Enjoy peaceful country living near Lost Creek Lake on 1.35-acres in the Evergreen Meadows Subdivision. This 2-bedroom + den/office, 2-bath, 1,364-sq. ft. home, built in 1997, features vaulted ceilings, quartz countertops, kitchen pantry, laundry room and a spacious primary suite with walk-in closet, double sinks and walk-in shower. Relax in the sunroom or on the covered 12x30-deck, and stay comfortable year-round with new mini splits (2024). The property includes an attached 2-car garage, a 24x40-shop with workbenches, RV parking and a fenced yard for dogs. Zoned RR-5 with cul-de-sac location, public water through Evergreen Meadows Water Improvement District and septic system. Outdoor enthusiasts will love nearby fishing, rafting, hiking, boating, and skiing, plus Crater Lake National Park and Diamond Lake Resort are just an hour away.
Listing courtesy of Windermere Trails End R.E., agent Michael Malepsy
Data last updated July 12, 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.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $336,000 · $84,000 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 $2,100 ($1,775–$2,425) · starting estimate. Edit to your own number.
At $420,000 with 20% down, this property runs $908 per month negative. Adjust the price, down payment, or rent to find what works.
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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.
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