Central Oregon Homes, Land & Acreage for Sale

3131 SW Highland Avenue, Redmond, OR 97756

$1,100,000

Property Type: Land Lot Size (sq. ft.): 178,596 Status: Active

Current Price: $1,100,000 List Date: 7/14/2026 Last Modified: 7/14/2026

Overview

Description

This 3.99-acre development opportunity offers exceptional visibility along Highway 126/Highland Avenue in Redmond, Oregon. The efficiently shaped parcel features rare unrestricted 35-foot access directly to Highway 126/Highland Avenue and is zoned General Residential (R4), allowing for multifamily, townhomes, cottage clusters, and other residential development, subject to buyer verification. The site has minimal topographical challenges, is located approximately 1.5 miles west of Highway 97 and downtown Redmond, permits certain commercial uses through a conditional use permit, and is situated within the Enterprise Zone, providing an outstanding opportunity for residential or mixed-use development.

Listing Details MLS# 220225271

General Property Information

Property Sub Type: Residential Lots
Elementary School: M A Lynch Elem
Middle Or Junior School: Elton Gregory Middle
High School: Redmond High
Zoning: R4
Tax Annual Amount: 1999.8
Tax Year: 2025
Irrigation Water Rights YN: No
CC&R's YN: No
Association YN: No
Senior Community YN: No
FIRPTA YN: No
Sign On Property YN: Yes
Garage YN: No

Property Features

Current Use: Vacant Power Production: None Sewer: Public Sewer Utilities: Electricity Available; Natural Gas Available; Phone Available Water Source: Public Listing Terms: Cash; Conventional Special Listing Conditions: Standard

Location Tax and Legal

Street Number: 3131
Street Dir Prefix: SW
Street Name: Highland
Street Suffix: Avenue
County: Deschutes
State: OR
Postal Code: 97756
Subdivision Name: N/A

Contract Information

Original List Price: 1100000
List Price per Acre: 268292.68
Listing Contract Date: 2026-07-13

Remarks and Miscellaneous

Public Remarks: This 3.99-acre development opportunity offers exceptional visibility along Highway 126/Highland Avenue in Redmond, Oregon. The efficiently shaped parcel features rare unrestricted 35-foot access directly to Highway 126/Highland Avenue and is zoned General Residential (R4), allowing for multifamily, townhomes, cottage clusters, and other residential development, subject to buyer verification. The site has minimal topographical challenges, is located approximately 1.5 miles west of Highway 97 and downtown Redmond, permits certain commercial uses through a conditional use permit, and is situated within the Enterprise Zone, providing an outstanding opportunity for residential or mixed-use development.

Status Change Information

Status Change Timestamp: 2026-07-14

More Information

Listing Office: Compass Commercial Real Estate

Last Updated: July - 14 - 2026

Information deemed reliable but not guaranteed.