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Neighborhood
Southeast Bend is one of the city's 13 recognized neighborhood districts. Its boundaries run south of Murphy Road, east of Highway 97 and the Burlington Northern railroad, and out to the city limits on the east and south. The southern edge reaches toward Knott Road, where the City of Bend's Southeast Area Plan, adopted in 2021, sets aside 446 developable acres for housing, employment, and public space. That plan is still playing out. In September 2025, Pahlisch Homes filed a planning application for a 45-acre extension called the Union Master Plan, just north of Alpenglow Park, adding roughly 366 more homes, a mix of single-family lots, townhomes, and multifamily units, to the district's edge.
The housing stock spans four decades and several distinct communities. Mountain High, a gated neighborhood off SE 15th Street, dates to 1987 and holds roughly 275 homes split across three villages, Alpine, Aspen, and Willow Creek, laid out among ponderosa pine lots with a pool and tennis courts under its own homeowners association. Older, ungated sections cluster closer to Reed Market Road. The newest wave of building arrived alongside Caldera High School, which Bend-La Pine Schools opened in fall 2021 at 60925 SE 15th Street, the district's first new high school in two decades. Pahlisch Homes' Easton community sits directly across 15th Street from the school, opened in fall 2022, and is planned to grow past 700 homes of cottages, townhomes, and single-family lots. The Bridges at Shadow Glen, built out across 78 acres between 2007 and early 2020, added roughly 380 more homes around its own clubhouse and pool.
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| Date | Event | Price |
|---|---|---|
| Aug 28, 2026 | Listed | $70,000$5K up |
| Aug 10, 2026 | Price change | $65,000 |
$55 per sq ft
0 days on market. Bend median to pending is 21 days.
HOA $1,035 per month.
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.
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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 $65,000 with 20% down, this property cash-flows $270 per month, a 11.4% cap rate and 24.9% cash-on-cash return.
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 Coldwell Banker Sun Country, agent Lisa Flerchinger, 541-447-4433
Data last updated September 1, 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.
Sep 2024 to Aug 2026 (24 months) · Market Truth leftover, Bend city, monthly median close. Completed months only.
This home is listed at $65,000, 93.2% below the Bend median list price. See full Bend market →