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57231 Island Rd #31, Bend, OR, 97707

2beds
2baths
1,230sqft
$679,000
$552price/sqft
$4,064/moest. monthly cost
$162,560/yrincome needed

About This Home

Situated on the Meadows Golf Course this two bed, two bath, two story condominium has been a second home for many years with a wonderful outdoor space and a screened rear deck facing south toward the golf course and hills. Close to the Village, Lodge and SHARC its location is premier and convenient. Meadow House roofs, decks, doors and windows are an owner responsibility however the association takes care of the siding, painting, common area and roads. Decks have been reconditioned and the home has been upgraded. You can watch the Grand Illumination, 4th of July and NY Eve displays from your deck. Transfer fees of $450 SROA and $150 MHW are buyer responsibility. Check SROA website for potential internet project special assessment.

Getting Around

25
WalkingCar-Dependent
0
TransitNo Nearby Transit
70
BikeVery Bikeable

Schools

4/10
Three Rivers K-8 SchoolGrades K-80.8 mi
4/10
Caldera High SchoolGrades 9-1212.1 mi
2/10
Lapine Senior High SchoolGrades 9-1214.1 mi

Construction

Condition

  • Year built: 1971

Materials

  • Foundation: Slab
  • Roof: Asphalt,Membrane
  • Construction materials: Frame

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary
  • Property subType: Condominium

Interior

Appliances

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

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2

Features

  • Fiberglass Stall Shower,Linen Closet,Primary Downstairs,Shower/Tub Combo,Stone Counters,Vaulted Ceiling(s)
  • Window features: Aluminum Frames
  • Flooring: Carpet,Stone,Vinyl
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: 1 Common Wall,No One Above,No One Below

Heating & Cooling

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

Interior Area

  • Total structure area: 1,230
  • Total interior livable area: 1,230 sqft

Property

Details

  • Parcel number: 137267
  • Zoning description: 702 Multifamily
  • Special condition: Standard
  • Exclusions: personal items

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck,Rear Porch
  • Has view: Yes
  • View description: Golf Course,Neighborhood

Lot

  • Features: Landscaped,Level,On Golf Course

Parking

  • Parking features: Asphalt

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

  • Inland Flooding
    Inland FloodingVery High
  • Wildfire
    WildfireRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Volcanic Activity
    Volcanic ActivityModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Wildfire
Earthquake
Hail
Lightning
Volcanic Activity
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 $3,433$41,196
Home Insurance *$122$1,464
Property Taxes $333$3,996
Electricity $176$2,119
Total$4,064$48,768
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$139,337/yr
40% on housing$121,920/yr
45% on housing$108,373/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

$552This listing

vs Other Active Listings

Avg $/sqft

ZIP 97707$435
Deschutes County$360

vs Homes Sold Last Month

Median $/sqft

ZIP 97707$442
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
2026-02-01Listed for sale$679,000

For Sale by Agent

AgentJoanna Johns
BrokerageSunriver Realty

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