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Bring your ideas and inspiration to this 5-acre property in the heart of Alfalfa. Stunning Cascade Mountain Views and a dream come true for outdoor enthusiasts. Located right on the BLM road and directly across from miles of public land, you'll have immediate access to ATV trails, shooting areas, and fishing at nearby Reynolds Pond—all just steps from your front door. Seller has used back of property for a shooting range and ATV track. This well cared for 3 bedroom home is 1,940 sqft and offers unobstructed Cascade Mtn views from nearly every window and a spectacular mtn view from the wrap around patio. Features a spacious great room with vaulted ceilings, a cozy wood-burning stove and high quality mini splits installed in 2024. Water access and 400 amps of power to the back of the property, and a 710' well. 12' gates on N and S side of property. New Well Pump 2022, New pressurized pump 2023, 2 storage sheds and No HOA.
A rough estimate, not a quote. Loan amount $519,200 · $129,800 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
4.95 acres on the county assessor's map. Tax lot 1714260000900, Deschutes County Assessor's Office. Lot lines come from the county assessor’s tax maps. They show the recorded shape of a parcel, not a survey, and they are not a legal boundary. Order a survey before you rely on a line. Roads, rivers and lakes: US Census TIGER/Line 2024, drawn in this map's own projection.
715 listings of every type for sale, 335 pending, 200 sold in the last 30 days. Tap a place for its numbers, or slide the price.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share inside the recorded boundary of Bend, plus the closes of the last 30 days. Counts and medians cover every listing read for this map. The map outlines 61 of the 1,001 places with a recorded boundary here; listings outside an outline are counted and drawn as dots with no outline to tap. Roads, rivers and lakes: US Census TIGER/Line 2024, drawn in this map's own projection.
Education
| Date | Event | Price |
|---|---|---|
| Dec 11, 2025 | Price drop | $640,000$58K down |
| May 16, 2025 | Listed | $698,000 |
$335 per sq ft
208 days on market. Bend median to pending is 22 days.
Tax $3,800 per year.
The full analysis names every comparable sale and shows the adjustment we made for each one.
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 $2,336 ($2,100–$2,675) · HUD Fair Market Rent (FY2025), Deschutes County, 3BR. Edit to your own number.
At $649,000 with 20% down, this property runs $2,089 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 Stellar Realty Northwest, agent Dani Thornton, 541-508-3148
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.
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▶ Tour4.95 acres on the county assessor’s map, tax lot 1714260000900 · County record
Lot lines come from the county assessor’s tax maps. They show the recorded shape of a parcel, not a survey, and they are not a legal boundary. Order a survey before you rely on a line.
In Bend, the largest city in Central Oregon, between the high desert and the Cascades.
Median close price $750,000 in Aug 2026, down 5.7% from Aug 2025.
Sep 2024 to Aug 2026 (24 months) · Market Truth leftover, Bend city, monthly median close. Completed months only.
This home is listed at $649,000, 31.6% below the Bend median list price. See full Bend market →