There are currently 85 homes listed for in Bend Oregon over $1,000,000. For purposes of this post we are saying a luxury home is:
1) Over $1,000,000. 2)3,000 square feet or larger 3) Has triple car garage or larger 4)Built prior to 1990. 4) Connected to Bend City sewer. We didn't count residential acreage will be be a discussion in another post.
The most expensive home for sale in Bend is asking $6,000,000. It is a European Chateau in the gated community of Broken Top. It has over 10,000 square feet, 5 bedrooms, 7 baths and a 4+ car garage. It includes a 800 square foot wine cellar is sits on a one acre lot over looking several fairways.
The second most expensive home for sale in Bend is located in the luxury golf course community of Pronghorn. It is listed for $3,950,000. It features: 1)5,579 square feet 2)5 bedrooms 3) 4.5 Baths 4) Triple garage 5) Small guest house.
There have been 34 luxury homes sold in Bend within the last year. The most expensive home sold was listed for $3,475,000 and sold for $3,000,000. It featured: 1) 4 bedrooms. 2) 6 baths. 3) Triple garage. 4) Premier membership in the Club at Pronghorn. It was on the market for 331 days.
The second most expensive home sold was on Awbrey Butte in Wyndemere subdivision. It was situated on a 1.35 acre lot that I had sold to the owners in 1998 for $195,000! Nice return on investment! It featured: 1) 5,214 square feet. 2) 3 bedrooms. 3) 4 baths. 4) Triple garage 5) Views of Deschutes river and Cascade mountain range. It was on the market for 611 days. It was originally listed for $2,650,000 and sold for $2,200,000.
The average luxury home for sale in Bend is listed at $1,715,001 and has been on the market for an average of 175 days. Several homes have been on the market for over a year. If you are in the market to buy a luxury home in Bend Oregon now is a good time to buy.
Jim Johnson has lived in Bend Oregon since 1981. Call 541-389-4511 or see his web site http://www.bendoregonrealestateexpert.com . To see more information on Bend Oregon click on the link below. http://bendoregonrealestateexpert.com/bendoregon.asp If you would like to make a comment on this post or on the Bend Oregon real estate market click on "comments" below.