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8450 NE 1st Street, Terrebonne, OR 97760 (MLS # 220227100)

Price $1,469,000
Status Active
Beds 3
Baths 2 Baths
Home size 1,796 sqft
Lot Size 38.62 ac
Days on Market 6
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 Type(s): Farms/Ranch
Last Updated 8/14/2026 Tract N/A
Year Built 1999 Garage Spaces 2.0
County Deschutes

SCHOOLS

Elementary School Terrebonne Community School
Jr. High School Elton Gregory Middle
High School Redmond High

Additional Details

AIR Ceiling Fan(s), None
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Water Heater
CONSTRUCTION Frame
FIREPLACE Yes
GARAGE Yes
HEAT Electric, Forced Air, Wood
INTERIOR Breakfast Bar, Ceiling Fan(s), Double Vanity, Pantry, Walk-In Closet(s)
LOT 38.62 acre(s)
LOT DESCRIPTION Landscaped, Level, Native Plants, Pasture, Waterfront
PARKING Attached, Driveway, Workshop in Garage, Garage
SEWER Septic Tank
STORIES 1
STYLE Ranch
SUBDIVISION N/A
TAXES 4488.78
VIEW Yes
VIEW DESCRIPTION Mountain(s), Territorial
WATER Private, Well
WATERFRONT Yes
WATERFRONT DESCRIPTION Pond
ZONING EFUTE
Listed with USLANDCO LLC

©2026 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Elite Real Estate Company are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Elite Real Estate Company. Data last updated: 8/20/26 2:52 AM PDT.

This IDX solution is (c) Diverse Solutions 2026.

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