62370 Wallace Road, Bend, OR 97701

$800,000
Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,537 Lot Size (sq. ft.): 110,207 Status: Closed
Current Price: $800,000 List Date: 5/08/2026 Last Modified: 7/15/2026

Overview

Description

Rare opportunity—this is the first time this property has ever been available! Set on 2.53 irrigated acres with 1.73 acres of irrigation water rights, the property is ideal for horses, animals, small-scale farming, or simply enjoying all that Central Oregon has to offer. The 4-bedroom, 2-bathroom 1537 sqft single-level home includes a new roof, two driveways, and a spacious deck to take in Powell Butte and peek-a-boo views of the Cascade peaks. Enjoy the cozy living room with a fireplace, open beams and wood details on cool Autumn and Winter days. Cross fencing, double gates, Storage shed and a horse stall with expansion potential make this a versatile and valuable find! A horse owner's dream setup—dual street access with a gated pasture entry offering flexible movement and access. Don't miss this opportunity! Call your favorite agent today to schedule your private showing.

Listing Details MLS# 220208540

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
4
Bathrooms Total
2
Bathrooms Full
2
Garage YN
No
Total Living Area SqFt
1537
Main House SqFt
1537
SqFt Source
Assessor
Year Built
1973
Accessory Dwelling Unit YN
No
Rented YN
No
Short Term Rental Permit YN
No
New Construction YN
No
Elementary School
Buckingham Elem
Middle Or Junior School
Pilot Butte Middle
High School
Mountain View Sr High
Zoning
MUA10
Tax Annual Amount
3713.16
Tax Year
2024
CC&R's YN
Yes
Association YN
No
Senior Community YN
No
Horse Property YN
Yes
FIRPTA YN
No
Sign On Property YN
Yes

Property Features

Appliances: Dryer; Oven; Range; Washer; Water Heater Architectural Style: Ranch; Traditional Basement: None Common Walls: No Common Walls Construction Materials: Frame Cooling: None Fireplace Features: Living Room; Wood Burning Flooring: Carpet; Vinyl Foundation Details: Stemwall Heating: Electric; Forced Air; Wood Interior Features: Breakfast Bar; Double Vanity; Primary Downstairs; Shower/Tub Combo; Tile Counters; Vaulted Ceiling(s) Levels: One Roof: Composition Rooms: Eating Area; Kitchen; Laundry; Living Room; Primary Bedroom Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Window Features: Aluminum Frames Irrigation Source: District Lot Features: Fenced; Pasture; Sprinklers In Front; Sprinklers In Rear Other Structures: Animal Stall(s); Shed(s) Parking Features: Attached Carport; Driveway Patio and Porch Features: Deck Pool Features: None Road Frontage Type: Shared Access Road Surface Type: Paved Structure Type: House View: Cascade Mountains; Mountain(s); Territorial Utilities: Electricity Connected Community Features: Access to Public Lands Power Production: None Sewer: Septic Tank; Standard Leach Field Water Source: Private; Shared Well Listing Terms: Cash; Conventional; VA Loan Special Listing Conditions: Standard

Location Tax and Legal

Street Number
62370
Street Name
Wallace
Street Suffix
Road
County
Deschutes
State
OR
Postal Code
97701
Subdivision Name
Wallace Acres

Contract Information

Original List Price
925000
List Price per SqFt
533.51
Listing Contract Date
2025-08-30

Remarks and Miscellaneous

Public Remarks
Rare opportunity—this is the first time this property has ever been available! Set on 2.53 irrigated acres with 1.73 acres of irrigation water rights, the property is ideal for horses, animals, small-scale farming, or simply enjoying all that Central Oregon has to offer. The 4-bedroom, 2-bathroom 1537 sqft single-level home includes a new roof, two driveways, and a spacious deck to take in Powell Butte and peek-a-boo views of the Cascade peaks. Enjoy the cozy living room with a fireplace, open beams and wood details on cool Autumn and Winter days. Cross fencing, double gates, Storage shed and a horse stall with expansion potential make this a versatile and valuable find! A horse owner's dream setup—dual street access with a gated pasture entry offering flexible movement and access. Don't miss this opportunity! Call your favorite agent today to schedule your private showing.

Status Change Information

Close Date
2026-07-15
Under Contract Date
2026-06-03
Status Change Timestamp
2026-07-15
Close Price
800000
Sold Price per SqFt
520.49

More Information

Listing Office: Bend Dreams Realty LLC
Last Updated: July - 15 - 2026
Information deemed reliable but not guaranteed.