
Listing courtesy of ICON Real Estate Group, agent Rita Verdugo
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 Alert - Two Parcels with Big Potential! Spacious 3-bedroom, 2-bath home situated on a .44-acre lot, offered together with an additional adjoining .44-acre parcel. The second lot has its own address and access from Kerry, creating an excellent opportunity to build a second home or investment property. The home has been freshly painted inside and out, and features a large picture window and a sunroom that showcase year-round views of the surrounding meadows and mountains. Oversized, 24 x 30, detached garage/shop provides plenty of space for storage or hobbies . Located within a desirable lake community, residents enjoy access to a 17-acre gated park on Agency Lake, complete with camping sites, a clubhouse, and space for gatherings with family and friends. The setting combines beautiful natural scenery with flexible investment potential,making this a rare find for both homeowners and developers.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $232,000 · $58,000 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 $1,450 ($1,225–$1,675) · starting estimate. Edit to your own number.
At $290,000 with 25% down, this property runs $605 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.
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