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Discover the space and freedom that's hard to find in Central Oregon. This fully fenced and gated Terrebonne property offers over 2,500 sq ft with 4 bedrooms, multiple living areas, updated bathrooms, abundant natural light, a wood-burning fireplace, and propane fireplace. Designed for entertaining and outdoor living, enjoy a sport court for pickleball and basketball, RV hookups, detached shop/garage, separate gym or flex outbuilding, horseshoe pit, and multiple fenced areas perfect for pets, hobbies, equipment, or recreational toys. Ideally located minutes from Smith Rock State Park, Crooked River Ranch golf, hiking, fishing, and Redmond amenities, this property delivers the privacy, versatility, and Central Oregon lifestyle buyers have been waiting for.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $540,000 · $135,000 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 $675,000 with 20% down, this property runs $1,848 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 Knipe Realty ERA Powered, agent Mary Bartholomew, 541-797-0701
Data last updated August 1, 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.
