3047 NE Yellow Ribbon Drive, Bend, OR 97701

$725,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 1,415 Lot Size (sq. ft.): 6,970 Status: Closed
Current Price: $725,000 List Date: 8/07/2026 Last Modified: 9/22/2026

Overview

Description

Incredibly rare single-level home w/ permitted ADU on a quiet dead-end street in NE Bend near all major medical facilities. The thoughtfully remodeled main home features updated LVP flooring in kitchen, dining room, living room, & primary bedroom, w/ new carpet in other bedrooms, recently installed heat pump w/ A/C, full tile fireplace surround w/ custom mantel, remodeled primary bath, open-concept, spacious kitchen w/ large-format tile counters, dual sinks including a stainless farmhouse sink, walk-in pantry, & laundry room w/ washer/dryer included. The detached 462 SF alley accessed studio ADU features ductless heating & cooling, full kitchen w/ all appliances included, full bathroom, laundry w/ washer/dryer included, dedicated storage, & current rental income of $1,600/month. A nicely landscaped & fenced side yard, great curb appeal, extra storage shed, & the potential to add a second ADU and/or garage complete this truly hard to find opportunity.

Listing Details MLS# 220226717

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
4
Bathrooms Total
3
Bathrooms Full
3
Garage YN
No
Total Living Area SqFt
1877
Main House SqFt
1415
SqFt Source
Assessor
Year Built
2004
Accessory Dwelling Unit YN
Yes
ADU Type
Detached
ADU SqFt
462
ADU Permitted YN
Yes
Rented YN
Yes
Current Rent
4200
Lease End Date
2027-04-30
Short Term Rental Permit YN
No
New Construction YN
No
Elementary School
Buckingham Elem
Middle Or Junior School
Pilot Butte Middle
High School
Mountain View Sr High
Zoning
RS
Tax Annual Amount
3937.51
Tax Year
2025
Potential Tax Liability YN
No
Assessment YN
No
Irrigation Water Rights YN
No
CC&R's YN
Yes
Association YN
No
Senior Community YN
No
Horse Property YN
No
Preferred Escrow Company & Officer
FATCO - Sabrina Norton
FIRPTA YN
No
Sign On Property YN
Yes

Property Features

Appliances: Dishwasher; Disposal; Dryer; Microwave; Oven; Range; Range Hood; Refrigerator; Washer; Water Heater Architectural Style: Craftsman Basement: None Common Walls: No Common Walls Construction Materials: Frame Cooling: Central Air; Ductless; Heat Pump Fireplace Features: Gas; Living Room Flooring: Carpet; Simulated Wood; Tile; Vinyl Foundation Details: Stemwall Green Building Verification Type: Home Energy Score Heating: Ductless; Electric; Fireplace(s); Forced Air; Heat Pump; Natural Gas Interior Features: Enclosed Toilet(s); High Speed Internet; In-Law Floorplan; Linen Closet; Open Floorplan; Pantry; Primary Downstairs; Shower/Tub Combo; Tile Counters; Tile Shower Levels: One Roof: Composition Rooms: Dining Room; Kitchen; Laundry; Living Room; Office; Primary Bedroom Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Window Features: Double Pane Windows; Vinyl Frames Exterior Features: Courtyard Irrigation Source: None Lot Features: Fenced; Landscaped; Level; Native Plants; Sprinkler Timer(s); Sprinklers In Front; Sprinklers In Rear Other Structures: Second Residence; Shed(s); Storage Parking Features: Alley Access; Asphalt; Concrete; Driveway; No Garage; On Street; RV Access/Parking; Storage Patio and Porch Features: Covered; Covered Deck; Front Porch; Patio; Rear Porch; Side Porch Pool Features: None Road Frontage Type: Shared Access Road Surface Type: Paved Structure Type: House View: Neighborhood Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Power Production: None Sewer: Public Sewer Water Source: Public Listing Terms: Cash; Conventional; FHA Special Listing Conditions: Standard

Location Tax and Legal

Street Number
3047
Street Dir Prefix
NE
Street Name
Yellow Ribbon
Street Suffix
Drive
County
Deschutes
State
OR
Postal Code
97701
Subdivision Name
Views At Oak Tree

Contract Information

Original List Price
735000
List Price per SqFt
391.58
Listing Contract Date
2026-08-05

Remarks and Miscellaneous

Public Remarks
Incredibly rare single-level home w/ permitted ADU on a quiet dead-end street in NE Bend near all major medical facilities. The thoughtfully remodeled main home features updated LVP flooring in kitchen, dining room, living room, & primary bedroom, w/ new carpet in other bedrooms, recently installed heat pump w/ A/C, full tile fireplace surround w/ custom mantel, remodeled primary bath, open-concept, spacious kitchen w/ large-format tile counters, dual sinks including a stainless farmhouse sink, walk-in pantry, & laundry room w/ washer/dryer included. The detached 462 SF alley accessed studio ADU features ductless heating & cooling, full kitchen w/ all appliances included, full bathroom, laundry w/ washer/dryer included, dedicated storage, & current rental income of $1,600/month. A nicely landscaped & fenced side yard, great curb appeal, extra storage shed, & the potential to add a second ADU and/or garage complete this truly hard to find opportunity.
Directions
From 27th, turn onto Yellow Ribbon. Home will be on your right towards the end of the block.

Status Change Information

Close Date
2026-09-18
Under Contract Date
2026-08-16
Status Change Timestamp
2026-09-21
Close Price
725000
Sold Price per SqFt
386.25

More Information

Green Building Verification Type

Green Verification Metric
8
Green Verification URL
https://us.greenbuildingregistry.com/green-homes/OR10250873
Green Verification Year
2026
Listing Office: Cascade Hasson SIR
Last Updated: September - 22 - 2026
Information deemed reliable but not guaranteed.