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This 2-bed, 1-bath home at 4220 NE Smith Rock Way in Terrebonne is listed at $749,000. It has 964 square feet, sits on 39.09 acres, and was built in 1944. Status is Active, with 99 days on market.
Overview
Interior
Exterior & lot
Systems & utilities
Financial
Listing
From the MLS listing. Verify with the listing broker.
Situated in the heart of Central Oregon, this 39.09± acre farm property offers a blend of productive agricultural land and rural living just minutes from the iconic Smith Rock State Park. Zoned Exclusive Farm Use (EFU-TE), the property includes approximately 18 acres of Central Oregon Irrigation District (COID) water rights. Improvements include a 964± square foot, 2bd/1bth home built in 1944 and multiple outbuildings. Conveniently located between Terrebonne and Redmond, the property offers easy access to Smith Rock State Park, hunting, fishing, hiking, and countless recreational opportunities throughout Central Oregon. With productive irrigated acreage, an existing home, and a truly exceptional setting, this is a rare opportunity to create a property that reflects your vision and brings your dream of Central Oregon living to life.
A rough estimate, not a quote. Loan amount $599,200 · $149,800 down · 30 year term. The listing reports no usable tax bill, so taxes are estimated at 0.57% of price.
Insurance starts at 0.35% of price each year. Type your quote to replace it.
39.29 acres on the county assessor's map, tax lot 1413240000200 · 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 Terrebonne. 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 $613,000, the middle of 75 single family closed sales over the last 12 months. (Oregon Data Share MLS, as of Oct 29, 2026)
Terrebonne
live MLS through Oregon Data Share, active single-family houses in Terrebonne, the same count and median list the Terrebonne 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 Oct 30, 2026
| Date | Event | Price |
|---|---|---|
| Jul 23, 2026 | Listed | $749,000 |
| Year |
|---|
| 2025 |
Tax as filed on the listing. Deschutes County. Parcel 128332. County assessor
Similar homes
Terrebonne · What to do about this house
The typical cut was 7.8% off the original ask, and the typical home went under contract in 47 days.
Terrebonne single family homes · every sale that closed in the 12 months to October 28, 2026
Ryan Realty analysis · n=75 · read 2026-10-30 | Ryan Realty analysis · n=43 · read 2026-10-30 | Ryan Realty analysis · n=73 · read 2026-10-30 | public.listings, this listing · OnMarketDate 2026-07-23, calendar days to today in America/Los_Angeles · not DaysOnMarket, which is list-to-close
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Listing courtesy of Cascade Hasson SIR
Data last updated October 30, 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.