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$195,000
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Property Description
This property presents a unique investment and development opportunity in the heart of LaPine. Situated on a .29-acre lot with Residential Commercial zoning, this property offers flexibility for a variety of potential uses, including residential redevelopment, mixed-use possibilities, small business use, or continued residential occupancy. The existing home is a fixer with strong upside potential for investors, contractors, or developers looking to rehab, reposition, or maximize the site's future use. With its prime in-town location near shopping, restaurants, and everyday amenities, this property offers excellent visibility, accessibility, and long-term potential in one of Central Oregon's growing communities!
Full Property Details
Full Property Details for 51380 Preble Way
General
- Sold For: $195,000
- Taxes: $1,196 (2025)
- Status: Sold
- Type: Single Family
- Source: RWMLS
- MLS ID: 676741685
- Added to Site: 107 day(s) ago
Interior
- Interior Features: Wall to Wall Carpet
- Fireplace(s): Stove
- Appliances: Free-Standing Range, Free-Standing Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: Main
- Bedroom 2: Main
Other Rooms
- Living Room: Main
- Kitchen: Main
- Dining Room: Main
Exterior
- Exterior Features: Accessory Dwelling Unit, Fenced, Yard
Parking
- Parking Features: Driveway, On Street
Location
- County: Deschutes
- Driving Directions: Hwy 97, turn onto Finely Butte Rd, right onto Preble Way
School Information
- Midd School District: La Pine
- Elementary School: La Pine
- Middle School: La Pine
- High School: La Pine
Community
- Community Name: 320 - Deschutes County
Heating & Cooling
- Heating Type: Gas Stove
- Heating Fuel: Electricity, Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Architectural Style: 1 Story
- Roof: Metal
- Windows: Vinyl Frames
- Stories/Levels: 1
- Square Feet: 952
- Year Built: 1951
- Property Condition: Fixer
Lot Features
- Lot Size (Acres): 0.29
- Lot Size (Sq. Ft.): 12,632
- Lot Size: 10, 000 to 14, 999 SqFt
- Frontage: Paved
- Lot Features: Level
Financial Considerations
- Tax Amount: $1,196.5
- Tax Year: 2025
- Terms: Cash, Rehab
Disclosures and Reports
- Disclosures/Reports: Disclosure
- Property ID: 115020
Listed by John L. Scott Eugene (541) 687-1415, Kaci Spoor (541) 844-8868
Sold by Non Rmls Broker (503) 236-7657, OR and WA Non Rmls
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Schools
Schools serving 51380 Preble Way
School District:Bend-la Pine Administrative School District 1
| Name | Grades | Distance |
|---|---|---|
Rosland Elementary School 52350 Rease Dr, La Pine, OR 97739 | K-5 | 2.6 mi |
Lapine Middle School 16360 First St, La Pine, OR 97739 | 6-8 | 0.7 mi |
Lapine Senior High School 51633 Coach Rd, La Pine, OR 97739 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 51380 Preble Way
Date
Details
Price
Change
Source
7/13/2026
Sold
$195,000
-7.14%
MLS
5/07/2026
Listed
$210,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
51380 Preble Way, La Pine, OR 97739 (MLS# 676741685) is a Single Family property that was sold at $195,000 on July 13, 2026. Want to learn more about 51380 Preble Way? Do you have questions about finding other Single Family real estate for sale in La Pine? You can browse all La Pine real estate or contact a Coldwell Banker agent to request more information.

