±1,099 Acres

Deschutes County, Oregon

List Price: $7,500,000

Brought to you by Mason Morse Ranch Company


Spectre Ranch is 1,099 deeded acres of recreational range and timber lands with Paulina Creek flowing through plus views of Panoramic Cascade Mountain and Paulina Peak. The ranch has direct stream diversion water rights to irrigation 410+/- acres of pasture land including 3,780+/-acre-feet of storage in Paulina Lake. Spectre Ranch distinguishes itself from other central Oregon Ranches with it’s mountain views and close proximity to Bend. There is also 11 tax lots with significant value-added development potential.


The Spectre Ranch is located on Paulina Creek, approximately 25 miles south of Bend, Oregon. State Highway 97 borders the western boundary of the Ranch and provides excellent year round access.


The dominate features of the property include stunning views of Paulina Peak and the surrounding Deschutes National Forest. To the west, views sweep across the Cascade Mountains, including the Mt Bachelor, the Three Sisters and Broken Top Mountains. With close access to Newberry National Monument recreation area, the ranch offers endless recreational opportunities.

The majority of the property is a combination of timber land and irrigated pastures with some sub-irrigated pastures in the Paulina Prairie flood plain. The property is primarily flat, gently sloping north and south boundaries along the creek. The flood plain area along the creek is developed pasture and farm land.


Spectre Ranch has some of the oldest water rights in the Deschutes Basin, dating back to 1899. Many water resource experts advise the ranch’s water rights are some of the most valuable water rights in the Basin, because the ranch has senior rights to divert irrigation water directly from Paulina Creek and approximately 3,780 acre-feet of stored water in Paulina Lake. The ranch controls the Dam which backs up water in Paulina Lake, thereby controlling the top 2.75ft of water stored across the entire lake. Late season creek and irrigation flows are maintained from the stored water in Paulina Lake.

Detailed information pertaining to the water rights can be obtained by contacting the OWRD District No. 11 Water Master, Jeremy Giffin, in South Central Office at (541) 306-6885.

Co-listed with Jake Polvi 541-410-3050, jake@polvi.net.

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