a transferable warranty, gas fireplace new in 2019, gas furnace new in 2023, hardwood flooring, new leaf filter gutters 2021 and plush newer carpet 2024. Enjoy the extra-large 3rd bedroom - just right for hobby space, bunk room or home office. The attached enclosed porch is perfect for a hot tub room, infrared sauna space or pet area. Outdoor living includes a gated backyard, covered dog run, and private patio. Super easy landscaping and the year-round filtered pond almost maintains itself! HOA dues are $469 per lot. Residents of Coronado Shores enjoy updated clubhouse, well-maintained saltwater pools and common areas, a stunning beachfront cabana-perfect for sunsets, whale watching or reserving for private events, multiple beach accesses, scenic trails, and a neighborhood park with a basketball hoop. Come discover why people love living here.

Price History
12/29/2025 Listed $675,000
12/31/2025 4$649,000
2/5/2026 2$639,000
3/17/2026 3$624,900
4/22/2026 3$610,000
5/20/2026 2$599,900
6/12/2026 1$594,900
7/28/2026 4$575,000

General Features

Heating Natural Gas,Forced Air
Cooling None
Utilities Cable Available,Electricity Connected,Natural Gas Connected,Sewer Connected,Utilities in Garage
Possession Close Of Escrow
Roof Tile
Appliances Dishwasher,Gas Range,Ice Maker,Microwave,Washer,Water Heater,Refrigerator
Zoning R-1-A Residential
HOA Fee 469.0
Garage Spaces 3.0
Association Fee Includes Insurance,Maintenance Grounds,Property Taxes for Common Areas
Patio/Porch Features Enclosed Porch,Front Porch,Open Patio
Architectural Style Ranch
Year Built 1988
Electric 220 Volts
Property Subtype Single Family Residence
Tax Year 2024
Community Features Street Lights
Assoc Fee Paid Per Annually
County Lincoln
Property Type Residential
HOA Yes
Attached Garage No
Subdivision Name Coronado Shores
Garage Y/N Yes
Other Structures Garage(s)
Total Rooms 7
Status Active
Directions Hwy 101 to Hillcrest. Follow to Balboa. Left at Palisades to house on left
City Lincoln City
Senior Community Y/N No
High School District Lincoln County School District
Lot Size Units Acres
Lot Size Square Feet 13503.6
Carport Y/N No
Year Built Details garage built 2005
Land Lease Y/N No
Tax Annual Amount 4071.24
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://www.zillow.com/view-3d-home/d3ab96a2-d797-4a18-b85a-8809850bb535?setAttribution=mls&wl=true&utm_source=dashboard
Standard Status Active

Interior Features

Interior Amenities Ceiling Fan(s),Pantry
Flooring Carpet,Vinyl,Wood
Furnished Y/N Unfurnished
Fireplace Features Gas
Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N Yes
Window Features Double Pane Windows,Insulated Windows
Fireplace Y/N Yes
Above Grade Finished Area 1472.0
Total Bedrooms 3
Below Grade Finished Area 0.0
Total Baths 2

Exterior Features

Parking Features Detached Garage,Electric Vehicle Charging Station(s),Garage Door Opener,RV Access/Parking,Workshop in Garage
Lot Features Landscaped,Level
Water Source Public
Lot Size Area 0.31
Foundation Details Concrete Perimeter,Crawl Space
Spa No
Building Area Total 1472.0
Lot Dimensions 120x114
Lot Size Acres 0.31
Road Surface Type Asphalt
Road Frontage Type City Street
Crops Included Y/N No
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 97367

Price
AVG $620K
$580K
Taxes
AVG $6,411
$4,071
Year Built
AVG 1989
1988
Visits
AVG 61
131
Data Provided by Inside Real Estate®

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