Central Oregon Homes, Land & Acreage for Sale

4220 NE Smith Rock Way, Terrebonne, OR 97760

New Listing

$749,000

Property Type: Farm Bedrooms: 2 Baths: 1 Square Footage: 964 Lot Size (sq. ft.): 1,702,760 Status: Active

Current Price: $749,000 List Date: 7/23/2026 Last Modified: 7/23/2026

Overview

Description

Situated in the heart of Central Oregon, this 39.09± acre farm property offers a blend of productive agricultural land and rural living just minutes from the iconic Smith Rock State Park. Zoned Exclusive Farm Use (EFU-TE), the property includes approximately 18 acres of Central Oregon Irrigation District (COID) water rights. Improvements include a 964± square foot, 2bd/1bth home built in 1944 and multiple outbuildings. Conveniently located between Terrebonne and Redmond, the property offers easy access to Smith Rock State Park, hunting, fishing, hiking, and countless recreational opportunities throughout Central Oregon. With productive irrigated acreage, an existing home, and a truly exceptional setting, this is a rare opportunity to create a property that reflects your vision and brings your dream of Central Oregon living to life.

Listing Details MLS# 220225834

General Property Information

Bedrooms Total: 2
Bathrooms Total: Yes
Bathrooms Full: Yes
Garage YN: Yes
Garage Spaces: 2
Total Living Area SqFt: 964
Main House SqFt: 964
SqFt Source: Assessor
Year Built: 1944
Accessory Dwelling Unit YN: No
Rented YN: Yes
Current Rent: 425
Lease End Date: 2026-12-31
New Construction YN: No
Elementary School: Terrebonne Community School
Middle Or Junior School: Elton Gregory Middle
High School: Redmond High
Zoning: EFU TE
Tax Annual Amount: 710.59
Tax Year: 2025
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
FIRPTA YN: No
Sign On Property YN: Yes
Bathrooms Half: 0

Property Features

Appliances: Oven; Range; Refrigerator; Water Heater; Other Architectural Style: Ranch Basement: None Construction Materials: Frame Cooling: None Fireplace Features: Living Room Flooring: Carpet Foundation Details: Stemwall Heating: Fireplace(s) Interior Features: Ceiling Fan(s); Laminate Counters Levels: One Roof: Composition Rooms: Kitchen; Living Room; Primary Bedroom Acreage Details: Livestock Allowed Current Use: Grazing; Pasture Easements: Irrigation; Utilities Fencing: Barbed Wire; Cross Fenced; Perimeter; Other Irrigation Distribution: Sub-Irrigated Irrigation Source: District Utilities: Electricity Connected Lot Features: Fenced; Level; Native Plants; Pasture; Rock Outcropping Other Structures: Other Parking Features: Detached; Driveway; Gated; Gravel; Storage; Other View: Cascade Mountains; Mountain(s); Territorial Power Production: None Sewer: Septic Tank; Standard Leach Field Water Source: Cistern; Other Listing Terms: Cash; Conventional Special Listing Conditions: Standard

Location Tax and Legal

Street Number: 4220
Street Dir Prefix: NE
Street Name: Smith Rock
Street Suffix: Way
County: Deschutes
State: OR
Postal Code: 97760
Subdivision Name: N/A

Contract Information

Original List Price: 749000
List Price per SqFt: 776.97
Listing Contract Date: 2026-07-23

Remarks and Miscellaneous

Public Remarks: Situated in the heart of Central Oregon, this 39.09± acre farm property offers a blend of productive agricultural land and rural living just minutes from the iconic Smith Rock State Park. Zoned Exclusive Farm Use (EFU-TE), the property includes approximately 18 acres of Central Oregon Irrigation District (COID) water rights. Improvements include a 964± square foot, 2bd/1bth home built in 1944 and multiple outbuildings. Conveniently located between Terrebonne and Redmond, the property offers easy access to Smith Rock State Park, hunting, fishing, hiking, and countless recreational opportunities throughout Central Oregon. With productive irrigated acreage, an existing home, and a truly exceptional setting, this is a rare opportunity to create a property that reflects your vision and brings your dream of Central Oregon living to life.

Status Change Information

Status Change Timestamp: 2026-07-23

More Information

Acreage Details

Deeded Acres: 39.09
Irrigation Water Rights Acres: 18
Livestock Allowed: Yes

Location, Tax, and Legal

Parcel Number: 128332
Tax Lot: 1413240000200
Lot Size Acres: 39.09
Lot Size Square Feet: 1702760
Additional Parcels YN: No

Appliances

Oven: Yes
Range: Yes
Refrigerator: Yes
Water Heater: Yes
Other: Yes

Basement

None: Yes

Architectural Style

Ranch: Yes

Current Use

Grazing: Yes
Pasture: Yes

Cooling

None: Yes

Easements

Irrigation: Yes
Utilities: Yes

Construction Materials

Frame: Yes

Fireplace Features

Living Room: Yes

Flooring

Carpet: Yes

Fencing

Barbed Wire: Yes
Cross Fenced: Yes
Perimeter: Yes
Other: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Foundation Details

Stemwall: Yes

Heating

Fireplace(s): Yes

Interior Features

Ceiling Fan(s): Yes
Laminate Counters: Yes

Irrigation Distribution

Sub-Irrigated: Yes

Levels

One: Yes

Irrigation Source

District: Yes

Lot Features

Fenced: Yes
Level: Yes
Native Plants: Yes
Pasture: Yes
Rock Outcropping: Yes

Roof

Composition: Yes

Rooms

Kitchen: Yes
Living Room: Yes
Primary Bedroom: Yes

Other Structures

Other: Yes

View

Cascade Mountains: Yes
Mountain(s): Yes
Territorial: Yes

Parking Features

Detached: Yes
Driveway: Yes
Gated: Yes
Gravel: Yes
Storage: Yes
Other: Yes

Power Production

None: Yes

Sewer

Septic Tank: Yes
Standard Leach Field: Yes

Utilities

Electricity Connected: Yes

Water Source

Cistern: Yes
Other: Yes

Special Listing Conditions

Standard: Yes

Listing Office: USLANDCO LLC

Last Updated: July - 23 - 2026

Information deemed reliable but not guaranteed.