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Stunning log cabin set among pines on 1.48-acre homesite. Living room w/ vaulted ceilings, skylights, beautiful flooring & certified wood-burning stove. Updated kitchen w/ newer countertops, SS appliances, farmhouse sink & skylight. Primary suite w/ vaulted ceilings, private bath & sliding doors to yard. Patio is made for summer BBQs. Wiring in place for future hot tub. Impressive 36' x 24' fully insulated shop w/ certified wood stove, loft storage, workbenches & room for projects & equipment plus a 12'x36'x13' RV carport. An 18' x 20' carport for covered storage, full RV hookups. Gate is auto open, road surface newly paved. ATV & snowmobile directly into Deschutes National Forest on trails surrounding Masten Butte, Twin Lakes, Wickiup Reservoir. Hikers, bikers, anglers will love access to 27 acres of private Little Deschutes River common area w/ nearby river access & swimming holes reserved for community members. New water pressure tank in 2024 & newer hot water heater.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $412,000 · $103,000 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 $2,336 ($2,100–$2,675) · HUD Fair Market Rent (FY2025), Deschutes County, 3BR. Edit to your own number.
At $515,000 with 20% down, this property runs $1,299 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 eXp Realty, LLC, agent Nickolas Shivers, 888-814-9613
Data last updated August 1, 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.
