Price Reduction - Waterfront - Primary on Main - Eco Friendly
Address
4897 Ne East Devils Lake Rd, Otis, OR
Price
$ 1,099,000
Property Attributes
- MLS#327483614
- TypeSingle Family
- Listing Status Active
- CountyLINCOLN
- CityOtis
- Area200
- 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:
Regional Multiple Listing Service (RMLSOR)
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Oceanlake Elementary School | Taft Middle School | Taft High School |
| Price History | |
|---|---|
| 7/21/2026 | Listed $1,175,000 |
| 8/24/2026 | 7$1,099,000 |
General Features
| Sewer | SepticTank |
|---|---|
| Heating | ForcedAir |
| Cooling | None |
| Roof | Composition,Metal |
| Appliances | Dishwasher,FreeStandingGasRange,FreeStandingRefrigerator,Island,Microwave |
| Zoning | R-1 |
| Garage Spaces | 2.0 |
| Architectural Style | Contemporary |
| Year Built | 2024 |
| Stories Count | 2 |
| Property Subtype | SingleFamilyResidence |
| Tax Year | 2025 |
| Parcel Number | R48845 |
| Waterfront Features | Lake |
| County | Lincoln |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | Horseshoe Bay |
| Full Baths | 3 |
| Status | Active |
| Directions | Take Highway 101 to NE Devils Lake Road,then continue to the address. |
| High School | Taft |
| City | Otis |
| Disclosures | Disclosure |
| MLS Area | _200 |
| Lot Size Square Feet | 13068.0 |
| Listing Terms | Cash,Conventional |
| Elementary School | Oceanlake |
| Tax Annual Amount | 7227.36 |
| Middle/Junior High School | Taft |
| Property Condition | Resale |
| Virtual Tour | https://www.youtube.com/watch?v=xrZBv3QWLLs |
| Standard Status | Active |
| Accessory Dwelling Unit Y/N | No |
| ViewDescription | Lake |
| Legal Description | PROPERTY ID R48845 HORSESHOE BAY,LOT 9,DOC202108897 |
| SeniorCommunityYn | False |
| ADU | False |
Interior Features
| Interior Amenities | GarageDoorOpener,HookupAvailable,LuxuryVinylPlank,SoakingTub,VaultedCeiling,WalltoWallCarpet,WasherDryer |
|---|---|
| Total Fireplaces | 1 |
| Fireplace Features | Gas |
| Hot Water | Gas,Tankless |
| Window Features | DoublePaneWindows |
| Total Bathrooms | 3.1 |
| FuelDescription | Gas |
| Total Bedrooms | 2 |
| Total Baths | 4 |
| 1/2 Baths | 1 |
Exterior Features
| Exterior Amenities | Deck,Porch,RVParking,RVBoatStorage,Sauna |
|---|---|
| Parking Features | Driveway,RVAccessParking |
| Water Source | PublicWater |
| Total Parking | 2.0 |
| Garage Type | Attached |
| Exterior Description | Cedar,CementSiding |
| Foundation Details | ConcretePerimeter |
| Building Area Total | 2414.0 |
| Lot Size Acres | 0.3 |
| Road Surface Type | Paved |
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
Taxes
Year Built
Visits
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLSTM of Portland, Oregon. Real estate listings held by brokerage firms other than West Portland are marked with the RMLSTM logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLSTM, Portland, Oregon.
This content last updated on September 12, 2026 7:51 PM UTC at 4 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
