$1,025,000
25271 Alfalfa Market
Bend, OR 97701 · N/A
Down $25,000 from original list price $1,050,000.
Active89 days on market$425/sqft
Facts
Listing courtesy of LivOregon Real Estate LLC, agent Tiffany Paulin
Data last updated June 22, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
Welcome to this turnkey horse property nestled on 20 acres in the heart of Central Oregon. Designed with the equestrian in mind, this property features 13 acres of COI irrigation, an outdoor arena, round pen, steel pipe fencing, and a great barn with a beautifully finished tack room. The 2,400 sq ft home blends rustic charm with modern comfort, offering wood and slate flooring, warm wood accents throughout, vaulted ceilings and a flexible floor plan. Large windows flood the home with natural light and offer stunning views of the surrounding pastures. A standout feature is the expansive artist's studio--perfect for creatives, remote work, or additional living space. Take in the beauty of wide-open skies, lush irrigated fields, and beautiful views. Ride or hike off the property directly onto miles of BLM. This is a rare opportunity to own a true horse property just minutes from Bend's amenities--combining functionality, character, and Central Oregon's signature rural charm.
This home is listed at $1,025,000 — 32.3% above the Bend median. See full Bend market →
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $820,000 · $205,000 down · 30 year term
Monthly cash flow, cap rate, and cash-on-cash return at this price. Every number is an estimate you can adjust to your own financing and rent.
Estimate $2,336 ($2,100–$2,675) · HUD Fair Market Rent (FY2025), Deschutes County, 3BR. Edit to your own number.
At $1,025,000 with 25% down, this property runs $4,164 per month negative. Adjust the price, down payment, or rent to find what works.
Estimates only, not investment advice or a guarantee of rent, value, or return. Figures depend on the numbers you enter and current market conditions. Verify with your lender, tax advisor, and a Ryan Realty broker before you rely on them.
We pull climate risk data from FEMA flood maps, the Deschutes County wildland-urban interface map, and NOAA heat trends. Detailed scoring for this property is on request.
Get the climate reportWe compute vacation rental projections from comparable short-term rentals in the same community, weighted by bed count, view, and amenities. A custom projection for this property is on request.
Get the rental projectionBrowse current listings with a full video tour. See the flow, the light, and the lot before you book a showing.
