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PRIME DEVELOPMENT OPPORTUNITY - ½ ACRE MUN-ZONED LOT IN REDMOND, OREGON Attention Developers, Investors, and Builders!
Don't miss this rare opportunity to acquire a ½ acre lot zoned Mixed-Use Neighborhood (MUN) in the highly desirable NW Redmond Fairhaven area. This level, build-ready property offers incredible flexibility and potential for multifamily and commercial mixed-use development.
Zoned MUN (Mixed Use Neighborhood) - suitable for multifamily units, live/work options, or small commercial projects. All city utilities to the lot - water, sewer, power, and natural gas ready to go. Prime location - convenient access to schools, shopping, parks, and all the amenities that make Redmond so popular.
Pre-development work completed - preliminary plans show potential for 5-6 units, a mix of residential & retail/commercial.
Buyer to verify all info w/city. Don't miss out on this rare property.
A rough estimate, not a quote. Loan amount $340,000 · $85,000 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
See everything for sale in Fairhaven
| Date | Event | Price |
|---|---|---|
| Jan 15, 2026 | Listed | $425,000 |
213 days on market. Redmond median to pending is 27 days.
Tax $1,147 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.
New listings
Listing courtesy of Realty One Group Discovery, agent Kimberly Patterson, 541-645-0244
Data last updated September 1, 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.
Sep 2024 to Aug 2026 (24 months) · Market Truth leftover, Redmond city, monthly median close. Completed months only.
This home is listed at $425,000, 29.0% below the Redmond median list price. See full Redmond market →