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Very Motivated Seller. Endless possibilities await--bring your drawing board! Located within city limits and equipped with all utilities, this property offers exceptional flexibility. There are currently two homes, each with its own detached garage. The first home features 2 bedrooms, 1 bathroom, and 598 sq ft of living space. The second residence features 2 bedrooms, 1 bathroom, and 794 sq ft of living space. Each house is on month-to-month lease. Zoned for both commercial and residential use, this is an outstanding opportunity for investors to present their plans to the City. The property consists of two tax lots, which can potentially be divided for multiple residential units, developed into two-story rentals, or even configured as a residence with an attached commercial building.
A rough estimate, not a quote. Loan amount $520,000 · $130,000 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
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Education
| Date | Event | Price |
|---|---|---|
| Aug 31, 2026 | Price change | $650,000$25K down |
| May 4, 2026 | Price change | $675,000$24K down |
| Jan 30, 2026 | Listed | $699,000 |
0 closed sales
$1,087 per sq ft
212 days on market. La Pine median to pending is 52 days.
Tax $2,492 per year.
The full analysis names every comparable sale and shows the adjustment we made for each one.
Stamp from listing_pricing_reads. Listing fields from Spark. Place median from the live pulse. This is an estimate, not an appraisal. It is not a guarantee of price. See our terms.
New listings
Monthly cash flow, cap rate, and cash-on-cash return at this price. Adjust the numbers to your own financing and rent.
Estimate $1,667 ($1,500–$1,925) · HUD Fair Market Rent (FY2025), Deschutes County, 2BR. Edit to your own number.
At $650,000 with 20% down, this property runs $2,500 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.
Listing courtesy of La Pine Realty, agent Tisha Anderson, 541-536-1711
Data last updated September 2, 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.
Median close price $463,000 in Aug 2026, up 12.9% from Aug 2025.
Jun 2024 to Aug 2026 (24 months) · Market Truth leftover, La Pine city, monthly median close. Completed months only.
This home is listed at $650,000, 30.0% above the La Pine median list price. See full La Pine market →