Price Reduction - Water Views - Eco Friendly
Address
4897 Ne East Devils Lake Road, Otis, OR
Price
$ 1,099,000
Property Attributes
  • MLS#261965
  • TypeSingle Family
  • Listing Status Active
  • CountyLINCOLN
  • CityOtis
  • NeighborhoodHorseshoe Bay
  • Zip97368
  • StyleContemporary
  • Year Built2024
  • Taxes$ 7227
  • Price$ 1,099,000
  • Bedrooms2
  • Full Bathrooms3
  • Half Bathrooms1
  • Sqr Footage2414
  • Lot Size0.3 Acres
Data Source:
Lincoln County MLS Oregon (LCMLS-O)
Property Description

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.

Price History
7/16/2026 Listed $1,175,000
8/24/2026 7$1,099,000

General Features

Heating Natural Gas,Forced Air
Cooling None
Utilities Cable Available,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Possession Close Of Escrow
Roof Composition,Metal
Appliances Dishwasher,Electric Oven,Gas Range,Microwave,Washer,Water Heater,Refrigerator
Zoning R-1 Residential,Single Family
Garage Spaces 2.0
Patio/Porch Features Covered Porch,Deck
Architectural Style Contemporary
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Year Built 2024
Electric 200+ Amp Service,Circuit Breakers
View Lake,Other
Property Subtype Single Family Residence
Tax Year 2025
County Lincoln
Property Type Residential
HOA No
Attached Garage No
Subdivision Name Horseshoe Bay
Garage Y/N Yes
Total Rooms 13
Status Active
Directions Take Highway 101 to NE Devils Lake Road,then continue to the address.
City Otis
Senior Community Y/N No
Lot Size Units Acres
Lot Size Square Feet 13068.0
Carport Y/N No
Land Lease Y/N No
Tax Annual Amount 7227.36
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://youtu.be/xrZBv3QWLLs
Standard Status Active

Interior Features

Interior Amenities Kitchen Island,Open Floorplan,Soaking Tub,Vaulted Ceilings
Flooring Luxury Vinyl Flooring,Carpet
Furnished Y/N Negotiable
Fireplace Features Gas
Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N Yes
Window Features Double Pane Windows
Fireplace Y/N Yes
Above Grade Finished Area 2414.0
Total Bedrooms 2
Below Grade Finished Area 0.0
Total Baths 4

Exterior Features

Parking Features Attached Garage,Driveway,Garage Door Opener,Paved,RV Access/Parking
Water Source Public
Lot Size Area 0.3
Foundation Details Concrete Perimeter
Spa No
Building Area Total 2414.0
Lot Size Acres 0.3
Road Surface Type Paved
Road Frontage Type County Road
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 97368

Price
AVG $560K
$1.1M
Taxes
AVG $3,197
$7,227
Year Built
AVG 1991
2024
Visits
AVG 44
6
Data Provided by Inside Real Estate®