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Brand new roof coming next week! This inviting single level centrally located in SE Bend boasts thoughtfully updated kitchen, bathrooms, lighting, flooring and window coverings throughout. Newer gas stove, mini split and electrical panel round out the upgrades. Nestled on a large .23 acre lot this home invites you to settle in and enjoy the peaceful surroundings. Picture yourself walking through the backyard to watch the sunset from the greenway trail, refreshing in the custom multi jet/rain shower, or enjoying the stars while relaxing in your private hot tub. HOA handles the lawn leaving you more time for all your Central Oregon adventures. Garage features work bench and lots of built in storage. HOA has given approval for new owner to add privacy fence across back if desired. Let's get your next chapter started!
A rough estimate, not a quote. Loan amount $439,200 · $109,800 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
See everything for sale in Old Farm District
Neighborhood
Old Farm District sits in Bend's southeast quadrant, roughly bounded by Highway 97 on the west, SE 27th Street on the east, Reed Market Road on the north, and Murphy Road on the south, per the Old Farm District Neighborhood Association's own boundary description. The name comes straight from the land's former use. Before Bend's growth reached this far southeast, these parcels grew food for the town. A Central Oregon Irrigation District canal still runs through the district today, a working piece of that agricultural past. The canal traces to 1902, when Alexander M. Drake, the same Drake behind downtown's Drake Park, formed the Pilot Butte Development Company and began diverting water from the Deschutes River. His company had the Central Oregon and Pilot Butte Canals built by 1907, then sold out before the irrigation district itself existed. On December 17, 1917, the company was handed over to the farmers who used it, and they organized what is now the Central Oregon Irrigation District.
That agricultural start explains a lot about the neighborhood today. Much of Old Farm District developed under Deschutes County jurisdiction, before the city annexed the area, and county code from that era asked for fewer sidewalks and did not require builders to plan streets around future traffic. The BNSF railroad and the COID canal now cut across the neighborhood with few places to cross from one side to the other. A Bend Bulletin report on the district found a concrete example of what that means. A trip that covers 1.5 miles as the crow flies can turn into a 5-mile drive once you account for where the tracks and the canal force you around. That is the honest trade-off of living here. You get more land, and historically a lower price than northwest or west Bend homes. You give up the tight street grid and short drive times those neighborhoods take for granted.
Daily life
Drive times
| Date | Event | Price |
|---|---|---|
| Aug 26, 2026 | Sold | $549,000 |
| Jul 5, 2026 | Pending | $549,000 |
| Jun 29, 2026 | Price change | $549,000$10K down |
| May 26, 2026 | Listed | $559,000 |
$352 per sq ft
90 days on market. Bend median to pending is 21 days.
HOA $175 per month. Tax $3,050 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–$2,675) · HUD Fair Market Rent (FY2025), Deschutes County, 3BR. Edit to your own number.
At $549,000 with 20% down, this property runs $1,669 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 Stellar Realty Northwest, agent Leslie Cutler, 541-508-3148
Data last updated August 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.
Aug 2024 to Jul 2026 (24 months) · Market Truth leftover, Bend city, monthly median close. Completed months only.
This home is listed at $549,000, 42.2% below the Bend median list price. See full Bend market →