
Listing courtesy of RE/MAX Integrity, agent Karla Jefferson
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.
Nothing compares to the feeling of a brand-new home--this never-lived-in property is ready for its very first owner! Located in one of the area's premier senior communities, Madrone Hills, this is one of the few locally owned parks, offering both charm and stability. Enjoy low space rent of just $685 per month, locked in through January 2028--an incredible value. This 1,167 sq ft home features 2 bedrooms and 2 full bathrooms, with vaulted ceilings and ceiling fans throughout that create a bright, open, and spacious feel. The home comes fully equipped with brand-new appliances, including a refrigerator, dishwasher, microwave, and oven. Additional features include an 8x12 shed for extra storage, a brand-new heating system, new hot water heater, and the option for an RV package available in the park--big-ticket items already taken care of for years to come. Park Amenities include Garden area for residents, dog park and clubhouse.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $148,000 · $37,000 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 $925 ($775–$1,075) · starting estimate. Edit to your own number.
At $185,000 with 25% down, this property runs $490 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.
Get the climate reportWe compute vacation rental projections from comparable short-term rentals in the same community, weighted by bed count, view, and amenities. A custom projection for this property is on request.
Get the rental projectionBrowse current listings with a full video tour. See the flow, the light, and the lot before you book a showing.