Nestled on 5+ acres with direct access to BLM land, this 2,507-square-foot home offers a rare combination of luxury and high-desert adventure. The two-story residence is designed to capture the rugged beauty of Central Oregon with views of Smith Rock and the Cascade Mountains. Spacious living throughout the house, including two master suites (one on the main level). Interior upgrades include solid oak plank floors, tile countertops, fireplace, and vaulted ceilings. Enjoy the outdoor lifestyle with large trex deck and fire pit for sunset watching and direct trail access for horses and ATVs. Professional shop is fully insulated with its own systems. For the outdoor enthusiasts, the property's boundary adjoins public lands, making it a perfect hub for trail riding or exploring the nearby High Desert landscape. This one is a must see!
Active
$859,500
5275 NW Homestead Way, Redmond, OR 97756
5beds
4baths
2,807sqft
Single Family Residence
Built in 2004
5.1 Acres Lot
$820,700 Zestimate®
$306/sqft
$25/mo HOA
What's special
- 48 days |
- 1,040 |
- 59 |
Zillow last checked:
Listing updated:
Listed by:
Jeff Larkin Realty jeff@jefflarkinrealty.com
Source: Oregon Datashare,MLS#: 220221079
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Electric, Propane
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Microwave, Oven, Range, Range Hood, Refrigerator, Washer, Water Heater
Features
- Breakfast Bar, Ceiling Fan(s), Fiberglass Stall Shower, Linen Closet, Open Floorplan, Pantry, Primary Downstairs, Shower/Tub Combo, Soaking Tub, Tile Counters, Tile Shower, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Carpet, Hardwood, Tile
- Windows: Aluminum Frames
- Basement: None
- Has fireplace: Yes
- Fireplace features: Propane
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,507
- Total interior livable area: 2,807 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete, Driveway, RV Access/Parking
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Fire Pit, RV Hookup
- Pool features: None
- Has view: Yes
- View description: Mountain(s), Panoramic, Territorial
Lot
- Size: 5.1 Acres
- Features: Adjoins Public Lands, Native Plants, Sprinkler Timer(s), Sprinklers In Front
Details
- Additional structures: Poultry Coop, Shed(s), Workshop, Other
- Parcel number: 155146
- Zoning description: MUA10
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 2004
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Features: Access to Public Lands
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Tetherow Crossing
HOA
- Has HOA: Yes
- Amenities included: Snow Removal
- HOA fee: $300 annually
Location
- Region: Redmond
Financial & listing details
- Price per square foot: $306/sqft
- Tax assessed value: $957,160
- Annual tax amount: $5,702
- Date on market: 5/26/2026
- Cumulative days on market: 48 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Inclusions: all appliances
- Exclusions: seller's personal property
- Road surface type: Paved
Estimated market value
$820,700
$780,000 - $862,000
$3,586/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/26/2026 | Listed for sale | $859,500$306/sqft |
Source: | ||
| 5/19/2026 | Listing removed | $859,500$306/sqft |
Source: | ||
| 5/11/2026 | Listed for sale | $859,500+4.9%$306/sqft |
Source: | ||
| 5/4/2023 | Listing removed | $819,500$292/sqft |
Source: | ||
| 3/10/2023 | Price change | $819,500-3.6%$292/sqft |
Source: | ||
| 2/4/2023 | Price change | $850,000-3.2%$303/sqft |
Source: | ||
| 1/21/2023 | Listed for sale | $878,000+86.8%$313/sqft |
Source: | ||
| 4/11/2016 | Sold | $469,900$167/sqft |
Source: | ||
| 2/22/2016 | Pending sale | $469,900$167/sqft |
Source: Buyers and Sellers Realty Services #201601153 Report a problem | ||
| 2/18/2016 | Listed for sale | $469,900+49.2%$167/sqft |
Source: Assist 2 Sell Buyers & Sellers #201601153 Report a problem | ||
| 4/3/2008 | Sold | $315,000-4.5%$112/sqft |
Source: Public Record Report a problem | ||
| 2/19/2008 | Listed for sale | $329,900-17.3%$118/sqft |
Source: Visual Tour #2801079 Report a problem | ||
| 12/22/2007 | Listing removed | $399,000$142/sqft |
Source: Number1Expert #2703036 Report a problem | ||
| 11/14/2007 | Listed for sale | $399,000+320%$142/sqft |
Source: Number1Expert #2703036 Report a problem | ||
| 2/3/2004 | Sold | $95,000$34/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,702 +4.6% | $337,190 +3% |
| 2024 | $5,451 +4.9% | $327,370 +6.1% |
| 2023 | $5,196 +8.9% | $308,590 |
| 2022 | $4,769 +3.1% | $308,590 +6.1% |
| 2021 | $4,625 | $290,890 |
| 2020 | -- | $290,890 +58.1% |
| 2019 | $4,196 | $183,950 |
| 2018 | $4,196 +52.7% | $183,950 +3% |
| 2017 | $2,747 +3.5% | $178,600 +3% |
| 2016 | $2,655 | $173,400 +3% |
| 2015 | $2,655 +3.2% | $168,350 +3% |
| 2014 | $2,572 | $163,450 +3% |
| 2013 | -- | $158,690 +3% |
| 2012 | -- | $154,070 +3% |
| 2011 | -- | $149,590 +3% |
| 2010 | -- | $145,240 +12.2% |
| 2009 | -- | $129,490 +3% |
| 2008 | -- | $125,720 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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
Nearby schools
GreatSchools rating
- 9/10Sage Elementary SchoolGrades: K-5Distance: 6.2 mi
- 6/10Obsidian Middle SchoolGrades: 6-8Distance: 5.4 mi
- 7/10Ridgeview High SchoolGrades: 9-12Distance: 6.8 mi
Schools provided by the listing agent
- Elementary: Sage Elem
- Middle: Obsidian Middle
- High: Ridgeview High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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.
- Oregon
- Deschutes County
- Redmond
- 97756
- 5275 NW Homestead Way






