
Bring your vision to this rare 1.25-acre property spanning TWO tax lots in the heart of Central Oregon's outdoor playground. Located just minutes from Crescent Lake, Odell Lake, Willamette Pass Ski Area, hiking, fishing, snowmobiling, ATV trails, and endless recreation, this property is ready for its next chapter. The 1,260 sq. ft. home offers one official bedroom plus multiple finished bonus rooms, including a spacious flex room with a closet, office, hobby room, storage room with built-in shelving, and dedicated workshop area. Outside, enjoy a huge powered shop, additional garage/workshop space, RV cover, fenced backyard, and generous turnaround driveway with room for RVs, trailers, boats, and all your outdoor toys. Restore, reimagine, and build equity while creating your own recreation retreat, homestead, or multigenerational property. Buyer to verify development potential of the two tax lots.












Listing courtesy of Knipe Realty ERA Powered, agent Mary Bartholomew
Data last updated July 3, 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 $239,000 · $60,000 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 $1,500 ($1,275–$1,725) · starting estimate. Edit to your own number.
At $299,000 with 20% down, this property runs $649 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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