$2,495,000
8050 Grubstake
Redmond, OR 97756 · Odin Falls Ranch
Down $455,000 from original list price $2,950,000.
Active117 days on market$711/sqft
Facts
Listing courtesy of Cascade Hasson SIR, agent Brian Ladd
Data last updated June 22, 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.
From watching nesting bald eagles from your patio to casting a line in the Wild & Scenic Deschutes just steps from your back door, this 13+ acre riverfront retreat in gated Odin Falls Ranch is truly one-of-a-kind. The 3,500+ sq ft Santa Fe-style home features 3 spacious en-suites, vaulted beamed ceilings, and an updated gourmet kitchen with a new 60'' Blue Star range, side-by-side fridge/freezer, Honduran mahogany cabinetry, and a dry bar with wine cooler. Italian tile carries out to the 1,376 sq ft wraparound veranda overlooking the river. The attached 3-car garage with office provides room for daily drivers, while the 5,000 sq ft shop offers 5 bays plus full RV storage. Outdoor living shines with lush landscaping and a meandering 300+ ft stream with two pools. Just minutes from the Bend/Redmond airport for commuters, Odin Falls is convenient to city life in a neighborhood with a strong sense of community.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $1,996,000 · $499,000 down · 30 year term
Monthly cash flow, cap rate, and cash-on-cash return at this price. Every number is an estimate you can adjust 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 $2,495,000 with 25% down, this property runs $13,303 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.
We pull climate risk data from FEMA flood maps, the Deschutes County wildland-urban interface map, and NOAA heat trends. Detailed scoring for this property is on request.
Get the climate reportWe compute vacation rental projections from comparable short-term rentals in the same community, weighted by bed count, view, and amenities. A custom projection for this property is on request.
Get the rental projection
