Updated Apr 17, 2026
R&R Ranch Equestrian Estate In Sisters Oregon Sold For $15.6 Million With Brokers Steve LaCrosse & Erin Martin
16400 Jordan Road
$15,600,000
$1,063/SF
Building Size
14,666 SF
Asset Type
Single Family
Closing
Apr 13, 2026
About this deal
AI
A nearly 189-acre equestrian estate located at 16400 Jordan Road in Sisters, Oregon, sold for $15.6 million. The property features a total of 14,666 square feet and has a price per square foot of $1,064. It was originally listed at $19.5 million before being reduced to approximately $17.5 million prior to the sale.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $15,600,000
- Address: 16400 Jordan Road
- Market: Sisters, OR
- Acres: 189
- Square Footage: 14,666
- Price per Square Foot: $1,064
The transaction involved brokers Steve LaCrosse and Erin Martin, both representing Ladd Group in this sale, highlighting the expertise behind the successful brokerage of this high-value property.
Players
Sisters Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.02%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93