Set on 4.28 acres within the Bonanza city limits, this established property offers space, infrastructure, and plenty of potential. Mature shade trees, open pasture, fenced areas, and the Lost River setting create a distinctive rural feel, while a historic barn, large shop, detached garage, carport, greenhouse, and additional improvements provide valuable workspace and storage. The property is served by a private well, public sewer, and power. An older manufactured home with a unique A-frame addition offers rehabilitation potential for a buyer ready to take on a project. Offered as-is, this property combines acreage, substantial improvements, and an established homesite ready for its next chapter and the buyer with the vision to write it.
Listing courtesy of Coldwell Banker Holman Premier, agent Justin Sparks, 541-884-1343
Data last updated July 23, 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 $159,000 · $40,000 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 $1,000 ($850–$1,150) · starting estimate. Edit to your own number.
At $198,500 with 20% down, this property runs $478 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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