Active

$1,350,000

4050 SW Highland Ave, Redmond, OR 97756

4beds

2baths

2,526sqft

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Single Family Residence

Built in 1981

10.05 Acres Lot

$1,277,000 Zestimate^®

$534/sqft

$-- HOA

What's special

Beautiful great room

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!

54 days

366

9

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Fireplace(s), Heat Pump

Cooling

Heat Pump

Appliances

Included: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer

Features

Ceiling Fan(s), Double Vanity, Fiberglass Stall Shower, Kitchen Island, Open Floorplan, Solid Surface Counters, Stone Counters, Vaulted Ceiling(s)
Flooring: Carpet, Simulated Wood, Tile
Windows: Vinyl Frames
Basement: None
Has fireplace: Yes
Fireplace features: Great Room, Wood Burning
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 2,526
Total interior livable area: 2,526 sqft

Property

Parking

Total spaces: 2
Parking features: Attached, Driveway, Gravel
Attached garage spaces: 2
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Patio & porch: Rear Porch
Fencing: Fenced
Has view: Yes
View description: Panoramic
Waterfront features: Pond

Lot

Size: 10.05 Acres
Features: Landscaped

Details

Additional structures: Barn(s)
Parcel number: 160836
Zoning description: UH10
Special conditions: Standard
Horses can be raised: Yes

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Frame
Foundation: Stemwall
Roof: Composition

Condition

New construction: No
Year built: 1981

Utilities & green energy

Sewer: Septic Tank, Standard Leach Field
Water: Private, Well

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Smoke Detector(s)

HOA

Has HOA: No

Location

Region: Redmond

Financial & listing details

Price per square foot: $534/sqft
Tax assessed value: $991,990
Annual tax amount: $7,693
Date on market: 5/20/2026
Cumulative days on market: 54 days
Listing terms: Cash,Conventional,FHA,VA Loan

Estimated market value

$1,277,000

$1.21M - $1.34M

$2,990/mo

Price history

Date	Event	Price
5/20/2026	Listed for sale	$1,350,000+116%$534/sqft
Source: Oregon Datashare #220221734 Report a problem
8/24/2020	Sold	$625,000-43.2%$247/sqft
Source: Oregon Datashare #220107811 Report a problem
1/21/2020	Listing removed	$1,100,000$435/sqft
Source: Compass Commercial Real Estate #201810412 Report a problem
10/28/2019	Price change	$1,100,000-26.4%$435/sqft
Source: Compass Commercial Real Estate #201810412 Report a problem
10/15/2018	Listed for sale	$1,495,000$592/sqft
Source: Compass Commercial Real Estate #201810412 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,694 +4.6%	$454,950 +3%
2024	$7,354 +4.9%	$441,700 +6.1%
2023	$7,011 +9%	$416,350
2022	$6,435 +3.1%	$416,350 +6.1%
2021	$6,240	$392,460
2020	--	$392,460 +6.1%
2019	$5,661	$369,940
2018	$5,661 +2.5%	$369,940 +3%
2017	$5,525 +3.5%	$359,170 +3%
2016	$5,338	$348,710 +3%
2015	$5,338 +10.4%	$338,560 +3%
2014	$4,835	$328,700 +15.5%
2013	--	$284,600 -7.2%
2012	--	$306,690 +103.9%
2011	--	$150,441 +0%
2010	--	$150,387 -21.7%
2009	--	$192,144 +2.9%
2008	--	$186,672 +2.9%
2007	--	$181,352 +2.9%
2006	--	$176,194 +2.9%
2005	--	$171,184

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 97756

Getting around

0 / 100

Car-Dependent

34 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

7/10
Vern Patrick Elementary School
Grades: K-5Distance: 0.7 mi
6/10
Obsidian Middle School
Grades: 6-8Distance: 1.7 mi
7/10
Ridgeview High School
Grades: 9-12Distance: 2.2 mi

Schools provided by the listing agent

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.