If you've been waiting for the right Black Butte Ranch opportunity, this is it. Set on nearly half an acre, this fully furnished 3,482 sq ft retreat offers 4 bedrooms, 3 baths, multiple gathering spaces, soaring wood ceilings, exposed beams, and a stunning stone fireplace that has anchored decades of memories. Beautifully preserved with authentic Northwest character, it is ready to enjoy the day you close while leaving room to make it your own over time. Major investments are already complete, including a newer roof and a brand new $61,000 composite wraparound deck built for years of gathering under the pines. Imagine mornings with coffee on the deck, afternoons playing pickleball, golfing, or biking the trails, relaxing by the pool, evenings around the fireplace, and weekends spent making memories. Whether you're creating your own mountain retreat or taking advantage of Black Butte Ranch's full service rental program, this is the kind of place people return to year after year.
A rough estimate, not a quote. Loan amount $1,039,200 · $259,800 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
2 listings of every type for sale, 1 pending. Pinch or scroll to zoom. Tap a place to open it, a mark to open the home.
0.45 acres on the county assessor's map, tax lot 140922B002200 · County record. 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.
In Sisters, at the foot of the Three Sisters.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share inside the recorded boundary of Black Butte Ranch. The wash is sales density of closes in the last 90 days; homes for sale and pending stay as marks. Pulses and the sold count are the closes of the last 30 days. Counts and medians cover every listing read for this map. The map outlines the 55 places with a recorded boundary; listings outside them 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.
Black Butte Ranch
Source: leftover membership, active single-family houses in Black Butte Ranch. This price is the published list price. · updated Sep 4, 2026
These 1 Black Butte Ranch sales closed in $2–3M
| Date | Event | Price |
|---|---|---|
| Jun 18, 2026 | Listed | $1,299,000 |
Monthly cash flow, cap rate, and cash-on-cash return at this price. Adjust the numbers to your own financing and rent.
Estimate $2,799 ($2,525 to $3,225) · HUD Fair Market Rent (FY2025), Deschutes County, 4BR. Edit to your own number.
Cash flow
-$6,202/mo
Cap rate
0.7%
Cash on cash
-28.6%
Cash needed
$259,800
At $1,299,000 with 20% down, this property runs $6,202 per month negative. Adjust the price, down payment, or rent to find what works.
Monthly cash flow
| Year | Value | Equity | Cash flow |
|---|---|---|---|
| 1 | $1,337,970 | $309,326 | -$74,421 |
| 2 | $1,378,109 | $360,785 | -$74,250 |
| 3 | $1,419,452 | $414,266 | -$74,076 |
| 5 | $1,505,897 | $527,682 | -$73,717 |
| 10 | $1,745,747 | $853,985 | -$72,754 |
| 20 | $2,346,138 | $1,750,676 | -$70,518 |
| 30 | $3,153,014 | $3,153,014 | -$67,792 |
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.

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Listing courtesy of Real Broker, agent Breanne Bauer, 855-450-0442
Data last updated September 5, 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.