Listed by: Dixie Hackstedde · John L. Scott Medford

$1,975,000Price cut $525,000
  • 7 beds
  • 5.5 baths
  • 6,800 sqft

44335 Crater Lake Highway, Prospect, OR 97536

Est. $10,801/moPayment calculator
  • Single Family ResidenceHome type
  • Built in 1933Year built
  • 95.46 acresLot
  • $290/sqftPrice per sqft
  • NoneHOA
  • 2-car garageParking

About this home

  • Listed Apr 1, 2026
  • 185 days on market
  • 61 photos

Exceptional estate on 95 acres with 2 homes, bunkhouse, office/shop/covered storage, barn/paddock, A-frame cabin, numerous camping locations & a spring-fed lake & pond that provide a natural irrigation source. A unique property perfect for multi-family or multigenerational living w/unlimited income producing potential. The Craftsman-style main residence features 3 beds, 2.5 baths w/a wood burning fireplace & custom finishes throughout. The 2nd residence includes 3 beds, 2 baths plus a wraparound deck. Both overlooking the south facing meadows & surrounding mountains. Bunkhouse w/a game/activity room & self-contained studio unit. A magical setting w/abundant natural resources including fertile soil & timber provide the opportunity for gardening, livestock, farming & sustainable living. Enjoy numerous walking & horseback trails in addition to the high producing well & generator for peace of mind & greater self-sufficiency. The Katydid ranch offers a rare chance to own a piece of history!

Facts & features

Interior

Bedrooms
7
Bathrooms
5.5
Full bathrooms
5
Half bathrooms
1
Living area
6,800 sqft
Levels
Two

Features

  • Breakfast Bar
  • Built-in Features
  • Ceiling Fan(s)
  • Double Vanity
  • Enclosed Toilet(s)
  • Granite Counters
  • Kitchen Island
  • Linen Closet
  • Open Floorplan
  • Pantry
  • Primary Downstairs
  • Soaking Tub
  • Spa/Hot Tub
  • Tile Shower
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)
  • Wired for Sound

Appliances

  • Instant Hot Water
  • Cooktop
  • Dishwasher
  • Disposal
  • Double Oven
  • Dryer
  • Microwave
  • Oven
  • Range
  • Range Hood
  • Refrigerator
  • Tankless Water Heater
  • Trash Compactor
  • Washer
  • Water Heater
  • Water Purifier

Heating & cooling

  • Fireplace(s)
  • Ductless
  • Electric
  • Geothermal
  • Heat Pump
  • Radiant
  • Wood
  • Ductless
  • Central Air
  • Other

Flooring

  • Bamboo
  • Hardwood
  • Tile
  • Vinyl

Property

Lot size
95.46 acres
Garage spaces
2
Subdivision
N/A

View

  • Cascade Mountains
  • Creek/Stream
  • Forest
  • Mountain(s)
  • Pond
  • Ridge
  • Territorial
  • Valley

Parking

  • Attached
  • Detached Carport
  • Driveway
  • Garage Door Opener
  • Gated
  • RV Access/Parking
  • Shared Driveway
  • Storage
  • Workshop in Garage

Construction

Home type
Single Family Residence
Property type
Residential
Year built
1933

Materials

  • Frame
  • Composition roof
  • Metal roof
  • Shake roof

Utilities

Sewer & water

  • Septic Tank
  • Private water
  • Spring water
  • Well water

Community & HOA

Subdivision
N/A
HOA dues
None
County
Jackson

Financial & listing details

List price
$1,975,000
Original list price
$2,500,000
Price per sqft
$290
Annual property tax
$4,832
Date on market
Apr 1, 2026
Days on market
185
MLS#
220209095

Price & status history

DateEventPrice
Apr 1, 2026Listed for sale$2,500,000

Neighborhood

  • SubdivisionN/A
  • CityProspect, OR 97536
  • CountyJackson

Payment calculator

Estimated monthly payment

$10,801/mo

  • Principal & interest$9,987
  • Property taxes$403
  • Homeowners insurance$411
  • HOA dues$0

Loan amount $1,580,000 · 30-year fixed at 6.5%

Down payment
Loan term

An estimate for planning, not a loan offer. The 6.5% rate is an example; ask a lender for today’s rate. Taxes use the listing’s annual tax amount. Insurance is estimated; mortgage insurance is not included.

Similar homes

MLSCO

Listing provided by John L. Scott Medford · Listing agent: Dixie Hackstedde

Source
MLS of Central Oregon
MLS#
220209095
Last updated
Sep 17, 2026 at 2:56 PM

Listing information is deemed reliable but not guaranteed and should be independently verified. Listings shown are for demonstration while our MLS of Central Oregon IDX feed is being set up.