53345 Riverview Dr - Multi-Family FOR SALE


La Pine, OR 97739
$950,000 USD
541-645-0920
53345 Riverview Dr, La Pine, OR for Sale
$950,000 USD
Multi-Family - FOR SALE
1/70
null | 9.7% Cap Rate

53345 Riverview Dr
La Pine, OR 97739


HIGHLIGHTS

  • Indoor Pool, Riverfront on the little Deschutes River, Theater room, 3 bay garage, Mountain views, new expansive deck!

OVERVIEW

One of One. Set on 2.73 private acres with frontage on the Little Deschutes River, this established short-term rental offers a combination of amenities, flexibility, and income potential. Whether you're seeking a destination vacation rental, a family compound, or a primary residence with supplemental income opportunities, this property delivers. The main home features 2 bd (+ office), 2 bth, generous living spaces & an expansive deck to take advantage of the natural setting. Separate guest quarters offer an additional 2 bd & 2.5 bth (+ theater) & Mountain views! Creating flexibility for guests, multigenerational living, or potential rental opportunities. What truly separates this property from anything else on the market is its amenity package: a 6-foot-deep indoor lap pool, oversized 3-bay garage, RV hookups, abundant parking for guests, and direct river access from your own property! Guests & owners alike enjoy easy access to what makes Central Oregon such a gem!

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$188 USD /SF

# OF UNITS

2

PRICE/UNIT

$475,000

CAP RATE

9.7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Established STR Riverfront

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1999

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.73 AC

LAND SF

118,919 SF

ZONING

RR10 & FP

APN/PARCEL ID

126970

ASK ABOUT THIS PROPERTY

Kenzie CarlstromRE/MAX Key PropertiesMore Info
541-645-0920

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Kenzie CarlstromRE/MAX Key PropertiesMore Info
541-645-0920

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.