Rare opportunity to own a productive Central Oregon ranch encompassing 118.19 deeded acres plus a 7,500+/- acre BLM grazing permit. With 85.5 acres of water rights, irrigated meadows, ponds, perimeter fencing and cross-fencing, this working ranch comfortably supports 95-100 head of cattle. The recently updated single-level ranch home offers 3 bedrooms, 2 baths, 1,830 sq ft, overlooking lush meadows and stunning surrounding buttes. Improvements include a 2,016 sq ft shop with living quarters, barn, corrals, arena, ponds and storage building. An updated manufactured home provides additional housing and includes a permit to be replaced with a stick-built residence. Enjoy a private, secluded ranch setting with breathtaking views while remaining centrally located between Bend, Redmond, and Prineville. A turnkey cattle operation offering exceptional grazing, water resources, and the best of the Central Oregon ranch lifestyle.