Price cut $263K
$4,987,000
1/55 BD · 4.5 BA · 4,272 SF · 1.53 AC
56680 Lunar Drive
Bend, OR 97707
#220224796 01 / 69
For sale Price cut $550K on May 27Waterfront
$4,995,000
66505 Gerking Market Road
Bend, OR 97703 · N/A
- Beds
- 5
- Baths
- 5
- Sq ft
- 3,034
- Acres
- 35.2
- Built
- 1973
- $/SF
- $1646
Est. $28,191/mo~24 min to downtown Bend (approx.)
Listing by Fay Ranches, Inc. · 800-238-8616
MLS# 220213779 · Active
01
About this home
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 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. Come and see the dream.
02
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03
Price history
Cut $550K| Date | Event | Price |
|---|---|---|
| May 27, 2026 | Price cut−$550,000 (9.9%) | $4,995,000 |
| Jan 14, 2026 | Listed for sale | $5,545,000 |
From the MLS: original list price and latest price change. 265 days on market.
04
Drive times
~24 min to downtown Bend- Redmond Airport (RDM)~23 min · 13.1 mi
- Downtown Bend~24 min · 14 mi
- St. Charles Bend~24 min · 13.7 mi
- Old Mill District~25 min · 15 mi
- Sisters~25 min · 14.9 mi
- Smith Rock State Park~30 min · 19.2 mi
- Mt. Bachelor~43 min · 30.5 mi
- Sunriver Village~43 min · 30.7 mi
Approx. Straight-line distance × 1.3 for roads, at in-town and highway speeds. No traffic, snow, or Hwy 97 construction. Ask Cody about real commute times.
05
Facts & features
Built 1973- Type
- Single Family Residence
- Year built
- 1973
- Stories
- 2
- Garage
- 4 spaces
- Lot
- 35.2 AC · 1,533,748 SF
- Price / SF
- $1,646
- HOA
- None reported
- Taxes
- $12,728/yr
- Subdivision
- N/A
- County
- Deschutes
- Days on market
- 265
- MLS #
- 220213779
- Interior
- Breakfast Bar · Built-in Features · Ceiling Fan(s) · Double Vanity · Granite Counters · Kitchen Island · Pantry · Stone Counters · Vaulted Ceiling(s) · Walk-In Closet(s) · Wet Bar · Solid Surface Counters · Shower/Tub Combo · Tile Shower
- Appliances
- Cooktop · Dishwasher · Disposal · Double Oven · Dryer · Microwave · Oven · Refrigerator · Water Heater · Instant Hot Water
- Flooring
- Hardwood · Stone · Tile
- Heating
- Ductless · Electric · Forced Air · Heat Pump · Propane · Zoned
- Cooling
- Central Air · Heat Pump · Zoned
- Fireplace
- Electric · Primary Bedroom
- Exterior
- Built-in Barbecue · Dock · Outdoor Kitchen · RV Hookup
- Parking
- Asphalt · Attached · Concrete · Driveway · Garage Door Opener · Gated · RV Garage
- View
- Panoramic · Pond · Territorial · Cascade Mountains
- Lot
- Landscaped · Pasture · Rock Outcropping · Sprinklers In Front · Sprinklers In Rear · Smart Irrigation · Sprinkler Timer(s) · Xeriscape Landscape · Drip System · Adjoins Public Lands · Fenced · Water Feature
- Construction
- Frame
- Roof
- Composition · Metal
06
Location & schools
N/A44.2123° N · 121.3457° W
Directions- Elementary
- Tumalo Community School
- Middle
- Obsidian Middle
- High
- Ridgeview High
Assignments come from the listing broker and boundaries change. Verify with the school district before you count on them.
07
Monthly payment
$28,191/mo$28,191/mo
$3,996,000 loan · 30 yr fixed · 6.5%
- Principal & interest
- $25,257
- Property tax (listing)
- $1,061
- Home insurance (est.)
- $1,873
20% · $999,000
6.500%
Loan term
Estimate only. Taxes use the listing's reported amount when there is one; insurance is approximated. A lender can give you an exact number.
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#220223467Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 1:01 PM.
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