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.
Active
$1,100,000
3131 SW Highland Ave, Redmond, OR 97756
--beds
0baths
4.1Acres
Residential Lots, Land
Built in ----
4.1 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Efficiently shaped parcel
- 43 days |
- 45 |
- 1 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Compass Commercial Real Estate 541-383-2444
Source: Oregon Datashare,MLS#: 220225271
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Features
- Has fireplace: No
Property
Lot
- Size: 4.1 Acres
Details
- Parcel number: 124207
- Zoning description: R4
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Phone Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Redmond
Financial & listing details
- Tax assessed value: $992,760
- Annual tax amount: $1,999
- Date on market: 7/14/2026
- Cumulative days on market: 44 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$2,172/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Listed for sale | $1,100,000-12% |
Source:  Oregon Datashare #220225271 Report a problem | ||
| 7/22/2024 | Listing removed | -- |
Source: Oregon Datashare #220179598 Report a problem | ||
| 4/2/2024 | Listing removed | $1,250,000 |
Source: Oregon Datashare #220179598 Report a problem | ||
| 4/1/2024 | Listed for sale | $1,250,000-16.7% |
Source: Oregon Datashare #220179598 Report a problem | ||
| 1/1/2024 | Listing removed | $1,500,000 |
Source: Oregon Datashare #220150832 Report a problem | ||
| 4/12/2023 | Price change | $1,500,000-17.8% |
Source: Oregon Datashare #220150832 Report a problem | ||
| 3/1/2023 | Price change | $1,825,000-18.9% |
Source: Oregon Datashare #220150832 Report a problem | ||
| 7/26/2022 | Listed for sale | $2,250,000 |
Source: Oregon Datashare #220150832 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,000 +4.2% | $98,080 +3% |
| 2024 | $1,919 +4.6% | $95,230 +6.1% |
| 2023 | $1,835 +6.7% | $89,770 |
| 2022 | $1,720 +6.6% | $89,770 +6.1% |
| 2021 | $1,613 | $84,630 |
| 2020 | -- | $84,630 +6.1% |
| 2019 | $1,473 | $79,780 |
| 2018 | $1,473 +2.5% | $79,780 +3% |
| 2017 | $1,437 +3.9% | $77,460 +3% |
| 2016 | $1,383 | $75,210 +3% |
| 2015 | $1,383 +5.9% | $73,020 +3% |
| 2014 | $1,306 | $70,900 -38.7% |
| 2013 | -- | $115,630 +3% |
| 2012 | -- | $112,270 +3% |
| 2011 | -- | $109,000 +3% |
| 2010 | -- | $105,830 +3% |
| 2009 | -- | $102,750 +3% |
| 2008 | -- | $99,760 +3% |
| 2007 | -- | $96,860 +3% |
| 2006 | -- | $94,040 +3% |
| 2005 | -- | $91,310 +6.1% |
| 2003 | -- | $86,085 -59.3% |
| 2002 | -- | $211,505 +48.3% |
| 2001 | -- | $142,585 +7.9% |
| 2000 | -- | $132,185 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 97756
Nearby schools
GreatSchools rating
- 5/10M A Lynch Elementary SchoolGrades: K-5Distance: 1.2 mi
- 4/10Elton Gregory Middle SchoolGrades: 6-8Distance: 2.7 mi
- 4/10Redmond High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: M A Lynch Elem
- Middle: Elton Gregory Middle
- High: Redmond High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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