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3 Beds
2 Baths
1,472 sqft

$539,000

5740 Palisades Drive, Lincoln City OR, 97367

Price per sqft$366.17
Built in1988
Property size1,472 sqft
Property typeResidential

Overview

Active

Listed Dec 16, 2025

Updated 2 days ago

Now offered at $539,000—a significant price improvement. Open house Saturday, October 3, 1:30-3:30 p.m. 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.

$3,586/mo

Est. mortgage payment based on a $539,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
25-4004

Interior Features

Bedrooms
3
Bathrooms
2
Fireplace
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.31 Acres

Other Property Details

Taxes
$4,071
Tax Frequency
Annually
Association Fee Frequency
Yearly
Garage
Yes
55+/Senior Community
No

 

Courtesy of Taylor & Taylor Realty Company

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Sand + Cedar Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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