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  • Price cut: $100K (6/30)
    $550,000

    5010 N Highway 97, Terrebonne, OR 97760

    --beds
    0baths
    12.52Acres
    Agriculture, Land
    Built in ----
    12.52 Acres Lot
    $626,800 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Sweeping cascade mountain views
    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.
    63 days
    |
    152
    |
    10
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Mariposa Real Estate Corp. 541-527-1968

    Source: Oregon Datashare,MLS#: 220222035MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Features
      • Has fireplace: No

      Property

      Features
      • Fencing: Barbed Wire
      • Has view: Yes
      • View description: Canyon, Mountain(s)
      • Waterfront features: Pond
      Lot
      • Size: 12.52 Acres
      • Features: Pasture
      Details
      • Additional parcels included: 3.84 parcel included with this price in total of 12.52 acres combined already reflected. this additional parcel also have 3.60 irrigation rights. total of irrigations rights combined 11.90.
      • Parcel number: 128414
      • Zoning description: EFU
      • Special conditions: Standard

      Utilities & green energy

      • Sewer: Septic Needed, None
      • Water: None, Other
      • Utilities for property: None

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Terrebonne

      Financial & listing details

      • Tax assessed value: $192,910
      • Annual tax amount: $71
      • Date on market: 5/23/2026
      • Cumulative days on market: 63 days
      • Listing terms: Cash,Conventional
      • Has irrigation water rights: Yes
      • Road surface type: Paved

        Estimated market value

        $626,800

        $595,000 - $658,000

        $3,248/mo

        Price history

        DateEventPrice
        6/30/2026Price change$550,000-15.4%
        Source: Oregon Datashare #220222035 Report a problem
        5/23/2026Listed for sale$650,000+364.3%
        Source: Oregon Datashare #220222035 Report a problem
        4/27/2018Sold$140,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$49 +1.6%$3,031
        2024$48 +1.9%$3,031
        2023$47 +6.1%$3,031
        2022$45 +0.1%$3,031
        2021$45 $3,031
        2020-- $3,031
        2019$43 $3,031
        2018$43 -0.5%$3,031
        2017$43 -2.6%$3,031
        2016$44 $3,031
        2015$44 +0.5%$3,031 +0.9%
        2014$44 $3,004
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 97760

        Getting around

        7 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • 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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