17062 Milky Way, Bend, OR

$787,500

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3

Beds

3

Baths

2,153

Square feet

0.51

Acres

About 17062 Milky Way

Deschutes River Waterfront Home in Three Rivers - $8,000 Seller Credit at Closing! Life on the river starts at your private dock. Situated in a peaceful, established Three Rivers neighborhood near Sunriver, this contemporary modern chalet combines quiet family living with prime Central Oregon outdoor adventure. Two river-rock fireplaces bring mountain chalet warmth to the great room and main-level primary suite across 2,153 sqft of living space. Step onto the expansive deck, launch kayaks from your backyard or walk to the nearby community park and boat ramp. Ideal as a primary home or vacation retreat, with Sunriver dining minutes away and Mt. Bachelor ~23 miles out. Fully STR-allowed, this property blends community charm with strong short-term rental investment potential. You won't find another waterfront property like this at this price point: Schedule your tour today! Sellers offer an $8,000 credit at closing toward updates, closing costs, or interest rate buydowns: your choice

Features of 17062 Milky Way

MLS® # 220220264
Price $787,500
Bedrooms 3
Bathrooms 3.00
Full Baths 2
Half Baths 1
Square Footage 2,153
Acres 0.51
Year Built 1992
Type Residential
Sub-Type Single Family Residence
Style Contemporary
Status Active

Community Information

Address 17062 Milky Way
Subdivision Drrh Trs
City Bend
County Deschutes
State OR
Zip Code 97707

Amenities

Amenities Clubhouse, Marina, Park, Playground, Road Assessment, Sport Court
Parking Attached, Concrete, Driveway, Electric Vehicle Charging Station(s), Garage Door Opener, Gravel
# of Garages 2
View Forest, Neighborhood, River, Territorial
Is Waterfront Yes
Waterfront Waterfront

Interior

Interior Features Smart Lock(s), Ceiling Fan(s), Double Vanity, Kitchen Island, Linen Closet, Open Floorplan, Primary Downstairs, Shower/Tub Combo, Solid Surface Counters, Vaulted Ceiling(s), Walk-In Closet(s)
Appliances Cooktop, Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer, Water Heater, Water Softener, Wine Refrigerator
Heating Fireplace(s), Electric, Heat Pump, Propane, Wood
Cooling Heat Pump
Fireplace No
Fireplaces Living Room, Primary Bedroom, Wood Burning
Stories Two, Multi/Split
Basement None
Levels Two, Multi/Split

Exterior

Exterior Features Dock, Rain Barrel/Cistern(s)
Lot Description Fenced, Landscaped, Native Plants, Sloped, Wooded, Xeriscape Landscape
Windows Aluminum Frames, Double Pane Windows, Vinyl Frames
Roof Metal
Construction Frame
Foundation Stemwall

School Information

Elementary Three Rivers Elem
Middle Three Rivers
High Caldera High

Additional Information

Date Listed April 1st, 2026
Days on Market 129
Zoning RR10
HOA Fees 50
HOA Fees Freq. Annually
Horse Property No

Listing Details

OfficeRealty One Group Discovery

Listing Map

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