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156358 Sherrie Way, La Pine, OR, 97739

2beds
3baths
1,800sqft
$545,000
$303price/sqft
$3,360/moest. monthly cost
$134,400/yrincome needed

About This Home

Rare riverfront home on the Little Deschutes River. Updated 2 bed / 2.5 bath home with a large daylight basement flex space offering approximately 1,800 SF on just over 1 acre of land. Home features an open, light filled layout, updated finishes and flexible lower-level space for guests, office, gym or family room. Seller is a Licensed Real Estate Broker in the State of Oregon. Please call or text to arrange property showings.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

2/10
2/10
Lapine Middle SchoolGrades 6-85.3 mi
2/10
Lapine Senior High SchoolGrades 9-125.1 mi

Construction

Condition

  • Year built: 1980

Materials

  • Foundation: Continuous
  • Roof: Shingle
  • Construction materials: Fiber Cement

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Electric Water Heater

Basement

  • Has basement: Yes
  • Basement: Daylight,Finished

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Flooring: Carpet

Heating

  • Heating features: Ductless/Mini-Split

Interior Area

  • Total structure area: 1,800
  • Total interior livable area: 1,800 sqft

Property

Details

  • Zoning: RR

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck
  • Fencing: Partial
  • Has water view: Yes
  • On waterfront: Yes
  • Waterfront features: Waterfront

Lot

  • Lot size: 1.01 Acres

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

  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Volcanic Activity
    Volcanic ActivityModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Winter Weather
Earthquake
Hail
Volcanic Activity
Wildfire

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 $2,755$33,060
Home Insurance *$162$1,944
Property Taxes $267$3,204
Electricity $176$2,119
Total$3,360$40,320
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$115,200/yr
40% on housing$100,800/yr
45% on housing$89,600/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

$303This listing

vs Other Active Listings

Avg $/sqft

ZIP 97739$364
Deschutes County$360

vs Homes Sold Last Month

Median $/sqft

ZIP 97739$283
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
2026-06-15Price change$545,000
2026-05-21Listed for sale$575,000

For Sale by Agent

AgentERIC SWANSON
BrokerageSmi Real Estate

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