Price Reduction - Waterfront - Primary on Main
Listed By:
Realty One Group Discovery
Address
17062 Milky Way, Bend, OR
Price
$ 787,500
Property Attributes
  • MLS#220220264
  • TypeSingle Family
  • Listing Status Active
  • CountyDESCHUTES
  • CityBend
  • AreaNot Applicable
  • NeighborhoodDrrh Trs
  • Zip97707
  • StyleContemporary
  • Year Built1992
  • Taxes$ 6461
  • Price$ 787,500
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage2153
  • Lot Size0.51 Acres
Data Source:
Southern Oregon MLS (SOMLS)
Property Description

Deschutes River Waterfront Home in Three Rivers - $8,000 Seller Credit at Closing! Life on the river starts at your private dock. Situated in a peaceful, established Three Rivers neighborhood near Sunriver, this contemporary modern chalet combines quiet family living with prime Central Oregon outdoor adventure. Two river-rock fireplaces bring mountain chalet warmth to the great room and main-level primary suite across 2,153 sqft of living space. Step onto the expansive deck, launch kayaks from your backyard or walk to the nearby community park and boat ramp. Ideal as a primary home or vacation retreat, with Sunriver dining minutes away and Mt. Bachelor ~23 miles out. Fully STR-allowed, this property blends community charm with strong short-term rental investment potential. You won't find another waterfront property like this at this price point: Schedule your tour today! Sellers offer an $8,000 credit at closing toward updates, closing costs, or interest rate buydowns: your choice

Elementary School Middle School High School
Three Rivers Elem Three Rivers Middle School Caldera High
Price History
5/1/2026 Listed $810,000
7/15/2026 2$799,500
9/2/2026 2$787,500

General Features

Living Area 2153.0
Sewer Sand Filter,Septic Tank
Heating Fireplace(s),Electric,Heat Pump,Propane,Wood
Cooling Heat Pump
Roof Metal
Appliances Cooktop,Dishwasher,Disposal,Dryer,Oven,Refrigerator,Washer,Water Heater,Water Softener,Wine Refrigerator
HOA Fee 50.0
Garage Spaces 2.0
Patio/Porch Features Awning(s),Covered,Covered Deck,Deck,Porch,Screened
Architectural Style Contemporary
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Construction Materials Frame
Year Built 1992
View Forest,Neighborhood,River,Territorial
Levels Two,Multi/Split
Property Subtype Single Family Residence
Tax Year 2025
Parcel Number 116774
Waterfront Features Waterfront
Community Features Access to Public Lands,Park,Playground,Short Term Rentals Allowed,Sport Court
Assoc Fee Paid Per Annually
County Deschutes
New Construction No
Property Type Residential
Association Amenities Clubhouse,Marina,Park,Playground,Road Assessment,Sport Court
HOA Yes
Attached Garage Yes
Subdivision Name Drrh Trs
Garage Y/N Yes
Other Structures Gazebo,Shed(s),Storage
Full Baths 2
Status Active
Directions From 97 South Take Exit 153 to South Century Drive. Right Turn on South Century Drive. Left Turn on Huntington Road. Right Turn on Baird Lane. Right Turn on Milky Way. Continue to 17062 on the left.
High School Caldera High
City Bend
Senior Community Y/N No
Zoning Description RR10
Lot Size Units Acres
Lot Size Square Feet 22215.6
Carport Y/N No
Elementary School Three Rivers Elem
Land Lease Y/N No
Tax Annual Amount 6461.06
Home Warranty Y/N No
Middle/Junior High School Three Rivers
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://www.zillow.com/view-imx/19a97b98-857c-48bb-9036-d5d8a8fd6b20?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Structure Type Dock,House
Standard Status Active
Short Term Rentals Permitted No
Tax Lot 60
MobileHomeRemainsYN No
Sewer_co_Septic_sp_Tank True
Utilities@Core.Permissions None
Accessory Dwelling Unit Y/N No
Water Body Access Y/N None
Short Term Rental Permit Y/N No
CCR Y/N Yes

Interior Features

Interior Amenities Smart Lock(s),Ceiling Fan(s),Double Vanity,Kitchen Island,Linen Closet,Open Floorplan,Primary Downstairs,Shower/Tub Combo,Solid Surface Counters,Vaulted Ceiling(s),Walk-In Closet(s)
Basement None
Flooring Carpet,Simulated Wood,Tile,Vinyl
Fireplace Features Living Room,Primary Bedroom,Wood Burning
Common Walls No Common Walls
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Aluminum Frames,Double Pane Windows,Vinyl Frames
Fireplace Y/N Yes
Half Baths 1
Total Bedrooms 3
LivingAreaSource Assessor
Total Baths 3
Heating-Wood True
Heating-Heat Pump True

Exterior Features

Exterior Amenities Dock,Rain Barrel/Cistern(s)
Parking Features Attached,Concrete,Driveway,Electric Vehicle Charging Station(s),Garage Door Opener,Gravel
Lot Features Fenced,Landscaped,Native Plants,Sloped,Wooded,Xeriscape Landscape
Water Source Private,Well
Inclusions Gazebo & Small Shed
Lot Size Area 0.51
Foundation Details Stemwall
Spa No
Building Area Total 2153.0
Lot Size Acres 0.51
Road Surface Type Paved
Waterfront Y/N Yes
Road Frontage Type Easement
Horse Y/N No
Irrigation Water Rights Y/N No
Exterior_sp_Features_co_Dock True

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 97707

Price
AVG $1.01M
$790K
Taxes
AVG $5,593
$6,461
Year Built
AVG 1999
1992
Visits
AVG 50
84
Data Provided by Inside Real Estate®