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3131 SW Highland Avenue in Redmond is listed at $1,100,000. It sits on 4.1 acres. Status is Active, with 124 days on market.
Overview
Exterior & lot
Systems & utilities
Financial
Listing
From the MLS listing. Verify with the listing broker.
This 3.99-acre development opportunity offers exceptional visibility along Highway 126/Highland Avenue in Redmond, Oregon. The efficiently shaped parcel features rare unrestricted 35-foot access directly to Highway 126/Highland Avenue and is zoned General Residential (R4), allowing for multifamily, townhomes, cottage clusters, and other residential development, subject to buyer verification. The site has minimal topographical challenges, is located approximately 1.5 miles west of Highway 97 and downtown Redmond, permits certain commercial uses through a conditional use permit, and is situated within the Enterprise Zone, providing an outstanding opportunity for residential or mixed-use development.
A rough estimate, not a quote. Loan amount $880,000 · $220,000 down · 30 year term.
The starting rate is the Freddie Mac 30-year fixed, via FRED published for the week of Nov 9, 2026. You can change it.
3.95 acres on the county assessor's map, tax lot 151317BC03500 · County record. Deschutes County Assessor's Office.
Lot lines come from the county assessor’s tax maps. They show the recorded shape of a parcel, not a survey, and they are not a legal boundary. Order a survey before you rely on a line.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share inside the recorded boundary of Redmond. The wash is sales density of closes in the last 90 days; homes for sale and pending stay as marks. Pulses and the sold count are the closes of the last 30 days. Counts and medians cover every listing read for this map.
The median sale price is $529,999, the middle of 692 single family closed sales over the last 12 months. (Oregon Data Share MLS, as of Nov 14, 2026)
Redmond
live MLS through Oregon Data Share, active single-family houses in Redmond, the same count and median list the Redmond market figures on this site publish. This price is the published list price. Months of supply = active listings divided by average monthly closings over the last 6 months (homes closed in the last 6 months divided by 6). A lower months-of-supply figure means fewer homes for sale relative to the recent sales pace. · updated Nov 15, 2026
| Date | Event | Price |
|---|---|---|
| Jul 14, 2026 | Listed | $1,100,000 |
| Year | Tax |
|---|---|
| 2025 | $2,000 |
Tax as filed on the listing. Deschutes County. Parcel 124207. County assessor
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Redmond · What to do about this house
The typical cut was 4% off the original ask, and the typical home went under contract in 28 days.
Redmond single family homes · every sale that closed in the 12 months to November 14, 2026
Ryan Realty analysis · n=692 · read 2026-11-15 | Ryan Realty analysis · n=314 · read 2026-11-15 | Ryan Realty analysis · n=674 · read 2026-11-15 | public.listings, this listing · OnMarketDate 2026-07-14, calendar days to today in America/Los_Angeles · not DaysOnMarket, which is list-to-close
Tour requests usually get a same-day reply.
Listing courtesy of Compass Commercial Real Estate
Data last updated November 15, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
