$1,175,000
$25K PRICE DROP

2997 NE Loop Dr Otis, OR 97368

Neotsu Neighborhood

Estimated payment $6,679/month

Total Views 1,728
2 Beds
2 Baths
1,895 Sq Ft
$620 Price per Sq Ft

Highlights

  • Lake Front
  • Contemporary Architecture
  • Bonus Room
  • RV Garage
  • Vaulted Ceiling
  • 1-minute walk to Sand Point Park

About This Home

Beautiful single level lakefront home! 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 large backyard and patio that includes a built in 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. A recorded survey and flood elevation certificate are also on file. Property offers a rare combination of a thoughtfully updated home, flat lakefront land and amenities designed for comfort, convenience and recreation.

Listing Agent

Dennis Regen

Taylor & Taylor Realty Company License #810604051 Listed on: 08/24/2025

Co-Listing Agent

Jill Hurd

Taylor & Taylor Realty Company License #201223677

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,105

Year Built

  • Built in 1967

Lot Details

  • 0.43 Acre Lot
  • Lake Front
  • Irregular Lot
  • Property is zoned R-1 Residential, Single Family

Home Design

  • Contemporary Architecture
  • Metal Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,895 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Bonus Room
  • Utility Room
  • Lake Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • Detached Garage
  • RV Garage

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Covered Patio or Porch
  • Shop

Utilities

  • Forced Air Heating and Cooling System
  • Electricity To Lot Line
  • Gas Water Heater
  • Septic System

Community Details

  • No Home Owners Association
  • Viewpoint Subdivision

Listing and Financial Details

  • Tax Lot 1700
  • Assessor Parcel Number 071111AA-1700-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,105

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.43
  • Lot Size Sq Ft: 18730.8
  • Road Surface Type: Paved
  • Inclusions: Dock
  • Subdivision Name: Viewpoint
  • Directions: Hwy 101 to East Devils Lake Rd to Loop Drive to property
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 1967
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Lake
  • General Property Description:Primary View: Lake
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: 18731
  • General Property Description:_pound_ of Acres: 0.43
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 1700
  • General Property Description:Total Bedrooms: 2
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: One
  • General Property Description:Style: Contemporary
  • General Property Description:Basement: No
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Gas
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: No
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Gas
  • Ceiling:Vaulted: Yes
  • DeckPatio:Covered Patio: Yes
  • Lot Type:Irregular: Yes
  • Roof:Metal: Yes
  • Siding:Concrete Composite: Yes
  • Sewerseptic In: Yes
  • Ceiling:Beam: Yes
  • Outbuildings:Shop: Yes
  • Miscellaneous:Handicap Accessible: Yes
  • General Property Description Senior Community YN: No
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Other
  • Interior Amenities: Beamed Ceilings, Vaulted Ceiling(s)
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Irregular Lot
  • View: Lake
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shop, RV Garage
  • Roof: Metal
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking
  • General Property Description:Garage Type: Detached
  • Miscellaneous:RV Parking: Yes
  • Outbuildings:RV Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Forced Air: Yes
  • HeatingCooling:Gas Forced Air: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 071111AA-1700-00
  • Zoning: R-1 Residential, Single Family

Tax Info

  • Tax Annual Amount: 5105.27
  • Tax Year: 2025

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,105 $403,030 -- --
2023 $4,943 $391,300 $0 $0
2022 $4,799 $379,910 $0 $0
2021 $4,452 $362,090 $0 $0
2020 $4,363 $351,550 $0 $0
2019 $4,204 $341,320 $0 $0
2018 $4,120 $331,380 $0 $0
2017 $3,921 $321,730 $0 $0
2016 $3,629 $312,360 $0 $0
2015 $3,558 $303,270 $0 $0
2014 $3,464 $294,440 $0 $0
2013 -- $285,870 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/26/2025 09/26/25 Price Changed $1,175,000 -2.1% $620 / Sq Ft
08/24/2025 08/24/25 For Sale $1,200,000 +128.6% $633 / Sq Ft
12/15/2017 12/15/17 Sold $525,000 -4.4% $461 / Sq Ft View Prior Sale
10/15/2017 10/15/17 Pending -- -- --
10/14/2017 10/14/17 For Sale $549,000 -- $482 / Sq Ft
Source: Lincoln County Board of REALTORS® MLS (OR)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $525,000 Lawyers Title Co
Warranty Deed $220,000 None Available
Warranty Deed $180,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $420,000 New Conventional
Previous Owner $180,000 Seller Take Back
Source: Public Records

Source: Lincoln County Board of REALTORS® MLS (OR)

MLS Number: 25-1920

APN: R29930

Oregon Lincoln County Otis 97368 Neotsu

2997 NE Loop Dr, Otis, OR

This home is located at 2997 NE Loop Dr, Otis, OR 97368 and is currently priced at $1,175,000, approximately $620 per square foot. This property was built in 1967. 2997 NE Loop Dr is a home located in Lincoln County with nearby schools including Oceanlake Elementary School, Taft Elementary School, and Taft High School.

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Dennis Regen
Listing Agent
Dennis Regen
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Taylor & Taylor Realty Company
(541) 859-3435