$725,000
1/53 BD · 2 BA · 1,520 SF · 4.26 AC
5851 NW 61st Street
Redmond, OR 97756
#220227139 01 / 20
For sale Price cut $51K on May 30Waterfront
$729,000
7690 NW Homestead Court
Redmond, OR 97756 · Odin Falls Ranch
- Baths
- 0
- Acres
- 2.6
Est. $4,128/mo~36 min to downtown Bend (approx.)
Listing by True Partner Realty · 541-419-7789
MLS# 220197599 · Active
01
About this home
Discover a rare opportunity to own a stunning riverfront property in the exclusive gated community of Odin Falls Ranch, Redmond. This one-of-a-kind 2.60-acre retreat offers breathtaking views of the Cascade Mountains and the tranquil sounds of the Deschutes river, creating a serene oasis for nature lovers. Nestled on a private cul-de-sac, this property grants access to an array of outdoor activities, including fishing, walking, and biking trails right outside your door. Start envisioning your dream home with utilities & community water readily available at the street. Enjoy the added benefit of a community well that comes equipped with a generator for peace of mind during power outages. This is your chance to choose the ideal building site and embrace a lifestyle filled with adventure and tranquility. Don't miss out on this exceptional opportunity!
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03
Price history
Cut $51K| Date | Event | Price |
|---|---|---|
| May 30, 2026 | Price cut−$51,000 (6.5%) | $729,000 |
| Aug 18, 2026 | Listed for sale | $780,000 |
From the MLS: original list price and latest price change. 49 days on market.
04
Drive times
~36 min to downtown Bend- Smith Rock State Park~18 min · 8.5 mi
- Redmond Airport (RDM)~19 min · 10 mi
- Sisters~29 min · 18.8 mi
- St. Charles Bend~35 min · 23.3 mi
- Downtown Bend~36 min · 24.7 mi
- Old Mill District~37 min · 25.8 mi
- Mt. Bachelor~56 min · 41.8 mi
- Sunriver Village~56 min · 42.3 mi
Approx. Straight-line distance × 1.3 for roads, at in-town and highway speeds. No traffic, snow, or Hwy 97 construction. Ask Cody about real commute times.
05
Facts & features
- Type
- Residential Lots
- Lot
- 2.6 AC · 113,256 SF
- HOA
- $30/mo
- Taxes
- $1,656/yr
- Subdivision
- Odin Falls Ranch
- County
- Deschutes
- Days on market
- 49
- MLS #
- 220197599
- View
- Canyon · Cascade Mountains · River
- Lot
- Level · Native Plants
- Utilities
- Cable Available · Electricity Available
06
Location & schools
Odin Falls Ranch44.3305° N · 121.2626° W
Directions- Elementary
- Sage Elem
- Middle
- Obsidian Middle
- High
- Ridgeview High
Assignments come from the listing broker and boundaries change. Verify with the school district before you count on them.
07
Monthly payment
$4,128/mo$4,128/mo
$583,200 loan · 30 yr fixed · 6.5%
- Principal & interest
- $3,686
- Property tax (listing)
- $138
- Home insurance (est.)
- $273
- HOA
- $30
20% · $145,800
6.500%
Loan term
Estimate only. Taxes use the listing's reported amount when there is one; insurance is approximated. A lender can give you an exact number.
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#220229242Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 10:30 AM.
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