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Tucked away on a quiet dead end road in one of Central Oregon's most desirable locations, this exceptional 39 acre estate offers a rare combination of privacy, beauty and possibility. Capturing iconic views of Smith Rock, the property offers an exceptional setting for refined rural living. The thoughtfully designed custom residence, picturesque barn and extensive oil pipe fencing create a turnkey foundation, while the acreage offers ample opportunity to further develop the property into a premier equestrian estate or multi-generational legacy. Nearby access to river recreation and thousands of acres of BLM land offers endless riding, hiking, and recreation. Raised garden beds, a welcoming fire pit and expansive outdoor living spaces invite a slower pace of life, while remaining centrally located between Redmond, Sisters and Tumalo. Rarely does a property combine this level of privacy, scenery, usability and future potential. This is an opportunity to create something truly exceptional.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $1,116,000 · $279,000 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 $1,318 ($1,175–$1,525) · HUD Fair Market Rent (FY2025), Deschutes County, 1BR. Edit to your own number.
At $1,395,000 with 20% down, this property runs $7,155 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 Ninebark Real Estate, agent Megan Omlid, 541-728-3009
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 $1,395,000 — 158.3% above the Redmond median. See full Redmond market →
