Listing courtesy of Central Oregon Realty Group, agent Mark Ossinger
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.
Located in that stretch between Bend and Sisters, which doesn't give up flat acreage easily. This nearly five-acre parcel on Fryrear Road sits right in that corridor, and it comes with a house that has a layout worth paying attention to. Built in 1979, with early timber frame details, the two-story structure puts the entire second floor to work as the primary suite., which has a view deck. The Three Sisters are visible from up there, filtered through the tree line, the kind of view that earns its keep on a clear morning. Two outbuildings and a gazebo are already in place on ground that stays mostly level throughout. The house has plenty of room for a new owner's intentions. The land needs nothing. Flat, workable acreage midway between two of Central Oregon's most active real estate markets doesn't show up very often. This property stands as one of the more straightforward land-and-structure opportunities, where vision and investment would build equity.
This home is listed at $640,000 · 19.2% below the Bend median list. See full Bend market →
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $512,000 · $128,000 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 $2,799 ($2,525–$3,225) · HUD Fair Market Rent (FY2025), Deschutes County, 4BR. Edit to your own number.
At $640,000 with 25% down, this property runs $1,714 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.
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