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Oregon Estate Overlooking Volcanic Peaks Asks $15.9 Million

By Libertina Brandt June 28, 2023 4:25 pm ET Be the first to know about the biggest and best luxury home sales and listings by signing up for our Mansion Deals email alert. In the early 2000s, cabinetmaker Craig Mannhalter was living in California’s San Jose area with his wife and young child when they decided to look at properties in more-affordable central Oregon. “My wife was pregnant with our second, and she wanted to be able to stay home with the kids,” he said.  Mannhalter’s mother, aunt and sister were also interested in moving, so they decided to look at Oregon homes together. The group ended up purchasing an 84-acre property for about $1 million just outside of the small

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Oregon Estate Overlooking Volcanic Peaks Asks $15.9 Million

Be the first to know about the biggest and best luxury home sales and listings by signing up for our Mansion Deals email alert.

In the early 2000s, cabinetmaker Craig Mannhalter was living in California’s San Jose area with his wife and young child when they decided to look at properties in more-affordable central Oregon. “My wife was pregnant with our second, and she wanted to be able to stay home with the kids,” he said. 

Mannhalter’s mother, aunt and sister were also interested in moving, so they decided to look at Oregon homes together. The group ended up purchasing an 84-acre property for about $1 million just outside of the small city of Sisters. 

Now the family affair is coming to an end. The group is listing the bulk of the property—which includes 67 acres and three homes—for $15.9 million. Mannhalter’s sister and brother-in-law, Lori and Ron Steinthal, have taken ownership of the remaining roughly 17 acres and will continue living in the home they built on it, Mannhalter said. 

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Located about 20 miles from Bend, the offering includes an approximately 5,000-square-foot, Mediterranean-style house belonging to Mannhalter’s aunt, Kathleen Russell, plus the two roughly 2,000-square-foot homes of Mannhalter and his mother. The property overlooks volcanic peaks called the Three Sisters and runs adjacent to the Camp Polk Meadow Preserve. 

The family had visited Oregon before buying there, according to Mannhalter. “We came across this property and it fit us perfectly because of the amount of building sites,” he said. 

When the family bought the land, it came with two manufactured homes that they lived in while their new houses were being built. Most of the property has been left in its natural wooded state, according to listing agent Sam Real with Engel & Völkers Bend, who is Russell’s son. The family enjoys fishing along a creek that runs through the property, Mannhalter said, and observing wildlife such as deer, otters, turkeys and bobcats. 

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 “The houses are spaced in such a way that you have your own privacy, but I can walk over to my mom or my aunt’s house, literally walk there, in less than five minutes,” Mannhalter said. “One of the nice things is if one of us is traveling, the other is keeping an eye on the house or the pets.”

Mannhalter said he and his wife decided to sell because their children are in college and they are looking for their next adventure. His mother plans to move with them, he said, and Russell is planning to move closer to Real in Bend. As for the Steinthals, “they love it so they are going to stay,” Real said.

The compound will be among the most expensive listings in Deschutes County, according to Real. The estate is somewhat unusual because most properties of this size in central Oregon are working ranches, he said. One of the county’s most expensive home sales was a $12 million deal in 2020, Real said. 

Write to Libertina Brandt at [email protected]

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