$1,250,000
$64K PRICE DROP

505 NW Flagline Dr Bend, OR 97701

Summit West Neighborhood

Estimated payment $7,269/month

Total Views 10,365
5 Beds
5 Baths
4,130 Sq Ft
$303 Price per Sq Ft

Highlights

  • Two Primary Bedrooms
  • Open Floorplan
  • Vaulted Ceiling
  • High Lakes Elementary School Rated A-
  • Northwest Architecture
  • Wood Flooring

About This Home

Investor opportunity in prime Bend location with strong income and value-add potential for multiple income streams. This Skyliner Summit 4,130 sq. ft. 5BD/5BA home features a fully permitted lower-level unit with private entrance, wet bar, and W/D—ideal for rental income, multigenerational living, or house hacking. The main level includes a remodeled kitchen, primary suite, and office/optional 2nd bedrm; lower level adds flex space and two more bedrooms. Each bedroom has a walk-in closet; all baths are full. Perfect for maximizing rental configuration. Recent upgrades—new roof (2022), instant hot water, epoxy garage floor, and stained decks—reduce maintenance costs. Fully fenced yard & ample storage. Prime location between NWX and Galveston corridor, steps from parks and trails. Whether you're looking for a primary residence with passive income or a pure rental investment, this property delivers versatility w/ flexible rental potential, location, and excellent long-term appreciation.

Listing Agent

Susanna Abrahamson

Duke Warner Realty License #201213037 Listed on: 05/09/2025

Co-Listing Agent

Danielle Powell

Duke Warner Realty License #201212407

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,370

Year Built

  • Built in 2004

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced
  • Landscaped
  • Rock Outcropping
  • Native Plants
  • Sloped Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Garden
  • Property is zoned RS, RS

HOA Fees

  • $53 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Northwest Architecture
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 4,130 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Great Room with Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Linen Closet
  • Walk-In Closet
  • In-Law or Guest Suite
  • 5 Full Bathrooms
  • Double Vanity
  • Dual Flush Toilets
  • Soaking Tub
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Exterior Basement Entry
  • Natural lighting in basement

Home Security

  • Smart Lights or Controls
  • Smart Thermostat
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • High Lakes Elementary School
  • Pacific Crest Middle School
  • Summit High School

Utilities

  • Ductless Heating Or Cooling System
  • ENERGY STAR Qualified Air Conditioning
  • Forced Air Heating and Cooling System
  • Space Heater
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Smart Technology
  • ENERGY STAR Qualified Equipment for Heating
  • Rear Porch

Listing and Financial Details

  • Tax Lot 199
  • Assessor Parcel Number 239890

Community Details

Overview

  • Built by Don Morissette
  • Skyliner Summit Subdivision

Recreation

  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,370

Year Built

Built in 2004

Lot Details

0

HOA Fees

$53 per month

Parking

2

Listing Details

  • Architectural Style: Northwest
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Lot Size Acres: 0.17
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Subdivision Name: Skyliner Summit
  • Year Built: 2004
  • Co List Office Mls Id: ocWARN
  • Co List Office Phone: 541-382-8262
  • Co List Office Phone: 541-382-8262
  • Outside Inclusions: Fridge x2, W/D, all furnishings in ADU
  • MLS Status: Active
  • General Property Information Elementary School: High Lakes Elem
  • General Property Information Middle Or Junior School: Pacific Crest Middle
  • General Property Information High School: Summit High
  • General Property Information:Zoning2: RS
  • General Property Information Senior Community YN: No
  • General Property Information Horse Property YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Neighborhood: Yes
  • Community Features Trail(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Phone Available: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 199
  • General Property Information Accessory Dwelling Unit YN: No
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Common Walls:No Common Walls: Yes
  • Flooring:Tile: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Rooms:Kitchen: Yes
  • Rooms:Laundry: Yes
  • Rooms:Living Room2: Yes
  • Cooling:Ductless2: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Vinyl: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Lot Features Sprinkler Timer(s): Yes
  • Roof:Composition: Yes
  • Rooms:Office2: Yes
  • Architectural Style Northwest: Yes
  • Rooms Eating Area: Yes
  • Rooms:Great Room2: Yes
  • Rooms Second Primary: Yes
  • Utilities:Natural Gas Connected: Yes
  • Community Features Short Term Rentals Allowed: Yes
  • Utilities Cable Connected: Yes
  • Heating Free-Standing: Yes
  • Levels Three Or More: Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: Smart Technology
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Heater
  • Has Basement: Daylight, Exterior Entry, Finished, Full, Partial
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Gas, Great Room
  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Interior Amenities: Smart Light(s), 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 Thermostat, Soaking Tub, Solid Surface Counters, Stone Counters, Tile Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Window Features: Double Pane Windows, Vinyl Frames
  • Fireplace: Yes
  • Community Features:Park2: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Smart Thermostat: Yes
  • Other Rooms:Bonus Room: Yes
  • Appliances:Oven: Yes
  • Fireplace Features:Gas: Yes
  • Fireplace Features:Great Room: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features ShowerTub Combo: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Soaking Tub: Yes
  • Interior Features:Solid Surface Counters: Yes
  • Interior Features:Stone Counters: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room2: Yes
  • Appliances:Cooktop: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features Linen Closet: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Basement:Daylight: Yes
  • Basement:Exterior Entry: Yes
  • Basement Finished: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Interior Features:Dual Flush Toilet(s): Yes
  • Interior Features Smart Lighting: Yes
  • Full Basement: Yes
  • Basement:Partial: Yes

Exterior Features

  • Builder Name: Don Morissette
  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Foundation Details: Stemwall
  • Lot Features: Fenced, Garden, Landscaped, Native Plants, Rock Outcropping, Sloped, Sprinkler Timer(s), Sprinklers In Front, Sprinklers In Rear
  • Roof: Composition
  • View: Neighborhood
  • Horse: No
  • Pool Features: None
  • Patio And Porch Features: Rear Porch
  • Lot Features:Fenced: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Sloped: Yes
  • Lot Features:Native Plants: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Window Features:Double Pane Windows: Yes
  • Lot Features:Rock Outcropping: Yes
  • Lot Features:Garden: Yes
  • Accessibility Features:Smart Technology: Yes
  • Patio and Porch Features Rear Porch: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Asphalt, Attached, Concrete, Driveway, Garage Door Opener, On Street, Storage
  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete2: Yes
  • Parking Features:Asphalt: Yes
  • Parking Features:On Street: Yes

Utilities

  • Cooling: Ductless, Central Air, ENERGY STAR Qualified Equipment
  • Heating: Fireplace(s), Electric, ENERGY STAR Qualified Equipment, Forced Air, Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Backflow Domestic, Backflow Irrigation, Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric2: Yes
  • Heating:Natural Gas: Yes
  • Heating:ENERGY STAR Qualified Equipment2: Yes

Condo/Co-op/Association

  • Amenities: Park, Trail(s)
  • Association Fee: 320.0
  • Association Fee Frequency: Semi-Annually
  • Association: Yes
  • Community Features: Gas Available, Park, Short Term Rentals Allowed, Trail(s)
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 320.0
  • General Property Information:Association Fee Frequency: Semi-Annually
  • Association Amenities:Park: Yes

Schools

  • Elementary School: High Lakes Elem
  • High School: Summit High
  • Middle Or Junior School: Pacific Crest Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 239890
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres
  • Zoning Description: RS

Tax Info

  • Tax Annual Amount: 7370.3
  • Tax Lot: 199
  • Tax Map Number: 171136
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,370 $440,190 -- --
2023 $6,832 $427,370 $0 $0
2022 $6,374 $323,670 $0 $0
2021 $5,129 $314,250 $0 $0
2020 $4,866 $314,250 $0 $0
2019 $4,731 $305,100 $0 $0
2018 $4,597 $296,220 $0 $0
2017 $4,529 $287,600 $0 $0
2016 $4,322 $279,230 $0 $0
2015 $4,204 $271,100 $0 $0
2014 $4,082 $263,210 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Price Changed $1,250,000 -2.0% $303 / Sq Ft
06/24/2025 06/24/25 Price Changed $1,275,000 -0.8% $309 / Sq Ft
05/24/2025 05/24/25 Price Changed $1,285,000 -2.2% $311 / Sq Ft
05/09/2025 05/09/25 For Sale $1,314,000 -- $318 / Sq Ft
Source: Oregon Datashare

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Bargain Sale Deed $290,710 First Amer Title Ins Co Or
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $232,568 Unknown
Source: Public Records

Source: Oregon Datashare

MLS Number: 220201475

Oregon Datashare

APN: 239890

Oregon Deschutes County Bend 97701 Summit West

505 NW Flagline Dr, Bend, OR

This home is located at 505 NW Flagline Dr, Bend, OR 97701 and is currently priced at $1,250,000, approximately $302 per square foot. This property was built in 2004. 505 NW Flagline Dr is a home located in Deschutes County with nearby schools including High Lakes Elementary School, Pacific Crest Middle School, and Summit High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Oregon Datashare © 2025 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed.

Nearby Homes
Susanna Abrahamson
Listing Agent
Susanna Abrahamson
Section Image
Duke Warner Realty
(458) 237-8817