Listing courtesy of Crater Lake Realty,Inc., agent Lorna Rigdon
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.
Awesome 3-bedroom, 2-bath home on approximately 0.37 acres in the desirable Oregon Shores II subdivision. Enjoy beautiful views of the surrounding mountains and natural landscape. Monitor heater & a small storage shed. Previously used as a rental, it presents a great opportunity for investors, a vacation getaway, or a full-time residence. New roof/carpet in 2026. CCR's & yearly HOA fee of a current $200 per lot which covers water usage, road maintenance and access to the Oregon Shores 2 recreational gated lakefront park for camping, RV Boat Launch. Just minutes to the Williamson/Wood & Sprague Rivers, approx. 30 miles to Crater Lake National Park.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $184,000 · $46,000 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 $1,150 ($975–$1,325) · starting estimate. Edit to your own number.
At $230,000 with 25% down, this property runs $451 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.
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