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Deschutes River Waterfront Home in Three Rivers - $8,000 Seller Credit at Closing!
Life on the river starts at your private dock. Situated in a peaceful, established Three Rivers neighborhood near Sunriver, this contemporary modern chalet combines quiet family living with prime Central Oregon outdoor adventure.
Two river-rock fireplaces bring mountain chalet warmth to the great room and main-level primary suite across 2,153 sqft of living space. Step onto the expansive deck, launch kayaks from your backyard or walk to the nearby community park and boat ramp.
Ideal as a primary home or vacation retreat, with Sunriver dining minutes away and Mt. Bachelor ~23 miles out. Fully STR-allowed, this property blends community charm with strong short-term rental investment potential. You won't find another waterfront property like this at this price point: Schedule your tour today!
Sellers offer an $8,000 credit at closing toward updates, closing costs, or interest rate buydowns: your choice
A rough estimate, not a quote. Loan amount $630,000 · $157,500 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
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| Date | Event | Price |
|---|---|---|
| May 1, 2026 | Listed | $810,000 |
$366 per sq ft
HOA $4 per month. Tax $6,461 per year.
The full analysis names every comparable sale and shows the adjustment we made for each one.
Listing fields from Spark. This is an estimate, not an appraisal. It is not a guarantee of price. See our terms.
New listings
Monthly cash flow, cap rate, and cash-on-cash return at this price. Adjust the numbers to your own financing and rent.
Estimate $2,336 ($2,100–$2,675) · HUD Fair Market Rent (FY2025), Deschutes County, 3BR. Edit to your own number.
At $787,500 with 20% down, this property runs $3,052 per month negative. Adjust the price, down payment, or rent to find what works.
Estimates only, not investment advice or a guarantee of rent, value, or return. Figures depend on the numbers you enter and current market conditions. Verify with your lender, tax advisor, and a Ryan Realty broker before you rely on them.
Listing courtesy of Realty One Group Discovery, agent Tianna Waite-Jackson, 541-645-0244
Data last updated September 2, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.