Valhalla Heights is a 42-acre neighborhood in northwest Bend, developed in the 1970s on a forested ridge west of Central Oregon Community College. The area has 118 homes on lots averaging 11,000 square feet, no HOA, mature Ponderosa pines throughout, and direct access to Shevlin Park's trail system. Street names reference Norse mythology (Torsway, Polarstar), a quirk of the original developer. Homes range from original 1970s ranches to remodeled Craftsman-style updates. The neighborhood sits 5 minutes from downtown Bend and 10 minutes from NW Crossing.

Current Valhalla Heights market snapshot (Deschutes County GIS recorded plats: 7 phases plus the Marken Summit replat, queried 2026-05-15): 1 active home listed at $1,399,000 and 1 pending. Nine homes closed in the past 12 months with a median sale price of $1,175,000. Over the past 24 months: 17 closings, 41 days median on market, 98.6% sale-to-list ratio.