8450 NE 1st Street, Terrebonne, OR 97760

• 3 beds |
• 2 baths |
• 1,796 sqft

Property Description

Rare opportunity to own 38.62± acres of productive irrigated ground just east of downtown Terrebonne. The property features 31± acres of COID irrigation water rights and is currently planted in orchard grass with seasonal grazing use. Improvements include a 1,796± SF single-level home built in 1999 with 3 bedrooms, 2 bathrooms, and attached garage, plus a 2,112± SF barn/farm building, additional 1,632± SF building, pump house, domestic well, septic, fencing, pond, irrigation infrastructure, and outdoor arena. Zoned EFUTE with convenient access to Hwy 97, Redmond, Smith Rock State Park, and Central Oregon recreation. A unique opportunity combining productive agricultural ground, water rights, existing improvements, and an excellent Terrebonne location. Buyer to perform due diligence regarding permitted uses, improvements, water rights, and property systems.

Listing Status:

Active

Date Added:

August 19, 2026

Data Last Updated:

October 28, 2026 at 9:39PM

Listing Office:

Cascade Hasson SIR : 541-383-7600

MLS ID:

220227265

Interior

• General: Breakfast BarCeiling Fan(s)Double VanityPantryWalk-In Closet(s)Solid Surface CountersLinen Closet
• Appliances: DishwasherDisposalMicrowaveOvenRangeRefrigeratorWater Heater
• Flooring: CarpetVinyl
• A/C: None
• Heating: ElectricForced AirWood
• Fireplace: Family RoomWood BurningFireplace

Exterior

• Style: Ranch
• Parking: AttachedDrivewayWorkshop in Garage

Construction

• Roofing: Composition
• Windows: Bay Window(s)Vinyl Frames
• General: FrameOneStemwall

Location

• County: Deschutes

Lot

• Zoning: 128048
• View: Mountain(s)Territorial

Utilities

• Water: Well
• Sewer: Septic TankStandard Leach Field