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4050 SW Highland Avenue

Home for sale in Redmond, Oregon, 97756 | MLS: 201810412 | Active

PHOTO 1 of 25
$1,495,000
Property Highlights
Payments: $7,170/mo (terms) Bedrooms: 4 Baths: 2 Living: 2,526 sq. ft. ($592/sf) Land: 10.05 ac. ($3/sf) Year Built: 1981 Days in MLS: 61 Page Views: 39 Take a Virtual Tour
Property Details
Taxkey: 15131800 Style: Ranch Construction: Frame Levels: One Roof: Composition Floors: Carpet, Tile, Vinyl Rooms: Great Room, Kitchen, Breakfast Nook, Living Room, Dining Area, Family Room, Utility Room Interior: Ceiling Fan, Central Vacuum, Master Ground Level Additional Buildings: Barn, Shop Exterior: Fenced, Landscaped, Patio/Deck Fireplace: Propane Water: Shared Well Heat/Cool: High Eff. Heat Pump, Propane, Electric, Forced Air Included: 2 Registered Ponds Community: Horse Property Annual Taxes: 5401.89 Terms: Cash

R
esidential home on 10.05 Acres of prime development land inside the UGB and part of the West Redmond Area Plan known as WRAP. This property is connected to the city on it's southeast corner which neighbors the new Obsidian Master Plan Development (currently under construction) making it a great candidate for inclusion into the city. Several neighboring landowners with a total of 56.17 acres are committed to creating a consortium to work together to prepare the land to be annexed into the city (See Letter to the City attached). The property is currently zoned UH10 (Urban Holding 10) but according to WRAP will be MUE (Multiple Use Employment) which is shown in the attached Framework Plan. The property has 8.07 acres of irrigation. There is a very nice home on the property that can be rented for around $2,500 a month to pay for holding cost between now and future development. Please see the virtual tour for a full video of the inside and outside of the property (includes drone flyover).

Listing Brokerage: Compass Commercial Real Estate Services


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