8450 NE 1st Street, Terrebonne, OR 97760

  • Active

 $1,469,000

  • 3 BedroomBedrooms
  • 2 BathroomBathrooms
  • 1,480 Sq.Ft.
  • Single Family
  • Active
  • MLS# 220227265
  • Sold On
  • Rental
0 More Schedule
Source MLS Verified

PROPERTY DESCRIPTION

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.

Property Details

General

  • Subdivision: N/A
  • County: Deschutes
  • Style: Ranch
  • Acreage: 38.62
  • Beds: 3
  • Full Bathrooms: 2
  • Year Built: 1999
  • Sq. Ft.: 1,480
  • Lot Size: 38.6200
  • Lot Description: Fenced, Landscaped, Level, Native Plants, Pasture
  • Garage/Parking Spaces: 2.00

Interior Features

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

Schools

  • Elementary: Terrebonne Community School
  • Middle: Elton Gregory Middle
  • High: Redmond High

Financial Considerations

  • Tax Amount: $4,489
  • Tax Year: 2025

Activity

  • Days On Market: 72
  • List Date: 08/14/2026
 

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