Listing courtesy of Varsity Real Estate, agent Sharon Nyberg
Data last updated June 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.
Stunning 56-acre property offering premier agricultural functionality with breathtaking Cascade Mountain views. Currently in high-yield hay production, this exceptional parcel includes 56 acres of COID water rights and produces approximately 350 tons of premium hay annually. Infrastructure is fully in place for efficient, modern farming: two center pivots, multiple hand lines, and a recently lined irrigation pond with newer pumps—all automated via Ag Sense for seamless operation. A Conditional Use Permit is secured, allowing you to build your dream home amidst full, unobstructed views of seven Cascade peaks. The proposed homesite is thoughtfully plumbed for irrigation from the pond. Power is available at the lot, and a third-party well provides water access. Rarely does a property combine this level of productivity, natural beauty, and readiness for your future home. Don't miss this unique opportunity to live and farm in one of Central Oregon's most picturesque settings
This home is listed at $1,250,000 · 61.3% above the Terrebonne median list. See full Terrebonne market →
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $1,000,000 · $250,000 down · 30 year term
Private Remarks2: Seller requests OREF forms. Buyer to perform due diligence with the county on current approved CUP and development possibilities and timelines. There is a recorded driveway easement with the neighboring property. There is recorded irrigation and power access easement for the property to the south of this parcel located at 8800 NW 31st Street. Seller pays a yearly allotment toward power costs to neighboring property. There is a gentleman's agreement for minimal but specified water use for irrigation purposes only for 8800 NW 31st Street. Hay pasture is currently leased through October 2025 for $200 per acre. Tenant would be interested in leasing the parcel again next year. → eased through October 2026.
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.
Get the rental projection
