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Discover the potential of this beautiful 53.95-acre property zoned FR, offering a rare combination of natural beauty, water resources, and agricultural opportunity. The property features 45 acres of valuable water rights, two ponds, and Eight Dollar Creek flowing through the land, creating a truly picturesque setting. Enjoy amazing mountain views that provide a breathtaking backdrop to this peaceful rural property. The property features a 4-bedroom, 1-bath 1946 farmhouse full of charm and character, offering a wonderful opportunity to update and make it your own while preserving its classic farmhouse appeal. Additional features include 3-phase power, a unique 40 kW water wheel, and a barn perfect for livestock, hay, or equipment storage. The expansive acreage offers excellent pasture and is ideal for horses, farming, or creating your dream country estate. With abundant water, beautiful views, and versatile land, this special property offers incredible potential for rural living.
Listing courtesy of Illinois Valley Real Estate, agent Tonya Box
Data last updated July 12, 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.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $500,000 · $125,000 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 $3,125 ($2,650–$3,600) · starting estimate. Edit to your own number.
At $625,000 with 20% down, this property runs $1,139 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.
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