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    22500 Alfalfa Market Rd Bend, OR 97701

    For Sale
    $1,950,000

    Ranch, Farm - Bend, OR

    Type:Farm
    Property size:
    2,176 SF
    Lot size:
    19.72 Acres
    Days on Market:
    91
    Last Refresh:
    Dec 14 at 8:06 pm

    Property Features for 22500 Alfalfa Market Rd

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    Zoning
    EFU, AS
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Dining Room, Kitchen, Laundry, Living Room, Office
    Bedrooms
    2
    Bathrooms
    2
    APN
    109366
    Parking features
    Driveway, Garage, Heated, Workshop
    Interior features
    Built-in Features, Ceiling Fan(s), Fiberglass Stall Shower, Laminate Counters, Linen Closet, Pantry, Primary Downstairs, Shower/Tub Combo, Tile Counters, Tile Shower, Vaulted Ceiling(s)
    Exterior features
    Spa/Hot Tub
    Appliances
    Dishwasher, Refrigerator, Washer
    Size
    2,176 SF
    Lot size
    19.72 Acres

    Utilities

    Heating system
    Ductless (Heating), Wood (Heating)
    Cooling system
    Ductless
    Water front features
    Creek, Pond

    Building Details

    Year built
    1940
    Floors in Building
    1
    Flooring type
    Carpet, Laminate, Tile
    Building materials
    Frame
    Roof type
    Composition
    Architectural style
    Ranch

    Windermere Central Oregon Real Estate (503) 871-2624 [email protected]

    Listing agent Heather Osgood (541) 388-0404 License #200109045

    Listing date Sep 15, 2025

    MLS# 220206999 Listing URL

    Copyright © 2025 MLS of Central Oregon. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Equestrian Ranch with Income Potential

    This 19.72-acre ranch, located minutes from Bend and bordering BLM land, offers panoramic mountain views and a layout designed for both private enjoyment and professional use. The property includes multiple barns, over 20 run-in stalls, 14 dry lots, and irrigated pasture turnouts. An expansive 120x80 indoor arena features 8 stalls, a heated tack room, wash rack, new LED lighting, and skylights. Additional equestrian amenities include a covered 60' round pen and a 120x84 outdoor arena. The 1940s-built home offers 2 bedrooms, 2 bathrooms, an office, and spacious living areas, along with new paint, flooring, and ductless HVAC/cooling. Two large heated and insulated shops provide parking and workspace. Currently operating as a fully rented boarding facility, this turn-key property is ready to generate income. The zoning is EFU and AS.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Auto Repair Shop Hotel & Motel Accounting Firm Furniture Store Bed & Breakfast Pet Supply Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bend
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.199958
    Latitude
    44.066049

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    FAQs

    What type of property is this?
    Horse & equestrian property - 19.72-acre ranch near Bend, OR, with extensive equestrian facilities.
    Where is this horse & equestrian property located?
    The property is located at 22500 Alfalfa Market Rd Bend, OR.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: - 19.72-acre ranch bordering BLM land with panoramic mountain views and endless trail access.; - Turn-key property currently operating as a fully rented boarding facility, ready to generate income.; - Expansive 120x80 indoor arena with 8 stalls, heated tack room, wash rack, new LED lighting and skylights.
    (541) 388-0404
    Request Owner's contact information
    22500 Alfalfa Market Rd Bend, OR 97701
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    Bend, OR 97701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    22500 Alfalfa Market Rd Bend, OR 97701
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