Single-family residence sells in Lincoln City for $437,000

Published Aug 21, 2025

A house at 5360 Palisades Drive in Lincoln City has new owners. The 1,214-square-foot unit, built in 1980, was sold on Aug. 8, 2025 for $437,000 which works out to $360 per square foot. The layout of this single-story home includes two bedrooms and two baths. In addition, the house features two parking spots, allowing for easy and secure parking for two cars. The property occupies a sizable 6,098-square-foot lot.

Other houses that have recently been purchased close by include:

· At 5465 Palisades Drive in Lincoln City in June 2025, a 1,305-square-foot home was sold for $416,150, a price per square foot of $319. The home has 3 bedrooms and 2 bathrooms.

· A 1,132-square-foot home at 115 Northwest Lancer Street in Lincoln City sold in March 2023 for $329,000, a price per square foot of $291. The home has 2 bedrooms and 2 bathrooms.

· In January 2024, a 1,926-square-foot home at 5455 Hacienda Avenue in Lincoln City sold for $488,000, a price per square foot of $253. The home has 2 bedrooms and 2 bathrooms.