$639,000
481 SW Helmholtz Way, Redmond, OR 97756
Charming Single‑Level Ranch on ~2+ Acres with Irrigation Rights
4 Bed · 2 Bath · 1,706 Sq Ft
Quiet country setting — workshop, carport, and usable irrigated acreage
4
Beds
2
Baths
1,706
Sq Ft
1948
Built
≈2.16 acres
Lot
Carport + dedicated workshop (no enclosed garage)
Garage
About 481 SW Helmholtz Way
This single-level ranch at 481 SW Helmholtz Way delivers country character and practical acreage in southwest Redmond. The 1,706‑square‑foot floorplan (four bedrooms, two baths) balances original charm — hardwood floors and a welcoming porch — with updates that keep the layout functional for modern living. Enter through a shady sitting porch to a pleasant country kitchen and a roomy family room centered around a gas fireplace. Bedrooms are well-separated for privacy and the primary suite sits comfortably away from living areas.
Outside, the property opens to roughly two acres (lot data shows 94,089 SF), with approximately one acre of recorded COI irrigation rights that make planting, pasturing, or a substantial garden realistic for this parcel. The yard is partially fenced, offering safe space for pets or small livestock, with room to add raised beds or an orchard. Practical features include a covered carport, a dedicated workshop area for projects and storage, and multiple outdoor pads for equipment, trailers, or RV parking.
Location is an understated advantage: you get a peaceful rural feel while remaining minutes from key services. Redmond Municipal Airport is nearby for frequent travelers, and downtown Redmond’s restaurants, grocery stores, and services are an easy drive. Outdoor recreation is abundant in Central Oregon — local trails, river access, and world-class rock climbing at Smith Rock are within reach for weekend escapes.
The property is well suited to buyers who value single‑level living and usable land — families, downsizers seeking room for hobbies, or buyers wanting a small-scale hobby farm. Systems and utilities should be confirmed during due diligence (water/sewer connections and the precise acreage should be verified). With its mix of living space, irrigated land, and workshop utility, this home offers a rare combination on the southwest side of Redmond.
Home Highlights
Property Features
Interior Features
- Single-level 1,706 SF layout
- 4 bedrooms, 2 full bathrooms
- Gas fireplace in the family room
- Mix of original hardwoods and updated flooring
- Cozy country kitchen with efficient flow
Exterior & Lot
- ≈2.16-acre lot (94,089 SF per public data)
- Approximately 1 acre of COI irrigation rights
- Partially fenced yard
- Shady sitting porch and set-back positioning from road
- Carport and dedicated workshop area
Location & Neighborhood
- Southwest Redmond rural-residential character
- Short drive to Redmond Municipal Airport (~3–4 miles)
- Easy access to downtown Redmond amenities (groceries, dining, services)
- Proximity to regional recreation (Deschutes River corridor, trails, Smith Rock State Park)
Walkability & Recreation
- Walkability Rating: 25/100
- Close to regional trailheads and outdoor recreation (driving distance)
- Large private lot supports outdoor activities on-site
Neighborhood & Location
Southwest Redmond is a mix of rural residential parcels and irrigated agricultural lots with a quiet, spacious character. Properties here tend to sit farther apart than in the city core, offering privacy and room for gardens, barns, or workshops. Residents enjoy quick access to regional recreation and a manageable commute to downtown services and the regional airport.
Market Insights
Central Oregon remains a market where land and usable outdoor space command attention. As of early 2026 the Bend-Redmond region has seen modest, steady appreciation after the market normalization period in 2023–2024. Inventory of irrigated acreage close to town is limited; properties with a full acre or more of irrigation rights typically trade with a premium versus similarly sized homes on small suburban lots. Expect motivated owner-occupier demand at this price range, especially from buyers seeking single-level living with gardening or hobby-farming capability. Properly marketed — emphasizing the COI irrigation rights, workshop, and proximity to RDM airport — this listing should attract a focused pool of buyers and sell competitively in a moderate seller-favorable environment. Days on market for comparable acreage homes tends to be below the area average when pricing reflects condition and services.
Nearby Schools
Redmond School District 2J (verify assignment)
District · Varies by school assignment
Elton Gregory Middle School
Middle · Approx. 3–5 miles (verify)
Ridgeview High School / Redmond High School
High · Approx. 4–8 miles (verify assignment)
Walkability & Recreation
Strong regional outdoor access — trails, river corridors and state parks reachable within a short drive; on-site acreage supports gardening and small-scale outdoor projects.
Investment Highlights
- Large private lot of roughly 2+ acres with approximately 1 acre irrigation rights
- Single-level, 4-bed, 2-bath ranch — broad buyer pool (families, downsizers)
- Workshop and carport add utility and storage without significant additional investment
- Close proximity to Redmond Municipal Airport and downtown services
- Limited supply of irrigated acreage parcels in SW Redmond — structural premium potential
Key Findings
- List price: $639,000; AVM ~ $637,265
- Finished area: 1,706 SF; 4 bedrooms and 2 bathrooms
- Lot: recorded 94,089 SF (~2.16 acres) in scraped data; marketing copy references 2.39 acres — verify legal description
- Year built: 1948 — maintained condition with mix of original and updated finishes
- Parking: carport and driveway; no enclosed garage
- Irrigation: approx. 1 acre COI rights included (adds functional value for outdoor/agricultural use)
Things to Consider
- Unclear utility connections (well/septic vs city services) — requires verification
- Age of home (1948) may indicate need for systems updates (HVAC, roof, electrical) depending on inspection
- Exact acreage discrepancy between listing text and lot square footage requires title/plat confirmation
- Zoning/irrigation rules could limit certain agricultural or development uses — check with City/County
Opportunity Analysis
Acquire a single-level family home on a substantial irrigated lot in SW Redmond that appeals to owner-occupiers seeking land for hobby farming, multi-generational living, or outdoor amenities. The acreage and irrigation rights differentiate this property from typical suburban lots and support a small premium.
Potential Use Scenarios
- Target owner-occupier buyers seeking single-level living with outdoor space; highlight irrigation rights and workshop in marketing.
- For investors, consider minor cosmetic updates to increase marketability and justify price-per-sf premium for acreage.
- Verify utilities and zoning early; if city services unavailable, budget for septic/well maintenance items.
Risk Factors
- Potential hidden maintenance costs in an older home
- Utility constraints (septic/well) can impact finance options for some buyers
- Market sensitivity to interest rates could affect buyer pool size at this price band
Buyers should conduct independent due diligence before making any purchase decisions.
AI Valuation Estimate
Low
$605K
Midpoint
$638K
High
$670K
$374.6/SF estimated price per square foot
Estimate anchored to the provided list price ($639,000) and AVM (~$637k). Range accounts for size of lot (~2.16 acres), irrigation rights, single-level layout, and condition/age (1948). No live comparable sales were pulled — range uses market knowledge for SW Redmond and similar acreage homes.
As of 2026-03-12
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Market & Area Data
Market Trends
Demographics
Redmond and the Bend-Redmond area have seen steady in-migration over the past decade with periodic cooling since 2022; local demand remains stronger for larger lots and single-level homes for buyers seeking space and privacy.
Nearby Points of Interest
- Redmond Municipal Airport (RDM) (~3–4 mi)
- Downtown Redmond (shops & restaurants) (~5–8 mi)
Property offers country-style privacy while remaining a short drive to downtown Redmond, the municipal airport, grocery and regional services. Outdoor recreation (Deschutes River corridor, hiking trails, and state parks) is within a 20–40 minute drive.
School District
Market data is based on aggregated public records and may not reflect real-time conditions.
Property Details
Building Details
Lot & Site
Utilities
Zoning & Land Use
Allowed Uses
Tax & Sale History
Tax Assessment
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