Price cut $86K
$539,000
1/53 BD · 2 BA · 2,026 SF · 158.2 AC
53476 Arrow Gap Road
Silver Lake, OR 97638
#220217553 01 / 50
For sale Price cut $86K on Sep 17
$539,000
53476 Arrow Gap Road
Silver Lake, OR 97638 · N/A
- Baths
- 0
- Acres
- 158.2
- Built
- 2002
Est. $3,103/mo~106 min to downtown Bend (approx.)
Listing by Scout Realty LLC · 541-279-2501
MLS# 220217551 · Active
01
About this home
Exceptional investment opportunity in the heart of Oregon's high desert featuring an approved RV park with 40 roughed-in spaces and CUP approval for up to 72 total units, offering substantial upside and expansion potential. Property includes remodeled 3 bedroom home and a separate office or manager's quarters, ideal for on-site management or additional rental income. The majority of the acreage remains available for additional development, amenities, or future phases. Ideally positioned between the Fort Rock and Silver Lake hunting units at the base of the Conley Hills, and bordering BLM land, this location attracts year-round recreation and tourism demand. Located near Fort Rock, Crack-In-The-Ground, Duncan Reservoir, and Summer Lake Wildlife Area, this property is well positioned to become a premier RV destination with strong long-term income potential.
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03
Price history
Cut $86K| Date | Event | Price |
|---|---|---|
| Sep 17, 2026 | Price cut−$86,000 (13.8%) | $539,000 |
| Mar 25, 2026 | Listed for sale | $625,000 |
From the MLS: original list price and latest price change. 195 days on market.
04
Drive times
~106 min to downtown Bend- Sunriver Village~93 min · 74.4 mi
- Old Mill District~105 min · 85.6 mi
- Downtown Bend~106 min · 86.6 mi
- St. Charles Bend~107 min · 86.8 mi
- Mt. Bachelor~111 min · 90.6 mi
- Redmond Airport (RDM)~123 min · 101.5 mi
- Smith Rock State Park~135 min · 111.4 mi
- Sisters~135 min · 111.4 mi
Approx. Straight-line distance × 1.3 for roads, at in-town and highway speeds. No traffic, snow, or Hwy 97 construction. Ask Cody about real commute times.
05
Facts & features
Built 2002- Year built
- 2002
- Lot
- 158.2 AC · 6,889,014 SF
- HOA
- None reported
- Taxes
- $2,108/yr
- Subdivision
- N/A
- County
- Lake
- Days on market
- 195
- MLS #
- 220217551
- Interior
- Laminate Counters
- Flooring
- Laminate
- Heating
- Electric · Forced Air
- Exterior
- RV Hookup
- Parking
- Driveway · Gravel
- View
- Desert · Mountain(s) · Panoramic
- Lot
- Fenced · Garden · Level · Native Plants · Rock Outcropping
- Construction
- Frame
- Roof
- Metal
06
Location & schools
N/A43.1365° N · 120.9242° W
Directions07
Monthly payment
$3,103/mo$3,103/mo
$431,200 loan · 30 yr fixed · 6.5%
- Principal & interest
- $2,725
- Property tax (listing)
- $176
- Home insurance (est.)
- $202
20% · $107,800
6.500%
Loan term
Estimate only. Taxes use the listing's reported amount when there is one; insurance is approximated. A lender can give you an exact number.
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#220217553Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 10:30 AM.
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