About 505 Nw Flagline Drive
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.
Features of 505 Nw Flagline Drive
| MLS® # | 220201475 |
|---|---|
| Price | $1,250,000 |
| Bedrooms | 5 |
| Bathrooms | 5.00 |
| Full Baths | 5 |
| Square Footage | 4,130 |
| Acres | 0.17 |
| Year Built | 2004 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Northwest |
| Status | Active |
Community Information
| Address | 505 Nw Flagline Drive |
|---|---|
| Subdivision | Skyliner Summit |
| City | Bend |
| County | Deschutes |
| State | OR |
| Zip Code | 97703 |
Amenities
| Amenities | Park, Trail(s) |
|---|---|
| Parking | Asphalt, Attached, Concrete, Driveway, Garage Door Opener, On Street, Storage |
| # of Garages | 2 |
| View | Neighborhood |
| Is Waterfront | No |
Interior
| Interior Features | 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) |
|---|---|
| Appliances | Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Heater |
| Heating | Fireplace(s), Electric, ENERGY STAR Qualified Equipment, Forced Air, Natural Gas |
| Cooling | Ductless, Central Air, ENERGY STAR Qualified Equipment |
| Fireplace | No |
| Fireplaces | Gas, Great Room |
| Stories | Three Or More |
| Basement | Daylight, Exterior Entry, Finished, Full, Partial |
Exterior
| Lot Description | Fenced, Garden, Landscaped, Native Plants, Rock Outcropping, Sloped, Sprinkler Timer(s), Sprinklers In Front, Sprinklers In Rear |
|---|---|
| Windows | Double Pane Windows, Vinyl Frames |
| Roof | Composition |
| Construction | Frame |
| Foundation | Stemwall |
School Information
| Elementary | High Lakes Elem |
|---|---|
| Middle | Pacific Crest Middle |
| High | Summit High |
Additional Information
| Date Listed | May 9th, 2025 |
|---|---|
| Days on Market | 77 |
| Zoning | RS |
| HOA Fees | 320 |
| HOA Fees Freq. | Semi-Annually |
Listing Details
| Office | Duke Warner Realty |
|---|