Central Oregon Homes, Land & Acreage for Sale

10435 NW 27th Street, Terrebonne, OR 97760

$475,000

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Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,436 Lot Size (sq. ft.): 207,781 Status: Closed

Current Price: $475,000 List Date: 9/24/2026 Last Modified: 10/15/2026

Overview

Description

Golden Opportunity in Terrebonne, Oregon! Bring your vision and discover the possibilities with this 4.77-acre build-to-suit property in the desirable farming community of Terrebonne. Featuring 4.6 acres of COID water rights that are not on a rotation schedule, this property offers valuable irrigated acreage with room to create the country property you've been looking for. The property includes the original 1920 homestead and a 1,728 SF agricultural barn built in 2004, providing a great starting point for restoration, redevelopment, or your future plans. With nearly five acres, established irrigation rights, and plenty of open space, this property is waiting to be brought back to its fullest potential. Acreage with this combination of location, irrigation, and potential does not come along every day. Enjoy the rural lifestyle while remaining conveniently located just outside city limits, minutes from Redmond and a short drive to Bend. Bring your ideas and imagine the possibilities.

Listing Details MLS# 220227840

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 3
Bathrooms Total: 2
Bathrooms Full: 2
Garage YN: No
Total Living Area SqFt: 1436
Main House SqFt: 1436
SqFt Source: Assessor
Year Built: 1920
Accessory Dwelling Unit YN: No
Rented YN: No
Short Term Rental Permit YN: No
New Construction YN: No
Elementary School: Terrebonne Community School
Middle Or Junior School: Terrebonne Community School
High School: Redmond High
Zoning: EFU
Tax Annual Amount: 2250.51
Tax Year: 2025
Potential Tax Liability YN: No
Assessment YN: No
Irrigation Water Rights YN: Yes
Irrigation Water Rights Acres: 4.6
Irrigation District: Central Oregon
CC&R's YN: No
Association YN: No
Senior Community YN: No
Horse Property YN: Yes
Preferred Escrow Company & Officer: Western Title - Blanca Guzman
FIRPTA YN: No
Sign On Property YN: Yes

Property Features

Appliances: Dryer; Oven; Range; Range Hood; Refrigerator; Washer; Water Heater Architectural Style: Ranch Basement: None Common Walls: No Common Walls Construction Materials: Frame Cooling: None Flooring: Carpet; Hardwood; Laminate Foundation Details: Other Heating: Electric; Forced Air; Hot Water; Oil; Zoned Interior Features: Laminate Counters; Linen Closet; Shower/Tub Combo Levels: One Roof: Composition Rooms: Eating Area; Kitchen; Laundry; Living Room; Primary Bedroom Security Features: Smoke Detector(s) Easements: Irrigation; Utilities Flood: N/A Irrigation Source: District Lot Features: Level Other Structures: Barn(s) Parking Features: Gravel; No Garage Road Frontage Type: Private Access Road Surface Type: Paved View: Cascade Mountains Utilities: Electricity Connected Power Production: None Sewer: Septic Tank; Standard Leach Field Water Source: Shared Well Listing Terms: Cash; Conventional Special Listing Conditions: Trust

Location Tax and Legal

Street Number: 10435
Street Dir Prefix: NW
Street Name: 27th
Street Suffix: Street
County: Deschutes
State: OR
Postal Code: 97760
Subdivision Name: N/A

Contract Information

Original List Price: 475000
List Price per SqFt: 330.78
Listing Contract Date: 2026-08-28
Projected Active Date: 2026-09-24

Remarks and Miscellaneous

Public Remarks: Golden Opportunity in Terrebonne, Oregon! Bring your vision and discover the possibilities with this 4.77-acre build-to-suit property in the desirable farming community of Terrebonne. Featuring 4.6 acres of COID water rights that are not on a rotation schedule, this property offers valuable irrigated acreage with room to create the country property you've been looking for. The property includes the original 1920 homestead and a 1,728 SF agricultural barn built in 2004, providing a great starting point for restoration, redevelopment, or your future plans. With nearly five acres, established irrigation rights, and plenty of open space, this property is waiting to be brought back to its fullest potential. Acreage with this combination of location, irrigation, and potential does not come along every day. Enjoy the rural lifestyle while remaining conveniently located just outside city limits, minutes from Redmond and a short drive to Bend. Bring your ideas and imagine the possibilities.
Directions: Highway 97 North, left turn on C St, right turn on 19th St, left turn onto Lower Bridge Way and right turn on 27th St. Home is about 1/2 mile on the west side of the street. Sign on property.

Status Change Information

Close Date: 2026-10-15
Under Contract Date: 2026-10-02
Status Change Timestamp: 2026-10-15
Close Price: 475000
Sold Price per SqFt: 330.78

More Information

Listing Office: Bend Premier Real Estate LLC

Last Updated: October - 15 - 2026

Information deemed reliable but not guaranteed.