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Neighborhood
Larkspur sits on Bend's east side, bounded roughly by Highway 20 and Franklin Boulevard to the north, Reed Market Road to the south, the Parkway to the west, and the urban growth boundary to the east, according to the Larkspur Neighborhood District. It runs from the base of Pilot Butte south to the Reed Market corridor. The district itself is a voluntary group of residents and businesses recognized by the City of Bend, not a homeowners association. Its board is volunteer-run, meets monthly, and works on city-facing issues such as traffic safety, sidewalks, bike access, and land-use review rather than deed restrictions. Bend Source, the Bend alt-weekly, places Larkspur among the east-side neighborhoods that draw families and young professionals for larger lots and short commutes to jobs.
Pilot Butte anchors Larkspur's north end and gives the neighborhood its skyline. The 114-acre cinder cone was donated to the state of Oregon in 1927 by a group of Bend business associates in memory of Terrence Hardington Foley, according to Oregon Parks and Recreation Department records, with additional land added in 1941. Long before the donation, the butte served as a landmark that guided wagon-train immigrants to safe crossings of the Deschutes River. Three trails climb through juniper and sagebrush to the summit, a gain of about 490 feet, and on a clear day the view reaches Mount Bachelor, Broken Top, the Three Sisters, Mount Jefferson, Black Butte, and Mount Hood. The paved summit road is open to vehicles seasonally, May 1 through September 30. The trails themselves are open on foot year-round.
Daily life
Drive times
| Date | Event | Price |
|---|---|---|
| Jul 31, 2026 | Listed | $475,000 |
$432 per sq ft
22 days on market. Bend median to pending is 21 days.
Tax $2,497 per year.
The full analysis names every comparable sale and shows the adjustment we made for each one.
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.
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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 $475,000 with 20% down, this property runs $1,054 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 Cascade Hasson SIR, agent Brian Ladd, 541-383-7600
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.
Aug 2024 to Jul 2026 (24 months) · Market Truth leftover, Bend city, monthly median close. Completed months only.
This home is listed at $475,000, 50.0% below the Bend median list price. See full Bend market →