5010 N Highway 97, Terrebonne, OR 97760

$550,000
Property Type: Land Lot Size (sq. ft.): 545,371 Status: Active
Current Price: $550,000 List Date: 5/23/2026 Last Modified: 8/20/2026

Overview

Description

Your Central Oregon Opportunity Awaits! Two contiguous tax lots totaling 12.52 acres are being sold together, offering endless potential in the heart of Central Oregon. Currently used as pastureland, the property is ideally situated along Highway 97 in Terrebonne, just north of Redmond, one of the region's fastest-growing communities, with convenient highway access for commuting. The property includes 11.90 acres of irrigation water rights, adding valuable agricultural potential and flexibility for future use. The land features sweeping Cascade Mountain views along with stunning vistas of Smith Rock State Park, creating an exceptional setting for a future homesite or agricultural use. Whether you're looking for a farmer's dream property, grazing land, or a potential build site for your custom home, this acreage offers both beauty and flexibility. Bring your vision and explore the possibilities this unique property has to offer.

Listing Details MLS# 220222035

General Property Information

Property Sub Type
Agriculture
Elementary School
Check with District
Middle Or Junior School
Elton Gregory Middle
High School
Redmond High
Zoning
EFU
Tax Annual Amount
71.64
Tax Year
2025
Irrigation Water Rights YN
Yes
Irrigation Water Rights Acres
11.9
Irrigation District
Central Oregon
CC&R's YN
No
Association YN
No
Senior Community YN
No
Preferred Escrow Company & Officer
Western Title Blanca guzman
FIRPTA YN
No
Sign On Property YN
Yes
Garage YN
No

Property Features

Acreage Details: Livestock Allowed Agricultural Class: Class 2 Current Use: Grazing; Pasture Easements: Irrigation Fencing: Barbed Wire Flood: Unknown Irrigation Source: District Lot Features: Pasture Road Surface Type: Paved View: Canyon; Cascade Mountains; Mountain(s) Waterfront Features: Pond Power Production: None Sewer: Septic Needed; None Utilities: None Water Source: None; Other Documents on File: Legal Description; Survey; Water Rights Listing Terms: Cash; Conventional Special Listing Conditions: Standard Water Rights Type: See Remarks

Location Tax and Legal

Street Number
5010
Street Dir Prefix
N
Street Name
Highway 97
County
Deschutes
State
OR
Postal Code
97760
Subdivision Name
N/A

Contract Information

Original List Price
650000
List Price per Acre
43929.71
Listing Contract Date
2026-05-20
Projected Active Date
2026-05-23

Remarks and Miscellaneous

Public Remarks
Your Central Oregon Opportunity Awaits! Two contiguous tax lots totaling 12.52 acres are being sold together, offering endless potential in the heart of Central Oregon. Currently used as pastureland, the property is ideally situated along Highway 97 in Terrebonne, just north of Redmond, one of the region's fastest-growing communities, with convenient highway access for commuting. The property includes 11.90 acres of irrigation water rights, adding valuable agricultural potential and flexibility for future use. The land features sweeping Cascade Mountain views along with stunning vistas of Smith Rock State Park, creating an exceptional setting for a future homesite or agricultural use. Whether you're looking for a farmer's dream property, grazing land, or a potential build site for your custom home, this acreage offers both beauty and flexibility. Bring your vision and explore the possibilities this unique property has to offer.
Directions
From Redmond head north on Hwy 97 approximately 8 miles toward Terrebonne. Property located on east side of Hwy 97 with easy access directly from highway. look to your right you will see for sale sign

Status Change Information

Status Change Timestamp
2026-05-23

More Information

Comments

Irrigation Comments
Total of irrigations rights 11.90

Documents

Listing Office: Mariposa Real Estate Corp.
Last Updated: August - 20 - 2026
Information deemed reliable but not guaranteed.
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