5010 N Highway 97, Terrebonne, OR 97760 | MLS #220222035 | Berkshire Hathaway HomeServices Northwest Real Estate  
 
Listing provided courtesy of Mariposa Real Estate Corp.- MLS# 220222035MLS Provider

5010 N Highway 97Terrebonne, OR 97760

Vacant Land · 12.52 Acres
$550,000 Active

5010 N Highway 97 Overview

Time on Site:
38 days
Visits:
0

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.

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5010 N Highway 97 Facts & Features

  • Type Vacant Land
  • Lot 12.52 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • Elementary School: Check with District
  • Middle Or Junior School: Elton Gregory Middle
  • High School: Redmond High

Business Information

  • Current Use: Grazing,Pasture

Location/Region

  • County Or Parish: Deschutes
  • Subdivision Name: N/A

Tax Information

  • Tax Annual Amount: 71.64
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 128414
  • Property Sub Type: Agriculture
  • Property Type: Land
  • Senior Community: false
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Total: 0

Exterior

Lot Information

  • Additional Parcels Description: 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.
  • Additional Parcels: true
  • Irrigation Source: District
  • Irrigation Water Rights Acres: 11.9
  • Irrigation Water Rights: true
  • Lot Features: Pasture
  • Lot Size Acres: 12.52
  • Lot Size Area: 12.52
  • Lot Size Square Feet: 545371.2
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: None,Other

Waterfront/View

  • View: Canyon,Cascade Mountains,Mountain(s)
  • Waterfront Features: Pond
  • Waterfront: true

General Information

  • Fencing: Barbed Wire
  • Sewer: Septic Needed,None
  • Utilities: None

5010 N Highway 97 Neighborhood

Community

97760 (Terrebonne) Demographics

56
Median Age
76
Population Density (per sq. mile)
39%
College Educated
$64,722
Estimated Median Income
2,763
Estimated Total Home Owners
313
Estimated Total Renters
90% / 10%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5010 N Highway 97 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5010 N Highway 97 Market Data

Based on the last 30 days in this zip code

$869,382
Average List Price
$408
Average Price per Square Foot
18
Properties Sold
98
Average Days on Market
103
Properties for Sale
Calculations provided by Reliance Network

5010 N Highway 97 History

Date Event Value Agent
6/29/2026Source: Oregon Datashare Price Reduction
$550,000 -15.4%
5/23/2026Source: Oregon Datashare Added to Database
May 23, 2026