March 2024 Bend Oregon Real Estate Newsletter

by James Kinney

Happy March! As we swing into spring in Central Oregon, this newsletter is packed with news and data on Bend and Central Oregon real estate.

New commercial developments are all over Bend and I am sure you have seen the construction cranes towering over these. The February market reports are in and a recap of real estate for 2023 is also here for you to review. And, of course skiing and snowboarding are still going strong with some epic conditions in February and early March.

With home prices maintaining close to market highs this spring could be a great time to think about selling to a market that is still tilted to the seller.

I would love to help you or someone you know sell your home and realize your real estate goals. I am passionate about helping my clients assess their home and negotiate the highest price when selling. Reach out for a FREE HOME EVALUATION to see what your home or property might be worth.

Enjoy the newsletter and this quote by Craig Groeschel, "Successful People Do Consistently What Normal People Do Occasionally".

Free Home Valuation

PLATFORM DEVELOPMENT

Photo Curtsey of Bend Bulletin

Embarking on an exciting journey of growth, Bend sees the emergence of two magnificent five-story apartment buildings known as the Platform. Nestled on the historic grounds that once housed Les Schwab Tire Center's flagship store, this development promises a seamless blend of modern living and cherished memories.

In a visionary move, Bend's city councilors have given their nod to this extraordinary project's residential facet by granting a 10-year tax exemption. This strategic decision is a pivotal part of the city's multi-unit property tax exemption program, designed to catalyze the development of upscale multi-family housing in specific areas, adding a touch of allure to the city's landscape. Get ready to witness the harmonious convergence of history and innovation at the Platform, where a vibrant community awaits its residents.

Jackstraw Development

Photo Curtsey of Bend Bulletin

The Jackstraw is a mixed-use development that aims to harmonize with the character of Bend and use innovative approaches to design, sustainability, the arts and social impact, according to its developers. Spanning a 4.7-acre site between Industrial Way and Lava Road, The Jackstaw will include 313 units, offering a mix of townhomes and apartments that cater to a diverse mix of Bend residents.

The ground floor will feature 17,500 square feet of retail spaces, providing a hub for local shops and businesses, meant to complement the adjacent Box Factory. There will be approximately 450 parking stalls for residents, visitors and customers.

Timber Yards Development

Photo Curtsey of Bend Bulletin

Bend's newest landmark development, set to transform the landscape of the city. Located on the historic grounds of a former particle board plant, this visionary project has received unanimous approval from the City Council. Spanning 32 acres, Timber Yards will boast the city's densest blend of residential and commercial spaces, with building heights reaching up to 75 feet. Among its impressive features are 1,600 housing units, including 250 earmarked for affordable senior living, a 180-room hotel, and dynamic retail and office spaces.

Nestled in the heart of Bend's bustling landscape, Timber Yards offers unparalleled convenience. Situated within walking distance of the iconic Old Mill District, residents will enjoy easy access to a plethora of dining, shopping, and entertainment options. The nearby Deschutes River beckons with its serene beauty, perfect for leisurely strolls or adventurous activities.

February Market Statistics

End-of-Year Overall Market Report

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Photo Courtesy of James Kinney Photography

You have probably noticed - I Love Skiing! It's my favorite thing to do and I love showing others around Mt. Bachelor.

There is nearly two and a half months of skiing and riding remaining in Mt. Bachelor's season. Spring brings summit and backside laps, powder storms, and sunny corn conditions that are some of the best in North America.

I have spent 21 years riding every part of Mt. Bachelor and would love to ski with you. Reach out and let's get after a fun day of skiing and snowboarding!!!

Photo Courtesy of Mt. Bachelor Ski Resort

Mt. Bachelor is now open daily for skiing and riding. Stay up to date on lift operations and conditions!

Mt. Bachelor Weather Conditions

Photo Courtesy of Ski Hoodoo

Just 45 Minutes from Bend, Ski Hoodoo offers Cheaper, Deeper, and Steeper for an affordable price!

Hoodo Ski Hoodoo Mountain Conditions

Arianna Restaurant - Nestled within a charming craftsman bungalow on Bend's Westside, Ariana is a culinary haven in the heart of Oregon. Renowned for Chef Andres and Ariana Fernandez’s seasonal chef’s tasting menus, the restaurant weaves a gastronomic tapestry using the bounty of the Northwest and support from local farmers in Central Oregon. With an extensive wine list featuring selections from the region and signature cocktails crafted from distinctive spirits, Ariana invites you to not just savor their delectable offerings but to also embrace the warmth of their home, where passion for food and a commitment to sustainability converge for an unforgettable dining experience.

Arianna Food Menu

Brickhouse Food Menu

Brickhouse Bend - Brickhouse is located in the Historic Firehall Building in Downtown Bend across from the Oxford Hotel. Serving USDA Prime Steaks, the highest grade of USDA Beef produced in the U.S. Fresh Wild Seafood are specialties of Brickhouse.

Brickhouse serves you only Hormone Free and Anibiotic Free proteins. We procure only the finest ingredients available including many Organic Products. Award winning wine list, Wine Spectator Best of (2 glass) Award of Excellence. Well stocked bar, comfortable booth seating.

Currents at the Riverhouse - Riverhouse on the Deschutes is the gateway to the high desert and a symbol for the unique lifestyle that defines it. Guests searching for the perfect balance of relaxation and adventure find unforgettable moments here along with the sophisticated comforts of spacious, modern rooms, fine northwest dining, and the incomparable companionship of the river. Here along the river lies the unofficial headquarters for those who feel the draw. A place where one can live out the dreams the city cannot accommodate. Riverhouse will convey approachable upscale modernity with rustic high desert overtones. There is an unassuming sophistication within our walls. One belief guides the experience the Riverhouse provides amidst this life. Taught by sounds of the river itself, it’s understood; we are all guests here.

Currents Food Menu

900 Wall Food Menu

900 Wall - Established in May of 2009, is located in the heart of downtown Bend. Our food is best described as modern American, with strong influences from Italian and French cuisine. Our menus are seasonally inspired and responsibly sourced. Our Chef, Cliff Eslinge, and our staff take pride in the use of fresh, local, organic, responsibly sourced ingredients when possible. We uphold the principal that great dishes begin with high quality ingredients.

900 Wall is unique in location and atmosphere. Our two story brick building, built in 1920, has a distinct character that gives our space historical charm infused with industrial-chic design.

Zydeco Kitchen & Cocktail - Harvest season is here and we are delighted with the bounty from our local farmers. We look forward serving you and your guests our weekly specials created to highlight these delicate fall flavors.

Located in the heart of downtown Bend, Zydeco Kitchen & Cocktails offers fine Northwestern cuisine with a Southern twist from the esteemed Chef Steve Helt.

At Zydeco Kitchen & Cocktails we focus on quality, hormone and pesticide free organic ingredients. We also offer a full Gluten-Free menu for our guests.

Zydeco Food Menu

Message me for a FREE copy of the magazine. It's worth the read.

GG is an independent magazine with top quality entertainment value. Architecture, lifestyle, fashion, design, yachting, luxury, travel… We scour the globe for the most exciting topics and most fascinating personalities, and invite you, dear reader, to come along for the ride. GG is a premium magazine featuring entertaining, well-researched stories. Meet the prominent architects, illustrious designers and distinguished artists everyone is talking about, and gain an entirely new perspective on their life and work. Read the new GG Magazine online. Just click on the link below and have a flick through. Of course GG Magazine is still available at your Engel & Völkers Bend located on Wall Street in downtown Bend.

Digital Copy - Read it here!