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!
Active
$1,350,000
4050 SW Highland Ave, Redmond, OR 97756
4beds
2baths
2,526sqft
Single Family Residence
Built in 1981
10.05 Acres Lot
$1,269,500 Zestimate®
$534/sqft
$-- HOA
What's special
Beautiful great room
- 101 days
- 206
- 10
Zillow last checked:
Listing updated:
Listed by:
Jeff Larkin Realty jeff@jefflarkinrealty.com
Source: Oregon Datashare,MLS#: 220221734
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: 101 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
$1,269,500
$1.21M - $1.33M
$3,232/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
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 97756
Nearby schools
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.
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