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About this home
A truly remarkable property that could be the daydream of any horse enthusiast, Horseman's Dream of Central Oregon, is as advertised. This 35.21± acre estate backs up to Bureau of Land Management (BLM) land in one of Oregon's most desirable rural areas, Tumalo. This property is designed to leave nothing to be desired, boasting a 3,000± square foot, five-bedroom, five-bathroom home with a covered outdoor patio and double garage. Additionally, it has a recently built (2021) office/hobby building with a fully covered and screened outdoor kitchen. Both dwellings have been recently built or remodeled with impeccable care.This is the horseman's dream. The recently built (2021) indoor arena with eight stalls (with runs), washroom, tackroom, multiple hay storage, automatic watering system, and endless details will make your days with the ponies much easier. Add to that a trail course, Priefert hot walker, outdoor roping arena, all custom pipe fencing, irrigated pastures, automatic waters, and a round pen, and you will be hard pressed to find an amenity needed for equine activity. Additionally, those who love to work a cow or two will see the small feedlot as an excellent addition for those working cow horses, or those who want to spread their livestock investment.Now, this "dream" happens not only in vibrant Central Oregon but also in the small rural community of Tumalo. Located between the cities of Bend, Redmond, and Sisters, Tumalo is renowned for its close-knit community, small farms, and horse properties. Many find that Tumalo offers the best balance between country living and proximity to Bend's economic/cultural center. If you dream about spending your days around spoiled ponies, riding out of the weather, having room for your family and friends, we have that dream.
Median list price in this area is $656,863. (87% lower than this home)
PRICE DROP
2 price drops
29% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Garage door opener
Built-in sound system
Tile flooring
Double pane windows with vinyl frames
Two propane fireplaces
Bedrooms
Primary bedroom on main level
Second bedroom
Third bedroom
Bathrooms
Five full bathrooms (four on main level, one on upper level)
Kitchen
Cooktop
Induction cooktop
Double oven
Microwave
Kitchen island
Pantry
Quartz and granite solid surface countertops
Stainless steel appliances
Laundry & utility
Laundry area
Flooring
Tile floors
Heating & cooling
Ductless heating
Forced air heating
Heat pump
Central air conditioning
Exterior features
Composition and metal roofs
Lap siding exterior
Covered patio and covered porch
Patio
Outdoor fireplace and fire pit
Built-in barbecue
Yard with pond
Fenced and cross-fenced pasture
Irrigated land with irrigation equipment
Gated access
RV hookup and RV/boat storage
RV parking
Second garage
Outbuildings, workshop, and guest quarters
Water feature
Corral(s)
Arena and covered arena
Barn(s)
Home design
Single-family residence (resale)
Views of mountains and territorial
Parking
Covered parking and RV access/parking
RV hookup
Attached and detached oversized garages (4 garage spaces)
Total parking for four vehicles
Security
Security gate
Security lights (on certain outbuildings)
Construction
Main house built in 1973
Other structures include garages, office (hobby building), and covered arena built in 2021
Other structures with frame and lap siding or board & batten siding and pole construction
Stem wall foundation
Utilities
Cistern and well water sources
Septic tank (standard septic)
Electricity and propane available
Other
Property is classified as farm
Lot is approximately 35.21 acres (20 to 49.99 acres)
Lot features include pasture and pond; road surfaces are gravel and paved
Water rights include 14.6 acres of groundwater rights and approximately 4 acres of TID rights; irrigation delivery by pump with solid set and wheel line systems; pump located on the property; water rights usable for agriculture and livestock from ditch and well; well is drilled and system is pressurized
Electricity and solar
View estimated energy costs and solar savings for 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.
MLSCO #220213779
May 27, 2026
Price Changed
$4,995,000
$1,646/sq ft
Apr 22, 2026
Price Changed
$5,200,000
$1,714/sq ft
Aug 14, 2025
Listed
$5,545,000
$1,828/sq ft
+65
RMLS #756904191
May 27, 2026
Price Changed
$4,995,000
$1,646/sq ft
Apr 22, 2026
Price Changed
$5,200,000
$1,714/sq ft
Aug 14, 2025
Listed
$5,545,000
$1,828/sq ft
MLSCO #220108587
Nov 24, 2020
Sold
$1,495,000
$493/sq ft
Oct 16, 2020
Pending
—
Sep 14, 2020
Relisted
—
Sep 6, 2020
Pending
—
Sep 4, 2020
Listed
$1,595,000
$526/sq ft
MLSCO #201910057
May 31, 2020
Listing Removed
—
Apr 29, 2020
Price Changed
$1,625,000
$536/sq ft
Nov 1, 2019
Listed
$1,695,500
$559/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$12,728 (+8.0%)
2024
$11,783
Public record
Public record
Permits
Beds
5
Baths
5
Stories
2
Lot width
—
Lot depth
—
Lot size
35.21 Acres
Year renovated
—
Finished Sq. Ft.
1,862
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,862
Year built
2021
Style
Ranch
County
Deschutes County
APN
131383
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 13, 2026.
Jul 9, 2021 • Final
Residential plumbing
Construct a hobby office and garage shop space.
Plumbing
Jul 9, 2021 • Final
Residential electrical
Construct a hobby office and garage shop space.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
5% chance of being in a wildfire in next 30 years
3/10 Heat Factor
7 days above 92° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
23 unhealthy days expected this year, 26 days in 30 years
Provided by First Street
Historical weather
Bend, OR • 97703
Average low and high temperatures (°F)
43
27
46
27
55
34
61
34
70
41
78
47
86
55
85
55
79
49
62
38
49
34
46
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
97/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 8% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.3 hrs
6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 66505 Gerking Market Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $945,000 and $2,750,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $945K to $2.8M.