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    • $859,500

    5275 NW Homestead Way, Redmond, OR 97756

    5beds
    4baths
    2,807sqft
    : 
    $5,851/mo
    Get pre-qualified
    Single Family Residence
    Built in 2004
    5.1 Acres Lot
    $822,700 Zestimate®
    $306/sqft
    $25/mo HOA

    What's special

    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!
    94 days
    |
    615
    |
    47
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeff Larkin Realty jeff@jefflarkinrealty.com

    Source: Oregon Datashare,MLS#: 220221079MLS Logo

      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: 94 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

        $822,700

        $782,000 - $864,000

        $3,768/mo

        Price history

        DateEventPrice
        5/26/2026Listed for sale$859,500$306/sqft
        Source: Oregon Datashare #220221079 Report a problem
        5/19/2026Listing removed$859,500$306/sqft
        Source: Oregon Datashare #220221079 Report a problem
        5/11/2026Listed for sale$859,500+4.9%$306/sqft
        Source: Oregon Datashare #220221079 Report a problem
        5/4/2023Listing removed$819,500$292/sqft
        Source: Oregon Datashare #220158287 Report a problem
        3/10/2023Price change$819,500-3.6%$292/sqft
        Source: Oregon Datashare #220158287 Report a problem
        2/4/2023Price change$850,000-3.2%$303/sqft
        Source: Oregon Datashare #220158287 Report a problem
        1/21/2023Listed for sale$878,000+86.8%$313/sqft
        Source: Oregon Datashare #220158287 Report a problem
        4/11/2016Sold$469,900$167/sqft
        Source: Oregon Datashare #201601153 Report a problem
        2/22/2016Pending sale$469,900$167/sqft
        Source: Buyers and Sellers Realty Services #201601153 Report a problem
        2/18/2016Listed for sale$469,900+49.2%$167/sqft
        Source: Assist 2 Sell Buyers & Sellers #201601153 Report a problem
        4/3/2008Sold$315,000-4.5%$112/sqft
        Source: Public Record Report a problem
        2/19/2008Listed for sale$329,900-17.3%$118/sqft
        Source: Visual Tour #2801079 Report a problem
        12/22/2007Listing removed$399,000$142/sqft
        Source: Number1Expert #2703036 Report a problem
        11/14/2007Listed for sale$399,000+320%$142/sqft
        Source: Number1Expert #2703036 Report a problem
        2/3/2004Sold$95,000$34/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        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.
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        Climate risks

        Neighborhood: 97756

        Getting around

        0 / 100
        Car-Dependent
        18 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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