What $565,000 bought on Palisades Drive: A Lincoln County home

Published Oct 2, 2025

A house at 5345 Palisades Drive in Lincoln City has new owners. The 1,404-square-foot unit, built in 2006, was sold on Sept. 19, 2025 for $565,000, or $402 per square foot. The layout of this single-story house includes three bedrooms and three baths. Additionally, the home includes an attached two-car garage. Nestled on a generous 6,970-square-foot lot, the property provides abundant outdoor space including a pool.

These nearby houses have also recently changed hands:

· In September 2025, a 1,726-square-foot home at 140 Monterey Avenue in Lincoln City sold for $660,000, a price per square foot of $382. The home has 3 bedrooms and 2 bathrooms.

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

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