Active

Price cut: $50K (5/22)

$1,345,000

5755 SW Obsidian Ave, Redmond, OR 97756

--beds

0baths

19.87Acres

Agriculture, Land

Built in ----

19.87 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Productive hay groundSweeping cascade mountain viewsExtensive fencing and cross-fencingPond with upgraded equipment

A conditional use/building permit approval and driveway permit is in place and ready to build! New well pump installed in 2026. Experience nearly 20 acres of highly improved Central Oregon land near the Deschutes River and Cline Falls State Park. Featuring irrigation rights, productive hay ground, and sweeping Cascade Mountain views, this property offers an exceptional setting for a custom home, horse property, or hobby ranch. Designed for equestrian and agricultural use, the property includes an impressive 8,400 SF covered riding arena with 5 stalls, additional covered stalls, extensive fencing and cross-fencing, and approximately 13 acres of hay production. Additional improvements include a 48' x 48' shop with water and 220 power, hay storage, RV parking, a pond with upgraded equipment, and well-maintained infrastructure throughout. A rare opportunity to enjoy the Central Oregon ranch lifestyle with significant improvements already in place.

234 days

251

7

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Features

Has fireplace: No

Property

Parking

Total spaces: 2
Parking features: Garage
Garage spaces: 2

Features

Fencing: Cross Fenced,Fenced
Has view: Yes
View description: Mountain(s), Territorial
Waterfront features: Pond

Lot

Size: 19.87 Acres
Features: Landscaped, Level, Pasture

Details

Additional structures: Animal Stall(s), Arena, Covered Arena, Second Garage, Shed(s), Storage
Parcel number: 167826
Zoning description: EFUTRB
Special conditions: Standard
Horses can be raised: Yes

Utilities & green energy

Sewer: Septic Tank, Standard Leach Field
Water: Well

Community & HOA

HOA

Has HOA: No

Location

Region: Redmond

Financial & listing details

Tax assessed value: $1,247,450
Annual tax amount: $9,652
Date on market: 11/18/2025
Cumulative days on market: 235 days
Listing terms: Cash,Conventional
Has irrigation water rights: Yes
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$2,019/mo

Price history

Date	Event	Price
5/22/2026	Price change	$1,345,000-3.6%
Source: Oregon Datashare #220212085 Report a problem
2/11/2026	Price change	$1,395,000-5.4%
Source: Oregon Datashare #220212085 Report a problem
11/18/2025	Listed for sale	$1,475,000+79.9%
Source: Oregon Datashare #220212085 Report a problem
5/28/2021	Sold	$820,000-3.5%
Source: Oregon Datashare #220107613 Report a problem
1/22/2021	Listing removed	$849,900
Source: Oregon Datashare #220107613 Report a problem
12/7/2020	Price change	$849,900-2.9%
Source: Fred Real Estate Group #220107613 Report a problem
8/22/2020	Listed for sale	$875,000+143.1%
Source: Fred Real Estate Group #220107613 Report a problem
1/31/2014	Sold	$360,000-5.8%
Source: Public Record Report a problem
11/5/2013	Price change	$382,300-0.2%
Source: Elite Real Estate LLC #201308821 Report a problem
10/30/2013	Price change	$382,900-0.1%
Source: Elite Real Estate LLC #201308821 Report a problem
10/23/2013	Price change	$383,400-0.1%
Source: Elite Real Estate LLC #201308821 Report a problem
10/16/2013	Price change	$383,900-0.3%
Source: Elite Real Estate LLC #201308821 Report a problem
10/3/2013	Price change	$384,900-1.3%
Source: Elite Real Estate LLC #201308821 Report a problem
9/6/2013	Listed for sale	$389,900+23.8%
Source: Owner Report a problem
10/1/2004	Sold	$315,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,652 +4.6%	$570,770 +3%
2024	$9,227 +4.9%	$554,150 +6.1%
2023	$8,795 +9%	$522,340
2022	$8,073 +3.1%	$522,340 +6.1%
2021	$7,829	$492,360
2020	--	$492,360 +6.1%
2019	$7,102	$464,100
2018	$7,102 +2.5%	$464,100 +3%
2017	$6,932 +3.5%	$450,590 +3%
2016	$6,697	$437,470 +21.5%
2015	$6,697 +18.5%	$360,000 -2.4%
2014	$5,653	$368,870 +3%
2013	--	$358,130 +3%
2012	--	$347,700 +3%
2011	--	$337,580 +3%
2010	--	$327,750 +3%
2009	--	$318,210 +3%
2008	--	$308,950 -22.3%
2002	--	$397,480 -0.2%
2001	--	$398,380

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

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

26 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

9/10
Sage Elementary School
Grades: K-5Distance: 2.2 mi
6/10
Obsidian Middle School
Grades: 6-8Distance: 2.8 mi
7/10
Ridgeview High School
Grades: 9-12Distance: 2.3 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.