Thomas Hrabal

4897 Ne East Devils Lake Rd

Otis, OR
$ 1,099,000 Beds 2 Baths 3.5 Sq 2,414 Virtual Tour
Monthly Estimate* How much can I afford?

Experience the rare opportunity to own one of the newest luxury lake homes, a striking 2024-built contemporary retreat offering 100+ feet of waterfront, private ski dock access, and effortless lake living. Tucked away in the peaceful Horseshoe Bay cove, this exceptional property combines modern design, privacy, and breathtaking southwest exposure with abundant wildlife and a true sanctuary feel. The thoughtfully designed home features dual primary suites with spa-inspired rain showers, including a main-level primary retreat with a soaking tub and private deck overlooking the outdoors. The open-concept living space showcases a stunning gourmet kitchen with a 36" gas range, wall oven/microwave combo, stainless steel appliances, soft-close cabinetry, and an expansive island perfect for entertaining. Enjoy year-round relaxation with the outdoor lounge deck, barrel sauna, and seamless indoor-outdoor living. Built above flood elevation with no flood insurance required, this energy-efficient home includes gas forced-air heating, on-demand hot water, gas fireplace, exterior gas stub, and hot/cold outdoor water access. A large private fenced lot offers incredible space for recreation with RV parking, boat parking, and the opportunity to join the short-term rental waiting list. Whether you're seeking a luxury lake retreat, full-time residence, or investment opportunity, this one-of-a-kind waterfront home delivers the ultimate combination of contemporary architecture, premium amenities, and unforgettable lakefront living.

Active

  • Price
  • $ 1,099,000
  • City
  • Otis
  • Bedrooms
  • 2
  • Full Bathrooms
  • 3
  • County
  • LINCOLN
  • Half Bathrooms
  • 1
  • Area
  • 200
  • Lot Size
  • 0.3 Acres
  • Zip
  • 97368
  • Sqr Footage
  • 2,414
  • Year Built
  • 2024
  • Taxes
  • $ 7227
  • Style
  • Contemporary
  • MLS#
  • 327483614
Listed By: Coldwell Banker Professional -
Data Source: Regional Multiple Listing Service (RMLSOR)

Features

General

Sewer SepticTank
Heating ForcedAir
Cooling None
Roof Composition,Metal
Appliances Dishwasher,FreeStandingGasRange,FreeStandingRefrigerator,Island,Microwave
Zoning R-1
Garage Spaces 2.0
Architectural Style Contemporary
Year Built 2024
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number R48845
Waterfront Features Lake
County Lincoln
Property Type Residential
HOA No
Subdivision Name Horseshoe Bay
Full Baths 3
Status Active
Directions Take Highway 101 to NE Devils Lake Road,then continue to the address.
High School Taft
City Otis
Disclosures Disclosure
MLS Area _200
Lot Size Square Feet 13068.0
Listing Terms Cash,Conventional
Elementary School Oceanlake
Tax Annual Amount 7227.36
Middle/Junior High School Taft
Property Condition Resale
Virtual Tour https://www.youtube.com/watch?v=xrZBv3QWLLs
Standard Status Active
Accessory Dwelling Unit Y/N No
ViewDescription Lake
Legal Description PROPERTY ID R48845 HORSESHOE BAY,LOT 9,DOC202108897
SeniorCommunityYn False
ADU False

Interior Features

Interior Amenities GarageDoorOpener,HookupAvailable,LuxuryVinylPlank,SoakingTub,VaultedCeiling,WalltoWallCarpet,WasherDryer
Total Fireplaces 1
Fireplace Features Gas
Hot Water Gas,Tankless
Window Features DoublePaneWindows
Total Bathrooms 3.1
FuelDescription Gas
Total Bedrooms 2
Total Baths 4
1/2 Baths 1

Exterior Features

Exterior Amenities Deck,Porch,RVParking,RVBoatStorage,Sauna
Parking Features Driveway,RVAccessParking
Water Source PublicWater
Total Parking 2.0
Garage Type Attached
Exterior Description Cedar,CementSiding
Foundation Details ConcretePerimeter
Building Area Total 2414.0
Lot Size Acres 0.3
Road Surface Type Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Hillsboro, OR office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Oceanlake Elementary School
Middle School Taft Middle School
High School Taft High School

Price History

7/21/2026 Listed $1,175,000
8/24/2026 7% - $1,099,000

Property vs Zip Code Average in 97368

Price
AVG $750K
$1.1M
Taxes
AVG $4,659
$7,227
Year Built
AVG 1989
2024
Visits
AVG 79
17
Data Provided by Inside Real Estate®

Areas That We Cover

4897 Ne East Devils Lake Rd Otis, OR is a Single Family Home for sale at $1099000 with 2414 sqft and a lot size of 0.3 Acres Acre(s). 4897 Ne East Devils Lake Rd Otis has 2 bedrooms, 3 baths and was built in 2024. The property's zip code is 97368 which is in Otis, OR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Thomas Hrabal

Thomas Hrabal

Real Estate Broker

971-400-3829

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