2997 NE Loop Dr, Otis, OR 97368
FOR SALE
0.43 ACRES

2997 NE Loop Dr
Otis, OR 97368

  • 2 Beds
  • 2.5 Baths
  • 1,895 sqft (on 0.43 acres)

$1,105,000

Original price: $1,125,000
Est. Mortgage $6,338/mo*

$1,105,000

Original price: $1,125,000
Est. Mortgage $6,338/mo*
2 Beds
2.5 Baths
1,895 sqft
(on 0.43 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Lakefront home at the Oregon Coast, this single level this home sits on nearly half an acre of flat, usable land (.46 acre) with direct lake access and boat dock. The open-concept great room is the centerpiece of the home featuring oversized windows that offer large lake views, a spacious kitchen with quartz countertops and durable LVP flooring throughout. The floor plan is a 2 bedroom, 2.5 baths and a versatile bonus room perfect for guests or a home office. Outdoor living is just as inviting with a meticulously landscaped large backyard and covered patio that includes a built in gas firepit making it an ideal setting for gatherings by the water. Additional highlights include a 20x36 RV garage/shop and a whole-home Generac back up generator for peace of mind. Property offers a rare combination of a thoughtfully updated home, flat lakefront land and amenities designed for comfort, convenience and recreation. A recorded survey and flood elevation certificate are also on file.

Home Highlights

Parking
Garage
Outdoor
Porch, Patio
A/C
Heating only
HOA
None
Price/Sqft
$583
Listed
180+ days ago

Home Details for 2997 NE Loop Dr

Active Status

MLS Status: Active

Interior Features

Interior Details
Number of Rooms: 9Types of Rooms: Master Bedroom, Bedroom 2, Bathroom, Bonus Room, Dining Room, Kitchen, Living Room, Utility Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1895 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Natural Gas Connected, Water AvailableAppliances: Dryer, Disposal, Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Washer, Water HeaterDishwasherDisposalDryerLaundry: Main LevelMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,Natural GasNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: GasHas a Fireplace
Gas & Electric
Electric: 100 Amp ServiceHas Electric on Property
Windows, Doors, Floors & Walls
Window: Window TreatmentsFlooring: Laminate, Other
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneAccessibility: Accessible Washer/Dryer, Safe Emergency Egress from Home, Standby Generator, Accessible EntranceFloors: Laminate, Other
View
Has a ViewView: Panoramic
Security
Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: Covered Patio, Front Porch, Open PorchOther Structures: Boat House, WorkshopExterior: Entry Flat, Fire PitFoundation: Concrete PerimeterNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached Garage,Driveway,Garage Door Opener,Paved,RV Access/Parking,Gravel
Frontage
WaterfrontRoad Frontage: City StreetRoad Surface Type: Asphalt, PavedOn Waterfront
Water & Sewer
Sewer: Septic Tank

Days on Market

Days on Market: 180+

Property Information

Year Built
Year Built: 1967Year Renovated: 2021
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Contemporary
Building
Construction Materials: ConcreteNot a New ConstructionNo Additional ParcelsDoes Not Include Home Warranty
Property Information
Parcel Number: 071111AA170000

Price & Status

Price
List Price: $1,105,000Price Per Sqft: $583
Status Change & Dates
Possession Timing: Negotiable

Location

Direction & Address
City: OtisCommunity: Viewpoint
School Information
High School District: Lincoln County School District

Agent Information

Listing Agent
Listing ID: LC-104700

Building

Building Area
Building Area: 1895 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 0.43 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: 1031 Exchange, Cash, Conventional

Miscellaneous

Mls Number: LC-104700Water View
Last check for updates: 1 day ago
Listing courtesy of Dennis M Regen, (541) 994-4169
Taylor & Taylor Realty Company
Jill Hurd, (541) 994-9111
Taylor & Taylor Realty Company
Source: OCMLS, MLS#LC-104700
Also Listed on OCMLS, RMLS (OR).

Price History for 2997 NE Loop Dr

DatePriceEventSource
04/24/2026$1,105,000PriceChange
OCMLS #LC-104700
03/06/2026$1,125,000PriceChange
OCMLS #LC-104700
01/09/2026$1,135,000PriceChange
OCMLS #LC-104700
12/16/2025$1,150,000Listed For SaleOCMLS #LC-104700
12/15/2017$525,000Sold
RMLS (OR) #17481683
10/15/2017$549,000PendingAgent Provided
10/14/2017$549,000Listed For SaleAgent Provided

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Property Tax and Assessment

Year2024
Tax$4,952
Assessment$1,033,260
Home facts updated by county records

Comparable Sales for 2997 NE Loop Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.06
Single-Family Home
$940,000
09/30/25
3
2
2,164
0.32
Single-Family Home
$645,000
01/02/26
3
2.5
1,736
0.46
Single-Family Home
$590,000
06/30/25
2
2
1,380
0.55
Single-Family Home
$625,500
12/17/25
4
2
2,284
0.55
Single-Family Home
$820,000
10/24/25
3
3
2,624
0.61
Single-Family Home
$765,000
07/25/25
3
2.5
2,124

Assigned Schools

These are the assigned schools for 2997 NE Loop Dr.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Lincoln City

At least 97 Trulia users voted on each feature.
  • 88 % Say it's dog friendly

  • 78 % Say there's wildlife

  • 78 % Say car is needed

  • 74 % Say yards are well-kept

  • 72 % Say parking is easy

  • 71 % Say there's holiday spirit

  • 67 % Say it's walkable to restaurants

  • 66 % Say it's quiet

  • 66 % Say it's walkable to grocery stores

  • 63 % Say people would walk alone at night

  • 55 % Say they plan to stay for at least 5 years

  • 50 % Say neighbors are friendly

  • 50 % Say kids play outside

  • 40 % Say there are sidewalks

  • 35 % Say streets are well-lit

  • 21 % Say there are community events

Learn more about our methodology.
  • Carolyn.yelland
    "The Olivia Beach neighborhood is very family oriented with a beautiful neighborhood park, seasonal pool, and of course the great huge beach with public stair access. "
  • Taylor.flowers19
    "I have a peaceful commute that has at the most a school bus causing 5 cars for traffic in the mornings. Coming from Portland, I love that. "
  • Anita Easton
    "Lincoln City has gotten run down and seedy. Meth is infiltrating the schools, and the police dept is worthless. It’s filled with homeless now, and unsafe to walk around. People don’t pick up after their dogs either. "
  • Trulia User
    "It's not really a neighborhood. More a collection of private second to third homes and VR. Almost all owners do not acossiate with each other. "
  • Trulia User
    "My neighborhood is right on the beautiful Ore. Coast. Along with being a popular tourist town, there is also a high % of retired Seniors who live in this neighborhood. I’m one myself!"
  • Trulia User
    "Neighborhood get togethers are popular Beach parties Game nights. Local music events and golf tournaments "
  • Trulia User
    "local donut shop, beach events, local church, friendly locals, layed back atmosphere. Tourism is strong, but not bad."
  • Lindseystirling
    "We are within walking distance to a lake, beach, grocery store, and MVD! I love how quiet the beaches are as well."
  • Terry.voss1976
    "Farmers Market Kite Festival Glass centers “Finders Keepers” Festival of Trees Sessions held to learn about the Tide Pools "
  • Fourmcs56
    "It is mostly vacation rentals. So on the weekend we stay home. We plan our outings Monday through Thursday when possible."
  • Mwchamberlain
    "i love the beach and access to the water. good parking and lots of opened spaces. everyone is very friendly "
  • Rob H. J.
    "the area is quite and great beaches, the area is clean as well, quick access to Newport or Lincoln City."
  • Subacute13
    "Curvy roads leading into town, main roads are 35mph . There are several intersections & can get quite congested in the summer. "
  • Amandabrat16
    "My husband and I usually visit Lincoln City during the off season, so traffic isn’t too bad. Have never tried to access the public transportation system. Would definitely have to explore the possibilities if we were to relocate to this town."
  • Teresa C.
    "lots of people most are friendly..very busy and often alot of noise. my street is a busy street but I know all my neighbors."
  • Mwchamberlain
    "1.people love their dogs. 2.stores are dog friendly. 3. everyone seems to have a dog or had but love pets. have treats for dogs "
  • Tawnya F.
    "when it is not during the busy season it is a great friendly quiet town to have your family live in. "
  • Mandamus01
    "We are one block above Highway 101 and all of the venues and businesses are just a short block away. The local gym and senior center is three blocks to the east."
  • Mandamus01
    "Plenty of room to walk without any real traffic dangers and the devils lake forest begins one block east on the other side of Oar Street where there’s a hiking path. "
  • Mandamus01
    "Dog owners would like that their are many areas to walk your dog. New sidewalks that are being put in , even as I type this will make it much safer . It’s also only one and a half blocks from the beach so you can take your dog to the beach and let them run."
  • John Iwamura
    "I lived in this neighborhood for 14 years. Prior I lived in Hawaii and in the Bay Area of CA. While the weather is warmer in both of those areas...the people are warmer here. Very friendly and always willing to chat or help at the drop of a hat. Rare to hear a honking horn even if you don't go the second the light turns green. It is laid back, mellow and real. Also, the raw beauty of the coast never get old, the beaches range from solo experiences to lightly used and many allow bonfires and even cars on them. The seafood is authentic fare and fresh with lots of great places to dine. I love living and working here on this amazing coast!"
  • nuyah
    "its a tourist town, good parks, walking trails, and outlet mall w/ park. casino, entertainment, and lots of bars and gas stations for such a small town. wonderful view of ocean."
  • Aussieblnd
    "we have fantastic beaches, cultural evens,restaurants and a casino. we have access to both a fantastic lake for kayaking, sailboats, powered and jet skis. we also have great fishing whale watching beach access. great place to visit."
  • Stephielove12
    "A lot of people walk their dogs in our neighborhood, and especially bring them to the beach. We see them on Wecoma Beach. The dogs are smiling. "
  • Bonnie S.
    "dogs can run on the beach without a leash...great hiking trails too! not many dog friendly places to eat but grab something and head to the water. "
  • Will M.
    "beach is close, weather unpredictable, and the town is packed in summer. community is mixed bag of desperate and well to do 😀"
  • Bonnie S.
    "great safe neighborhood. beautiful birds to watch! Lots of wildlife . . . we Just love the bunnies. "
  • Stan
    "We come to Lincoln City to stay at our beach house. It’s 2.5 hours from home. It’s a combination of highway and country roads to get to Lincoln City."
  • Jad447
    "Gated, a bit up scale, vintage Oregon Salishan ....older folks but families visit...great views, forested, lovely lodge "
  • Shelly B. C.
    "We can walk to the beach, to the lake, and to many restaurants & stores, yet our home is private and peaceful. "
  • Irish
    "I love the Cutler City neighborhood. It's peaceful, and everywhere in the neighborhood is a short walk to the Siletz Bay, with its great views and long stretches of sandy beach. Seems like a forgotten jewel in an otherwise long, narrow city that follows busy Hwy 101. That said, there are a couple of things I'm not as fond of about this neighborhood as I am other areas in Lincoln City. 1) It's on the bay, not the ocean. 2) Cutler City is residential, with no easy walk to any store or other amenity, and, 3) being an area with a lot of low-income homes/rentals, and pretty much out of the public eye, the safety factor doesn't seem as good as it is in other parts of town. This is NOT one of those upscale, gated communities with HOAs and their restrictions and rules about how you can live in the neighborhood, so there is less control over your neighbors, or what they're up to. Still, when we were looking to purchase a home in LC, this was a neighborhood that we had a lot of interest in. It was just pure luck that we found our dream beach home in the Oceanlake neighborhood, instead :-)."

LGBTQ Local Legal Protections

Dennis M Regen, Taylor & Taylor Realty Company
Agent Phone: (541) 994-4169
The content relating to real estate for sale on this web site comes in part from the IDX program of the Oregon Coast Multiple Listing Service (OCMLS). Listing content is copyrighted. Listing data provided is AS IS. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Real estate listings held by member brokerage firms, other than Zillow, Inc., of the OCMLS are marked with the OCMLS logo. Detailed information about these properties includes the names of the member listing brokers and brokerage firms.
2997 NE Loop Dr, Otis, OR 97368 is a 2 bedroom, 3 bathroom, 1,895 sqft single-family home built in 1967. This property is currently available for sale and was listed by OCMLS on Aug 24, 2025. The MLS # for this home is MLS# LC-104700.