Price cut $190K
$1,899,900
1/55 BD · 4.5 BA · 3,824 SF · 0.4 AC
17788 Preservation Loop #487
Bend, OR 97707
#220218368 01 / 72
Pending Price cut $196K on Sep 16
$1,899,500
425 NW State Street
Bend, OR 97703 · Park Addition
- Beds
- 3
- Baths
- 3
- Sq ft
- 2,608
- Acres
- 0.14
- Built
- 2008
- $/SF
- $728
Est. $10,750/mo~3 min to downtown Bend (approx.)
Listing by Varsity Real Estate · 541-215-4442
MLS# 220224824 · Pending
01
About this home
A transferable, grandfathered Type 2 STR adds rare flexibility, making this a must-have as a primary residence or second home. Located on State Street in one of Bend's most sought-after neighborhoods, this custom home was built in 2008 by Steve Moyer within the City of Bend Historic District; offering true historic character built to modern standards, in a pocket of Bend where homes like this rarely come to market. Warm wood finishes carry throughout, including fir trim and oak floors, with natural light filling every room. The primary suite features two walk-in closets and sliders opening onto a private deck with a mountain view and a hot tub, soak while you watch the sunset. A finished basement adds a versatile living space, cozy guest suite, or home theater. Better than new, with a new furnace installed in 2025. Has a sprinter van parking spot. Live in the heart of Bend, close to Downtown, Drake Park, and the Deschutes River, moments to everything that makes historic Bend special.
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03
Price history
Cut $196K| Date | Event | Price |
|---|---|---|
| Sep 16, 2026 | Price cut−$195,500 (9.3%) | $1,899,500 |
| Jul 7, 2026 | Listed for sale | $2,095,000 |
From the MLS: original list price and latest price change. 91 days on market.
04
Drive times
~3 min to downtown Bend- Downtown Bend~3 min · 0.5 mi
- Old Mill District~5 min · 1 mi
- St. Charles Bend~12 min · 3.8 mi
- Sunriver Village~28 min · 17.8 mi
- Redmond Airport (RDM)~32 min · 20.9 mi
- Mt. Bachelor~36 min · 24.7 mi
- Sisters~37 min · 25.6 mi
- Smith Rock State Park~42 min · 30.2 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 2008- Type
- Single Family Residence
- Year built
- 2008
- Stories
- 3
- Garage
- 2 spaces
- Lot
- 0.14 AC · 6,098 SF
- Price / SF
- $728
- HOA
- None reported
- Taxes
- $5,192/yr
- Subdivision
- Park Addition
- County
- Deschutes
- Days on market
- 91
- MLS #
- 220224824
- Interior
- Built-in Features · In-Law Floorplan · Kitchen Island · Open Floorplan · Pantry · Stone Counters · Vaulted Ceiling(s) · Walk-In Closet(s) · Wired for Data · Wired for Sound · Spa/Hot Tub · Solid Surface Counters · Linen Closet · Tile Shower
- Appliances
- Dishwasher · Disposal · Dryer · Microwave · Oven · Range · Range Hood · Refrigerator · Tankless Water Heater · Washer · Water Heater · Instant Hot Water
- Flooring
- Carpet · Hardwood · Tile
- Heating
- Forced Air · Heat Pump · Natural Gas
- Cooling
- Heat Pump
- Fireplace
- Gas · Living Room · Wood Burning
- Exterior
- Spa/Hot Tub
- Parking
- Alley Access · Detached · Garage Door Opener · Gravel · On Street · Other · RV Access/Parking
- View
- Park/Greenbelt · Cascade Mountains · Neighborhood
- Lot
- Garden · Landscaped · Level · Sprinklers In Front · Sprinklers In Rear · Sprinkler Timer(s) · Drip System · Fenced
- Construction
- Frame
- Roof
- Composition
- Community
- Short Term Rentals Allowed
06
Location & schools
Park Addition44.0569° N · 121.3221° W
Directions- Elementary
- William E Miller Elem
- Middle
- Pacific Crest Middle
- High
- Summit High
Assignments come from the listing broker and boundaries change. Verify with the school district before you count on them.
07
Monthly payment
$10,750/mo$10,750/mo
$1,519,600 loan · 30 yr fixed · 6.5%
- Principal & interest
- $9,605
- Property tax (listing)
- $433
- Home insurance (est.)
- $712
20% · $379,900
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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#220206541Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 12:01 PM.
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