Location,Location, Location... This property presents an excellent development opportunity. It may be ideal for a contractor interested in creating a residential subdivision with additional land lots included in the purchase. The current residence is a small cottage with 2 bedrooms and 1 bath, garage and an additional ADU, which provides accommodation during the development process. Buyers are advised to conduct their own due diligence regarding zoning requirements and other applicable regulations. This property offers significant potential--interested parties are encouraged to schedule a viewing to assess its suitability. This sale also includes Tax Lots 601 and 602 (Acct# 10987293 341W10CA Taxlot 601, which is 0.25 acre) & (Acct# 10987294 341W10CA Taxlot 602, which is 0.24 acre). The three tax lots (601,602,& 700) total
Listing courtesy of eXp Realty, LLC, agent Michelle Fowler, 888-814-9613
Data last updated July 24, 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 $280,000 · $70,000 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 $1,750 ($1,500–$2,000) · starting estimate. Edit to your own number.
At $350,000 with 20% down, this property runs $758 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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