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With Cascade views, irrigation rights, and plenty of privacy, this property has lots to offer. Sitting on just over 2.5 acres and located on the NE side of Redmond, this home will make you feel like you're out in the country while still being close to all of the amenities that Redmond has to offer. Situated roughly in the middle of the lot, this cozy 2-bed 2-bath home has privacy from the road, backs up to the canal toward the East, and offers mountain sunsets to the West. Pride of ownership is apparent both inside and out. Minor updating throughout the house including flooring, windows and appliances. The 2-car detached garage/shop and the outbuildings provide plenty of room for all of your cars, toys, boats, etc. The bonus room above the garage is the perfect space for an office, jam studio, workout room, lounge zone, or just storage. Schedule your showing today.
A rough estimate, not a quote. Loan amount $384,000 · $96,000 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
2.55 acres on the county assessor’s map, tax lot 141335C001200 · 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.
2.55 acres on the county assessor's map. Tax lot 141335C001200, 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.
299 listings of every type for sale, 118 pending, 65 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 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.
| Date | Event | Price |
|---|---|---|
| Sep 16, 2025 | Listed | $480,000 |
$444 per sq ft
57 days on market. Redmond median to pending is 27 days.
Tax $1,889 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
Monthly cash flow, cap rate, and cash-on-cash return at this price. Adjust the numbers to your own financing and rent.
Estimate $1,667 ($1,500 to $1,925) · HUD Fair Market Rent (FY2025), Deschutes County, 2BR. Edit to your own number.
Cash flow
-$1,545/mo
Cap rate
2.5%
Cash on cash
-19.3%
Cash needed
$96,000
At $480,000 with 20% down, this property runs $1,545 per month negative. Adjust the price, down payment, or rent to find what works.
Monthly cash flow
| Year | Value | Equity | Cash flow |
|---|---|---|---|
| 1 | $494,400 | $114,301 | -$18,543 |
| 2 | $509,232 | $133,315 | -$18,301 |
| 3 | $524,509 | $153,077 | -$18,054 |
| 5 | $556,452 | $194,986 | -$17,544 |
| 10 | $645,080 | $315,560 | -$16,180 |
| 20 | $866,933 | $646,901 | -$13,009 |
| 30 | $1,165,086 | $1,165,086 | -$9,144 |
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 eXp Realty, LLC, agent Damien Teitelbaum, 888-814-9613
Data last updated September 3, 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 $480,000, 19.9% below the Redmond median list price. See full Redmond market →