A Turnkey STR in One of Central Oregon's Quieter Neighborhoods
Tucked inside the River Meadows subdivision at 16693 Wagon Trail, this two-bedroom, one-and-a-half-bath home sits on just over 1,200 square feet and is already operating as an active short-term rental. Towering ponderosas, aspens, and a sense of genuine privacy set the tone the moment you arrive. If you've spent time at Sunriver, the feel here is familiar—minus the crowds.
The neighborhood itself adds real value for guests. River Meadows offers paved trails for biking, walking, and hiking, a private dock with access to the Deschutes River, pickleball courts, a pool, and a clubhouse—all with HOA dues that are described as quite reasonable.
What Makes This Property Work as a Rental
A few specific features push this home past a standard furnished rental:
- EV charger in the garage. A Tesla electric vehicle charger is already installed. As more travelers drive electric, this is a practical differentiator that shows up in search filters on booking platforms.
- Private hot tub. Brand new and screened for privacy, the hot tub sits just off the great room slider. Guests can sit outside, look toward the tree line, and hear the Deschutes River just beyond the neighboring properties.
- Guest-ready extras. Bikes and kayaks are included for guest use, which fits exactly what people come to Central Oregon to do.
- Fully furnished. Everything transfers with the sale. No sourcing furniture, no staging costs, no delay before your first booking.
Inside the Home
The layout is practical and well-maintained. A mudroom at the entry keeps the interior clean—a small detail that matters when guests are coming in off the trails. The kitchen has been updated with stainless appliances and butcher block countertops. The original Jenn-Air stove is compact but durable; anyone who has owned one knows they hold up.
The great room features vaulted ceilings, an electric fireplace, and two sliders that open to the back deck and hot tub. Radiant ceiling heat keeps the space comfortable in Central Oregon winters. Natural light comes through generously, especially from the upper windows visible from the main floor.
Both bedrooms are fully enclosed—not lofted or open to the floor below—which matters for guest privacy and sleep quality. Each has a ceiling fan, window air conditioning, and a closet. The primary bedroom includes a large walk-in closet and connects to the full bath through a jack-and-jill door. The bathroom has tile floors, an updated vanity, and a tile shower with a hotel-style curved curtain rod that opens up the shower space. A half bath on the main floor rounds out the layout.
There is also a single-car garage with an automatic opener, washer and dryer, and an owner storage area near the front entry that the current owners use when they're not renting the home.
The Numbers Are Available
Because this is an active rental, there is actual revenue history to review—not just projections. If you're evaluating this as an investment, you won't be working from estimates alone. Suzanne and Sarah can share both actuals and forward-looking estimates so you can compare them against your own underwriting.
"We would be glad to share with you all of the revenue estimates, actuals and estimates so that you can see if this matches with your real estate investing goals."
That kind of transparency is worth a lot when you're deciding whether a short-term rental pencils out in a specific market. Central Oregon STR performance varies by neighborhood, amenity set, and seasonality—having real data from this address removes a significant layer of guesswork.
Interested in This Property or Others Like It?
If River Meadows fits your criteria—or if you want to understand how to evaluate active short-term rentals in the Bend area—there are two good next steps. Join us at the monthly Central Oregon Investor Network meetup, where we talk through deals like this alongside other local investors. And if you want a deeper foundation in using private money to fund acquisitions like this one, the PRIMO Private Money Academy is built for exactly that. Reach out to Suzanne or Sarah to learn more about either.
