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A rare opportunity to own over an acre within the Bend city limits with exciting future development potential! Whether you're looking for a spacious home today or planning for tomorrow, this property offers endless possibilities. The existing 4-bedroom, 3-bath home provides comfortable living while you explore your options. With no CCRs, there's plenty of room for RVs, work vehicles, equipment, recreational toys, a large shop, or an ADU (buyer to verify). City-approved pre-planning has identified the potential for up to 13 townhomes or 8 single-family homes, making this an exceptional opportunity for builders, investors, or those seeking long-term value. Enjoy space, flexibility, and future upside in one of Bend's most desirable locations. Live in it, rent it, expand it, or develop it--the choice is yours! New=windows, flooring, light fixtures, ext paint. Woodstove upstairs, propane stove downstairs. Nice upper deck off the kitchen. Finished basement.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $596,000 · $149,000 down · 30 year term
Monthly cash flow, cap rate, and cash-on-cash return at this price. Every number is an estimate you can adjust to your own financing and rent.
Estimate $2,799 ($2,525–$3,225) · HUD Fair Market Rent (FY2025), Deschutes County, 4BR. Edit to your own number.
At $745,000 with 20% down, this property runs $2,350 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 John L Scott Bend, agent Marcella Schoenberg, 541-317-0123
Data last updated July 31, 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.
Jul 2024 to Jun 2026 (24 months) · regional MLS via the market stats cache. Completed months only.
This home is listed at $745,000 — 1.3% below the Bend median. See full Bend market →
