$850,000
1971 23rd
Redmond, OR 97756 · Ranch Way Acres
Active1 days on market$574/sqft
Facts
Listing courtesy of eXp Realty, LLC, agent Tammy Caruso
Data last updated June 23, 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 rare Redmond property built for space, privacy, and versatility. Set behind a wide driveway with gated access, this property offers an incredible setup with abundant parking, a large shop with multiple oversized roll-up doors, additional storage sheds, and room for toys, projects, equipment, or hobbies. Inside, the home is warm, cute, and thoughtfully updated with a stylish, comfortable feel that makes the property just as inviting indoors as it is functional outside. The backyard is the true centerpiece: fully fenced and beautifully landscaped with mature trees, lush lawn, privacy fencing, gravel pathways, a fire pit area, and multiple outdoor zones to gather, relax, or spread out. A large covered back porch extends the living space outdoors and creates the perfect place for year-round entertaining, morning coffee, summer dinners, and quiet evenings overlooking the yard. The detached bonus studio adds even more flexibility for guests, work, creative space, or retreat-style use.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $680,000 · $170,000 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 $850,000 with 25% down, this property runs $3,109 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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