5740 Palisades Dr, Lincoln City, OR 97367

Property Description

Now offered at $539,000—a significant price improvement. Motivated sellers will consider all offers. Enjoy easy coastal living in popular Coronado Shores. This move-in-ready, main-level living home sits on a rare 120-by-114-foot double lot—about .31 acres—with low-maintenance landscaping, a gated backyard, private patio, covered dog run, and a filtered pond. The updated kitchen features stainless steel appliances, soft-close cabinets, pull-out drawers, Corian-style countertops, and warm wood flooring. You'll also find hardwood floors, newer carpet, and an extra-large third bedroom with room for a home office, hobby space, or bunk room. The enclosed porch offers flexible space for pets, a hot tub, or an infrared sauna. A standout feature is the detached 816-square-foot, three-car garage and workshop, built in 2005, with an EV charging receptacle. Recent improvements include Andersen energy-efficient windows with a transferable warranty (2020), a gas fireplace (2019), leaf-filter gutters (2021), and a gas furnace (2023). Coronado Shores residents enjoy an updated clubhouse, saltwater pools, well-kept common areas, scenic trails, a neighborhood park with a basketball hoop, multiple beach accesses, and a beachfront cabana for sunsets, whale watching, and private events. HOA dues are $482 per lot. A spacious lot, a rare three-car garage, and beach-community amenities—come see what makes Coronado Shores such a sought-after place to live.