Real Estate Investment Properties for Sale in Crescent Lake, OR

Looking for investment property in Crescent Lake, OR with high ROI ?

Explore a variety of short-term homes & houses in Crescent Lake, OR. Invest wisely with VRBO & Crescent Lake, OR Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Crescent Lake, OR

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
123631 Surveyor Road Crescent Lake, OR Beautiful home in Two Rivers North! This 2,624 sq. ft. residence features 4 bedrooms and 3...	4 beds \| 3 baths \| 2,624 sq.ft.	$636,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 5.18% Airbnb Rental Income: $2604 Traditional Rental Income: $4051 Airbnb ROI: 1.7% Traditional ROI: 5.18%
140908 Elk Haven Way Crescent Lake, OR Nestled among the whispering pines at a breathtaking 5,000 feet in the Central Oregon Casc...	4 beds \| 4 baths \| 3,828 sq.ft.	$1,119,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 3.47% Airbnb Rental Income: $2604 Traditional Rental Income: $5481 Airbnb ROI: 0.1% Traditional ROI: 3.47%
11414 ZEB Court Crescent Lake, OR Own a piece of the River This lovely 3 bedroom 2 Bath home with new siding and sits on a ...	3 beds \| 2 baths \| 1,080 sq.ft.	$460,000	Airbnb cash on cash: 2.17% Traditional cash on cash: 2.96% Airbnb Rental Income: $2124 Traditional Rental Income: $1922 Airbnb ROI: 2.17% Traditional ROI: 2.96%
124741 Mowich Street Crescent Lake, OR Come check out this great property located in the desirable Two Rivers North. This home co...	2 beds \| 1 baths \| 924 sq.ft.	$217,500	Airbnb cash on cash: 2.28% Traditional cash on cash: 7.41% Airbnb Rental Income: $1209 Traditional Rental Income: $1875 Airbnb ROI: 2.28% Traditional ROI: 7.41%
22633 HIGHWAY 58 #G18 Crescent Lake, OR Great opportunity to own a cabin with lake views and access to Odell Lake. Due to hwy 58 t...	4 beds \| 1 baths \| 1,093 sq.ft.	$449,900	Airbnb cash on cash: 3.32% Traditional cash on cash: 4.85% Airbnb Rental Income: $2604 Traditional Rental Income: $2626 Airbnb ROI: 3.32% Traditional ROI: 4.85%
124625 BUNNY BUTTE RD Crescent Lake, OR OWNER TERMS!! Located in Two Rivers North. This manufactured home has 2 bdrm. on both end...	2 beds \| 2 baths \| 1,092 sq.ft.	$349,000	Airbnb cash on cash: 0.91% Traditional cash on cash: 5.62% Airbnb Rental Income: $1209 Traditional Rental Income: $2363 Airbnb ROI: 0.91% Traditional ROI: 5.62%
139957 PINE CREEK LOOP Crescent Lake, OR Located in the highly desired Pine Creek Loop area. Just steps from Crescent Creek and min...	3 beds \| 2 baths \| 1,702 sq.ft.	$599,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 3.63% Airbnb Rental Income: $2124 Traditional Rental Income: $2940 Airbnb ROI: 1.2% Traditional ROI: 3.63%
0 TBD McNeale Crescent Lake, OR Experience nearly 12 acres of beautiful outdoor space in Crescent Lake! This property feat...	1 beds \| 1 baths \| 640 sq.ft.	$345,000	Airbnb cash on cash: -0.48% Traditional cash on cash: 5.18% Airbnb Rental Income: $613 Traditional Rental Income: $2156 Airbnb ROI: -0.48% Traditional ROI: 5.18%
130763 Wild River Drive Crescent Lake, OR Are you looking for a secluded and private retreat? Look no further than this 2-bedroom, 2...	2 beds \| 2 baths \| 1,491 sq.ft.	$849,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 2.14% Airbnb Rental Income: $1209 Traditional Rental Income: $2748 Airbnb ROI: -0.3% Traditional ROI: 2.14%
11762 Hemlock Creek Road Crescent Lake, OR Discover the perfect getaway in this stunning one-bedroom, one-bathroom cabin with a roomy...	1 beds \| 1 baths \| 560 sq.ft.	$495,000	Airbnb cash on cash: -0.69% Traditional cash on cash: 2.99% Airbnb Rental Income: $613 Traditional Rental Income: $2023 Airbnb ROI: -0.69% Traditional ROI: 2.99%
141469 Red Cone Drive Crescent Lake, OR Seller is offering up to $10,000 in buyers' closing costs! Welcome to your new home in be...	2 beds \| 2 baths \| 1,144 sq.ft.	$399,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 4.4% Airbnb Rental Income: $1209 Traditional Rental Income: $2387 Airbnb ROI: 0.21% Traditional ROI: 4.4%
141018 Emerald Meadows Way Crescent Lake, OR MOTIVATED SELLER: OWNER TERMS with low interest rate and easy terms!! This NEW Custom cab...	3 beds \| 2 baths \| 1,500 sq.ft.	$399,000	Airbnb cash on cash: 2.73% Traditional cash on cash: 6.55% Airbnb Rental Income: $2124 Traditional Rental Income: $3010 Airbnb ROI: 2.73% Traditional ROI: 6.55%
128614 128614 Monk Lane Crescent Lake, OR Here is your chance to own a custom-built home in one of Crescent Lake's premier areas. Th...	3 beds \| 1 baths \| 1,354 sq.ft.	$489,000	Airbnb cash on cash: 1.91% Traditional cash on cash: 3.77% Airbnb Rental Income: $2124 Traditional Rental Income: $2433 Airbnb ROI: 1.91% Traditional ROI: 3.77%
124868 Mowich Street Crescent Lake, OR Just a few steps away from the Little Deschutes River. This well cared for 3 bedroom 2 bat...	3 beds \| 2 baths \| 1,144 sq.ft.	$419,000	Airbnb cash on cash: 2.39% Traditional cash on cash: 5.19% Airbnb Rental Income: $2124 Traditional Rental Income: $2683 Airbnb ROI: 2.39% Traditional ROI: 5.19%
123551 SURVEYOR RD Crescent Lake, OR Nestled in the outdoor paradise of the Crescent Lake area is the community of Two Rivers N...	3 beds \| 2 baths \| 1,188 sq.ft.	$449,500	Airbnb cash on cash: 2.17% Traditional cash on cash: 4.61% Airbnb Rental Income: $2124 Traditional Rental Income: $2607 Airbnb ROI: 2.17% Traditional ROI: 4.61%
124249 LITTLE DESCHUTES DR Crescent Lake, OR Pried to sell!! This 3 bedroom 2 bath manufactured home sits on 1 acre in Two Rivers Nort...	3 beds \| 2 baths \| 1,232 sq.ft.	$319,000	Airbnb cash on cash: 3.81% Traditional cash on cash: 7.17% Airbnb Rental Income: $2124 Traditional Rental Income: $2589 Airbnb ROI: 3.81% Traditional ROI: 7.17%
11617 Chinquapin Drive Crescent Lake, OR Here is your chance to own a well maintained home in the highly desirable Two Rivers North...	2 beds \| 1 baths \| 784 sq.ft.	$329,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 5.55% Airbnb Rental Income: $1209 Traditional Rental Income: $2165 Airbnb ROI: 1.2% Traditional ROI: 5.55%
11736 CHINQUAPIN DR Crescent Lake, OR This immaculate 3 bedroom, 2 bath manufactured home sits on a private 1-acre lot in the de...	3 beds \| 2 baths \| 1,296 sq.ft.	$314,000	Airbnb cash on cash: 3.96% Traditional cash on cash: 7.24% Airbnb Rental Income: $2124 Traditional Rental Income: $2550 Airbnb ROI: 3.96% Traditional ROI: 7.24%
141911 Blue Sky Way Crescent Lake, OR Unfinished Custom built cabin, located in Diamond Peaks. Main floor, features open floor p...	4 beds \| 2 baths \| 1,550 sq.ft.	$350,000	Airbnb cash on cash: 4.38% Traditional cash on cash: 9.2% Airbnb Rental Income: $2604 Traditional Rental Income: $3567 Airbnb ROI: 4.38% Traditional ROI: 9.2%
123303 HOLCOMB DR Crescent Lake, OR Best of both world's. Borders forestland and Little Deschutes River! This home is located ...	3 beds \| 1 baths \| 1,782 sq.ft.	$600,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 3.26% Airbnb Rental Income: $2124 Traditional Rental Income: $2689 Airbnb ROI: 1.29% Traditional ROI: 3.26%
19128 Fred Ln Crescent Lake, OR Check out this unique two-story retreat with Creekside views and access to endless trails....	2 beds \| 2 baths \| 882 sq.ft.	$420,000	Airbnb cash on cash: 0.61% Traditional cash on cash: 4.64% Airbnb Rental Income: $1209 Traditional Rental Income: $2407 Airbnb ROI: 0.61% Traditional ROI: 4.64%

Real Estate investment in Crescent-lake, OR

There are 21 properties for sale in the city of Crescent Lake . The median list price in Crescent Lake is $422,500 and the average price per square foot is $310. In September 2025, the average monthly cash on cash return in Crescent Lake is 5.00%. The average monthly rental income in Crescent Lake is $2,575.

Crescent-lake, OR Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 21 investment properties available for sale in Crescent-lake.

In 2025, the best neighborhood to buy investment property is Crescent Lake.

The ROI for Long-Term is higher than the Short-Term in Crescent-lake with average rental income of $2,575.

Your search for investment property begins and ends here

Investment Property for Sale in Crescent Lake, OR

123631 Surveyor Road

Crescent Lake, OR

4 beds | 3 baths | 2,624 sq.ft.

$636,000

Airbnb cash on cash: 1.7%

Traditional cash on cash: 5.18%

Airbnb Rental Income: $2604

Traditional Rental Income: $4051

Airbnb ROI: 1.7%

Traditional ROI: 5.18%

140908 Elk Haven Way

Crescent Lake, OR

4 beds | 4 baths | 3,828 sq.ft.

$1,119,000

Airbnb cash on cash: 0.1%

Traditional cash on cash: 3.47%

Airbnb Rental Income: $2604

Traditional Rental Income: $5481

Airbnb ROI: 0.1%

Traditional ROI: 3.47%

11414 ZEB Court

Crescent Lake, OR

3 beds | 2 baths | 1,080 sq.ft.

$460,000

Airbnb cash on cash: 2.17%

Traditional cash on cash: 2.96%

Airbnb Rental Income: $2124

Traditional Rental Income: $1922

Airbnb ROI: 2.17%

Traditional ROI: 2.96%

124741 Mowich Street

Crescent Lake, OR

2 beds | 1 baths | 924 sq.ft.

$217,500

Airbnb cash on cash: 2.28%

Traditional cash on cash: 7.41%

Airbnb Rental Income: $1209

Traditional Rental Income: $1875

Airbnb ROI: 2.28%

Traditional ROI: 7.41%

22633 HIGHWAY 58 #G18

Crescent Lake, OR

4 beds | 1 baths | 1,093 sq.ft.

$449,900

Airbnb cash on cash: 3.32%

Traditional cash on cash: 4.85%

Airbnb Rental Income: $2604

Traditional Rental Income: $2626

Airbnb ROI: 3.32%

Traditional ROI: 4.85%

124625 BUNNY BUTTE RD

Crescent Lake, OR

2 beds | 2 baths | 1,092 sq.ft.

$349,000

Airbnb cash on cash: 0.91%

Traditional cash on cash: 5.62%

Airbnb Rental Income: $1209

Traditional Rental Income: $2363

Airbnb ROI: 0.91%

Traditional ROI: 5.62%

139957 PINE CREEK LOOP

Crescent Lake, OR

3 beds | 2 baths | 1,702 sq.ft.

$599,000

Airbnb cash on cash: 1.2%

Traditional cash on cash: 3.63%

Airbnb Rental Income: $2124

Traditional Rental Income: $2940

Airbnb ROI: 1.2%

Traditional ROI: 3.63%

0 TBD McNeale

Crescent Lake, OR

1 beds | 1 baths | 640 sq.ft.

$345,000

Airbnb cash on cash: -0.48%

Traditional cash on cash: 5.18%

Airbnb Rental Income: $613

Traditional Rental Income: $2156

Airbnb ROI: -0.48%