A 69-year-old woman with rectal adenocarcinoma (with liver metastases) and a lung carcinoid tumor presented with progressive weakness, sensory loss, and sphincter dysfunction. MRI demonstrated longitudinally extensive T2 hyperintense lesions from C2–C6 and T3–T8 with additional periependymal and temporal FLAIR changes. CSF showed lymphocytic pleocytosis and positive oligoclonal bands. Serum AQP4-IgG was strongly positive by cell-based assay, confirming NMOSD. The patient improved markedly with high-dose corticosteroids and plasma exchange and was discharged on maintenance rituximab. Given the advanced age and concurrent malignancies, a paraneoplastic mechanism was suspected; however, tumor AQP4 expression could not be confirmed.