Listed by: Marta Cecilia Mendoza Herrera · Mariposa Real Estate Corp.
- 12.52 acres
5010 N Highway 97, Terrebonne, OR 97760
- AgricultureHome type
- 12.52 acresLot
- NoneHOA
About this home
Your Central Oregon Opportunity Awaits! Two contiguous tax lots totaling 12.52 acres are being sold together, offering endless potential in the heart of Central Oregon. Currently used as pastureland, the property is ideally situated along Highway 97 in Terrebonne, just north of Redmond, one of the region's fastest-growing communities, with convenient highway access for commuting. The property includes 11.90 acres of irrigation water rights, adding valuable agricultural potential and flexibility for future use. The land features sweeping Cascade Mountain views along with stunning vistas of Smith Rock State Park, creating an exceptional setting for a future homesite or agricultural use. Whether you're looking for a farmer's dream property, grazing land, or a potential build site for your custom home, this acreage offers both beauty and flexibility. Bring your vision and explore the possibilities this unique property has to offer.
Facts & features
Property
- Lot size
- 12.52 acres
- Subdivision
- N/A
View
- Canyon
- Cascade Mountains
- Mountain(s)
Construction
- Home type
- Agriculture
- Property type
- Land
Utilities
Sewer & water
- Septic Needed
- None
- None water
- Other water
Community & HOA
- Subdivision
- N/A
- HOA dues
- None
- County
- Deschutes
Financial & listing details
- List price
- $550,000
- Original list price
- $650,000
- Annual property tax
- $72
- Date on market
- May 23, 2026
- Days on market
- 132
- MLS#
- 220222035
Price & status history
| Date | Event | Price |
|---|---|---|
| May 23, 2026 | Listed for sale | $650,000 |
Neighborhood
- SubdivisionN/A
- CityTerrebonne, OR 97760
- CountyDeschutes
Payment calculator
Estimated monthly payment
$2,787/mo
- Principal & interest$2,781
- Property taxes$6
- Homeowners insurance$0
- HOA dues$0
Loan amount $440,000 · 30-year fixed at 6.5%
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.
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Listing provided by Mariposa Real Estate Corp. · Listing agent: Marta Cecilia Mendoza Herrera
- Source
- MLS of Central Oregon
- MLS#
- 220222035
- Last updated
- Aug 19, 2026 at 8:30 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.