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Situated on 4.72 beautifully maintained acres, this updated 3 bed, 2 bath home offers 1,538 square feet of comfortable living with a new roof installed in 2024. The home features new flooring throughout, a remodeled kitchen with new appliances, fresh interior and exterior paint, updated electrical, a wood stove, furnace and central air conditioning. Designed for country living, the property includes a fully fenced pasture with new no-climb iron and T-post fencing, well irrigation, and new iron animal stalls. A detached 24' x 36' shop/garage, complete with wood stove, provides space for projects, equipment and storage. Additional features include a chicken coop with enclosed run, greenhouse attached to the well house, full RV hookups, and a fully fenced backyard with a pond, raised fenced garden beds, sprinkler systems, and fruit trees including apple, pear, peach, and plum. Enjoy a blend of modern updates, usable acreage, and rural charm while still being close to town.
A rough estimate, not a quote. Loan amount $476,000 · $119,000 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
4.83 acres on the county assessor’s map, tax lot 141225C000800 · 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.
4.83 acres on the county assessor's map. Tax lot 141225C000800, 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.
2 listings of every type for sale. 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 |
|---|---|---|
| Aug 24, 2026 | Price change | $595,000$5K down |
| Jul 27, 2026 | Price change | $600,000$20K down |
| Jul 22, 2026 | Price change | $620,000$5K down |
| Jul 13, 2026 | Price change | $625,000$10K down |
| Jul 6, 2026 | Listed | $635,000 |
$387 per sq ft
51 days on market. Redmond median to pending is 27 days.
HOA $25 per month. Tax $3,761 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.
This home sits in Tetherow Crossing Phase V. 7 recorded documents govern it.
Documents marked with a book, page or instrument number are copies of instruments recorded in Deschutes County, Oregon. Nothing in those records marks a declaration as current or superseded. Later amendments may exist that are not shown here. Confirm the governing chain through title before relying on it. See Tetherow Crossing Phase V.
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 $2,336 ($2,100 to $2,675) · HUD Fair Market Rent (FY2025), Deschutes County, 3BR. Edit to your own number.
Cash flow
-$1,823/mo
Cap rate
2.7%
Cash on cash
-18.4%
Cash needed
$119,000
At $595,000 with 20% down, this property runs $1,823 per month negative. Adjust the price, down payment, or rent to find what works.
Monthly cash flow
| Year | Value | Equity | Cash flow |
|---|---|---|---|
| 1 | $612,850 | $141,685 | -$21,878 |
| 2 | $631,236 | $165,256 | -$21,556 |
| 3 | $650,173 | $189,752 | -$21,227 |
| 5 | $689,768 | $241,702 | -$20,549 |
| 10 | $799,630 | $391,163 | -$18,733 |
| 20 | $1,074,636 | $801,888 | -$14,513 |
| 30 | $1,444,221 | $1,444,221 | -$9,369 |
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 Rival Realty Group, agent Katelyn Gowdy, 541-527-2440
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 $595,000, 0.7% below the Redmond median list price. See full Redmond market →