Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    LaPine Land in Wagon Trail Title is generated by Realmo AI

    Pannier Ct lot 20, La Pine, OR 97739

    View on Map
    Claim this Listing
    For Sale
    $119,900

    LAND - LaPine, OR

    Lot size:
    1.08 Acres
    Added:
    Apr 3, 2026
    Days on Market:
    64
    Last Refresh:
    Jun 5 at 4:06 pm

    Property Features for Pannier Ct lot 20

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R2
    Standard status
    Active
    APN
    127954
    Lot size
    1.08 Acres

    Taxes and HOA fees

    Tax Description
    Tax Map Number: 001A0-08000 | Tax Lot: 20 | Tax Block: NA
    Tax Annual Amount
    199

    We can help!

    Listing Contact
    Holly Cole

    Listing agent Holly Cole License #200903090

    Listing office Keller Williams Realty Central Oregon 233 SW Wilson Ave #102, Bend, OR

    Listing date Apr 3, 2026

    MLS# 207288421 Listing URL

    Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Discover this 1.08 acre property in Wagon Trail Ranch, offering access to a seasonal heated pool, sauna, owners' clubhouse, walking trails, horse corral, and the Little Deschutes River.
    • Enjoy hassle‑free living with included road maintenance, snow removal, and FireWise Certification.
    • Adjacent 1.09 acre parcel available for purchase.
    • Benefit from close proximity to La Pine State Park, Newberry National Volcanic Monument, Mt. Bachelor, Wickiup Reservoir, and Quail Run Golf Course.
    • Embrace year‑round recreational opportunities, including hiking, biking, fishing, skiing, snowshoeing, snowmobiling, kayaking, and ATV trails.
    • Located in the Wagon Trail Ranch community in La Pine, offering a 4‑season lifestyle.

    Overview

    This 1.08-acre property is located in the Wagon Trail Ranch community in La Pine, offering a four-season lifestyle. The community features a seasonal heated pool, sauna, owners' clubhouse, walking trails, horse corral, and access to the Little Deschutes River for fishing and floating. Additional amenities include road maintenance, snow removal, and FireWise Certification. An adjacent 1.09-acre parcel is also available. The property is located near La Pine State Park, Newberry National Volcanic Monument, Mt. Bachelor, Wickiup Reservoir, and Quail Run Golf Course. Opportunities for snowshoeing, snowmobiling, kayaking, and ATV trails are nearby. The property is suitable for residential use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    La Pine
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.586582
    Latitude
    43.614061

    Nearby Similar for Sale

    • $459,000
      1,376 SF

      La Pine Commercial Opportunity

      Well-designed commercial building in La Pine with flexible layout.
      16440 Finley Butte Road, La Pine, OR 97739
      View Details
    • $469,000
      2,950 SF

      La Pine Duplex Investment Opportunity

      2004 duplex with spacious units, ideal for rental income.
      16406 Heath Drive, La Pine, OR 97739
      View Details
    • $269,000
      2,160 SF

      La Pine Shop on Cleared Land

      Cleared 0.99 acre lot with shop in La Pine.
      53158 Andrews Road, La Pine, OR 97739
      View Details
    • $185,000
      864 SF

      LaPine Acreage with Utilities

      1.02 acre lot with well, septic, and electricity.
      51377 MITCHELL Rd, LaPine, OR 97739
      View Details
    • $150,000

      Wooded Corner Residential Lot

      1.55-acre wooded corner lot in La Pine, offering space to build and access year-round Central Oregon recreation.
      51600 Pine Loop Drive, La Pine, OR 97739
      View Details
    • $115,000

      LaPine, Oregon Land Parcel

      Large .94-acre city lot in Central Oregon.
      Ash Dr, LaPine, OR 97739
      View Details
    • $185,000
      864 SF

      La Pine Acreage with Utilities

      1.02 acre lot with well, septic, and electricity.
      51377 Mitchell Road, La Pine, OR 97739
      View Details
    • $115,000

      LaPine Land on Quiet Cul-de-Sac

      1.13-acre parcel in Central Oregon, near outdoor recreation.
      15477 RAINBOW Ct, LaPine, OR 97739
      View Details
    • $349,000
      2,808 SF

      La Pine Acreage with Shop

      Fenced 1.06 acres with insulated shop near Bend.
      3-52628 Ammon Rd Ne, LaPine, OR 97739
      View Details
    • $1,700,000

      Riverfront Residential Development Land

      Recreation and build-ready land with direct river access, scenic views, and existing well and garden improvements.
      50910 Masten Road, La Pine, OR 97739
      View Details
    • $115,000

      LaPine Land Parcel For Sale

      1.21 acre land parcel in sunny LaPine, Oregon.
      15490 RAINBOW Ct, LaPine, OR 97739
      View Details
    • $144,000

      Commercial Land in Downtown La Pine

      Build-ready commercial lot with high visibility in growing community.
      51490 Morson Street, La Pine, OR 97739
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1.08 acre lot in Wagon Trail Ranch community.
    Where is this residential land & home lot located?
    The property is located at Pannier Ct lot 20 La Pine, OR.
    What is the asking price?
    The asking price for this property is $119,900.
    What are key features of this property?
    This property features: Discover this 1.08 acre property in Wagon Trail Ranch, offering access to a seasonal heated pool, sauna, owners' clubhouse, walking trails, horse corral, and the Little Deschutes River.; Enjoy hassle‑free living with included road maintenance, snow removal, and FireWise Certification.; Adjacent 1.09 acre parcel available for purchase.
    (541) 480-4208
    We can help!
    Listing Contact
    Holly Cole
    Real Estate License ID: 200903090
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Pannier Ct lot: 20, LaPine, OR 97739
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!