Central Oregon Real Estate News

Sept. 2, 2013

22575 Skyview, Bend, Oregon 97701

$1,195,ooo   http://22575skyview.c21.com

Unobstructed panoramic Cascade Mountain Views grace the entire ranch estate. Every inch of the property from the single level main house, 4 stall stable with heated tack room, 400 x 400 arena, 1000 sf heated shop to the charming Carriage house with 1584 sf of elegant living space has been upgraded with exquisite detail. The property boasts barn wood flooring, clay plaster walls, river rock fireplace, marble counter tops, hand finished knotty alder and endless views.

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Sept. 2, 2013

21 Plover Lane, Sunriver, Oregon 97707

SOLD $385,000

http://21ploverlane.c21.com

This home is perfect for large family gatherings and located in the north end of Sunriver. Enjoy multiple front and back massive decks, large living room with floor to ceiling stone fireplace, room for everyone in the game room with full kitchen, eating bar, multiple doors leading to the wrap around deck, 3 large bedrooms and three bath, large landscaped lot and sold furnished with a Sunriver themed furniture package. Rental History21 Plover 1 21 Plover 2 21 Plover 3 21 Plover 4 21 Plover 5 21 Plover 6 21 Plover 7 21 Plover 8 21 Plover 10 21 Plover 11 21 Plover 12 21 Plover 13 21 Plover 14 21 Plover 15 21 Plover 16 21 Plover 17 21 Plover 18 21 Plover 19 21 Plover 20 21 Plover 21

Sept. 2, 2013

1506 NW Awbrey, Bend, Oregon (Downtown)

$769,000  http://1506nwawbreyroad.c21.com

Location, Location, Location! Downtown living in the heart of the Westside. This 2013 built Tudor home is located on a corner lot surrounded by elegant private gardens, steps to the river and all in one of Bend’s most time honored neighborhood. The main house has 3 BR and 2.5 BA, with a lovely open floor plan, the separate 1BD permitted ADU with rental history through VRBO. A rare opportunity to own new construction just steps from downtown Bend. Over $64,000 in upgrades.1506 NW Awbrey Rd 1 1506 NW Awbrey Rd 2 1506 NW Awbrey Rd 3 1506 NW Awbrey Rd 4 1506 NW Awbrey Rd 5 1506 NW Awbrey Rd 6 1506 NW Awbrey Rd 7 1506 NW Awbrey Rd 8 1506 NW Awbrey Rd 9 1506 NW Awbrey Rd 10 1506 NW Awbrey Rd 11 1506 NW Awbrey Rd 12 1506 NW Awbrey Rd 13 1506 NW Awbrey Rd 14 1506 NW Awbrey Rd 15 1506 NW Awbrey Rd 16 1506 NW Awbrey Rd 17 Furnished Apartment 1506 NW Awbrey Rd 18 1506 NW Awbrey Rd 19 1506 NW Awbrey Rd 20 1506 NW Awbrey Rd 21 1506 NW Awbrey Rd 22

Posted in Featured Listings
Sept. 2, 2013

20 Kinglet, Sunriver, Oregon

$799,000  http://20kinglet.c21.com

Beautiful lodge style custom home with a hard to find spacious outdoor private stone fireplace with large covered patio. This home boasts 3694 ft, 5 full master suites designed w/ 2 separate wings wrapping around the massive deck with walls of large windows. Massive stone double sided fireplace, two living spaces w/ media wall & bookcases, 14 person dining room, extensive wood and log accents through-out, high ceilings and high end furniture & dcor package. Sold turnkey w/ rental history.20 Kinglet 1 Front 20 Kinglet 2. Front 20 Kinglet 3 LR 20 Kinglet 4 GR 20 Kinglet 5 20 Kinglet 6 20 Kinglet 7 Kitchen 20 Kinglet 8 Dinning 20 Kinglet 9 DR 20 Kinglet 10 Landing 20 Kinglet 11 Master 20 Kinglet 12 Master bath 20 Kinglet 13 BR 20 Kinglet 14 Bth 20 Kinglet 15 BR 20 Kinglet 16 BR 20 Kinglet 17 BR 20 Kinglet 18 Bth 20 Kinglet 19 BR 20 Kinglet 20 Bth 20 Kinglet 21 FP 20 Kinglet 22 FP 20 Kinglet 23 Back 20 Kinglet 24 20 Kinglet 25

Posted in Featured Listings
Sept. 1, 2013

56324 Solar Drive, Bend, Oregon (Deschutes River Frontage)

$524,900

Big Deschutes Riverfront home w/ 92 feet of river frontage w/ an outstanding private dock. This home was thoughtfully designed w/ nearly every room enjoying an unobstructed view of the river. Large great room w/ floor to ceiling stone fireplace, additional family room w/ room for all, kitchen and 3.5 bathrooms w/ slab granite, stainless steel appliances, two full master suites, wood floors & RV parking. The two large decks overlook the rolling grass & unobstructed view of the river. Sold furnished.

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Sept. 1, 2013

6439 Coopers Hawk, Running Y Ranch Resort

$1960,000   http://6439coopershawkroad.c21.com

Rare opportunity to own a handsome, yet elegant estate home overlooking an unobstructed 180 degree view of Klamath Lake. Located in the Running Y Ranch Resort that boasts the top 100 rated Arnold Palmer golf course and all the resort amenities. Unparalleled woodwork and architectural detail from the log beams and accents, grand staircase, multiple handsome living areas, 4 rock fireplaces, 7 suites, full caretaker quarters, and massive outdoor living space to enjoy the views, nature in ultimate privacy.Cooper 1 (1024x683) Cooper 2 (800x600) Cooper 3 (1024x683) Cooper 4 (1024x683) Cooper 5 (1024x683) Cooper 6 (1024x683) Cooper 7 (1024x683) Cooper 8 (1024x683) Cooper 9 (1024x683) Cooper 10 (1024x683) Cooper 11 (1024x683) Cooper 12 (1024x683) Cooper 13 (1024x683) Cooper 14 (1024x683) Cooper 15 (1024x683) Cooper 16 (1024x683) Cooper 17 (1024x683) Cooper 18 (683x1024) Cooper 19 (1024x683) Cooper 20 (1024x683) Cooper 21 (1024x683) Cooper 22 (1024x683) Cooper 23 (1024x683) Cooper 24

Posted in Featured Listings
Sept. 1, 2013

Building it Wright, Frank Lloyd Wright design in Bend, Oregon

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Jason Adams, owner of Arbor Builders, and Cliff Scott, not pictured, lead designer of Designs for Living, have started designing and building homes in Bend, like this one at 1235 N.W. Union St., in the style of famed architect Frank Lloyd Wright.
Rob Kerr / The Bulletin

 

Building like Frank Lloyd Wright

Bend homebuilding and architectural companies emulating Wright’s design

By Elon Glucklich / The Bulletin

Published: September 01. 2013 4:00AM PST

Frank Lloyd Wright

For many, Frank Lloyd Wright is the founding father of American architecture.
Born in 1867, Wright moved to Chicago in his early 20s, where he worked for several architectural firms, according to the Frank Lloyd Wright Foundation.
By the 1930s, he was building homes, office and industrial buildings across the country that changed the way people thought about architecture. He envisioned buildings that seemingly grew out of their natural surroundings.
A Pennsylvania home in the Allegheny Mountains, built on top of a waterfall in 1935 and known as Fallingwater, is arguably Wright’s most famous work.
Today, more than 50 of Wright’s homes, churches, theaters and office buildings are open to the public for tours, including The Gordon House, a Usonian home in Silverton, northeast of Salem.

A century ago, Wisconsin-born architect Frank Lloyd Wright turned home design on its head.

Today, a Bend builder and an architect are dotting the city’s west side with homes Wright would clearly recognize.

Arbor Builders recently finished a 1,600-square-foot home on Northwest Union Street, which incorporates Wright’s unique style of architecture.

A pioneer of modern American home design, Wright’s idea was to meld nature with architecture, creating spacious rooms filled with light, affordable for a middle-class family and shaped to fit on unconventional pieces of land. Wright called them “Usonian” homes. The word was a take on the term USONA, a 19th-century abbreviation of the United States of North America, according to the Frank Lloyd Wright Foundation.

Jason Adams, Arbor Builders’ owner, thinks the Usonian style can find a niche in Bend.

Adams teamed up with Cliff Scott, lead designer of Designs for Living, to build the Union Street home and another that’s almost complete on Northwest Albany Street.

The pair has 16 more Usonian homes in the pipeline, which they hope to build over the next 18 months.

The Union Street home — which sold last month for $415,000 — clearly stands out from its neighboring cottage and craftsman-style properties.

Sheltering overhangs and roofs staggered at different heights give the home a futuristic vibe.

The interior strips away some of the doors and walls that traditionally separate kitchens from living rooms and other common areas, creating an open feeling that was a staple in Wright’s homes.

Windows fill up as much of the outer walls as possible, bringing in plenty of natural light — Another nod to Wright’s philosophy of bringing natural surroundings into a home.

“We were looking for something that had a historic element to it, but would be new in Bend,” Adams said. “This type of design allows for a lot of creativity.”

Adams and Scott got the idea to replicate Wright’s model back in 2005, when Bend’s home market was booming. As the market softened in 2007, then collapsed a year later, they put those plans on hold. Adams survived the downturn by purchasing and fixing foreclosed homes.

But last year, emboldened by an uptick in sales and new demand for construction, he and Scott dusted off the Usonian blueprints.

Arbor Builders built just one home in 2011 and three in 2012. But the company is getting permits and starting construction on 10 this year. Adams builds in more traditional styles, as well as the Usonian design. But for now, he’s focused almost entirely on replicating Wright’s designs.

“The (Bend) market got so overbuilt with craftsman homes and cottages,” Adams said. “We wanted to bring something a little different to the market.”

Scott has spent nearly three decades designing homes, many of them in the craftsman style.

But the Usonian style also makes sense for Bend, especially on the west side, where wide, spacious home lots that haven’t already been developed are scarce.

“The homes fit in perfectly with this lifestyle of having a small, urban lot,” Scott said. “When Wright started this design, the whole idea was to make a home for the common man.”

Wright’s style was to create opportunities for families and friends to come together in the home. Early 20th-century American cottages continued the style of the 19th century, where large porches facing the street gave residents a chance to talk with passersby.

The automobile transformed that relationship, Wright recognized. He created the same open feeling inside the home, stripping away walls and doors that separated kitchens from living rooms and other common areas.

Adams’ homes on Union and Albany streets emulate that style. Usonians take about a month longer to build than their craftsman or cottage counterparts, Adams said. Cottages often include attics, which provide space for infrastructure like electric wiring and heating. But the Usonian’s open design means it takes longer to install many of those utilities.

And they aren’t for entry-level buyers. Adams expects to list the 1,800-square-foot Albany Street home at $399,000.

But if the sale of the Union Street home is any indication, there may be a market for them. It hit the market on a Thursday afternoon in early July. By 10 a.m. the next morning, it had an offer.

Adams believes the other Usonian homes will catch on as they’re built over the next 18 months.

Planning them has brought more business to Arbor Builders than the company has seen since before the market crash. Adams has five employees overseeing Arbor’s projects today, up from two full-timers and a part-time worker through much of the downturn.

“Construction as a whole has picked up, and we’ve really picked up with it,” he said.

— Reporter: 541-617-7820

eglucklich@bendbulletin.com

Sept. 1, 2013

Bend noted for entreprenuership

Bend grows entrepreneurs

Study ranks city 16 nationally in high-tech startup density

By Rachael Rees / The Bulletin

Published: September 01. 2013 4:00AM PST

 

Jim Miller, founder and CEO of a tech startup, moved his family and business to Bend:

— before learning Entrepreneur Magazine labeled Bend the next big city for entrepreneurship;

— before he knew about FoundersPad, the startup accelerator program, and

— before discovering Bend is home to a number of investors and venture capitalists.

Miller moved from Seattle to Bend last year for the quality of life, as well as the lower costs of living and running his business, KardioFit, an online wellness rewards program.

“We don’t have the traffic that we had in Seattle, but (we have) all the amenities and beauty,” he said.

Recently, others across the country also have discovered the entrepreneurial hub growing in Bend.

The city ranked 16 out of 384 metropolitan areas in the country for high-tech startup density, the concentration of startups relative to the nation as a whole, in 2010, according to an Aug. 14 report from the Ewing Marion Kauffman Foundation, a Kansas City, Mo., nonprofit dedicated to entrepreneurship.

Corvallis ranked 12th and the Portland metro area came in 23, according to the report.

While Portland has a growing community of software companies and innovators, Bend has also attracted hi-tech entrepreneurs because of the lifestyle, said Ron Adams, executive associate vice president of the Oregon State University Advantage program.

Universities have also increasingly engaged in entrepreneurial activities, he said, developing and attracting talent to the ideas coming out of university research. OSU’s Advantage Program, announced earlier this year, has a business accelerator to identify and develop startup companies and an industry-partnering component to help businesses conduct research and development.

“I think what’s happening in Bend is also a cultural shift,” Adams said, noting a possible Silicon Valley influence. “The value people are placing and the community is placing on entrepreneurship has gone up a lot (and) it appears it has been predominantly over the past 10 years … There’s something in the water.”

 

Bend Venture Conference

 

Bend Business Advocate Carolyn Eagan agreed the city has been working to attract entrepreneurs and cultivate startups since the early 2000s, noting the first Bend Venture Conference occurred in 2004.

“We started a long time ago providing infrastructure and support for these companies,” she said. “And some of our most prominent companies were started by one person with an idea.”

Today, a decade later, she said the entrepreneurial ecosystem is comprised of not only the Bend Venture Conference, but accelerator programs like FoundersPad and organizations such as Economic Development for Central Oregon and the Tech Alliance of Central Oregon.

“From the city’s perspective, we are a town of entrepreneurs,” she said. “Even if you start a little retail shop, you’re an entrepreneur. You’re starting something from nothing.”

Referencing data from 2011, Eagan said 90 percent of the companies in Bend had 19 or fewer employees.

“In Bend you either work for an entrepreneur or you are one,” she said.

The Kauffman Foundation report mirrors Eagan’s perspective, stating entrepreneurship is consistently linked with measures of economic development, such as employment growth. “Research shows that one high-tech job in a region is associated with the creation of more than four additional jobs in the local services economy of the same region in the long run,” the report states.

 

FoundersPad

 

Since FoundersPad, formerly called VentureBox, began in fall 2011, it has graduated 22 business founders,establishing 14 companies and creating 41 jobs that have attracted more than $2.4 million in capital, said Molly Mount, program manager of FoundersPad.

“By focusing on developing a new generation of entrepreneurs, most of whom have ties to the local area, FoundersPad is helping to build companies that will create jobs and spark economic growth in the region for years to come,” Mount said.

The program wrapped up its third session in July, and has plans to offer a fourth in January, she said. Other events, such as Bend’s Startup Weekend, where entrepreneurs launch a company in 54 hours, are also fueling the fire of entrepreneurship, she said.

“All the pistons are working together,” she said. “It’s one good engine with everyone collaborating, nurturing and supporting each other to really build the entrepreneurial ecosystem of Bend.”

Miller, of KardioFit, graduated from the second session of FoundersPad. He said the experience gave him access to successful entrepreneurs and investors which helped him hone his business plan.

In addition, he said there’s a lot of attractive components to locating a business in Bend.

“(Entrepreneurs) can come and cost effectively incubate and develop their businesses,” he said. “Real estate, salaries and all services across the board are cheaper here.”

When comparing the cost to live and do business in Bend versus Seattle, he said, Bend was about 33 percent less expensive, so money goes further in Bend.

In addition, he said, availability of flights from Redmond Airport makes traveling for business easy.

“I go to Seattle once every six weeks to maintain professional relationships and do business,” he said. “But I can be building my business in an area that is beautiful, that offers a great quality of life for raising a family and has access to talented and educated people that we can recruit into our business.”

 

Venture capital

 

Because of the entrepreneurial infrastructure in Bend, Eagan said, companies coming out of local entrepreneurial programs have been catching investors’ eyes.

“We’re starting to see more funding interest in Central Oregon and Bend.” Eagan said. “Lots of those startup companies require private investments. So what we’re seeing is more and more private investors considering companies in Bend because they know the companies in Bend have been well-trained and are ready for money.”

One of those investors is Dino Vendetti, a venture capitalist and co-founder, investor and mentor for FoundersPad.

Vendetti, managing director of Formative Ventures in Menlo Park, Calif., founded Seven Peaks Ventures, a $15 million Bend-based venture capital fund focused on investing in Web and software companies, according to The Bulletin’s archives and a Securities and Exchange Commission document.

“I am investing in Bend because I am finding very high quality entrepreneurs who are building interesting businesses that have the potential to scale,” he wrote in an email.

“Why Bend? Because it has a high density of entrepreneurs (tech or other), it’s launching a new four-year university and because of the close proximity to Silicon Valley.

“Oh, and also because I enjoy living here!”

— Reporter: 541-617-7818,

Sept. 1, 2013

Expanding Northwest Crossing

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An excavator and a drilling rig prepare land Wednesday in NorthWest Crossing for the development’s next expansion, called the Discovery Park area.
Rob Kerr / The Bulletin

 

Expanding Northwest Crossing

Bend neighborhood readies land west of Mt. Washington Drive for housing

By Rachael Rees / The Bulletin

Published: August 30. 2013 4:00AM PST

 

Work is underway to prepare land for the next big expansion of NorthWest Crossing, referred to as the Discovery Park area, with a proposed 175 housing lots, a 34-acre park and a 3-acre pond.

Heavy equipment has started to remove loose dirt in a former pumice mine on the property, said David Ford, general manager for NorthWest Crossing developer West Bend Property Co.

He said about 565,000 cubic yards will be removed and replaced, and about 200,000 yards of additional fill will be brought in to bring the land to the required elevation. He expects the work, which began Aug. 19, to take between six and seven months.

When complete, he said, the 98-acre area west of Mt. Washington Drive will be ready for building roads and laying out home lots.

The plan is to develop 172 single-family housing lots in the Discovery Park area, pending approval by the city. Three additional lots, including a nearly 5-acre parcel, are planned for multifamily housing.

“We’ll determine what we’ll do with those lots at the time the land is developed, depending on market conditions,” he said. “It gives us some flexibility to respond to the market.”

Ford said 15 acres of the 34-acre park will be improved, with a manicured landscape and paved trails, and the rest will be left natural. The improved section of the park is scheduled to be completed in the fall of 2014.

“The goal is we would have our first phase of lots available in the Discovery Park area by spring or summer 2014, with homes available for sale spring of 2015,” Ford said.

In the existing NorthWest Crossing area, he said, builders are finishing up the lastresidential area, composed of 60 lots, on the east side of Mt. Washington Drive. Ford expects construction to be done by next month. He said a couple of parcels of commercially zoned land near Westside Church are also undeveloped.

— Reporter: 541-617-7818,

rrees@bendbulletin.com

Aug. 29, 2013

2 Flat Top, Sunriver, Oregon

$324,900

Outstanding Sunriver location just steps from Fort Rock Park, a short bike ride to the SHARC, but nestled on a quiet tree lined street and lot. This property includes a stone fireplace, granite counter tops, soaring wood ceilings, great room with large windows overlooking the tiered decks and unobstructed views of the common area, 3 large bedrooms, excellent furniture package and an average of $28,000 a year in rental income. This one is truly turn-key.2 flat top 1 2 flat top 2 2 flat top 3 2 flat top 4 2 flat top 5 2 flat top 6 2 flat top 7 2 flat top 8 2 flat top 9 2 flat top 10 2 flat top 11 2 flat top 12 2 flat top 13 2 flat top 14 2 flat top 15 2 flat top 16 2 flat top 17 2 flat top 18 2 flat top 19 2 flat top 33