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Experience luxury country living just minutes from Smith Rock State Park with breathtaking views of everything Central Oregon has to offer. This stunning 5-acre irrigated horse property is fully fenced and cross-fenced, creating the perfect setup for equestrian living, hobby farming, or simply enjoying wide open space and privacy. The beautifully maintained 3-bedroom, 3-bathroom home features tasteful updates throughout, including a stylish built-in bar area in the spacious bonus room . Fresh paint on the home, shop, and barn gives the entire property a crisp, move-in-ready feel. Outside, the grounds are beautifully landscaped, RV hookups, a spacious shop, beautiful barn, and an adorable guest/hobby Cottage. Perfectly tucked between Smith Rock Way and Wilcox, you will not want this one to slip by.
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A rough estimate, not a quote. Loan amount $795,920 · $198,980 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
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Education
| Date | Event | Price |
|---|---|---|
| Jul 7, 2026 | Price change | $995,000$130K down |
| May 29, 2026 | Listed | $1,125,000 |
$553 per sq ft
94 days on market. Terrebonne median to pending is 47 days.
Tax $2,486 per year.
The full analysis names every comparable sale and shows the adjustment we made for each one.
Listing fields from Spark. Place median from the live pulse. This is an estimate, not an appraisal. It is not a guarantee of price. See our terms.
New listings
Monthly cash flow, cap rate, and cash-on-cash return at this price. Adjust the numbers 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 $994,900 with 20% down, this property runs $3,820 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.
Listing courtesy of Windermere Realty Trust, agent Brenda Johnson, 541-923-4663
Data last updated September 2, 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.
Oct 2023 to Jul 2026 (6 months) · Market Truth leftover, Terrebonne city, monthly median close. Completed months only.
This home is listed at $995,000, 20.6% above the Terrebonne median list price. See full Terrebonne market →