• Fireplace
Listing courtesy of La Pine Realty, agent Theresa Buxton
Data last updated June 13, 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.
Discover a great opportunity, two adjoining lots, totaling 1.14 acres, located within the City of La Pine. Nestled in a neighborhood of attractive homes, this property offers remarkable potential for development, renovation, or investment. The existing home on the property holds no current value & will require a complete renovation or tear down. Please note, it does not have a foundation. Tear down the current home to construct your dream residence with ample room for additional features such as a shop. Renovate the existing home & add a shop to suit your needs. Sell the back portion of the property for further investment opportunities. Potential for sub dividing into up to five separate lots, subject to city and county approval. Buyers should consult with the city & county to determine allowable uses for the property & verify subdivision possibilities. Seller is open to carrying a short-term Land Sale Contract.. Don't miss your chance to own a versatile parcel in a prime location.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $224,000 · $56,000 down · 30 year term
See the 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 $1,318 ($1,175–$1,525) · HUD Fair Market Rent (FY2025), Deschutes County, 1BR. Edit to your own number.
At $280,000 with 25% down, this property runs $677 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.
