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This 5-bed, 5-bath home at 66505 Gerking Market Road in Bend is listed at $4,995,000. It has 3,034 square feet, sits on 35.21 acres, and was built in 1973. Status is Active, with 290 days on market.
Overview
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Listing
From the MLS listing. Verify with the listing broker.
Horseman's Dream of Central Oregon is a 35.21± acre estate w/ 18.6± acres of water rights that backs up to Bureau of Land Management(BLM) land in one of Oregon's most desirable rural areas, Tumalo. Boasting a 3,000± square foot, 5-bedroom, 5-bathroom (3 are suites) home with luxury finishes, a covered outdoor patio, & a 4-car garage. Additionally, it has a recently built (2021) 1,862± square foot hobby building w/ multiple rooms that could serve offices, two bathrooms, and a fully covered and screened outdoor kitchen. Both structures have been recently built or remodeled with impeccable care. This is the horseman's dream. The recently built (2021) indoor arena w/ 8 stalls w/runs, wash stall, tack room, a feed room, multiple hay storage areas, automatic watering system for the arena, and heated/automatic waterers. Add a trail course, Priefert hot walker, outdoor roping arena, custom pipe fencing, automatic waterers, round pen, & even a small feedlot for cattle. Come and see the dream.
A rough estimate, not a quote. Loan amount $3,996,000 · $999,000 down · 30 year term.
Insurance starts at 0.35% of price each year. Type your quote to replace it.
34.86 acres on the county assessor's map, tax lot 1611010000800 · County record. Deschutes County Assessor's Office.
Lot lines come from the county assessor’s tax maps. They show the recorded shape of a parcel, not a survey, and they are not a legal boundary. Order a survey before you rely on a line.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share inside the recorded boundary of Bend. The wash is sales density of closes in the last 90 days; homes for sale and pending stay as marks. Pulses and the sold count are the closes of the last 30 days. Counts and medians cover every listing read for this map.
The median sale price is $765,000, the middle of 2,196 single family closed sales over the last 12 months. (Oregon Data Share MLS, as of Oct 31, 2026)
Bend
live MLS through Oregon Data Share, active single-family houses in Bend, the same count and median list the Bend market figures on this site publish. This price is the published list price. Months of supply = active listings divided by average monthly closings over the last 6 months (homes closed in the last 6 months divided by 6). A lower months-of-supply figure means fewer homes for sale relative to the recent sales pace. · updated Nov 1, 2026
| Date | Event | Price |
|---|---|---|
| May 27, 2026 | Price drop | $4,995,000$205K down |
| Apr 22, 2026 | Price drop | $5,200,000$345K down |
| Jan 15, 2026 | Listed | $5,545,000 |
| Year | Tax |
|---|---|
| 2025 | $12,728 |
Tax as filed on the listing. Deschutes County. Parcel 131383. County assessor
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Bend · What to do about this house
The typical cut was 5.6% off the original ask, and the typical home went under contract in 28 days.
Bend single family homes · every sale that closed in the 12 months to October 31, 2026
Ryan Realty analysis · n=2196 · read 2026-11-01 | Ryan Realty analysis · n=990 · read 2026-11-01 | Ryan Realty analysis · n=2105 · read 2026-11-01 | public.listings, this listing · OriginalListPrice 5545000 to ListPrice 4995000 · OnMarketDate 2026-01-15, calendar days to today in America/Los_Angeles · not DaysOnMarket, which is list-to-close
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Listing courtesy of Fay Ranches, Inc.
Data last updated November 1, 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.