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PRICE IMPROVEMENT! WATER RIGHTS, CREEK, AND CHARACTER!! ATTENTION INVESTORS!! THIS IS A MUST SEE, to really enjoy and see potential this place has. This rare 1.58 acre lot in Bend is full of charm, natural beauty, and endless potential. With valuable water rights and a seasonal creek meandering through the property, it offers both practicality and serenity. The land is rich with character-mature trees provide privacy and shade, and there's even a whimsical treehouse, perfect for quiet retreats. Whether you are envisioning a dream home, hobby farm, or nature-inspired getaway, this one-of-a-kind property is ready to bring your vision to life. Peaceful, private, and within town limits. Close to the hospital, shopping, and restaurants. POTENTIAL FOR SUBDIVISION- buyer to verify with the city. This property may be eligible for division into multiple lots, subject to city approval and zoning regulations. Seller is very motivated to sell. Bring in all offers!!!
ListPrice: 1375000.00 → 1250000.00
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $1,000,000 · $250,000 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 $2,799 ($2,525–$3,225) · HUD Fair Market Rent (FY2025), Deschutes County, 4BR. Edit to your own number.
At $1,250,000 with 20% down, this property runs $5,047 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 Central Oregon Real Estate Pro, agent Brenda Wicks, 541-546-6382
Data last updated August 3, 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.
