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44335 Crater Lake Highway, Prospect, OR 97536

$2,500,000
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Property Description

Exceptional estate on 95 acres with 2 homes, bunkhouse, office/shop/covered storage, barn/paddock, A-frame cabin, numerous camping locations & a spring-fed lake & pond that provide a natural irrigation source. A unique property perfect for multi-family or multigenerational living w/unlimited income producing potential. The Craftsman-style main residence features 3 beds, 2.5 baths w/a wood burning fireplace & custom finishes throughout. The 2nd residence includes 3 beds, 2 baths plus a wraparound deck. Both overlooking the south facing meadows & surrounding mountains. Bunkhouse w/a game/activity room & self-contained studio unit. A magical setting w/abundant natural resources including fertile soil & timber provide the opportunity for gardening, livestock, farming & sustainable living. Enjoy numerous walking & horseback trails in addition to the high producing well & generator for peace of mind & greater self-sufficiency. The Katydid ranch offers a rare chance to own a piece of history!

44335 Crater Lake Highway | MLS# 220209095

This single family home located at 44335 Crater Lake Highway, Prospect, OR 97536 is currently listed for sale with an asking price of $2,500,000. This property was built in 1933 and has 7 bedrooms and 5 full and 1 partial baths with 5400 sq. ft. Search Prospect real estate on lizshatterly.bendpremierrealestate.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Ductless, Central Air, Other
Garage: 2 car attached
Heating: Fireplace(s), Ductless, Electric, Geothermal, Heat Pum
Home Style: A-Frame, Craftsman, Northwest
Lot Size: 95.46 Acres
Roof Type: Composition, Metal, Shake
Stories: 2.0
Taxes: $4,831
Year Built: 1933
Square Feet: 5,400

Feature Descriptions

Exterior: Frame
Sewer: Septic Tank
Special View Info: Cascade Mountains, Creek/Stream, Forest, Mountain(s),

Listed By / Shown By

Listed By

Agency Name: John L. Scott Medford

Shown By

Agent Name: Liz Shatterly, Broker, ABR, PSA, SFR
Agent Phone: (541) 350-4136
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 13,773.11 per month $12,641.36 Principal & Interest $402.58 Property Tax $729.17 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/02/2026. The listing information on this page last changed on 09/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 09/02/2026 12:31:02 AM EST) or RMLS (last updated Wed 09/02/2026 12:30:20 AM EST) or COAR/MLSCO (last updated Wed 09/02/2026 12:21:15 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Agent License Information: 200705274

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