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, wash stall, tack room, 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.:
Single Family Residence
Built in 1973
35.21 Acres Lot
$5,030,300 Zestimate®
$1,828/sqft
$-- HOA
What's special
Outdoor roping arenaCustom pipe fencingFeed roomTack roomRound penLuxury finishesAutomatic waterers
- 248 days |
- 716 |
- 39 |
Zillow last checked:
Listing updated:
Listed by:
Fay Ranches, Inc. 800-238-8616
Source: Oregon Datashare,MLS#: 220213779
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Heating
- Ductless, Electric, Forced Air, Heat Pump, Propane, Zoned
Cooling
- Central Air, Heat Pump, Zoned
Appliances
- Included: Instant Hot Water, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Oven, Refrigerator, Water Heater
Features
- Breakfast Bar, Built-in Features, Ceiling Fan(s), Double Vanity, Granite Counters, Kitchen Island, Pantry, Primary Downstairs, Shower/Tub Combo, Solid Surface Counters, Stone Counters, Tile Shower, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
- Flooring: Hardwood, Stone, Tile
- Windows: Double Pane Windows
- Basement: None
- Has fireplace: Yes
- Fireplace features: Electric, Primary Bedroom
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,034
- Total interior livable area: 3,034 sqft
Property
Parking
- Total spaces: 4
- Parking features: Asphalt, Attached, Concrete, Driveway, Garage Door Opener, Gated, RV Garage
- Attached garage spaces: 4
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Patio, Rear Porch, Screened
- Exterior features: Built-in Barbecue, Dock, Outdoor Kitchen, RV Hookup
- Fencing: 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, Shed(s), Stable(s), Storage, Workshop, Other
- 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: Single Family Residence
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, Water-Smart Landscaping
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Bend
Financial & listing details
- Price per square foot: $1,828/sqft
- Tax assessed value: $3,074,660
- Annual tax amount: $12,728
- Date on market: 1/15/2026
- Cumulative days on market: 248 days
- Listing terms: Cash,Conventional
- Exclusions: Sellers Personal Property
- Has irrigation water rights: Yes
- Road surface type: Gravel, Paved
Estimated market value
$5,030,300
$4.78M - $5.33M
$5,795/mo
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
| 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 |
| 2022 | $11,294 +185.8% | $864,853 +193.6% |
| 2021 | $3,952 | $294,563 |
| 2020 | -- | $294,563 +15.9% |
| 2019 | $3,646 | $254,213 |
| 2018 | $3,646 +12% | $254,213 +2.9% |
| 2017 | $3,256 +16.6% | $247,163 +10.1% |
| 2016 | $2,792 | $224,412 -0.2% |
| 2015 | $2,792 +1% | $224,930 +2.8% |
| 2014 | $2,765 | $218,701 +2.9% |
| 2013 | -- | $212,456 +2.9% |
| 2012 | -- | $206,386 -0.6% |
| 2011 | -- | $207,714 +2.9% |
| 2010 | -- | $201,787 +2.9% |
| 2009 | -- | $196,027 +2.9% |
| 2008 | -- | $190,443 |
Find assessor info on the county website
Monthly payment
Est. payment
$31,229/mo
Principal & interest
$28595
Property taxes
$2634
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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.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Deschutes County
- Bend
- 97703
- 66505 Gerking Market Rd
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