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$475 per sq ft
14 days on market. Redmond median to pending is 26 days.
Tax $4,913 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.
Experience the best of Central Oregon living on this beautiful hobby farm, where wide-open spaces, Cascade Mountain views, and gated access to nearby BLM land create the perfect setting for horseback riding and country living. Designed for horses, livestock, and 4-H projects, the property features a barn with hay storage, tack room, livestock stalls, round pen, covered dog run, raised garden beds with deer fencing, and a spacious shop for hobbies or storage. The updated home offers new windows, new flooring, a certified wood stove, and new roofs on both the home and shop. Zoned MUA-10, the 2 acre parcel may also offer the potential for a future ADU (buyer to perform their own due diligence with Deschutes County). With 2 acres of COID irrigation, this is a rare opportunity to enjoy the Central Oregon lifestyle with room to grow.
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A rough estimate, not a quote. Your lender gives you the real number.
Loan amount $576,000 · $144,000 down · 30 year term
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–$2,675) · HUD Fair Market Rent (FY2025), Deschutes County, 3BR. Edit to your own number.
At $720,000 with 20% down, this property runs $2,560 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 RE/MAX Key Properties, agent John Ropp, 541-728-0033
Data last updated August 25, 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.
Aug 2024 to Jul 2026 (24 months) · Market Truth leftover, Redmond city, monthly median close. Completed months only.
This home is listed at $720,000, 22.0% above the Redmond median. See full Redmond market →