A rare opportunity to complete an extraordinary custom estate on 48 private acres with commanding panoramic views of the iconic Smith Rock. Currently at the insulation stage, this remarkable residence offers the ideal opportunity for a new owner to personalize the finishes and create a truly one-of-a-kind legacy property in one of Central Oregon's most breathtaking settings. Designed to maximize the spectacular landscape, the thoughtfully crafted floor plan features expansive living spaces, soaring ceilings, and walls of windows positioned to capture the stunning view. Located just minutes from world-class hiking, climbing, golfing, and all that Central Oregon has to offer, this is an unparalleled opportunity to finish a custom luxury estate without starting from the ground up. Bring your vision and complete a home that is destined to become an exceptional retreat for generations to come.
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Listing courtesy of Sunriver Realty, agent Michele Sciaraffo, 541-593-7000
Data last updated July 29, 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 $796,000 · $199,000 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 $2,799 ($2,525–$3,225) · HUD Fair Market Rent (FY2025), Deschutes County, 4BR. Edit to your own number.
At $995,000 with 20% down, this property runs $3,808 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.
Jul 2024 to Jun 2026 (24 months) · regional MLS via the market stats cache. Completed months only.
This home is listed at $995,000 — 45.3% above the Terrebonne median. See full Terrebonne market →
