Horseman's Dream of Central Oregon is a 35.21± acre estate w/ 18.6± acres of water rights that backs up to Bureau of Land Management (BLM) land in one of Oregon's most desirable rural areas, Tumalo. Boasting a luxurious 3,000± square foot, 5-bedroom, 5-bathroom (3 are suites) home with luxury finishes, a covered outdoor patio, & a 4-car garage. Additionally, it has a recently built (2021) 1,862± square foot hobby building w/ multiple rooms that could serve offices, two bathrooms, and a fully covered and screened outdoor kitchen. Both structures have been recently built or remodeled with impeccable care. This is the horseman's dream. The recently built (2021) indoor arena w/ 8 stalls w/runs, washstall, tackroom, a feed room, multiple hay storage areas, automatic watering system for the arena, and heated/automatic waterers. Add a trail course, Priefert hot walker, outdoor roping arena, custom pipe fencing, automatic waterers, round pen, & even a small feedlot for cattle.
Active
$5,545,000
66505 Gerking Market Rd, Bend, OR 97703
5beds
5baths
3,034sqft
Est.:
Farm
Built in 1973
35.21 Acres Lot
$5,025,100 Zestimate®
$1,828/sqft
$-- HOA
What's special
Water rightsIndoor arenaOutdoor roping arenaCustom pipe fencingHay storage areasFeed roomRound pen
- 140 days |
- 715 |
- 36 |
Zillow last checked: 8 hours ago
Listing updated: August 14, 2025 at 05:50pm
Listed by:
Fay Ranches, Inc. 800-238-8616
Source: Oregon Datashare,MLS#: 220207668
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Heating
- Electric, Heat Pump, Propane
Cooling
- Central Air, Heat Pump, Zoned
Appliances
- Included: Instant Hot Water, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Oven, Refrigerator, Tankless Water Heater
Features
- Breakfast Bar, Built-in Features, Ceiling Fan(s), Double Vanity, Granite Counters, Kitchen Island, Linen Closet, Pantry, Primary Downstairs, Shower/Tub Combo, Soaking Tub, Solid Surface Counters, Stone Counters, Tile Shower, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
- Flooring: Carpet, Simulated Wood, Tile
- Windows: Double Pane Windows, Vinyl Frames
- Basement: None
- Has fireplace: Yes
- Fireplace features: Electric, Family Room, Gas
Interior area
- Total structure area: 3,034
- Total interior livable area: 3,034 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached, Driveway, Garage Door Opener, RV Garage
- Attached garage spaces: 4
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Screened, Deck, Patio
- Exterior features: Built-in Barbecue, Outdoor Kitchen, RV Dump, RV Hookup
- Fencing: Cross Fenced,Perimeter,Other,Fenced
- Has view: Yes
- View description: Mountain(s), Panoramic, Pond, Territorial
- Has water view: Yes
- Water view: Pond
- Waterfront features: Pond
Lot
- Size: 35.21 Acres
- Features: Adjoins Public Lands, Drip System, Landscaped, Pasture, Rock Outcropping, Sprinkler Timer(s), Sprinklers In Front, Sprinklers In Rear, Water Feature
Details
- Additional structures: Animal Stall(s), Arena, Barn(s), Corral(s), Covered Arena, Kennel/Dog Run, Second Garage, Shed(s), Stable(s), Storage, Workshop, Chutes
- Parcel number: 131383
- Zoning description: EFU
- Special conditions: Standard
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Northwest,Ranch
- Property subtype: Farm
Materials
- Frame
- Foundation: Stemwall
- Roof: Composition,Metal
Condition
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Septic Tank, Standard Leach Field
- Water: Cistern, Private, Well
Green energy
- Water conservation: Smart Irrigation
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Bend
Financial & listing details
- Price per square foot: $1,828/sqft
- Tax assessed value: $3,074,660
- Annual tax amount: $12,147
- Date on market: 8/14/2025
- Cumulative days on market: 140 days
- Listing terms: Cash
- Inclusions: See list in documents
- Exclusions: See list in documents
- Has irrigation water rights: Yes
- Road surface type: Gravel, Paved
Estimated market value
$5,025,100
$4.77M - $5.28M
$6,814/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2025 | Listed for sale | $5,545,000+270.9%$1,828/sqft |
Source:  Oregon Datashare #220207668 Report a problem | ||
| 11/24/2020 | Sold | $1,495,000-8%$493/sqft |
Source: Oregon Datashare #220108587 Report a problem | ||
| 4/29/2020 | Price change | $1,625,000-4.2%$536/sqft |
Source: RE/MAX Out West Realty LLC #201910057 Report a problem | ||
| 11/1/2019 | Listed for sale | $1,695,500$559/sqft |
Source: RE/MAX Out West Realty LLC #201910057 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,728 +4.8% | $943,543 +2.9% |
| 2024 | $12,147 +1.8% | $916,533 +6% |
| 2023 | $11,935 +5.7% | $864,853 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$31,125/mo
Principal & interest
$26550
Property taxes
$2634
Home insurance
$1941
Climate risks
Neighborhood: 97703
Nearby schools
GreatSchools rating
- 8/10Tumalo Community SchoolGrades: K-5Distance: 4.3 mi
- 5/10Obsidian Middle SchoolGrades: 6-8Distance: 8.8 mi
- 7/10Ridgeview High SchoolGrades: 9-12Distance: 6.5 mi
Schools provided by the listing agent
- Elementary: Tumalo Community School
- Middle: Obsidian Middle
- High: Ridgeview 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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