Oregon Water Wonderland gem on a half-acre lot! This 2,340 sq ft home offers a rare and flexible multi-generational layout, featuring the original main structure with an open great room, 2 bedrooms, 2 baths, custom tiled shower, and sunroom, plus a stunning permitted 2-story addition complete with a great room, flex room ideal for an art or craft studio, wet bar, upper-level bedroom, storage closet, and future bath plumbing potential. Step outside to a relaxing outdoor sauna outbuilding and enjoy the oversized 2-car garage. All nestled in a vibrant community offering sewer and water, paved roads, street snow removal, and a community boat dock and launch. Updated throughout since 1999, this property blends comfort, versatility, and lifestyle in one exceptional package. A must-see!
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Listing courtesy of Works Real Estate, agent Terry Denoux, 503-714-7053
Data last updated July 28, 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.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $466,000 · $117,000 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 $2,336 ($2,100–$2,675) · HUD Fair Market Rent (FY2025), Deschutes County, 3BR. Edit to your own number.
At $583,000 with 20% down, this property runs $1,759 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.
