Listed by: Sam Harry Terrell · Cascade Hasson SIR

$1,469,000
  • 3 beds
  • 2 baths
  • 1,796 sqft

8450 NE 1st Street, Terrebonne, OR 97760

Est. $8,108/moPayment calculator
  • Farm / ranchHome type
  • Built in 1999Year built
  • 38.62 acresLot
  • $818/sqftPrice per sqft
  • NoneHOA
  • 2-car garageParking

About this home

  • Listed Aug 15, 2026
  • 49 days on market
  • 37 photos

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.

Facts & features

Interior

Bedrooms
3
Bathrooms
2
Full bathrooms
2
Living area
1,796 sqft
Levels
One

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • Double Vanity
  • Linen Closet
  • Pantry
  • Primary Downstairs
  • Solid Surface Counters
  • Walk-In Closet(s)

Appliances

  • Dishwasher
  • Disposal
  • Microwave
  • Oven
  • Range
  • Refrigerator
  • Water Heater

Heating & cooling

  • Electric
  • Forced Air
  • Wood
  • None

Flooring

  • Carpet
  • Vinyl

Property

Lot size
38.62 acres
Garage spaces
2
Subdivision
N/A

View

  • Mountain(s)
  • Territorial

Parking

  • Attached
  • Driveway
  • Workshop in Garage

Construction

Home type
Farm / ranch
Property type
Farm
Year built
1999

Materials

  • Frame
  • Composition roof

Utilities

Sewer & water

  • Septic Tank
  • Standard Leach Field
  • Well water

Community & HOA

Subdivision
N/A
HOA dues
None
County
Deschutes

Financial & listing details

List price
$1,469,000
Price per sqft
$818
Annual property tax
$4,489
Date on market
Aug 15, 2026
Days on market
49
MLS#
220227100

Price & status history

DateEventPrice
Aug 15, 2026Listed for sale$1,469,000

Neighborhood

  • SubdivisionN/A
  • CityTerrebonne, OR 97760
  • CountyDeschutes

Payment calculator

Estimated monthly payment

$8,108/mo

  • Principal & interest$7,428
  • Property taxes$374
  • Homeowners insurance$306
  • HOA dues$0

Loan amount $1,175,200 · 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 Cascade Hasson SIR · Listing agent: Sam Harry Terrell

Source
MLS of Central Oregon
MLS#
220227100
Last updated
Sep 17, 2026 at 10:58 AM

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.