$1,469,000

8450 NE 1st Street | Terrebonne, Oregon

38.62± Acres | 31± Acres COID Water Rights | 3 Bed / 2 Bath Home | Irrigated Farm

Set just east of downtown Terrebonne, this 38.62± acre Central Oregon farm combines productive irrigated acreage, agricultural infrastructure, and a convenient location near some of the region's most recognized communities and recreation.

At the heart of the property is approximately 31 acres of assessed Central Oregon Irrigation District water rights supporting an established agricultural operation. The ground is currently planted in orchard grass and has been managed for a spring cutting followed by seasonal winter grazing. According to the seller, the property has supported approximately 25 cows seasonally.

Irrigation infrastructure is primarily in-ground, with a pressurized irrigation system in place. The property also features a functioning pond, adding both utility and character to the landscape. The proposal identifies 30.29± acres of appurtenant irrigation along with an additional 0.71± acre allocation.

The improvements provide a practical headquarters for both residential and agricultural use. Built in 1999, the single-level residence offers approximately 1,796 square feet with three bedrooms, two bathrooms, and an attached 484± square-foot garage. A 2,112± square-foot general-purpose farm building/barn provides valuable space for agricultural use, while an additional 1,632± square-foot building. A pump house, domestic well, septic system, fencing, and other farm infrastructure round out the improvements.

The property is zoned EFUTE – Exclusive Farm Use Terrebonne Subzone and includes a Landscape Management Combining Zone overlay. With frontage along NE 1st Street, a gate along NE Wilcox Street, and easy access to Highway 97, the farm is exceptionally positioned for a rural holding of this size.

Terrebonne is immediately nearby, while Redmond and the broader Central Oregon region are readily accessible. Smith Rock State Park and the area's extensive outdoor recreation opportunities further enhance the location.

For buyers seeking an irrigated Central Oregon farm with an existing residence, useful agricultural improvements, productive ground, and proximity to town, 8450 NE 1st Street offers a distinctive combination of land, water, and location.