Terrebonne
Welcome to your ultimate Central Oregon high-desert sanctuary! Tucked away on 9.5+ usable acres of panoramic Terrebonne property, this home offers a rare blend of timeless heritage, sweeping mountain views, and functional ranch living. Combining a rare historic structure with an expansive acreage layout, this updated estate provides unparalleled space to cultivate your rural lifestyle dreams. Ideal for livestock, equestrian activities, or a private hobby farm + vital irrigation water rights to keep your pastures productive. Solid set k-line and handline. 10HP pump new 2019. Gaze out at stunning, unobstructed mountain views framing the horizon. Peaceful country living located just a short distance from the Deschutes River & the soaring peaks of Smith Rock State Park. Whether you want to ride horses, run a homestead, or simply enjoy spectacular sunsets over the Cascade Range, this property is ready for its next chapter!
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A rough estimate, not a quote. Your lender gives you the real number.
Loan amount $656,000 · $164,000 down · 30 year term
Monthly cash flow, cap rate, and cash-on-cash return at this price. Adjust the numbers 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 $820,000 with 20% down, this property runs $2,649 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 Jeff Larkin Realty, agent Jeffrey Larkin, 541-480-5606
Data last updated August 14, 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.
Source: Spark MLS. Active inventory.
Aug 2024 to Jul 2026 (24 months) · regional MLS via the market stats cache. Completed months only.
This home is listed at $820,000, 19.7% above the Terrebonne median. See full Terrebonne market →