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Unique, Investment opportunity on the Dry Canyon area of Redmond with mountain views! Corner lot, 2618 sqft home with 4 bedrooms, large basement with a lot of potential to do a complete remodel. This home will require CASH OR REHAB LOAN purchase and is being sold As-Is. May be potential to add ADU and/or have a multiplex on this property with conditional uses approval. Buyer to do ALL do diligence on ability to develop property as well as verify all property lines. This is a family trust situation where as no trespassing signs are currently on property while it is being cleaned up.
A rough estimate, not a quote. Loan amount $336,000 · $84,000 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
0.25 acres on the county assessor’s map, tax lot 151309CA00400 · County record
Lot lines come from the county assessor’s tax maps. They show the recorded shape of a parcel, not a survey, and they are not a legal boundary. Order a survey before you rely on a line.
0.25 acres on the county assessor's map. Tax lot 151309CA00400, Deschutes County Assessor's Office. Lot lines come from the county assessor’s tax maps. They show the recorded shape of a parcel, not a survey, and they are not a legal boundary. Order a survey before you rely on a line. Roads, rivers and lakes: US Census TIGER/Line 2024, drawn in this map's own projection.
296 listings of every type for sale, 119 pending, 67 sold in the last 30 days. Tap a place for its numbers, or slide the price.
In Redmond, at the center of the Central Oregon High Desert.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share inside the recorded boundary of Redmond, plus the closes of the last 30 days. Counts and medians cover every listing read for this map. The map outlines 62 of the 543 places with a recorded boundary here; listings outside an outline are counted and drawn as dots with no outline to tap. Roads, rivers and lakes: US Census TIGER/Line 2024, drawn in this map's own projection.
| Date | Event | Price |
|---|---|---|
| Jul 10, 2025 | Price drop | $400,000$20K down |
| Jun 13, 2025 | Listed | $420,000 |
$297 per sq ft
26 days on market. Redmond median to pending is 27 days.
Tax $3,303 per year.
The full analysis names every comparable sale and shows the adjustment we made for each one.
Listing fields from Spark. Place median from the live pulse. This is an estimate, not an appraisal. It is not a guarantee of price. See our terms.
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Monthly cash flow, cap rate, and cash-on-cash return at this price. Adjust the numbers to your own financing and rent.
Estimate $2,799 ($2,525–$3,225) · HUD Fair Market Rent (FY2025), Deschutes County, 4BR. Edit to your own number.
At $420,000 with 20% down, this property runs $472 per month negative. Adjust the price, down payment, or rent to find what works.
Estimates only, not investment advice or a guarantee of rent, value, or return. Figures depend on the numbers you enter and current market conditions. Verify with your lender, tax advisor, and a Ryan Realty broker before you rely on them.
Listing courtesy of Stellar Realty Northwest, agent Angie Arnett, 541-508-3148
Data last updated September 2, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
Median close price $528,000 in Aug 2026, down 7.7% from Aug 2025.
Sep 2024 to Aug 2026 (24 months) · Market Truth leftover, Redmond city, monthly median close. Completed months only.
This home is listed at $420,000, 30.0% below the Redmond median list price. See full Redmond market →