From watching nesting bald eagles from your patio to casting a line in the Wild & Scenic Deschutes just steps from your back door, this 13+ acre riverfront retreat in gated Odin Falls Ranch is truly one-of-a-kind. The 3,500+ sq ft Santa Fe-style home features 3 spacious en-suites, vaulted beamed ceilings, and an updated gourmet kitchen with a new 60'' Blue Star range, side-by-side fridge/freezer, Honduran mahogany cabinetry, and a dry bar with wine cooler. Italian tile carries out to the 1,376 sq ft wraparound veranda overlooking the river. The attached 3-car garage with office provides room for daily drivers, while the 5,000 sq ft shop offers 5 bays plus full RV storage. Outdoor living shines with lush landscaping and a meandering 300+ ft stream with two pools. Just minutes from the Bend/Redmond airport for commuters, Odin Falls is convenient to city life in a neighborhood with a strong sense of community.
Active
Price cut: $495K (6/26)
$1,999,999
8050 NW Grubstake Way, Redmond, OR 97756
3beds
4baths
3,507sqft
Single Family Residence
Built in 1997
13.46 Acres Lot
$-- Zestimate®
$570/sqft
$-- HOA
What's special
Riverfront retreatWraparound verandaSanta fe-style homeVaulted beamed ceilingsSpacious en-suitesUpdated gourmet kitchenItalian tile
- 328 days |
- 870 |
- 42 |
Zillow last checked:
Listing updated:
Listed by:
Cascade Hasson SIR 541-383-7600
Source: Oregon Datashare,MLS#: 220202390
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
Heating
- Heat Pump, Hot Water, Radiant, Zoned
Cooling
- Central Air, Heat Pump, Zoned
Appliances
- Included: Instant Hot Water, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
Features
- Breakfast Bar, Built-in Features, Ceiling Fan(s), Double Vanity, Dry Bar, Enclosed Toilet(s), Kitchen Island, Linen Closet, Open Floorplan, Pantry, Primary Downstairs, Shower/Tub Combo, Solid Surface Counters, Stone Counters, Tile Counters, Tile Shower, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Sound
- Flooring: Tile
- Windows: Double Pane Windows, Skylight(s), Wood Frames
- Basement: Finished
- Has fireplace: Yes
- Fireplace features: Gas, Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,507
- Total interior livable area: 3,507 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Asphalt, Attached, Electric Vehicle Charging Station(s), Garage Door Opener, Gated, Heated Garage, RV Access/Parking, RV Garage, Tandem, Other
- Attached garage spaces: 3
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Patio
- Has view: Yes
- View description: Canyon, River, Territorial
- Has water view: Yes
- Water view: River
- Waterfront features: River Front, Waterfront
Lot
- Size: 13.46 Acres
- Features: Landscaped, Rock Outcropping, Sprinkler Timer(s), Sprinklers In Front, Sprinklers In Rear, Water Feature
Details
- Additional structures: Kennel/Dog Run, Workshop
- Parcel number: 177255
- Zoning description: MUA10
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Stemwall
- Roof: Tile
Condition
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: Septic Tank
- Water: Private
Community & HOA
Community
- Features: Short Term Rentals Allowed, Trail(s)
- Security: Carbon Monoxide Detector(s), Security System Owned, Smoke Detector(s), Other
- Subdivision: Odin Falls Ranch
HOA
- Has HOA: No
Location
- Region: Redmond
Financial & listing details
- Price per square foot: $570/sqft
- Tax assessed value: $3,247,620
- Annual tax amount: $22,816
- Date on market: 2/19/2026
- Cumulative days on market: 329 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$4,740/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Price change | $1,999,999-19.8%$570/sqft |
Source:  Oregon Datashare #220202390 Report a problem | ||
| 2/19/2026 | Listed for sale | $2,495,000-12.5%$711/sqft |
Source: Oregon Datashare #220202390 Report a problem | ||
| 12/3/2025 | Listing removed | $2,850,000$813/sqft |
Source: Oregon Datashare #220202390 Report a problem | ||
| 9/10/2025 | Price change | $2,850,000-3.4%$813/sqft |
Source: Oregon Datashare #220202390 Report a problem | ||
| 5/27/2025 | Listed for sale | $2,950,000+259.8%$841/sqft |
Source: Oregon Datashare #220202390 Report a problem | ||
| 2/28/2013 | Sold | $820,000-3.5%$234/sqft |
Source: Oregon Datashare #201010467 Report a problem | ||
| 7/13/2012 | Price change | $850,000-29.1%$242/sqft |
Source: John L Scott Real Estate #201010467 Report a problem | ||
| 4/21/2012 | Price change | $1,199,000-4.1%$342/sqft |
Source: John L Scott Real Estate #201010467 Report a problem | ||
| 11/25/2011 | Price change | $1,250,000-7.4%$356/sqft |
Source: John L Scott Real Estate #201010467 Report a problem | ||
| 9/22/2011 | Price change | $1,350,000-15.6%$385/sqft |
Source: John L Scott Real Estate #201010467 Report a problem | ||
| 8/30/2011 | Price change | $1,600,000-5.9%$456/sqft |
Source: John L Scott Real Estate #201010467 Report a problem | ||
| 12/10/2010 | Listed for sale | $1,700,000-5.6%$485/sqft |
Source: John L Scott Bend #201010467 Report a problem | ||
| 2/28/2007 | Sold | $1,800,000$513/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $22,817 +4.6% | $1,349,210 +3% |
| 2024 | $21,810 +4.9% | $1,309,920 +6.1% |
| 2023 | $20,791 +9% | $1,234,730 |
| 2022 | $19,083 +3.1% | $1,234,730 +6.1% |
| 2021 | $18,506 | $1,163,860 |
| 2020 | -- | $1,163,860 +6.1% |
| 2019 | $16,789 | $1,097,060 |
| 2018 | $16,789 +2.5% | $1,097,060 +3% |
| 2017 | $16,385 +3.5% | $1,065,110 +3% |
| 2016 | $15,831 | $1,034,090 +3% |
| 2015 | $15,831 +6% | $1,003,980 +3% |
| 2014 | $14,937 | $974,740 +3% |
| 2013 | -- | $946,350 +3% |
| 2012 | -- | $918,790 +3% |
| 2011 | -- | $892,030 +3% |
| 2010 | -- | $866,050 +3% |
| 2009 | -- | $840,830 +3% |
| 2008 | -- | $816,340 -27.3% |
| 2002 | -- | $1,122,240 +9.1% |
| 2001 | -- | $1,028,445 +14.9% |
| 2000 | -- | $894,980 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: 7.4 mi
- 6/10Obsidian Middle SchoolGrades: 6-8Distance: 6.9 mi
- 7/10Ridgeview High SchoolGrades: 9-12Distance: 7.8 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
- 8050 NW Grubstake Way
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