• Fireplace• Waterfront
Listing courtesy of Varsity Real Estate, agent Kevin Laue
Data last updated June 9, 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.
Tucked along the historic COID Canal in sought-after Ridgewater, this SE Bend gem delivers the ultimate Oregon lifestyle. The thoughtful layout features a main-floor primary suite, spacious rooms throughout, and charming built-ins that strike the perfect balance of cozy and functional. Sellers have invested wisely: zoned HVAC, tankless water heater, and whole-house humidifier ensure year-round comfort. The garage loft with lift is a hobbyist's dream. Outside, the magic truly unfolds. A wraparound Trex deck anchors an impressive outdoor kitchen and built-in gas fire pit, all serenaded by the sound of rushing canal water. Harvest fresh ingredients from your custom greenhouse before gathering with friends or stealing a quiet moment in your own backyard sanctuary. A home this special, on a lot this rare, doesn't come twice. Come experience it for yourself.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $700,000 · $175,000 down · 30 year term
See the 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 $875,000 with 25% down, this property runs $3,038 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.
We pull climate risk data from FEMA flood maps, the Deschutes County wildland-urban interface map, and NOAA heat trends. Detailed scoring for this property is on request.
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