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3 Beds
2 Baths
1,796 sqft

$1,469,000

8450 NE 1st Street , Terrebonne OR, 97760

Price per sqft$817.93
Built in1999
Property size1,796 sqft
Property typeResidential

Overview

Active

Listed Aug 19, 2026

Updated 5h ago

Just minutes from Smith Rock State Park, this 40 acre equestrian property offers an exceptional setting for rural living, with striking views of Smith Rock and convenient access to Terrebonne, Redmond, and Bend. Established horse facilities include an outdoor riding arena, perimeter-fenced irrigated pastures, and a dedicated horse barn with stalls and tack room. A separate agricultural building provides versatile space for hay, equipment, and farm storage. Approximately 31 acres of COID water rights support productive orchard grass pastures, ideal for hay production, grazing, and equestrian use. A pressurized irrigation system and functioning pond complement the property's agricultural capabilities. The comfortable single-level, three-bedroom residence provides a welcoming home base for enjoying the surrounding acreage. Combining equestrian amenities, productive land, and an outstanding Central Oregon location, this property offers a distinctive rural lifestyle.

$9,773/mo

Est. mortgage payment based on a $1,469,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
220227265
Available since
August 19, 2026

Interior Features

Bedrooms
3
Bathrooms
2
Basement
No

Exterior Features

Lot Size
38.62 Acres

Other Property Details

Taxes
$4,488
Tax Frequency
Annually

 Courtesy of Sam Terrell | Cascade Hasson Sotheby's International Realty

Based on information from DASH - Sotheby's International Realty (SIR) as of 11/13/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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Data last updated 4:43 AM UTC, 11/13/2026

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