$315,000
255 Shipley
Prospect, OR 97536 · Evergreen Meadows Subdivision
Active66 days on market$233/sqft
Facts
Property details
Overview
Listing courtesy of Beyond Real Estate Brokers, agent Shelly Simpson
Data last updated June 22, 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.
This 2-bedroom, 2.5-bath home offers a fantastic floor plan and breathtaking mountain views from nearly every window and deck. Tucked into a private setting, you'll even catch a peek of the nearby lake--just about half a mile away--making it easy to enjoy boating, fishing, or waterskiing year-round.
While the home could use a little TLC, the price reflects the opportunity. Bring your vision and make this property truly shine. With its layout, location, and views, this is the perfect chance to create something special--whether you're looking for a full-time residence, vacation home, or investment.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $252,000 · $63,000 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 $1,575 ($1,350–$1,800) · starting estimate. Edit to your own number.
At $315,000 with 25% down, this property runs $741 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.
Get the rental projection