Central Oregon Homes, Land & Acreage for Sale

11311 S Cornett Loop, Powell Butte, OR 97753

$6,999,000

Property Type: Farm Bedrooms: 3 Baths: 2 Square Footage: 1,623 Lot Size (sq. ft.): 39,092,922 Status: Closed

Current Price: $6,999,000 List Date: 2/01/2022 Last Modified: 2/10/2026

Overview

Description

This first-class equestrian property, cattle ranch, & hay operation is located less than an hour from Bend. The ranch includes an impressive 81,600± square foot equestrian facility, a horse lover's dream! Complete with 117 horse stalls, two indoor arenas, an office, three large tack rooms, spectator judging areas, a studio apartment, restrooms, built-in waterers, stainless steel stall fronts, concrete alleyways, & two wash rack facilities. In addition, there is an outdoor cutting arena, a heated mare barn with 36 stalls, several farm buildings, & 24 RV hook-ups. This ranch boasts excellent irrigated hay lands, with 311.3± acres of owned & leased water rights via 4 half pivots and 2 full pivots. This fertile ground has a history of producing top-quality alfalfa & hay. In addition to these fertile irrigated fields, there is plenty of rangeland pasture, including a small BLM pasture lease. There is a modest three-bedroom/two-bathroom historically been used as a farmhand dwelling.

Listing Details MLS# 220138243

General Property Information

Bedrooms Total: 3
Bathrooms Total: 2
Bathrooms Full: 2
Garage YN: Yes
Garage Spaces: 2
Total Living Area SqFt: 1623
Main House SqFt: 1623
SqFt Source: Assessor
Year Built: 1970
Accessory Dwelling Unit YN: No
Rented YN: No
New Construction YN: No
Elementary School: Powell Butte Elementary
Middle Or Junior School: Crook County Middle
High School: Crook County High
Zoning: EFU3
Tax Annual Amount: 19054.69
Tax Year: 2021
Potential Tax Liability YN: Yes
Irrigation Water Rights YN: Yes
Irrigation District: Central Oregon
Crops Included YN: No
CC&R's YN: No
Horse Property YN: Yes
Preferred Escrow Company & Officer: Western Title - Prineville
FIRPTA YN: No
Sign On Property YN: No
Bathrooms Half: 0

Property Features

Architectural Style: Ranch Basement: None Construction Materials: Frame Cooling: None Flooring: Other Foundation Details: Stemwall Heating: Other Levels: One Roof: Composition Rooms: Kitchen; Living Room; Primary Bedroom Current Use: Agricultural; Ranch Grazing Permits: BLM Irrigation Distribution: Center Pivot Irrigation Source: District; On Site Well Utilities: Electricity Connected Lot Features: Adjoins Public Lands Other Structures: Animal Stall(s); Arena; Barn(s); Corral(s); Covered Arena; Scales; Shed(s); Storage Parking Features: Attached; Driveway; RV Access/Parking View: Cascade Mountains; Mountain(s) Water Rights Type: Permitted Sewer: Septic Tank Water Source: Well Listing Terms: Cash Special Listing Conditions: Standard

Location Tax and Legal

Street Number: 11311
Street Dir Prefix: S
Street Name: Cornett
Street Suffix: Loop
County: Crook
State: OR
Postal Code: 97753
Subdivision Name: N/A

Contract Information

Original List Price: 6999000
List Price per SqFt: 4312.38
Listing Contract Date: 2022-01-18
Projected Active Date: 2022-02-01

Remarks and Miscellaneous

Public Remarks: This first-class equestrian property, cattle ranch, & hay operation is located less than an hour from Bend. The ranch includes an impressive 81,600± square foot equestrian facility, a horse lover's dream! Complete with 117 horse stalls, two indoor arenas, an office, three large tack rooms, spectator judging areas, a studio apartment, restrooms, built-in waterers, stainless steel stall fronts, concrete alleyways, & two wash rack facilities. In addition, there is an outdoor cutting arena, a heated mare barn with 36 stalls, several farm buildings, & 24 RV hook-ups. This ranch boasts excellent irrigated hay lands, with 311.3± acres of owned & leased water rights via 4 half pivots and 2 full pivots. This fertile ground has a history of producing top-quality alfalfa & hay. In addition to these fertile irrigated fields, there is plenty of rangeland pasture, including a small BLM pasture lease. There is a modest three-bedroom/two-bathroom historically been used as a farmhand dwelling.

Status Change Information

Close Date: 2022-11-09
Under Contract Date: 2022-04-17
Status Change Timestamp: 2022-11-14
Close Price: 6999000
Sold Price per SqFt: 4312.38

More Information

Location, Tax, and Legal

Cross Street: Serrano Lane
Section: SW
Parcel Number: 19620
Lot Size Acres: 897.45
Lot Size Square Feet: 39092922
Additional Parcels YN: Yes
Additional Parcels Description: 1415310000205, 1415000000700, 1414000001405

Basement

None: Yes

Architectural Style

Ranch: Yes

Current Use

Agricultural: Yes
Ranch: Yes

Cooling

None: Yes

Construction Materials

Frame: Yes

Flooring

Other: Yes

Listing Terms

Cash: Yes

Foundation Details

Stemwall: Yes

Heating

Other: Yes

Grazing Permits

BLM: Yes

Irrigation Distribution

Center Pivot: Yes

Levels

One: Yes

Irrigation Source

District: Yes
On Site Well: Yes

Lot Features

Adjoins Public Lands: Yes

Roof

Composition: Yes

Rooms

Kitchen: Yes
Living Room: Yes
Primary Bedroom: Yes

Other Structures

Animal Stall(s): Yes
Arena: Yes
Barn(s): Yes
Corral(s): Yes
Covered Arena: Yes
Scales: Yes
Shed(s): Yes
Storage: Yes

View

Cascade Mountains: Yes
Mountain(s): Yes

Parking Features

Attached: Yes
Driveway: Yes
RV Access/Parking: Yes

Sewer

Septic Tank: Yes

Utilities

Electricity Connected: Yes

Water Source

Well: Yes

Special Listing Conditions

Standard: Yes

Water Rights Type

Permitted: Yes

Listing Office: Fay Ranches, Inc.

Last Updated: February - 10 - 2026

Information deemed reliable but not guaranteed.