$590,000
531 Canyon
Redmond, OR 97756 · Rimrock Acres
Down $40,000 from original list price $640,000.
Closed Dec 202536 days on market$260/sqft
About this home
BACK ON MARKET- RARE BACKYARD OVERLOOKING DRY CANYON. Nestled on a quiet, tree-lined street, this 1960s ranch offers the perfect canvas to create your dream home on a premier lot backing directly to the beloved dry canyon trail. Enjoy convenient access the parks, the Dry Canyon trail, and downtown. The home is designed to showcase panoramic views the moment you enter with the sightline flowing straight through the great room, perfectly framed by a wall of windows, and continues into the dining area. The kitchen has received a gentle refresh w/ new tile floors, white painted cabinets, & newer stainless steel appliances. Discover hidden moments of 1960s character from the floral-lined cabinet shelves & colorful vintage bathrooms to the classic built-ins throughout. Eagerly awaiting a modern touch- This is your invitation to invest in an unparalleled location and build significant equity while crafting a truly custom sanctuary.
Listing courtesy of Coldwell Banker Mayfield Realty, agent Amanda Johnson
Data last updated June 27, 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.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $480,000 · $120,000 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 $599,990 with 20% down, this property runs $1,827 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.
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