Oregon
Bend
505 NW Flagline Drive

$1,250,000

505 NW Flagline Drive, Bend, OR 97703

5 beds |
5 baths |
4,130 sqft

Single-Family Home
Built in 2004
7,405sqft lot
2 car garage
$303/sqft
Listed 2 months ago

Property Description

Investor opportunity in prime Bend location with strong income and value-add potential for multiple income streams. This Skyliner Summit 4,130 sq. ft. 5BD/5BA home features a fully permitted lower-level unit with private entrance, wet bar, and W/D—ideal for rental income, multigenerational living, or house hacking. The main level includes a remodeled kitchen, primary suite, and office/optional 2nd bedrm; lower level adds flex space and two more bedrooms. Each bedroom has a walk-in closet; all baths are full. Perfect for maximizing rental configuration. Recent upgrades—new roof (2022), instant hot water, epoxy garage floor, and stained decks—reduce maintenance costs. Fully fenced yard & ample storage. Prime location between NWX and Galveston corridor, steps from parks and trails. Whether you're looking for a primary residence with passive income or a pure rental investment, this property delivers versatility w/ flexible rental potential, location, and excellent long-term appreciation.

Listing Status:: Active
Date Added:: May 9, 2025 at 05:00AM
Listing Office:: Duke Warner Realty : 541-382-8262
MLS ID:: 220201475

General: Breakfast BarDouble VanityIn-Law FloorplanKitchen IslandPrimary DownstairsOpen FloorplanPantrySmart ThermostatSoaking TubStone CountersVaulted Ceiling(s)Walk-In Closet(s)Smart Light(s)Solid Surface CountersDual Flush Toilet(s)Enclosed Toilet(s)Linen ClosetShower/Tub ComboFiberglass Stall ShowerTile Shower
Appliances: CooktopDishwasherDisposalDryerMicrowaveOvenRangeRefrigeratorWasherWater Heater
Basement: DaylightExterior EntryFinishedFullPartial
Flooring: CarpetHardwoodTileVinyl
A/C: Central AirENERGY STAR Qualified EquipmentDuctless
Heating: ElectricENERGY STAR Qualified EquipmentForced AirNatural Gas
Fireplace: GasGreat RoomFireplace
Disability Feature: Smart Technology

This listing courtesy of Duke Warner Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

High Lakes Elementary School

2500 NW High Lakes Loop, Bend, OR, 97703

Grades KG-5

0.46 miles away

Pacific Crest Middle School

3030 NW Elwood Ln, Bend, OR, 97703

Grades 6-8

0.95 miles away

Summit High School

2855 NW Clearwater Dr, Bend, OR, 97703

Grades 9-12

0.80 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.