Listed by: Graham Dent · Compass Commercial Real Estate
- 4.1 acres
3131 SW Highland Avenue, Redmond, OR 97756
- Residential LotsHome type
- 4.1 acresLot
- NoneHOA
About this home
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.
Facts & features
Property
- Lot size
- 4.1 acres
- Subdivision
- N/A
Construction
- Home type
- Residential Lots
- Property type
- Land
Utilities
Sewer & water
- Public Sewer
- Public water
Community & HOA
- Subdivision
- N/A
- HOA dues
- None
- County
- Deschutes
Financial & listing details
- List price
- $1,100,000
- Annual property tax
- $2,000
- Date on market
- Jul 14, 2026
- Days on market
- 80
- MLS#
- 220225271
Price & status history
| Date | Event | Price |
|---|---|---|
| Jul 14, 2026 | Listed for sale | $1,100,000 |
Neighborhood
- SubdivisionN/A
- CityRedmond, OR 97756
- CountyDeschutes
Payment calculator
Estimated monthly payment
$5,729/mo
- Principal & interest$5,562
- Property taxes$167
- Homeowners insurance$0
- HOA dues$0
Loan amount $880,000 · 30-year fixed at 6.5%
An estimate for planning, not a loan offer. The 6.5% rate is an example; ask a lender for today’s rate. Taxes use the listing’s annual tax amount. Insurance is estimated; mortgage insurance is not included.
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Listing provided by Compass Commercial Real Estate · Listing agent: Graham Dent
- Source
- MLS of Central Oregon
- MLS#
- 220225271
- Last updated
- Jul 14, 2026 at 3:14 PM
Listing information is deemed reliable but not guaranteed and should be independently verified. Listings shown are for demonstration while our MLS of Central Oregon IDX feed is being set up.