$599,000
47970 Highway 31
Summer Lake, OR 97640 · N/A
Active25 days on market$240/sqft
Facts
Listing courtesy of Cascade Hasson SIR, agent Perry Cross
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.
What a special location! Perched above Summer Lake sits a well crafted custom home with panoramic views of the lake, mountains and majestic dark sky. Oregon Outback is part of the dark sky sanctuary and offers unparalleled star gazing. This 40 acre property offers a private setting to retreat and abuts national forest with thousands of acres to explore. Positioned to take in the views, this 2,500 sq.ft. home blends comfort, charm and character. As you walk in you are greeted by a vaulted great room, a wall of windows/glass doors with amazing views and custom knotty pine built in cabinetry. The kitchen is welcoming with plenty of workspace and a Heartland vintage-style stove. A spacious primary ensuite plus a second bedroom & bathroom. Enjoy the best viewing from the partially covered deck. Below the main living level is a large storage/work room. Gated, fenced & low maintenance landscape. Fly-fishing on the Chewaucan River and bass fishing at Ana Reservoir nearby. Come and unwind!
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $479,000 · $120,000 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 $3,000 ($2,550–$3,450) · starting estimate. Edit to your own number.
At $599,000 with 25% down, this property runs $1,167 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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