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Rare rimrock opportunity! This 3.53-acre property spans two tax lots overlooking the original 1916 CRR homestead, offering breathtaking Mt Hood, Crooked River Canyon, Juniper Butte, Grey Butte, and Smith Rock views, with other potential Cascade Mountain views from a future two-story home. Live comfortably in the existing manufactured home while designing your dream residence - or capitalize on the investment potential by building a new home on each lot (buyer to verify). Now priced more than $20,000 below the County's assessed RMV, this is an exceptional value. Enjoy all Crooked River Ranch amenities, including golf, pool, pickleball, parks, trails, sport fields, horseback riding, disc golf, RV park, general store, saloon, senior center, and access to the Crooked and Deschutes Rivers. Don't miss this unique opportunity - schedule your showing today!
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $506,000 · $126,000 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 $1,667 ($1,500–$1,925) · HUD Fair Market Rent (FY2025), Deschutes County, 2BR. Edit to your own number.
At $632,000 with 20% down, this property runs $2,419 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.
Listing courtesy of Berkshire Hathaway HomeService, agent Mitch Darby, 541-322-8880
Data last updated August 1, 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.
