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5540 Palisades Dr, Lincoln City, OR 97367 — photograph 1

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5540 Palisades Dr, Lincoln City, OR 97367 — photograph 1
2 Beds1 Bath972 sqft

5540 Palisades Dr, Lincoln City

$399,000

ActiveMLS®: 692867735Listing held by another brokerage, marked RMLS
Price per sqft
$410.49
Built in
1979
Property size
972 sqft
Lot size
6,098 sqft
Property type
Residential
Days on market
70

Overview

Perfect Coastal Getaway or permanent residence in the private oceanfront community of Coronado Shores Beach Club. Ideally located near the community's year-round clubhouse, dog park, seasonal saltwater pool, oceanfront cabana, and beach access, this home offers an excellent combination of comfort and convenience. The property features a welcoming entry, beautifully maintained grounds, and a sunny south-facing side patio, deck, and entrance. This popular main-level floor plan offers comfortable, easy living with an open kitchen, remodeled bathroom, and two bedrooms. One bedroom features direct access to the deck, creating a seamless connection between indoor and outdoor living. Whether you are looking for a full-time residence or the perfect coastal retreat, this home offers the opportunity to enjoy the relaxed, pedestrian-friendly lifestyle and amenities of Coronado Shores.

Details

Interior

Interior features
Garage Door Opener, Laundry, Washer / Dryer
Appliances
Built-in Oven, Cooktop, Dishwasher, Disposal, Free Standing Refrigerator, Microwave, Range Hood
Cooling
No
Cooling description
None
Heating
Yes
Heating description
Baseboard
Windows
Double Pane Windows, Vinyl Frames

Exterior and lot

Lot size
6,098 sqft
Exterior features
Deck, Fenced, Garden
Lot features
Ocean Beach ¼ Mile or Less
Architectural style
Cottage
Roof
Composition
View
Yes
View description
Territorial

Utilities

Sewer
Other
Water source
Private

Parking

Garage spaces
1
Parking
Driveway, On Street
Total parking
1

Schools

High school
Taft
Middle school
Taft
Elementary school
Oceanlake

Location

City
Lincoln City
County
Lincoln
Zoning
R-1-A

Taxes and dues

Annual taxes
$2,418 (2025)
HOA dues
$39 / month

Location

5540 Palisades Dr, Lincoln City, OR 97367

Map showing the location of 5540 Palisades Dr, Lincoln City, OR 97367
© Mapbox © OpenStreetMap

Monthly payment estimate

$2,364 /mo

20% · $79,800
7.00%
Principal and interest
$2,124
Property tax (2025)
$202
HOA dues
$39
Total
$2,364

Estimate only, and not an offer of credit. Assumes 20% down ($79,800) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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