Listing courtesy of Windermere Trails End R.E., agent Michael Coble
Data last updated June 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.
One-of-a-kind cottage in the desirable Cove Community of Shady Cove, beautifully updated w/custom features throughout! From the stunning woodwork & upgraded countertops to the stylish flooring & thoughtful finishes, every inch of this home has been enhanced w/care & quality. The spacious open floor plan & abundant natural light make the interior feel much larger than expected. Beautiful deck overlooking scenic river views or enjoy the custom jacuzzi room, which could easily convert into a 2nd bdrm or guest space. The finished 294-sf basement adds versatility, while the fenced & landscaped front yard features a water feature, garden shed & frequent wildlife sightings. Includes a 1-car garage, plenty of parking & a separate finished building perfect for an office, studio, or extra living space. The community also owns 1,000 ft. of river frontage w/a beach area, BBQ & some of the best fishing grounds around. Great first home, getaway, or possible Airbnb investment, priced below $300K.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $228,000 · $57,000 down · 30 year term
See the 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 $1,425 ($1,200–$1,650) · starting estimate. Edit to your own number.
At $285,000 with 25% down, this property runs $641 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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