$1,199,000
505 Flagline
Bend, OR 97703 · Skyliner Summit
Active16 days on market$290/sqft
Facts
Listing courtesy of Duke Warner Realty ERA Powered, agent Susanna Abrahamson
Data last updated June 22, 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.
Investor opportunity or multi-generational home in prime Bend location with strong income potential and exceptional flexibility. This 4,130 sq. ft. 5BD/5BA Skyliner Summit home offers a versatile three-level layout ideal for maximizing lifestyle and return on investment. Main level features a remodeled kitchen, primary suite, and office/optional 2nd bedroom. Lower level includes an expansive flex space plus two bedrooms with 2 full baths. The lowest level houses a fully permitted mother-in-law unit with private entrance, wet bar, and W/D provides excellent short- or long-term rental, guest, or multi-gen living options. All bedrooms have walk-in closets, and all baths are full, offering comfort and privacy. Recent upgrades are: new roof (2022), epoxy garage floor, and stained decks to support low maintenance. Three decks, fenced yard, and ample storage to accommodate Central Oregon's outdoor lifestyle. Ideally located between NWX and the Galveston corridor near trails and parks.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $959,000 · $240,000 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 $1,199,000 with 25% down, this property runs $4,888 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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