Price Reduction - New Construction
Address
5244 Ne Wave Lane, Lincoln City, OR
Price
$ 696,000
Property Attributes
  • MLS#LC105025
  • TypeSingle Family
  • Listing Status Active
  • CountyLINCOLN
  • CityLincoln City
  • NeighborhoodLincoln Palisades
  • Zip97367
  • StyleTraditional
  • Year Built2025
  • Taxes$ 837
  • Price$ 696,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1670
  • Lot Size0.02 Acres
Data Source:
Lincoln County MLS Oregon (LCMLS-O)
Property Description

This stunning new construction coastal home is perfectly located near grocery stores, the casino, the beach, and the lake, offering the ideal blend of convenience and Pacific Northwest coastal living. Step inside to a bright, inviting open-concept floor plan where a spectacular 12-ft wide sliding glass door with an 8-ft opening effortlessly blends indoor-outdoor living, leading to a spacious Trex-style deck perfect for entertaining, relaxing, and outdoor dining. Additional highlights include luxury LVT flooring throughout, a beautiful gas stone fireplace, and elegant coffered ceilings. The modern chef's kitchen features gorgeous granite countertops, stainless steel appliances, a gas range, and a walk-in pantry, perfect for cooking and hosting gatherings. The primary suite retreat offers a walk-in closet and a sleek step-in shower, creating a comfortable and private space to unwind. This move-in ready home near the beach offers the perfect combination of modern design, quality finishes, and sought-after coastal location. The listing agent, Marissa Hall has a Finacial interest in the sale of property, as the builder is her fiancé.

Price History
12/29/2025 Listed $725,000
5/4/2026 3$710,000
9/9/2026 2$696,000

General Features

Heating Natural Gas,Forced Air
Utilities Electricity Connected,Natural Gas Connected,Water Available
Possession Close Of Escrow
Roof Composition
Appliances Dishwasher,Gas Oven,Gas Range,Microwave,Water Heater,Gas Cooktop,Refrigerator
Zoning R7.5
Garage Spaces 2.0
Patio/Porch Features Covered Porch,Deck
Architectural Style Traditional
Year Built 2025
Property Subtype Single Family Residence
Tax Year 2024
County Lincoln
Property Type Residential
HOA No
Attached Garage No
Subdivision Name Lincoln Palisades
Garage Y/N Yes
Other Structures None
Total Rooms 9
Status Active
Directions HWY 101 to Logan RD,Right on Port LN,Right on Voyage,Left on NE 51st St to corner Lot of Wave and 51st.
City Lincoln City
Senior Community Y/N No
Lot Size Units Acres
Lot Size Square Feet 871.2
Carport Y/N No
Land Lease Y/N No
Tax Annual Amount 837.03
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/1fbecc2d-c8f7-4a5c-9580-adadd9bba2d0?setAttribution=mls&wl=true&utm_source=dashboard
Standard Status Active

Interior Features

Interior Amenities Vaulted Ceilings
Flooring Vinyl
Fireplace Features Gas
Basement (Y/N) No
Heating Y/N Yes
Fireplace Y/N Yes
Above Grade Finished Area 1670.0
Total Bedrooms 3
Below Grade Finished Area 0.0
Total Baths 2

Exterior Features

Parking Features Attached Garage
Water Source Public
Lot Size Area 0.02
Foundation Details Concrete Perimeter
Spa No
Building Area Total 1670.0
Lot Size Acres 0.02
Road Surface Type Paved
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 $590K
$700K
Taxes
AVG $6,770
$837
Year Built
AVG 1989
2025
Visits
AVG 43
72
Data Provided by Inside Real Estate®

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