4050 SW Highland Avenue, Redmond, OR 97756

$1,350,000
Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 2,526 Lot Size (sq. ft.): 437,778 Status: Active
Current Price: $1,350,000 List Date: 5/20/2026 Last Modified: 5/20/2026

Overview

Description

Rare investment or development opportunity in Redmond! This sprawling 10.05-acre property with 8+acres of water rights, features a spacious single-family home with a beautiful great room and kitchen and huge windows allowing for plenty of light and pastoral views. Perfect for horse enthusiasts or those seeking room to breathe, the expansive acreage offers incredible flexibility and open space. Ideally located with easy access to local schools and downtown Redmond amenities. The property currently features an occupied rental unit generating monthly income, making it an excellent addition to your portfolio to hold while waiting for city annexation, or a perfect future homesite. Bring your vision and explore the endless future development potential this unique acreage has to offer!

Listing Details MLS# 220221734

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
4
Bathrooms Total
2
Bathrooms Full
2
Garage YN
Yes
Garage Spaces
2
Total Living Area SqFt
2526
Main House SqFt
2526
SqFt Source
Other
Year Built
1981
Accessory Dwelling Unit YN
No
Rented YN
Yes
Current Rent
2800
Lease End Date
2026-05-31
Short Term Rental Permit YN
No
New Construction YN
No
Elementary School
Check with District
Middle Or Junior School
Elton Gregory Middle
High School
Redmond High
Zoning
UH10
Tax Annual Amount
7693.73
Tax Year
2025
CC&R's YN
No
Association YN
No
Senior Community YN
No
Horse Property YN
Yes
Preferred Escrow Company & Officer
Deschutes Titile Co- Cassie Ringgenberg
FIRPTA YN
No
Sign On Property YN
Yes

Property Features

Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Washer Architectural Style: Ranch Basement: None Common Walls: No Common Walls Construction Materials: Frame Cooling: Heat Pump Fireplace Features: Great Room; Wood Burning Flooring: Carpet; Simulated Wood; Tile Foundation Details: Stemwall Heating: Fireplace(s); Heat Pump Interior Features: Ceiling Fan(s); Double Vanity; Fiberglass Stall Shower; Kitchen Island; Open Floorplan; Solid Surface Counters; Stone Counters; Vaulted Ceiling(s) Levels: One Roof: Composition Rooms: Great Room Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Window Features: Vinyl Frames Easements: Access Flood: N/A Irrigation Source: District; Pond Lot Features: Fenced; Landscaped Other Structures: Barn(s) Parking Features: Attached; Driveway; Gravel Patio and Porch Features: Rear Porch Road Frontage Type: Shared Access Structure Type: House View: Panoramic Waterfront Features: Pond Utilities: Electricity Connected; Propane Power Production: None Sewer: Septic Tank; Standard Leach Field Water Source: Private; Well Listing Terms: Cash; Conventional; FHA; VA Loan Special Listing Conditions: Standard

Location Tax and Legal

Street Number
4050
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
1350000
List Price per SqFt
534.44
Listing Contract Date
2026-05-20

Remarks and Miscellaneous

Public Remarks
Rare investment or development opportunity in Redmond! This sprawling 10.05-acre property with 8+acres of water rights, features a spacious single-family home with a beautiful great room and kitchen and huge windows allowing for plenty of light and pastoral views. Perfect for horse enthusiasts or those seeking room to breathe, the expansive acreage offers incredible flexibility and open space. Ideally located with easy access to local schools and downtown Redmond amenities. The property currently features an occupied rental unit generating monthly income, making it an excellent addition to your portfolio to hold while waiting for city annexation, or a perfect future homesite. Bring your vision and explore the endless future development potential this unique acreage has to offer!

Status Change Information

Status Change Timestamp
2026-05-20

More Information

Listing Office: Jeff Larkin Realty
Last Updated: May - 20 - 2026
Broker Attribution: jeff@jefflarkinrealty.com

Information deemed reliable but not guaranteed.