Set on 5.24 acres in sought-after Equestrian Meadows, this beautifully remodeled ranch property captures the best of Central Oregon living with sweeping views of the Cascade Mountains and iconic Smith Rock. Thoughtfully updated with comfort and style in mind, the home features a desirable main-level primary suite, three bedrooms, three bathrooms, granite countertops, brand-new stainless steel appliances, updated tile bathrooms, two fireplaces, Low-E windows, and a spacious upstairs bonus room. Designed for the equestrian lifestyle, the property includes a three-stall barn, fenced irrigated pasture, two-bay shop, multiple outbuildings, and 5.0 acres of irrigation water rights. A dedicated garden area with greenhouse offers space for seasonal growing, while the expansive acreage provides opportunities for horses, livestock, hobbies, and recreation, subject to applicable zoning and local regulations. With exceptional views, quality improvements, and room to enjoy the ranch life
A rough estimate, not a quote. Loan amount $880,000 · $220,000 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
296 listings of every type for sale, 115 pending, 70 sold in the last 30 days. Pinch or scroll to zoom. Tap a place to open it, a mark to open the home.
sold in the last 90 days
5.25 acres on the county assessor's map, tax lot 141322C000100 · County record. 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.
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. The wash is sales density of closes in the last 90 days; homes for sale and pending stay as marks. Pulses and the sold count are the closes of the last 30 days. Counts and medians cover every listing read for this map. The map outlines 61 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.
Redmond
Source: leftover membership, active single-family houses in Redmond. This price is the published list price. Months of supply = active listings divided by average monthly closings over the last 6 months (homes closed in the last 6 months divided by 6). 4 months of supply or less is a seller's market, above 4 and under 6 is balanced, 6 or more is a buyer's market. · updated Sep 4, 2026
171 of 696 Redmond sales closed in $500–600K
| Date | Event | Price |
|---|---|---|
| Sep 3, 2026 | Price change | $1,100,000$150K down |
| Aug 8, 2026 | Listed | $1,250,000 |
This home sits in Equestrian Meadows Phase 1. 3 recorded documents govern it.
Documents marked with a book, page or instrument number are copies of instruments recorded in Deschutes County, Oregon. Nothing in those records marks a declaration as current or superseded. Later amendments may exist that are not shown here. Confirm the governing chain through title before relying on it. See Equestrian Meadows Phase 1.
Monthly cash flow, cap rate, and cash-on-cash return at this price. Adjust the numbers to your own financing and rent.
Estimate $2,336 ($2,100 to $2,675) · HUD Fair Market Rent (FY2025), Deschutes County, 3BR. Edit to your own number.
Cash flow
-$4,672/mo
Cap rate
1.3%
Cash on cash
-25.5%
Cash needed
$220,000
At $1,100,000 with 20% down, this property runs $4,672 per month negative. Adjust the price, down payment, or rent to find what works.
Monthly cash flow
| Year | Value | Equity | Cash flow |
|---|---|---|---|
| 1 | $1,133,000 | $261,939 | -$56,061 |
| 2 | $1,166,990 | $305,514 | -$55,777 |
| 3 | $1,202,000 | $350,802 | -$55,488 |
| 5 | $1,275,201 | $446,843 | -$54,891 |
| 10 | $1,478,308 | $723,159 | -$53,292 |
| 20 | $1,986,722 | $1,482,482 | -$49,577 |
| 30 | $2,669,989 | $2,669,989 | -$45,048 |
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.
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Listing courtesy of John L Scott Bend, agent Lisa Courtney, 541-317-0123
Data last updated September 5, 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.
