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Step into single level serenity in this charming 3-bedroom and 2-bathroom home, offering 1,512 square feet of well-designed living space where abundant natural light sets a warm and welcoming tone. The inviting layout includes a versatile bonus room that can easily serve as a guest suite, home office, gym, or playroom tailored to your lifestyle. Located in a quiet and established neighborhood, this home is perfect for those seeking community and convenience. Enjoy an expansive fenced yard, ideal for kiddos, furry friends, outdoor games and weekend barbeques, complete with mature trees for shade and privacy. Additional features include a garage with built-in shelving, RV parking, and a shed for extra storage. With restaurants, shopping, schools and parks just a stone's throw away, the location is the perfect base camp for Central Oregon adventure. Move-in ready and full of potential, this home invites your personal touches. Welcome home!
A rough estimate, not a quote. Loan amount $479,200 · $119,800 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
0.48 acres on the county assessor’s map, tax lot 181203DB01000 · County record
Lot lines come from the county assessor’s tax maps. They show the recorded shape of a parcel, not a survey, and they are not a legal boundary. Order a survey before you rely on a line.
0.48 acres on the county assessor's map. Tax lot 181203DB01000, Deschutes County Assessor's Office. Lot lines come from the county assessor’s tax maps. They show the recorded shape of a parcel, not a survey, and they are not a legal boundary. Order a survey before you rely on a line. Roads, rivers and lakes: US Census TIGER/Line 2024, drawn in this map's own projection.
56 listings of every type for sale, 16 pending, 9 sold in the last 30 days. Tap a place for its numbers, or slide the price.
In Bend, the largest city in Central Oregon, between the high desert and the Cascades.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share inside the recorded boundary of Larkspur, plus the closes of the last 30 days. Counts and medians cover every listing read for this map. The map outlines 81 of the 143 places with a recorded boundary here; listings outside an outline are counted and drawn as dots with no outline to tap. Roads, rivers and lakes: US Census TIGER/Line 2024, drawn in this map's own projection.
Education
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 |
|---|---|---|
| Sep 25, 2025 | Price drop | $590,000$9K down |
| Sep 19, 2025 | Listed | $599,000 |
$396 per sq ft
5 days on market. Bend median to pending is 22 days.
Tax $3,176 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.
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 to $2,675) · HUD Fair Market Rent (FY2025), Deschutes County, 3BR. Edit to your own number.
Cash flow
-$1,771/mo
Cap rate
2.8%
Cash on cash
-17.7%
Cash needed
$119,800
At $599,000 with 20% down, this property runs $1,771 per month negative. Adjust the price, down payment, or rent to find what works.
Monthly cash flow
| Year | Value | Equity | Cash flow |
|---|---|---|---|
| 1 | $616,970 | $142,638 | -$21,249 |
| 2 | $635,479 | $166,367 | -$20,909 |
| 3 | $654,543 | $191,028 | -$20,562 |
| 5 | $694,405 | $243,327 | -$19,847 |
| 10 | $805,006 | $393,793 | -$17,931 |
| 20 | $1,081,861 | $807,279 | -$13,479 |
| 30 | $1,453,930 | $1,453,930 | -$8,053 |
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 Jenn Schaake, 541-593-2122
Data last updated September 3, 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.
Median close price $750,000 in Aug 2026, down 5.7% from Aug 2025.
Sep 2024 to Aug 2026 (24 months) · Market Truth leftover, Bend city, monthly median close. Completed months only.
This home is listed at $599,000, 37.1% below the Bend median list price. See full Bend market →