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This 3-bed, 2-bath home at 8450 NE 1st Street in Terrebonne is listed at $1,469,000. It has 1,796 square feet, sits on 38.62 acres, and was built in 1999. Status is Active, with 74 days on market.
Overview
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Exterior & lot
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Listing
From the MLS listing. Verify with the listing broker.
Rare opportunity to own 38.62± acres of productive irrigated ground just east of downtown Terrebonne. The property features 31± acres of COID irrigation water rights and is currently planted in orchard grass with seasonal grazing use. Improvements include a 1,796± SF single-level home built in 1999 with 3 bedrooms, 2 bathrooms, and attached garage, plus a 2,112± SF barn/farm building, additional 1,632± SF building, pump house, domestic well, septic, fencing, pond, irrigation infrastructure, and outdoor arena. Zoned EFUTE with convenient access to Hwy 97, Redmond, Smith Rock State Park, and Central Oregon recreation. A unique opportunity combining productive agricultural ground, water rights, existing improvements, and an excellent Terrebonne location. Buyer to perform due diligence regarding permitted uses, improvements, water rights, and property systems.
A rough estimate, not a quote. Loan amount $1,175,200 · $293,800 down · 30 year term.
Insurance starts at 0.35% of price each year. Type your quote to replace it.
37.58 acres on the county assessor's map, tax lot 1413150000700 · County record. Deschutes County Assessor's Office.
Lot lines come from the county assessor’s tax maps. They show the recorded shape of a parcel, not a survey, and they are not a legal boundary. Order a survey before you rely on a line.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share inside the recorded boundary of Terrebonne. The wash is sales density of closes in the last 90 days; homes for sale and pending stay as marks. Pulses and the sold count are the closes of the last 30 days. Counts and medians cover every listing read for this map.
The median sale price is $613,000, the middle of 75 single family closed sales over the last 12 months. (Oregon Data Share MLS, as of Oct 30, 2026)
Terrebonne
live MLS through Oregon Data Share, active single-family houses in Terrebonne, the same count and median list the Terrebonne market figures on this site publish. This price is the published list price. Months of supply = active listings divided by average monthly closings over the last 6 months (homes closed in the last 6 months divided by 6). A lower months-of-supply figure means fewer homes for sale relative to the recent sales pace. · updated Oct 31, 2026
| Date | Event | Price |
|---|---|---|
| Aug 19, 2026 | Listed | $1,469,000 |
| Year | Tax |
|---|---|
| 2025 | $4,489 |
Tax as filed on the listing. Deschutes County. Parcel 128048. County assessor
Similar homes
Terrebonne · What to do about this house
The typical cut was 7.8% off the original ask, and the typical home went under contract in 47 days.
Terrebonne single family homes · every sale that closed in the 12 months to October 30, 2026
Ryan Realty analysis · n=75 · read 2026-11-01 | Ryan Realty analysis · n=43 · read 2026-11-01 | Ryan Realty analysis · n=73 · read 2026-11-01 | public.listings, this listing · OnMarketDate 2026-08-19, calendar days to today in America/Los_Angeles · not DaysOnMarket, which is list-to-close
Tour requests usually get a same-day reply.
Listing courtesy of Cascade Hasson SIR
Data last updated November 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.
