Park Addition
A transferable, grandfathered Type 2 STR adds rare flexibility, making this a must-have as a primary residence or second home. Located on State Street in one of Bend's most sought-after neighborhoods, this custom home was built in 2008 by Steve Moyer within the City of Bend Historic District; offering true historic character built to modern standards, in a pocket of Bend where homes like this rarely come to market. Warm wood finishes carry throughout, including fir trim and oak floors, with natural light filling every room. The primary suite features two walk-in closets and sliders opening onto a private deck with a mountain view and a hot tub, soak while you watch the sunset. A finished basement adds a versatile living space, cozy guest suite, or home theater. Better than new, with a new furnace installed in 2025. Has a sprinter van parking spot. Live in the heart of Bend, close to Downtown, Drake Park, and the Deschutes River, moments to everything that makes historic Bend special.
New listings
AI visualization
See how an interior could feel in a different finish. Architecture stays the same. This is a visualization, not the listed condition, and not a renovation quote.
1 · Choose an interior photo
2 · Style
3 · Generate
One style at a time. Capped per visitor so costs stay honest.
A rough estimate, not a quote. Your lender gives you the real number.
Loan amount $1,600,000 · $400,000 down · 30 year term
Monthly cash flow, cap rate, and cash-on-cash return at this price. Adjust the numbers to your own financing and rent.
Estimate $2,336 ($2,100–$2,675) · HUD Fair Market Rent (FY2025), Deschutes County, 3BR. Edit to your own number.
At $1,999,500 with 20% down, this property runs $9,393 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 Varsity Real Estate, agent Justin Scott, 541-215-4442
Data last updated August 13, 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.
Source: Spark MLS. Active inventory.