$799,000
141 days listed is about 4.3 times the 33 a typical Redmond home takes to go under contract; $319 a square foot is 2.6% under the Redmond closed median of $328.
regional MLS through Oregon Data Share, median days from listing to contract, detached homes in Redmond, trailing 90 days; median closed price per square foot, detached homes in Redmond, trailing 12 months, computed Oct 14, 2026 (market_metric, detached). Days listed counts from this home's on-market date to today; $/sqft is this home's price over its living area.
This 5-bed, 4-bath home at 5275 NW Homestead Way in Redmond is listed at $799,000. It has 2,507 square feet, sits on 5.1 acres, was built in 2004, and is in Tetherow Crossing. Status is Pending, with 141 days on market and HOA dues of $25 per month.
Overview
Interior
Exterior & lot
Systems & utilities
Financial
Nestled on 5+ acres with direct access to BLM land, this 2,507-square-foot home offers a rare combination of luxury and high-desert adventure. The two-story residence is designed to capture the rugged beauty of Central Oregon with views of Smith Rock and the Cascade Mountains. Spacious living throughout the house, including two master suites (one on the main level). Interior upgrades include solid oak plank floors, tile countertops, fireplace, and vaulted ceilings. Enjoy the outdoor lifestyle with large trex deck and fire pit for sunset watching and direct trail access for horses and ATVs. Professional shop is fully insulated with its own systems. For the outdoor enthusiasts, the property's boundary adjoins public lands, making it a perfect hub for trail riding or exploring the nearby High Desert landscape. This one is a must see!
A rough estimate, not a quote. Loan amount $639,200 · $159,800 down · 30 year term.
Insurance starts at 0.35% of price each year. Type your quote to replace it.
5.23 acres on the county assessor's map, tax lot 141225A002400 · County record. 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.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share inside the recorded boundary of Redmond. The wash is sales density of closes in the last 90 days; homes for sale and pending stay as marks. Pulses and the sold count are the closes of the last 30 days. Counts and medians cover every listing read for this map.
Redmond
live MLS through Oregon Data Share, active single-family houses in Redmond, the same count and median list the Redmond market figures on this site publish (market_metric, place membership). This price is the published list price. Months of supply = active listings divided by average monthly closings over the last 6 months (homes closed in the last 6 months divided by 6). A lower months-of-supply figure means fewer homes for sale relative to the recent sales pace. · updated Oct 14, 2026
| Date | Event | Price |
|---|---|---|
| Sep 1, 2026 | Price drop | $799,000$41K down |
| Aug 26, 2026 | Price drop | $840,000$20K down |
| May 26, 2026 | Back on market | $860,000 |
| May 11, 2026 | Listed | $860,000 |
| Year | Tax |
|---|---|
| 2025 | $5,702 |
Tax as filed on the listing. Deschutes County. Parcel 155146. County assessor
Similar homes
Redmond · What to do about this house
The typical cut was 3.7% off the original ask, and the typical home went under contract in 26 days.
Redmond single family homes · every sale that closed in the 12 months to October 13, 2026
public.market_metric · stat_id=pct_with_price_cut · geo_type=city · geo_slug=redmond (Redmond) · segment=detached · window_months=12 · definition_id=mt-v1 · n=708 · complete_through=2026-10-13 · read 2026-10-15 | public.market_metric · stat_id=median_price_cut_pct · geo_type=city · geo_slug=redmond (Redmond) · segment=detached · window_months=12 · definition_id=mt-v1 · n=317 · complete_through=2026-10-13 · read 2026-10-15 | public.market_metric · stat_id=median_days_to_contract · geo_type=city · geo_slug=redmond (Redmond) · segment=detached · window_months=12 · definition_id=mt-v1 · n=690 · complete_through=2026-10-13 · read 2026-10-15 | public.listings, this listing · OriginalListPrice 859500 to ListPrice 799000 · OnMarketDate 2026-05-26, calendar days to today in America/Los_Angeles · not DaysOnMarket, which is list-to-close
Tour requests usually get a same-day reply.
Listing courtesy of Jeff Larkin Realty
Data last updated October 15, 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.
Listing
