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20514 NE Empire Ave, Bend, OR, 97701

3beds
2baths
1,464sqft
$470,000
$321price/sqft
$2,881/moest. monthly cost
$115,240/yrincome needed

About This Home

Welcome to Grimentz Luxury Townhomes, a premier new community in the heart of Bend showcasing award-winning design, quality craftsmanship, and breathtaking views. The layout includes: • A spacious 2-car garage • Ground-level primary suite with private bath and walk-in closet • Main-level bedroom and full bathroom—ideal for guests or multi-generational living • Upper-level flex space perfect for a home office, gym, or optional 3rd bedroom Discover the Metolius floor plan—an airy, light-filled end unit in the sought-after Grimentz Luxury Townhome community. Thoughtfully designed with high ceilings, durable LVP flooring, and stylish Northwest Contemporary finishes, this brand-new home offers comfort, flexibility, and modern living. The open-concept great room features a cozy gas fireplace and opens to a covered balcony for year-round enjoyment. Conveniently located in the heart of Bend, with excellent access to highways, shopping and dining!

Getting Around

49
WalkingCar-Dependent
20
TransitMinimal Transit
63
BikeBikeable

Schools

6/10
7/10
Sky View Middle SchoolGrades 6-81.5 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2022

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Range,Range Hood

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Features

  • Ceiling Fan(s),Enclosed Toilet(s),Linen Closet,Open Floorplan,Pantry,Primary Downstairs,Shower/Tub Combo,Smart Thermostat,Stone Counters,Tile Shower,Vaulted Ceiling(s),Walk-In Closet(s)
  • Window features: Double Pane Windows,Vinyl Frames
  • Flooring: Carpet,Laminate,Tile
  • Fireplace features: Gas,Great Room
  • Fireplace: Yes
  • Common walls with other units/homes: 1 Common Wall

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air,Heat Pump

Interior Area

  • Total structure area: 1,464
  • Total interior livable area: 1,464 sqft

Property

Details

  • Parcel number: 262007
  • Zoning description: RH
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Stories: 3
  • Patio & porch: Deck,Patio,Porch
  • Has view: Yes
  • View description: Mountain(s),Neighborhood,Territorial

Lot

  • Lot size: 2,178 sqft
  • Features: Landscaped,Level,Native Plants,Sprinklers In Front

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Lightning
Winter Weather
Cold Wave
Hail
Inland Flooding

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 $2,376$28,512
Home Insurance *$98$1,176
Property Taxes $231$2,772
Electricity $176$2,119
Total$2,881$34,572
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$98,777/yr
40% on housing$86,430/yr
45% on housing$76,826/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

$321This listing

vs Other Active Listings

Avg $/sqft

ZIP 97701$307
Deschutes County$360

vs Homes Sold Last Month

Median $/sqft

ZIP 97701$360
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)

No zestimate history available

Price History

DateEventPrice
2026-04-24Price change$470,000
2026-01-26Price change$475,000
2025-11-12Price change$509,000
2025-08-30Listed for sale$515,500

New Construction

AgentJenna Karin Raanes
BrokerageCascade Hasson SIR

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