Last Sold Price
217,800 Lot Size5 Acres
Rainbow Rd, Terrebonne, OR 97760

Description

Here's your chance! Develop your dream property on a private, 5 acre parcel. Land is level, cleared of many rocks, & mature trees trimmed up to create a park like setting. Peek-a-boo views of Cascades from a single level, better view from second story. Wells in the area from 160-360'. Approved for standard septic. Driveway easement means that you are completely off the road. Possible home site cleared. Enjoy all ranch amenities and everything central Oregon offers. Owner is license realtor.Here's your chance! Develop your dream property on a private, 5 acre parcel. Land is level, cleared of many rocks, & mature trees trimmed up to create a park like setting. Peek-a-boo views of Cascades from a single level, better view from second story. Wells in the area from 160-360'. Approved for standard septic. Driveway easement means that you are completely off the road. Possible home site cleared. Enjoy all ranch amenities and everything central Oregon offers. Owner is license realtor.
LISTING CLOSED: 08/12/2021 12:00 AM

  1. Listed by Deanna Lyda • Premiere Property Group, LLC

Property Details for Rainbow Road

Status
MLS #
21210683
Days on Market
4
Taxes
$234 / year
HOA Fees
$490 / year
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Single Family Residence
Year Built
-
Lot Size
5.00 AC
Zoning
CRRR
View
Mountain, Trees Woods

Recent comparable sales

Median sold price

$217,000

Avg days on market

108

Sale-to-list ratio

93.9%

Terrebonne, OR

9 comparable properties found

a view of a backyard with plants and large tree
1/29
1

$265,000

Sold 01/09/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5.23
Acres
a view of a small yard
1/17
2

$204,000

Sold 01/02/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5.2
Acres
a view of a yard with a tree
1/20
3

$220,000

Sold 06/29/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
6.55
Acres
$218,000 | 6313 Buckskin Lane, Terrebonne, OR 97760
1/2
4

$218,000

Sold 04/11/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5.02
Acres
$200,000 | 15055 Rainbow Road, Terrebonne, OR 97760
1/26
5

$200,000

Sold 09/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5.39
Acres
an aerial view of a house
1/40
6

$204,000

Sold 12/27/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5.2
Acres
a view of a house and a yard
1/6
7

$217,000

Sold 04/30/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5.15
Acres
$185,000 | 24 24-cascade View Place, Terrebonne, OR 97760
1/3
8

$185,000

Sold 10/31/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.01
Acres
a view of balcony with furniture
1/48
9

$300,000

Sold 06/08/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
6.43
Acres

Location

Listing Courtesy of Premiere Property Group, LLC

Sold By Non Rmls Broker

Add your commute

Building Information for Rainbow Road

Building Size-Lot Size5.00 AC

Payment Calculator

$1,280 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,219

Property Taxes

$20

HOA Dues

$41

The Payment Calculator is for illustrative purposes only.

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Property Information for Rainbow Road

Summary
Location and General Information
  • Country: US
  • Directions: Quail
School Information
  • Elementary School: Terrebonne
  • High School: Redmond
  • Middle Or Junior School: Elton Gregory
Parking
  • Attached Garage: No
Taxes and HOA
  • CC and R Y/N: Yes
  • FIRPTA: No
  • HOA Y/N: Yes
  • Manufactured Home Allowed Y/N: Yes
  • Tax Year: 2020
  • Tax Deferral: No
  • Tax Annual Amount: $233.99
  • Parcel Number: 7590
  • Association Fee: $490.00
  • Association Fee Frequency: Annually
  • Tax Legal Description: 2-37-3&4
Virtual Tour
  • Video Virtual Tour 1 Y/N: No
  • Video Virtual Tour 2 Y/N: No
Property
Lot Information
  • Acres: 5.0
  • Lot Description: Private, Trees
  • Lot Size Square Feet: 217800.0
  • Land Description: Level
  • Lot Size Range: Acres5to7
  • Lot Size: 5 to 6.99 Acres
Property and Assessments
  • Property Sub Type: Single Family Residence
  • Property Type: Land
  • Perc Test Y/N: Yes
  • Perc Test Description: Approved
  • Property Attached: No
Utilities
  • Utilities: Electricity Available, Septic Site Approved
Green Features
  • Green Certification: No
Interior and Exterior Features
Exterior Features
  • Existing Structures Y/N: No
  • Soil Condition: Native
Interior Features
  • View Y/N: Yes
  • Cooling: No
  • Heating: No
Amenities
Amenities Information
  • Association Amenities: Athletic Court, Management, Meeting Room, Pool, Recreation Facilities, Road Maintenance, Tennis Court

Schools near Rainbow Road

This home is within Redmond School District 2j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Terrebonne Community School
PublicK to 5

Elton Gregory Middle School
Public6 to 8

Redmond High School
Public9 to 12

Deschutes Edge Charter School
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: Rainbow Road, Terrebonne, OR 97760
$239,900
217,800
$239,900
3
2
1,830
217,800
$115,000
214,750
$132,000
2
1,403
227,383
$179,900
2
1,921
203,861
$555,000
3
1,404
255,697

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Premiere Property Group, LLC

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 04/25/2023 06:03 PM