**Rare opportunity to own 1.25 acres across TWO tax lots in the heart of Central Oregon's outdoor paradise! Whether you're dreaming of a recreation basecamp, homestead, workshop property, or full-time residence, this property offers the space and flexibility to make it your own. The 1,260 sq. ft. home features 2 bedrooms, plus an office, hobby room, storage room with built-in shelving, and dedicated workshop space. Outside you'll find a huge powered shop, additional garage/workshop space, RV cover, fenced backyard, generous turnaround driveway, and plenty of room for RVs, trailers, boats, and outdoor toys. Just minutes from Crescent Lake, Odell Lake, Willamette Pass Ski Area, fishing, hiking, snowmobiling, and ATV trails. Bring your creativity and build equity restoring this unique property. Buyer to perform their own due diligence regarding the second bedroom and its intended use. Buyer to verify development potential of the two tax lots.
Listing courtesy of Knipe Realty ERA Powered, agent Mary Bartholomew, 541-797-0701
Data last updated July 27, 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 $223,000 · $56,000 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 $1,400 ($1,200–$1,600) · starting estimate. Edit to your own number.
At $279,000 with 20% down, this property runs $620 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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