Central Oregon Homes, Land & Acreage for Sale

61583 61579 SW Riverwalk Lane, Bend, OR 97702

$2,195,000

Virtual Tour

https://www.zillow.com/view-imx/b087c6a6-47b0-4447-8456-fbd3d925d990?wl=true&setAttribution=mls&initialViewType=pano

Primary Bathroom @ 61583 SW Riverwalk Ln

Jack & Jill Guest Bath on upper level connecting Bedroom #2 & 3

Covered/Screened patio at 61579 SW Riverwalk Ln

Property Type: Residential Bedrooms: 8 Baths: 8 Square Footage: 4,252 Lot Size (sq. ft.): 5,227 Status: Pending

Current Price: $2,195,000 List Date: 8/13/2026 Last Modified: 9/11/2026

Overview

Description

Unique investment opportunity w/ immediate cash flow near Bend's coveted Old Mill District. This is your chance to own two separate, adjoining townhomes in one building each with their own rented ADU! Each townhome includes a fully leased ground-level ADU generating $1,625/month in rental income per unit. ADUs feature one bedroom, full bath w/ heated floors, laundry w/ washer/dryer, private entrance, patio, & dedicated storage. Each main home offers three bedrooms, flex space ideal for an office, den, or 4th bedroom, 2.5 baths, Earth Advantage Certification, luxury finishes, 8-ft VanAir doors, GE Café appliances w/ refrigerator & wine fridge, washer/dryer, custom blinds, heated tile floors in the primary bath, multiple covered outdoor living spaces, & a two-car garage. HOA dues of $161/month per unit cover snow removal & exterior paint, siding, & roofing. Enjoy luxury living, low-maintenance ownership w/ proven rental income while experiencing all that Central Oregon has to offer.

Listing Details MLS# 220226992

General Property Information

Property Sub Type: Townhouse
Bedrooms Total: 8
Bathrooms Total: 8
Bathrooms Full: 6
Bathrooms Half: 2
Garage YN: Yes
Garage Spaces: 4
Total Living Area SqFt: 5158
Main House SqFt: 4252
SqFt Source: Assessor
Year Built: 2023
Accessory Dwelling Unit YN: Yes
ADU Type: Attached
ADU SqFt: 906
ADU Permitted YN: Yes
Rented YN: No
Short Term Rental Permit YN: No
New Construction YN: No
Elementary School: Pine Ridge Elem
Middle Or Junior School: Cascade Middle
High School: Bend Sr High
Zoning: RM
Tax Annual Amount: 12967.24
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: 161
Association Fee Frequency: Monthly
Association Fee 2: 161
Association Fee 2 Frequency: Monthly
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: Cooktop; Dishwasher; Disposal; Dryer; Microwave; Oven; Range; Range Hood; Refrigerator; Washer; Water Heater; Wine Refrigerator Architectural Style: Contemporary Basement: None Common Walls: 1 Common Wall Construction Materials: Frame Cooling: Ductless; ENERGY STAR Qualified Equipment; Heat Pump; Whole House Fan; Zoned Fireplace Features: Gas; Living Room Flooring: Hardwood; Tile Foundation Details: Stemwall Green Building Verification Type: Earth Advantage; Home Energy Score Heating: Ductless; Electric; ENERGY STAR Qualified Equipment; Fireplace(s); Zoned Interior Features: Double Vanity; Dual Flush Toilet(s); Enclosed Toilet(s); High Speed Internet; In-Law Floorplan; Kitchen Island; Linen Closet; Open Floorplan; Pantry; Shower/Tub Combo; Soaking Tub; Solar Tube(s); Solid Surface Counters; Stone Counters; Tile Shower; Walk-In Closet(s); Wired for Data; Wired for Sound Levels: Three Or More Roof: Membrane Rooms: Dining Room; Jack and Jill Bath; Kitchen; Laundry; Living Room; Office; Primary Bedroom; Second Primary Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Window Features: Double Pane Windows; ENERGY STAR Qualified Windows; Low-Emissivity Windows; Skylight(s) Flood: N/A Irrigation Source: None Lot Features: Corner Lot; Drip System; Landscaped; Native Plants; Sprinklers In Front; Sprinklers In Rear; Xeriscape Landscape Parking Features: Alley Access; Asphalt; Attached; Driveway; Electric Vehicle Charging Station(s); Garage Door Opener; On Street; Storage Patio and Porch Features: Covered; Front Porch; Patio; Porch; 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 Association Amenities: Snow Removal Community Features: Access to Public Lands; Park; Trail(s) Power Production: Solar PV Ready Sewer: Public Sewer Water Source: Backflow Domestic; Backflow Irrigation; Public Listing Terms: Cash; Conventional Special Listing Conditions: Standard

Location Tax and Legal

Street Number: 61583
Street Dir Prefix: SW
Street Name: Riverwalk
Street Suffix: Lane
County: Deschutes
State: OR
Postal Code: 97702
Subdivision Name: Riverwalk

Contract Information

Original List Price: 2195000
List Price per SqFt: 425.55
Listing Contract Date: 2026-08-13

Remarks and Miscellaneous

Public Remarks: Unique investment opportunity w/ immediate cash flow near Bend's coveted Old Mill District. This is your chance to own two separate, adjoining townhomes in one building each with their own rented ADU! Each townhome includes a fully leased ground-level ADU generating $1,625/month in rental income per unit. ADUs feature one bedroom, full bath w/ heated floors, laundry w/ washer/dryer, private entrance, patio, & dedicated storage. Each main home offers three bedrooms, flex space ideal for an office, den, or 4th bedroom, 2.5 baths, Earth Advantage Certification, luxury finishes, 8-ft VanAir doors, GE Café appliances w/ refrigerator & wine fridge, washer/dryer, custom blinds, heated tile floors in the primary bath, multiple covered outdoor living spaces, & a two-car garage. HOA dues of $161/month per unit cover snow removal & exterior paint, siding, & roofing. Enjoy luxury living, low-maintenance ownership w/ proven rental income while experiencing all that Central Oregon has to offer.
Directions: From Silver Lake, turn onto Riverwalk Ln. It is the first building on your right.

Status Change Information

Under Contract Date: 2026-09-11
Status Change Timestamp: 2026-09-11

More Information

Green Building Verification Type

Green Verification Metric: 8
Green Verification URL: https://us.greenbuildingregistry.com/green-homes/OR10227935
Green Verification Year: 2026

Listing Office: Cascade Hasson SIR

Last Updated: September - 11 - 2026

Information deemed reliable but not guaranteed.