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Location, Location! Come see this stick-built home on a paved road, featuring an attached garage and a 1728 sf hobby barn in La Pine, Oregon. Home & Barn have a recently painted exterior and a couple of freshly painted interior walls. This property is ideally located in the desirable Lazy River South area. Close to numerous recreational opportunities and backs directly to BLM land. The home offers four spacious bedrooms, two bathrooms, and approximately 1616 square feet of comfortable living space, complemented by a versatile bonus room. The thoughtful layout creates an open, airy atmosphere that's perfect for easy living. Situated across from the Little Deschutes River, you'll enjoy peekaboo Cascade views & breathtaking sunsets. You can also enjoy the gazebo in the backyard for entertaining guests! With Paulina Peak, Newberry Crater, and East Lake just up the road, adventure awaits right outside your door. Home will need some updating and TLC. Come make it your own!
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $420,000 · $105,000 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 $2,799 ($2,525–$3,225) · HUD Fair Market Rent (FY2025), Deschutes County, 4BR. Edit to your own number.
At $525,000 with 20% down, this property runs $1,014 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 Lisa Tavares, 541-536-1711
Data last updated August 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.
