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Exceptional value in NW Bend. Perched above Rivers Edge, this extensively remodeled 4,175 SF custom home pairs sweeping Cascade Mountain views with walkability to Sawyer Park and the Deschutes River Trail. An 18-ft wall of windows fills the great room with natural light and frames views from Three Finger Jack and Mt. Jefferson to Smith Rock and Pilot Butte. Hickory hardwoods, a dramatic fireplace and rare Brazilian stone island anchor the open living space, complemented by luxury appliances. The all-ensuite design and five balconies offer privacy and views throughout. One-of-a-kind amenities include a solid mahogany pub with antique hand-carved details and secret door, custom copper bar with brass triple taps, gym, media room and heated 3-car garage. Nearly $700K was invested in a comprehensive 2020 renovation, followed by a new roof and HVAC in 2023. An extraordinary combination of space, craftsmanship, views and NW Bend lifestyle.
A rough estimate, not a quote. Loan amount $1,220,000 · $305,000 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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Neighborhood
Ask what Awbrey Butte actually offers and the answer is elevation. The butte is the highest landmass inside Bend's city limits, its summit at 4,230 feet, sitting in the city's northwest quadrant about 3 miles from downtown by way of NW Newport Avenue. Homes on the west side look across the Cascade Range from Mount Jefferson to Mount Bachelor. Homes on the east side look down on downtown's grid, the Old Mill smokestacks, and Pilot Butte. The drive to downtown runs about 10 minutes, Old Mill District about 12, and Mount Bachelor about 25 by way of Cascade Lakes Highway. That combination, close enough for a weeknight dinner downtown, high enough to sit above the traffic and the noise, is what people are actually buying when they buy on the butte.
The neighborhood exists because Brooks Resources bought 1,800 acres on the butte in 1970 and treated it as a decades-long project rather than a quick build-out. The company broke ground on homesites in 1984 and kept building until the last of 782 homesites was in place by 2005. The design choices from that process still define the place: large lots that leave mature ponderosa pines standing, roads routed around the hillside so they stay largely out of view from below, and a house-color requirement that limits new construction to earth-tone exteriors. It is a low-density neighborhood built inside a city, on purpose, not a subdivision that happened to end up wooded.
Daily life
Drive times
| Date | Event | Price |
|---|---|---|
| Aug 26, 2026 | Price change | $1,525,000$100K down |
| Aug 21, 2026 | Price change | $1,625,000$25K down |
| Jul 21, 2026 | Price change | $1,650,000$100K down |
| May 20, 2026 | Price change | $1,750,000$145K down |
| Apr 25, 2026 | Price change | $1,895,000$100K down |
| Mar 25, 2026 | Price drop | $1,995,000$80K down |
| Jan 21, 2026 | Listed | $2,075,000 |
0 closed sales
$365 per sq ft
222 days on market. Bend median to pending is 21 days.
HOA $78 per month. Tax $13,212 per year.
The full analysis names every comparable sale and shows the adjustment we made for each one.
Stamp from listing_pricing_reads. Listing fields from Spark. Place median from the live pulse. 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 $1,525,000 with 20% down, this property runs $7,614 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 eXp Realty, LLC, agent David Keyte, 888-814-9613
Data last updated September 1, 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.
Sep 2024 to Aug 2026 (24 months) · Market Truth leftover, Bend city, monthly median close. Completed months only.
This home is listed at $1,525,000, 60.5% above the Bend median list price. See full Bend market →