1518 NW 1st St. Bend, OR 97701
Proudly offered at $1.5 Million
MLS# 2909826
 

UPDATE–Sorry, this home sold (at $1.25 million) and closed in less than seven days. Please see the link at the end of the post in order to search for other riverfront properties.

Location, Timing, Concept

There’s an old cliche in real estate that says it’s all about “location, location, location.”  Well, there’s more to it than that. In this, the best buyers’ market in Bend Oregon in 20 years, it’s really about . . . “location, timing, and concept.”  It’s rare that one home has it all.  But this one does.

It’s a truly grand grand estate home (Northwest Tuscan?) situated on four lots on the Deschutes River, just a few minutes walking distance from downtown Bend. A wonderfully private, secluded location that offers the therapeutic sounds of the running river.

The home was originally built in 1986, and has recently undergone an extensive face lift and remodel.  It features a gourmet kitchen,

winding staircase, dramatic vaulted ceilings, a huge wood-burning fireplace in the great room,

a Tuscan wine cellar, a beautiful master bedroom, and a classic guest cottage–an idyllic setting for those aristocratic visitors.  Perfect for your Porsche or Lamborghini, the five car garage feels like a standard option.  The home also features a  theater room that would be tough to ever leave,

and a soaking tub (with amazing river views) that even I would contemplate using

Bank-owned Opportunity

If only the walls could talk!

The home boasts a colorful history and a couple  of charismatic past owners.  It sold for $1,650,000 in 2003, and was listed for as much as $3.5 million just a year ago.  Today, the home is bank-owned, and offered at $1.5 million.  There’s your timing!

A quick summary of the home’s features:

• 200 feet of river frontage
• 4 bedrooms, 4.5 baths
• 5580 square feet
• set on 4 lots
• 5 car garage
• numerous balconies and porches
• gourmet kitchen
• wine cellar
• theater room

This one just isn’t going to last . . . the property is simply too unique, and is priced too well.  Location, timing, concept. So, to try to find another riverfront estate in Bend Oregon or to search for other riverfront property in Bend, hit the “MLS Search” tab above or try this custom link.