Homes/Oregon/Redmond/481 SW Helmholtz Way
CompCasa Property Analysis · single_family

481 SW Helmholtz Way

Charming Single‑Level Ranch on ~2+ Acres with Irrigation Rights

Quiet country setting — workshop, carport, and usable irrigated acreage

4 beds2 baths1,706 sq ftBuilt 19482.16 acrescarport (no enclosed garage); dedicated workshop area
CompCasa valuation analysis
Estimated market value
$637,500
Low $605,000 · Midpoint $637,500 · High $670,000
Confidence70%Sales comparison approach
CompCasa estimate$637,500Mar 12, 2026
$605,000$637,500 midpoint$670,000
Price / sq ft$374.6
Median sale price$520,000
Avg days on market25 days
Inventory2.5 months

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.

About the property

Charming Single‑Level Ranch on ~2+ Acres with Irrigation Rights

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.

Property details

A 1948 ranch on 2.16 acres.

Building

Year built1948
ConstructionWood Frame (Assumed)
Heatinggas fireplace noted; central heating presence unknown (likely forced air or wall heaters)
Coolingnone noted

Site & utilities

Lot size2.16 acres
Garagecarport (no enclosed garage); dedicated workshop area
Stories1
ConditionGood
BasementNone
FireplaceYes
Improvement notesSingle‑level ranch with mix of original hardwoods and updated flooring. Gas fireplace in family room. Carport and workshop attached/separate. Partial landscaping and fencing. Some original mid‑century details remain.
Lot area94,089 sq ft
TopographyLevel
FrontageSet back from road with long driveway; partial fencing noted in listing
ParkingCarport And Driveway
Parking spaces4
Parking notesCovered carport; parking pad and room for trailers/ATVs. Dedicated workshop area provides additional covered storage.
AccessPrivate driveway from SW Helmholtz Way; property sits back from road providing privacy.
WaterUnknown (Could Be City Water Or Private Well) — Listing Text Does Not Specify; Likely Well/Septic On Larger Lot — Verify
SewerUnknown (Likely Septic For A Large Lot Outside Dense City Core) — Verify
ElectricConnected (Assumed)
GasNatural Gas Or Propane Likely (Gas Fireplace Present) — Verify
Location & nearby

Southwest Redmond / rural residential

Researched nearby locations

Redmond Municipal Airport (RDM) (~3–4 mi)
Downtown Redmond (shops & restaurants) (~5–8 mi)

Location

481 SW Helmholtz Way, Redmond, OR 97756

View in Google Maps
Editorial neighborhood context

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.

Nearby access summary

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.

ElementaryNearest elementary likely in Redmond School District 2J (verify assignment) — example local school: John T. Gray Elementary (rating ~6/10) — VERIFY with district
Middle schoolElton Gregory Middle School (Redmond School District 2J) — rating ~5/10 (district boundaries vary)
High schoolRidgeview High School or Redmond High School (Redmond School District 2J) — ratings ~6–8/10 depending on school
School districtRedmond School District 2J
Market context

A factual market snapshot around 481 SW Helmholtz Way.

Median sale price$520,000
Avg days on market25 days
Inventory2.5 months
1-year appreciation200.0%
5-year appreciation1800.0%
Editorial market perspective

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.

Zoning & land use

Likely rural residential or low-density single-family zoning; larger lots permit single-family homes, accessory structures, small-scale agricultural/hobby farm uses

Zoning

DescriptionLikely rural residential or low-density single-family zoning; larger lots permit single-family homes, accessory structures, small-scale agricultural/hobby farm uses
JurisdictionCity of Redmond / Deschutes County (likely city-adjacent rural residential)
Current useResidential
SetbacksSetbacks vary by exact zoning; verify with City of Redmond / Deschutes County

Research-indicated uses

  • Single Family Residence
  • Accessory Buildings/Workshop
  • Small Scale Agriculture / Hobby Farm (Subject To Local Zoning And Irrigation Rules)
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Research findings & due diligence

What the research supports — and what is still worth verifying.

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)
Highlights & features

What stands out about this property.

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
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Redfin listing (scraped)View source
Important: This analysis is AI-assisted using pre-scraped listing data and model knowledge. It is not a formal appraisal. Verify all critical facts before making decisions.