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.
Active
$749,000
4220 NE Smith Rock Way, Terrebonne, OR 97760
2beds
1baths
964sqft
:
Get pre-qualified$5,072/mo
Farm
Built in 1944
39.09 Acres Lot
$717,000 Zestimate®
$777/sqft
$-- HOA
What's special
Existing homeProductive irrigated acreageMultiple outbuildings
- 22 days |
- 847 |
- 38 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
USLANDCO LLC 844-999-5463
Source: Oregon Datashare,MLS#: 220225834
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Fireplace(s)
Cooling
- None
Appliances
- Included: Oven, Range, Refrigerator, Water Heater, Other
Features
- Ceiling Fan(s), Laminate Counters
- Flooring: Carpet
- Basement: None
- Has fireplace: Yes
- Fireplace features: Living Room
Interior area
- Total structure area: 964
- Total interior livable area: 964 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached, Driveway, Gated, Gravel, Storage, Other
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Fencing: Barbed Wire,Cross Fenced,Perimeter,Other,Fenced
- Has view: Yes
- View description: Mountain(s), Territorial
Lot
- Size: 39.09 Acres
- Features: Level, Native Plants, Pasture, Rock Outcropping
Details
- Additional structures: Other
- Parcel number: 128332
- Zoning description: EFU TE
- Special conditions: Standard
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Farm
Materials
- Frame
- Foundation: Stemwall
- Roof: Composition
Condition
- New construction: No
- Year built: 1944
Utilities & green energy
- Sewer: Septic Tank, Standard Leach Field
- Water: Cistern, Other
Community & HOA
Location
- Region: Terrebonne
Financial & listing details
- Price per square foot: $777/sqft
- Tax assessed value: $532,850
- Annual tax amount: $710
- Date on market: 7/23/2026
- Listing terms: Cash,Conventional
- Has irrigation water rights: Yes
Estimated market value
$717,000
$681,000 - $753,000
$2,116/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2026 | Listed for sale | $749,000$777/sqft |
Source:  Oregon Datashare #220225834 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $711 +3.8% | $42,020 +2.2% |
| 2024 | $685 +4% | $41,120 +4.4% |
| 2023 | $658 +8.1% | $39,400 |
| 2022 | $609 +2.2% | $39,400 +4.3% |
| 2021 | $596 | $37,780 |
| 2020 | -- | $37,780 +4.2% |
| 2019 | $550 | $36,250 |
| 2018 | $550 +1.5% | $36,250 +2.1% |
| 2017 | $541 +1.6% | $35,520 +2% |
| 2016 | $533 | $34,807 +2% |
| 2015 | $533 +7.7% | $34,114 +2.2% |
| 2014 | $495 | $33,379 +8.1% |
| 2013 | -- | $30,880 +1.4% |
| 2012 | -- | $30,456 +0.6% |
| 2011 | -- | $30,268 +0.6% |
| 2010 | -- | $30,095 -5.3% |
| 2009 | -- | $31,788 +2.6% |
| 2008 | -- | $30,986 +2.6% |
| 2007 | -- | $30,208 +2.6% |
| 2006 | -- | $29,446 +2.5% |
| 2005 | -- | $28,714 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 97760
Nearby schools
GreatSchools rating
- 6/10Terrebonne Community SchoolGrades: K-5Distance: 3.2 mi
- 4/10Elton Gregory Middle SchoolGrades: 6-8Distance: 4.4 mi
- 4/10Redmond High SchoolGrades: 9-12Distance: 6.5 mi
Schools provided by the listing agent
- Elementary: Terrebonne Community School
- Middle: Elton Gregory Middle
- High: Redmond High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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