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Featured Real Estate Investment Property Listings for Sun River Oregon: Coming Soon!

Sunriver

Often equated in the minds of many visitors as the primary initial reason for traveling to Central Oregon, Sunriver has evolved into the Pacific Northwest’s premier destination resort. In addition to three award-winning golf courses, 35 miles of paved bike trails (many more for mountain biking) and several meandering miles of the Deschutes River, the community offers some of the region’s finest dining and shopping. 

History
Sunriver’s first residents were Native Americans attracted to the excellent hunting and fishing along the banks of the scenic Deschutes River and in the Great Meadow.  The Sunriver Resort’s origins begin with the Army Corp of Engineers training camp in 1943. Today all that remains of the original Camp Abbot complex is the Great Hall, an impressive officer’s club built of native logs and stone. In 1968 development of the residential community began, including construction of the Lodge, Meadows Golf Course, swimming pool, Lodge Village suites and restored Great Hall. In 1979, the Woodlands golf course was added, and in 1995 the spectacular Crosswater golf course opened just south of Sunriver.  That same year a multi-million dollar capital program was launched by resort owners to expand and remodel a host of facilities at Sunriver.

Stats at a Glance



Deschutes County Building Permits

1997

1998

1999

2000
2001

Property Valuation: Residential

New Construction

Total Valuation

764

$132,924,150

879

$165,089,679

784

$160,173,653

685

$155,000,000

604

$147,900,000

Property Valuation: Commercial 

New Construction

Total Valuation

111

$29,748,433

115

$20,629,011

78

$12,989,870

69

$12,500,000

35

$7,810,000



Assessed Value

Year
Assessed Value
1994
 $          718,708,783
1995
 
1996
 $          752,110,042
1997
 $          768,065,741
1998
 $          724,286,092
1999
 $          766,949,621

Top Private Largest Employers

Sunriver Resort
650
Coldwell Banker
53
Sun Forest Construction
45
Sunriver Preparatory
40
Sun River Realty
32

Property Tax Rate 2002/2003

$11.2945 per thousand

Elevation

4100’

Telecommunications Infrastructure

Infrastructure
Type
Provider
Capacity
Speed
Telecom System Backbone Fiber(Via Bend) QWEST OC48 (=1,344 T-1 lines) 2.488 Billion bits/sec.
POP Digital QWEST
Installed Dark Fiber Fiber Optic Cable BPA Virtually Unlimited Fastest Speeds Available
Special Services DSL Sunriver Telecom
Cable Modem Chambers Cable
T-1 Lines Unicom, Shared Communications, other CLECS & ISP’s   64k-1.54mb
Dial Up Internet Many ISP’s   28.8K
Fiber Rings              Local high speed fiber network Chambers Cable Virtually unlimited Fastest speeds available

Population

The Pacific Northwest’s greatest destination resort, Sunriver has proven to be a popular residential community as well – growing to a town of over 15,000 people during the summer peak season.  Non-residents who vacation here or have properties for investment purposes own approximately 83 percent of the homes in Sunriver. That equates to approximately 2000 permanent residents. Because Sunriver lies in Deschutes County’s unincorporated area exact permanent resident population figures are not available. 

Development

Golf is a big part of development in Sunriver. Sunriver Resort boasts three golf courses totaling 54 holes, through varied and picturesque terrain. The crowning piece is the Bob Cupp/John Fought-designed Crosswater Golf Course, touted by Golf Digest as one of “America’s 100 Best Golf Courses”. Other outstanding courses include Sunriver Meadows and Sunriver Woodlands. 

The current residential property inventory for the resort is at approximately 2800 homes and over 850 condominiums within the development’s 3,300 acres. 

Sunriver Resort is also a destination for business groups, conferences, tradeshows and corporate retreats. Recently the Great Hall - a truly great architectural testimony to Oregon’s wood products heritage - underwent extensive remodeling.

The resort also has an executive airport with a 5,200 ft. runway for residents on working vacations or business retreats, or who live in Sunriver and commute to jobs in Seattle, Portland, or San Francisco. Along with the airport, the community has Sunriver Business Park, home to technology-based companies such as Mini-Mitter, a manufacturer of electromedical apparatus and transmitters that serves the medical industry.  The privately owned park also hosts commercial, retail and light industrial businesses as well as a public school and library. 

Livability

Livability is “job one” at Sunriver, so extra effort has been made to keep the resort area safe with a country feel.  Hence, there are some things you won’t find in Sunriver.  You won’t find a great deal of overhead lighting at night, no backlit commercial signage, and no speed limits over 30 mph.  Homes in the development have design and paint restrictions to keep a consistent look and feel with the native environment and with each other. You will find an active patrol by the Deschutes County Sheriff’s Office, Oregon State Police and Sunriver Police Department, all which keep property crime and accidents in the development to a minimum.

Sunriver Resort played a key role in construction of a highway that provides excellent access to Mt. Bachelor, one of the best ski resorts in the Western US. Sunriver’s proximity to a variety of outdoor recreation opportunities both within the resort as well as in 1.6 million acres of surrounding, publicly-owned Forest Service area makes fishing, canoeing, hiking, white water rafting, and a plethora of other activities easy to fit all in a single weekend. 

Did we mention that Sunriver is the Pacific Northwest’s premier destination resort?

With an average purchase price of $ 252,000 for a home, Sunriver is Central Oregon’s most expensive place to live.  However, when compared with average home price in other mountain resort communities such as Sun Valley, Idaho ($1,673,750) Jackson Hole, Wyoming ($815,000) Aspen/Vail, Colorado ($1,041,549) or Whistler, British Columbia, Canada ($333,548) it stacks up as a bargain!


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