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With serene canal views and easy access to the central Oregon canal trail system this home offers an unbeatable location. Inside this single-level retreat, you'll find an open floor plan with vaulted ceilings, fresh flooring, updated light fixtures throughout, and stainless steel appliances. The primary suite features a beautifully remodeled primary bath with a skylight in the full tile shower including a glass door. The custom vanity features soft close extra deep drawers, under cabinet lighting and a quartz countertop. Storage is abundant with garage shelving, attic storage, and a finished storage room for all your gear plus a garden shed! Step outside onto a large new (2024) easy care composite deck, an ideal spot to take in the wildlife and peaceful waterfront canal setting. Prefer low-maintenance living? The HOA provides lawn care, irrigation, snow removal and yard waste pick up, leaving you more time to enjoy your surroundings. Centrally located & close to Alpenglow Park!
A rough estimate, not a quote. Loan amount $419,920 · $104,980 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
0.22 acres on the county assessor’s map, tax lot 181209DA04700 · 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.
0.22 acres on the county assessor's map. Tax lot 181209DA04700, 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.
63 listings of every type for sale, 28 pending, 25 sold in the last 30 days. Tap a place for its numbers, or slide the price.
In Bend, the largest city in Central Oregon, between the high desert and the Cascades.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share inside the recorded boundary of Old Farm District, plus the closes of the last 30 days. Counts and medians cover every listing read for this map. The map outlines 82 of the 154 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.
Neighborhood
Old Farm District sits in Bend's southeast quadrant, roughly bounded by Highway 97 on the west, SE 27th Street on the east, Reed Market Road on the north, and Murphy Road on the south, per the Old Farm District Neighborhood Association's own boundary description. The name comes straight from the land's former use. Before Bend's growth reached this far southeast, these parcels grew food for the town. A Central Oregon Irrigation District canal still runs through the district today, a working piece of that agricultural past. The canal traces to 1902, when Alexander M. Drake, the same Drake behind downtown's Drake Park, formed the Pilot Butte Development Company and began diverting water from the Deschutes River. His company had the Central Oregon and Pilot Butte Canals built by 1907, then sold out before the irrigation district itself existed. On December 17, 1917, the company was handed over to the farmers who used it, and they organized what is now the Central Oregon Irrigation District.
That agricultural start explains a lot about the neighborhood today. Much of Old Farm District developed under Deschutes County jurisdiction, before the city annexed the area, and county code from that era asked for fewer sidewalks and did not require builders to plan streets around future traffic. The BNSF railroad and the COID canal now cut across the neighborhood with few places to cross from one side to the other. A Bend Bulletin report on the district found a concrete example of what that means. A trip that covers 1.5 miles as the crow flies can turn into a 5-mile drive once you account for where the tracks and the canal force you around. That is the honest trade-off of living here. You get more land, and historically a lower price than northwest or west Bend homes. You give up the tight street grid and short drive times those neighborhoods take for granted.
Daily life
Drive times
| Date | Event | Price |
|---|---|---|
| Oct 16, 2025 | Price increase | $528,000$3K up |
| Aug 28, 2025 | Listed | $525,000 |
$395 per sq ft
47 days on market. Bend median to pending is 22 days.
HOA $175 per month. Tax $2,991 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 to $2,675) · HUD Fair Market Rent (FY2025), Deschutes County, 3BR. Edit to your own number.
Cash flow
-$1,536/mo
Cap rate
2.9%
Cash on cash
-17.6%
Cash needed
$104,980
At $524,900 with 20% down, this property runs $1,536 per month negative. Adjust the price, down payment, or rent to find what works.
Monthly cash flow
| Year | Value | Equity | Cash flow |
|---|---|---|---|
| 1 | $540,647 | $124,993 | -$18,431 |
| 2 | $556,866 | $145,786 | -$18,129 |
| 3 | $573,572 | $167,397 | -$17,821 |
| 5 | $608,503 | $213,226 | -$17,187 |
| 10 | $705,422 | $345,078 | -$15,487 |
| 20 | $948,028 | $707,413 | -$11,536 |
| 30 | $1,274,070 | $1,274,070 | -$6,721 |
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 Redfin, agent Haley McFarlane, 503-489-8170
Data last updated September 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.
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 $525,000, 44.9% below the Bend median list price. See full Bend market →