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61579 SW Riverwalk Ln, Bend, OR, 97702

4beds
4baths
2,579sqft
$1,074,500
$417price/sqft
$6,403/moest. monthly cost
$256,120/yrincome needed

About This Home

Seller offering $15,000 credit to buyer at closing! Low-maintenance living w/ immediate cash flow near Bend's coveted Old Mill District, less than a mile from shops, amphitheater, parks, trails, & the river. This rare opportunity includes a fully leased ground-level ADU generating $1,625/month in rental income. The ADU features one bedroom, a full bath w/ heated floors, laundry w/ washer/dryer, private entrance, patio, & dedicated storage. The main home offers three bedrooms, flex space ideal for an office, den, or guest bedroom, 2.5 baths, Earth Advantage Certification, luxury finishes, 8-ft VanAir doors, GE Café appliances w/ refrigerator & wine fridge, washer/dryer, custom blinds, heated tile floors in the primary bath, multiple covered outdoor living spaces, & a two-car garage. HOA dues of $161/month cover snow removal & exterior paint, siding, & roofing. Enjoy luxury living, low-maintenance ownership w/ proven rental income while experiencing all that Central Oregon has to offer.

Getting Around

49
WalkingCar-Dependent
27
TransitSome Transit
75
BikeVery Bikeable

Schools

8/10
10/10
Cascade Middle SchoolGrades 6-81.2 mi
5/10
Bend Senior High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 2023

Materials

  • Foundation: Stemwall
  • Roof: Membrane
  • Construction materials: Frame

Other

  • Builder name: Yelas Custom Homes

Type & Style

  • Home type: Townhouse
  • Architectural style: Contemporary
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Oven,Range,Range Hood,Refrigerator,Washer,Water Heater,Wine Refrigerator

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Features

  • Breakfast Bar,Built-in Features,Double Vanity,Dual Flush Toilet(s),Enclosed Toilet(s),In-Law Floorplan,Kitchen Island,Linen Closet,Open Floorplan,Pantry,Shower/Tub Combo,Smart Thermostat,Soaking Tub,Solid Surface Counters,Stone Counters,Tile Shower,Walk-In Closet(s)
  • Window features: Low Emissivity Windows,Double Pane Windows,ENERGY STAR Qualified Windows,Skylight(s)
  • Flooring: Hardwood,Tile
  • Fireplace features: Gas,Great Room
  • Fireplace: Yes
  • Common walls with other units/homes: 1 Common Wall

Heating & Cooling

  • Heating features: Fireplace(s),Ductless,Electric,ENERGY STAR Qualified Equipment,Heat Pump,Natural Gas,Zoned
  • Cooling features: Ductless,ENERGY STAR Qualified Equipment,Heat Pump,Zoned

Interior Area

  • Total structure area: 2,126
  • Total interior livable area: 2,579 sqft

Property

Accessibility

  • Accessibility features: Smart Technology

Details

  • Parcel number: 276933
  • Zoning description: RM
  • Special condition: Standard
  • Exclusions: Furniture,staging items

Features

  • Levels: Three Or More
  • Stories: 3
  • Patio & porch: Covered,Covered Deck,Front Porch,Patio,Rear Porch,Screened,Side Porch
  • Has view: Yes
  • View description: City,Neighborhood

Lot

  • Lot size: 2,613 sqft
  • Features: Drip System,Landscaped,Native Plants

Parking

  • Total spaces: 2
  • Parking features: Alley Access,Attached,Driveway,Electric Vehicle Charging Station(s),Garage Door Opener,On Street
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Winter Weather

FEMA Declared Disasters in Deschutes County and Oregon

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,433$65,196
Home Insurance *$208$2,496
Property Taxes $528$6,336
Electricity $234$2,808
Total$6,403$76,836
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$219,531/yr
40% on housing$192,090/yr
45% on housing$170,746/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.6%
0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$417This listing

vs Other Active Listings

Avg $/sqft

ZIP 97702$420
Deschutes County$360

vs Homes Sold Last Month

Median $/sqft

ZIP 97702$357
Deschutes County$380

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-09Listed for sale$1,074,500
2024-06-27Listing removed--
2024-06-22Listed for rent$4,250
2021-04-09Sold$249,000
2021-02-23Pending sale$129,500
2021-02-19Listed for sale$129,500
2018-07-31Sold$105,000

For Sale by Agent

AgentSean Barton
BrokerageCascade Hasson SIR

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