4050 Sw Highland Avenue, Redmond

$1,495,000

4 Beds
2 Baths
2,526 Sqft
10.05 Acres
0 Garages

Residential 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).

Essential Information
MLS® #201810412
Price$1,495,000
Bedrooms4
Bathrooms2.00
Square Footage2,526
Acres10.05
Levels1 Story
Year Built1981
TypeResidential
Sub-TypeResidential
StyleRanch
StatusActive
Community Information
Address4050 Sw Highland Avenue
AreaRedmond/Terrebonne
SubdivisionCla
CityRedmond
CountyDeschutes
StateOR
Zip Code97756
SectionSW
Amenities
AmenitiesHorse Property
Parking

Garage - 1 Door, RV Access/Parking, Garage Attached, Driveway - Gravel, Garage Door Opener, RV Covered Parking, Shared Driveway, Shop Area, Uncovered Parking, Workbench in Garage

View

Terrain, Cascade Mountain, Mountain Other

Interior
FireplaceYes
FireplacesPropane
Interior

Master Bdrm Mn Level, Ceiling Fan, Central Vacuum

Heating

Forced Air, Electric, High Eff. Heat Pump, Propane

Exterior
ExteriorLandscape, Patio/Deck, Fenced
RoofComposition
ConstructionFrame
FoundationStemwall
Windows

Sliding Glass Door(s, Insulated Windows, Aluminum Windows, Dbl. Pane Windows, Storm Door(s)

School Information
ElementarySage
MiddleObsidian
HighRidgeview
Additional Information
Date ListedOctober 12th, 2018
Days on Market346
ZoningUH10
HOA Fees0.00
Office

Compass Commercial Real Estate Services

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