358 S Cedar Street, Sisters, OR 97759 (MLS# 220216012)

358 S Cedar Street, Sisters, OR 97759

$895,000

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Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 1,285 Lot Size (sq. ft.): 4,356 Status: Active

Current Price: $895,000 List Date: 3/23/2026 Last Modified: 4/20/2026

Overview

Description

Looking for an second home you can use and makes financial sense? The last tenant in the detached ADU over the garage paid $1900 per month while the home was rented as a short term rental (grandfathered with city) for over 40k not including cleaning costs. The new owner will love being able to walk a short distance to the creek and downtown Sisters. Because of this homes location it is successfully rented out all year long. New owner will appreciate the well insulated energy friendly/green build, on a corner lot with a large 2 car garage. The backyard patio has an outdoor TV and heaters. This turnkey rental is being sold and furnished. Please due diligence and confirm with city STR permit is transferable.

Listing Details MLS# 220216012

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 5
Bathrooms Total: 3
Bathrooms Full: 3
Garage YN: Yes
Garage Spaces: 2
Total Living Area SqFt: 1805
Main House SqFt: 1285
SqFt Source: Assessor
Year Built: 2013
Accessory Dwelling Unit YN: Yes
ADU Type: Detached
ADU SqFt: 520
ADU Permitted YN: Yes
Rented YN: Yes
Current Rent: 1900
Lease End Date: 2026-02-02
Short Term Rental Permit YN: Yes
New Construction YN: No
Elementary School: Sisters Elem
Middle Or Junior School: Sisters Middle
High School: Sisters High
Zoning: R1
Tax Annual Amount: 4031.71
Tax Year: 2025
CC&R's YN: No
Association YN: No
Senior Community YN: No
FIRPTA YN: No
Sign On Property YN: Yes
Bathrooms Half: 0

Property Features

Architectural Style: Craftsman Common Walls: No Common Walls Construction Materials: Frame Cooling: None Flooring: Tile; Vinyl Foundation Details: Stemwall Heating: Ductless Levels: Two Roof: Composition Rooms: Family Room; Kitchen; Laundry Lot Features: Corner Lot; Native Plants Parking Features: Alley Access; Concrete; Garage Door Opener; Gravel; Other Patio and Porch Features: Patio Utilities: None Community Features: Park; Short Term Rentals Allowed Power Production: None Sewer: Public Sewer Water Source: Public Listing Terms: Cash; Conventional; FHA; USDA Loan; VA Loan Special Listing Conditions: Standard

Location Tax and Legal

Street Number: 358
Street Dir Prefix: S
Street Name: Cedar
Street Suffix: Street
County: Deschutes
State: OR
Postal Code: 97759
Subdivision Name: Davidson

Contract Information

Original List Price: 925000
List Price per SqFt: 495.84
Listing Contract Date: 2026-02-26

Remarks and Miscellaneous

Public Remarks: Looking for an second home you can use and makes financial sense? The last tenant in the detached ADU over the garage paid $1900 per month while the home was rented as a short term rental (grandfathered with city) for over 40k not including cleaning costs. The new owner will love being able to walk a short distance to the creek and downtown Sisters. Because of this homes location it is successfully rented out all year long. New owner will appreciate the well insulated energy friendly/green build, on a corner lot with a large 2 car garage. The backyard patio has an outdoor TV and heaters. This turnkey rental is being sold and furnished. Please due diligence and confirm with city STR permit is transferable.

Status Change Information

Back on Market Date: 2026-03-23
Status Change Timestamp: 2026-03-23

More Information

Location, Tax, and Legal

Section: Not Applicable
Parcel Number: 134700
Lot Size Acres: 0.1
Lot Size Square Feet: 4356
Additional Parcels YN: No

Architectural Style

Craftsman: Yes

Common Walls

No Common Walls: Yes

Cooling

None: Yes

Construction Materials

Frame: Yes

Flooring

Tile: Yes
Vinyl: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
USDA Loan: Yes
VA Loan: Yes

Foundation Details

Stemwall: Yes

Heating

Ductless: Yes

Levels

Two: Yes

Lot Features

Corner Lot: Yes
Native Plants: Yes

Roof

Composition: Yes

Rooms

Family Room: Yes
Kitchen: Yes
Laundry: Yes

Community Features

Park: Yes
Short Term Rentals Allowed: Yes

Parking Features

Alley Access: Yes
Concrete: Yes
Garage Door Opener: Yes
Gravel: Yes
Other: Yes

Patio and Porch Features

Patio: Yes

Power Production

None: Yes

Sewer

Public Sewer: Yes

Utilities

None: Yes

Water Source

Public: Yes

Special Listing Conditions

Standard: Yes

Documents

Financial information ›

Listing Office: Stellar Realty Northwest

Last Updated: April - 20 - 2026

Information deemed reliable but not guaranteed.