505 NW Flagline Drive, Bend, OR 97703

$1,190,000
Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 4,130 Lot Size (sq. ft.): 7,405 Status: Closed
Current Price: $1,190,000 List Date: 5/23/2026 Last Modified: 7/31/2026

Overview

Description

Investor opportunity or multi-generational home in prime Bend location with strong income potential and exceptional flexibility. This 4,130 sq. ft. 5BD/5BA Skyliner Summit home offers a versatile three-level layout ideal for maximizing lifestyle and return on investment. Main level features a remodeled kitchen, primary suite, and office/optional 2nd bedroom. Lower level includes an expansive flex space plus two bedrooms with 2 full baths. The lowest level houses a fully permitted mother-in-law unit with private entrance, wet bar, and W/D provides excellent short- or long-term rental, guest, or multi-gen living options. All bedrooms have walk-in closets, and all baths are full, offering comfort and privacy. Recent upgrades are: new roof (2022), epoxy garage floor, and stained decks to support low maintenance. Three decks, fenced yard, and ample storage to accommodate Central Oregon's outdoor lifestyle. Ideally located between NWX and the Galveston corridor near trails and parks.

Listing Details MLS# 220217000

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
5
Bathrooms Total
5
Bathrooms Full
5
Garage YN
Yes
Garage Spaces
2
Total Living Area SqFt
4130
Main House SqFt
4130
SqFt Source
Assessor
Year Built
2004
Accessory Dwelling Unit YN
No
Rented YN
No
Short Term Rental Permit YN
Yes
New Construction YN
No
Elementary School
High Lakes Elem
Middle Or Junior School
Pacific Crest Middle
High School
Summit High
Zoning
RS
Tax Annual Amount
7660.62
Tax Year
2025
Potential Tax Liability YN
No
Assessment YN
No
Irrigation Water Rights YN
No
CC&R's YN
Yes
Association YN
Yes
Association Fee
320
Association Fee Frequency
Semi-Annually
Senior Community YN
No
Horse Property YN
No
Preferred Escrow Company & Officer
Western Title - Arianna Lease
FIRPTA YN
No
Sign On Property YN
Yes

Property Features

Accessibility Features: Smart Technology Appliances: Cooktop; Dishwasher; Disposal; Dryer; Microwave; Oven; Range; Refrigerator; Washer; Water Heater Architectural Style: Northwest Basement: Daylight; Exterior Entry; Finished; Full; Partial Common Walls: No Common Walls Construction Materials: Frame Cooling: Central Air; Ductless; ENERGY STAR Qualified Equipment Fireplace Features: Gas; Great Room Flooring: Carpet; Hardwood; Tile; Vinyl Foundation Details: Stemwall Heating: Electric; ENERGY STAR Qualified Equipment; Fireplace(s); Forced Air; Natural Gas Interior Features: Breakfast Bar; Double Vanity; Dual Flush Toilet(s); Enclosed Toilet(s); Fiberglass Stall Shower; In-Law Floorplan; Kitchen Island; Linen Closet; Open Floorplan; Pantry; Primary Downstairs; Shower/Tub Combo; Smart Lighting; Smart Thermostat; Soaking Tub; Solid Surface Counters; Stone Counters; Tile Shower; Vaulted Ceiling(s); Walk-In Closet(s) Levels: Three Or More Roof: Composition Rooms: Bonus Room; Dining Room; Eating Area; Family Room; Great Room; Kitchen; Laundry; Living Room; Office; Primary Bedroom; Second Primary Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Window Features: Double Pane Windows; Vinyl Frames Flood: N/A Irrigation Source: None Lot Features: Fenced; Garden; Landscaped; Native Plants; Rock Outcropping; Sloped; Sprinkler Timer(s); Sprinklers In Front; Sprinklers In Rear Parking Features: Asphalt; Attached; Concrete; Driveway; Garage Door Opener; On Street; Storage Patio and Porch Features: Rear Porch Pool Features: None Road Surface Type: Paved View: Neighborhood Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Available Association Amenities: Park; Trail(s) Community Features: Gas Available; Park; Short Term Rentals Allowed; Trail(s) Power Production: None Sewer: Public Sewer Water Source: Backflow Domestic; Backflow Irrigation; Public Listing Terms: Cash; Conventional; FHA; VA Loan Special Listing Conditions: Standard

Location Tax and Legal

Street Number
505
Street Dir Prefix
NW
Street Name
Flagline
Street Suffix
Drive
County
Deschutes
State
OR
Postal Code
97703
Subdivision Name
Skyliner Summit

Contract Information

Original List Price
1199000
List Price per SqFt
290.31
Listing Contract Date
2026-03-12
Projected Active Date
2026-03-13

Remarks and Miscellaneous

Public Remarks
Investor opportunity or multi-generational home in prime Bend location with strong income potential and exceptional flexibility. This 4,130 sq. ft. 5BD/5BA Skyliner Summit home offers a versatile three-level layout ideal for maximizing lifestyle and return on investment. Main level features a remodeled kitchen, primary suite, and office/optional 2nd bedroom. Lower level includes an expansive flex space plus two bedrooms with 2 full baths. The lowest level houses a fully permitted mother-in-law unit with private entrance, wet bar, and W/D provides excellent short- or long-term rental, guest, or multi-gen living options. All bedrooms have walk-in closets, and all baths are full, offering comfort and privacy. Recent upgrades are: new roof (2022), epoxy garage floor, and stained decks to support low maintenance. Three decks, fenced yard, and ample storage to accommodate Central Oregon's outdoor lifestyle. Ideally located between NWX and the Galveston corridor near trails and parks.

Status Change Information

Close Date
2026-07-31
Under Contract Date
2026-06-26
Status Change Timestamp
2026-07-31
Close Price
1190000
Sold Price per SqFt
288.14

More Information

Green Building Verification Type

Green Verification Metric
2
Green Verification URL
https://us.greenbuildingregistry.com/green-homes/OR10238225
Green Verification Year
2025
Listing Office: Duke Warner Realty ERA Powered
Last Updated: July - 31 - 2026
Information deemed reliable but not guaranteed.