Experience lake living at its finest on one of the most coveted stretches of Devils Lake. Perfectly positioned on the east side of the lake with a west-facing orientation, this exceptional waterfront property captures breathtaking sunset views and offers a rare blend of luxury, comfort, and versatility. Thoughtfully designed as a private retreat or multi-generational getaway, the property features three distinct buildings: a beautifully updated 4-bedroom, 2.5-bath main lake house, a charming 1-bedroom, 1.5-bath guest cottage and a spacious boathouse ideal for entertaining or relaxing just steps from the water. A newly constructed bridge seamlessly connects the main house and cottage, enhancing both function and flow. Inside the main home, modern upgrades and elevated finishes create a refined yet welcoming atmosphere. Enjoy year-round comfort with a mini split system and an electric fireplace with heat, while three new Samsung TVs paired with a Sonos sound system and Google Nest WiFi provide effortless connectivity and entertainment. The kitchen is equipped with a Wolf gas range and Bosch dishwasher, making it as functional as it is stylish. The primary suite has been thoughtfully enhanced with a new laundry area, custom makeup space and a beautifully updated shower. Step outside and embrace the ultimate lake lifestyle. A private dock and two jet ski lifts (one newly installed) make getting on the water easy, while the reinforced lake wall adds long-term peace of mind. Gather around the firepit by the water's edge as the sun sets over the lake, creating the perfect setting for unforgettable evenings. After a day on the lake, unwind in the brand-new Woodstock Elite hot tub under a custom gazebo cover—perfect for taking in the sunset and serene surroundings. With a new washer and dryer, thoughtful upgrades throughout, and an unbeatable location on Devils Lake, this one-of-a-kind property offers an extraordinary opportunity to own a true waterfront sanctuary.
Active
$1,200,000
1381 NE East Devils Lake Rd, Otis, OR 97368
5beds
3,202sqft
Est.:
Single Family Residence
Built in 1968
0.41 Acres Lot
$1,141,100 Zestimate®
$375/sqft
$-- HOA
What's special
Electric fireplace with heatBreathtaking sunset viewsExceptional waterfront propertyNew washer and dryer
- 2 days |
- 530 |
- 36 |
Zillow last checked: 7 hours ago
Listing updated: March 27, 2026 at 02:55pm
Listed by:
Sean Dooney 503-593-5493,
Keller Williams Portland Premiere
Source: OCMLS,MLS#: 26-748
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Bedroom 5
- Description: In the cottage
Dining room
- Description: In the cottage
Kitchen
- Description: In the cottage
Laundry
- Description: In the cottage
Living room
- Description: In the cottage
Heating
- Has Heating (Unspecified Type)
Cooling
- Heat Pump
Appliances
- Included: Dryer, Disposal, Dishwasher, Gas Cooktop, Refrigerator, Washer
Features
- Eat-in Kitchen, Kitchen Island, Sound System, Beamed Ceilings, Ceiling Fan(s), Spa/Hot Tub
- Flooring: Carpet, Hardwood
- Windows: Vinyl Frames
- Has basement: No
- Number of fireplaces: 3
- Fireplace features: Gas
Interior area
- Total structure area: 3,202
- Total interior livable area: 3,202 sqft
- Finished area above ground: 3,202
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Driveway, Oversized
- Carport spaces: 3
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Open Patio
- Has view: Yes
- On waterfront: Yes
Lot
- Size: 0.41 Acres
- Features: Level
Details
- Additional structures: Boat House, Guest House
- Parcel number: R297120
- Zoning description: R-1 Residential, Single Family
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Fiber Cement
- Foundation: Concrete Perimeter
- Roof: Membrane
Condition
- New construction: No
- Year built: 1968
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected
Community & HOA
Community
- Security: Security System
HOA
- Has HOA: No
Location
- Region: Otis
Financial & listing details
- Price per square foot: $375/sqft
- Tax assessed value: $1,247,030
- Annual tax amount: $6,118
- Date on market: 3/27/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
Estimated market value
$1,141,100
$1.08M - $1.20M
$3,486/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/27/2026 | Listed for sale | $1,200,000-2%$375/sqft |
Source: | ||
| 9/26/2023 | Sold | $1,225,000-7.5%$383/sqft |
Source: | ||
| 8/8/2023 | Contingent | $1,325,000$414/sqft |
Source: | ||
| 6/30/2023 | Listed for sale | $1,325,000+490.2%$414/sqft |
Source: | ||
| 10/23/1998 | Sold | $224,500-5.3%$70/sqft |
Source: | ||
| 8/16/1994 | Sold | $237,000$74/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,819 +3.3% | $473,620 +3% |
| 2023 | $5,635 +3% | $459,830 +3% |
| 2022 | $5,470 +2.6% | $446,440 +3% |
| 2021 | $5,330 +5.2% | $433,440 +3% |
| 2020 | $5,066 | $420,820 +3% |
| 2019 | -- | $408,570 +3% |
| 2018 | $4,932 | $396,670 +3% |
| 2017 | $4,932 +13.5% | $385,120 +3% |
| 2016 | $4,344 | $373,910 +3% |
| 2015 | $4,344 +4.7% | $363,020 +3% |
| 2014 | $4,147 | $352,450 +3% |
| 2013 | $4,147 +11% | $342,190 +6.1% |
| 2011 | $3,735 +2.9% | $322,560 |
| 2010 | $3,629 +3.2% | $322,560 +6.1% |
| 2009 | $3,518 +2.6% | $304,050 |
| 2008 | $3,430 +2.1% | $304,050 +6.1% |
| 2007 | $3,360 | $286,610 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$7,028/mo
Principal & interest
$6188
Property taxes
$840
More affordability tools
Climate risks
Neighborhood: 97368
Nearby schools
GreatSchools rating
- NAOceanlake Elementary SchoolGrades: K-2Distance: 0.7 mi
- 6/10Taft Middle SchoolGrades: 7-8Distance: 3 mi
- 3/10Taft High SchoolGrades: 9-12Distance: 2.8 mi
Local experts in 97368
- Oregon
- Lincoln County
- Otis
- 97368
- 1381 NE East Devils Lake Rd









