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11311 S Cornett Loop, Powell Butte, OR 97753

$6,999,000
Property Type: Farm Bedrooms: 3 Baths: 2 Square Footage: 1,623 Lot Size (sq. ft.): 39,092,922 Status: Closed
Current Price: $6,999,000 List Date: 2/01/2022 Last Modified: 2/10/2026

Description

This first-class equestrian property, cattle ranch, & hay operation is located less than an hour from Bend. The ranch includes an impressive 81,600± square foot equestrian facility, a horse lover's dream! Complete with 117 horse stalls, two indoor arenas, an office, three large tack rooms, spectator judging areas, a studio apartment, restrooms, built-in waterers, stainless steel stall fronts, concrete alleyways, & two wash rack facilities. In addition, there is an outdoor cutting arena, a heated mare barn with 36 stalls, several farm buildings, & 24 RV hook-ups. This ranch boasts excellent irrigated hay lands, with 311.3± acres of owned & leased water rights via 4 half pivots and 2 full pivots. This fertile ground has a history of producing top-quality alfalfa & hay. In addition to these fertile irrigated fields, there is plenty of rangeland pasture, including a small BLM pasture lease. There is a modest three-bedroom/two-bathroom historically been used as a farmhand dwelling.

Supplements: ********

More Information MLS# 220138243

Location, Tax, and Legal

Cross Street: Serrano Lane Section: SW Parcel Number: 19620 Lot Size Acres: 897.45 Lot Size Square Feet: 39092922 Additional Parcels YN: Yes Additional Parcels Description: 1415310000205, 1415000000700, 1414000001405

Contract Information

List Price per SqFt: 4312.38 Projected Active Date: 2022-02-01 Original List Price: 6999000 Current Price: $6,999,000 Status: Closed Sold Price: $6,999,000 Listing Contract Date: 2022-01-18

General Property Information

Bathrooms Half: 0 Garage YN: Yes Garage Spaces: 2 Total Living Area SqFt: 1623 Main House SqFt: 1623 SqFt Source: Assessor Accessory Dwelling Unit YN: No Rented YN: No New Construction YN: No Elementary School: Powell Butte Elementary Middle Or Junior School: Crook County Middle High School: Crook County High Zoning: EFU3 Tax Annual Amount: 19054.69 Tax Year: 2021 Potential Tax Liability YN: Yes Irrigation Water Rights YN: Yes Irrigation District: Central Oregon CC&R's YN: No Horse Property YN: Yes Preferred Escrow Company & Officer: Western Title - Prineville Crops Included YN: No FIRPTA YN: No Sign On Property YN: No Bedrooms Total: 3 Bathrooms Total: 2 Bathrooms Full: 2 Year Built: 1970

Remarks and Miscellaneous

Public Remarks: This first-class equestrian property, cattle ranch, & hay operation is located less than an hour from Bend. The ranch includes an impressive 81,600± square foot equestrian facility, a horse lover's dream! Complete with 117 horse stalls, two indoor arenas, an office, three large tack rooms, spectator judging areas, a studio apartment, restrooms, built-in waterers, stainless steel stall fronts, concrete alleyways, & two wash rack facilities. In addition, there is an outdoor cutting arena, a heated mare barn with 36 stalls, several farm buildings, & 24 RV hook-ups. This ranch boasts excellent irrigated hay lands, with 311.3± acres of owned & leased water rights via 4 half pivots and 2 full pivots. This fertile ground has a history of producing top-quality alfalfa & hay. In addition to these fertile irrigated fields, there is plenty of rangeland pasture, including a small BLM pasture lease. There is a modest three-bedroom/two-bathroom historically been used as a farmhand dwelling.

Status Change Information

Sold Price per SqFt: 4312.38 Close Date: 2022-11-09 Under Contract Date: 2022-04-17 Status Change Timestamp: 2022-11-14 Close Price: 6999000

Basement

None: 1

Architectural Style

Ranch: 1

Current Use

Agricultural: 1 Ranch: 1

Cooling

None: 1

Construction Materials

Frame: 1

Flooring

Other: 1

Listing Terms

Cash: 1

Foundation Details

Stemwall: 1

Heating

Other: 1

Grazing Permits

BLM: 1

Irrigation Distribution

Center Pivot: 1

Levels

One: 1

Irrigation Source

District: 1 On Site Well: 1

Lot Features

Adjoins Public Lands: 1

Roof

Composition: 1

Rooms

Kitchen: 1 Living Room: 1 Primary Bedroom: 1

Other Structures

Animal Stall(s): 1 Arena: 1 Barn(s): 1 Corral(s): 1 Covered Arena: 1 Scales: 1 Shed(s): 1 Storage: 1

View

Cascade Mountains: 1 Mountain(s): 1

Parking Features

Attached: 1 Driveway: 1 RV Access/Parking: 1

Sewer

Septic Tank: 1

Utilities

Electricity Connected: 1

Water Source

Well: 1

Special Listing Conditions

Standard: 1

Water Rights Type

Permitted: 1

Location Tax and Legal

Street Number: 11311 Street Dir Prefix: S Street Name: Cornett Street Suffix: Loop County: Crook State: OR Postal Code: 97753 Subdivision Name: N/A

Property Features

Architectural Style: Ranch Basement: None Construction Materials: Frame Cooling: None Flooring: Other Foundation Details: Stemwall Heating: Other Levels: One Roof: Composition Rooms: Kitchen; Living Room; Primary Bedroom Current Use: Agricultural; Ranch Grazing Permits: BLM Irrigation Distribution: Center Pivot Irrigation Source: District; On Site Well Utilities: Electricity Connected Lot Features: Adjoins Public Lands Other Structures: Animal Stall(s); Arena; Barn(s); Corral(s); Covered Arena; Scales; Shed(s); Storage Parking Features: Attached; Driveway; RV Access/Parking View: Cascade Mountains; Mountain(s) Water Rights Type: Permitted Sewer: Septic Tank Water Source: Well Listing Terms: Cash Special Listing Conditions: Standard
Listing Office: Fay Ranches, Inc.
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.