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Tucked beneath the Cascade Mountains with DIRECT access to over 29,000 acres of BLM to ride, hike and explore. This 36.16-acre Central Oregon ranch features a welcoming 4,360 sq. ft. 4 bdrm, 3.5 bath plus an office and bonus room blending recreation, versatility, and country living. Equestrian amenities includes 16 oversized stalls, indoor and outdoor arenas, tack room, wash stall, a viewing room with kitchen and studio apartment, plus 26.78 acres of water rights supporting hay production and grazing pastures. Cattle chutes and handling facilities add flexibility for livestock operations. Not into horses? The expansive indoor arena is equally suited for collector car storage, RVs, recreational equipment, workshop space, or future hobbies. Enjoy a heart-shaped pond with deck, additional outbuildings, pole barn, 2 full RV hookups plus 6 additional RV sites with power and water. Enjoy the peace and privacy of country living without sacrificing the convenience of town only 22 minutes away
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $1,519,000 · $380,000 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 $1,899,000 with 20% down, this property runs $8,982 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 RE/MAX Key Properties, agent Courtney Perkey, 541-728-0033
Data last updated August 3, 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.
Aug 2024 to Jul 2026 (24 months) · regional MLS via the market stats cache. Completed months only.
This home is listed at $1,899,000 — 151.5% above the Bend median. See full Bend market →
