Price cut $201K
$799,000
1/54 BD · 3 BA · 3,008 SF · 5.5 AC
1686 NE Negus Way
Redmond, OR 97756
#220216057 01 / 52
Pending Price cut $61K on Sep 1
$799,000
5275 NW Homestead Way
Redmond, OR 97756 · Tetherow Crossing
- Beds
- 5
- Baths
- 3.5
- Sq ft
- 2,807
- Acres
- 5.1
- Built
- 2004
- $/SF
- $285
Est. $4,840/mo~37 min to downtown Bend (approx.)
Listing by Jeff Larkin Realty · 541-480-5606
MLS# 220221079 · Pending
01
About this home
Nestled on 5+ acres with direct access to BLM land, this 2,507-square-foot home offers a rare combination of luxury and high-desert adventure. The two-story residence is designed to capture the rugged beauty of Central Oregon with views of Smith Rock and the Cascade Mountains. Spacious living throughout the house, including two master suites (one on the main level). Interior upgrades include solid oak plank floors, tile countertops, fireplace, and vaulted ceilings. Enjoy the outdoor lifestyle with large trex deck and fire pit for sunset watching and direct trail access for horses and ATVs. Professional shop is fully insulated with its own systems. For the outdoor enthusiasts, the property's boundary adjoins public lands, making it a perfect hub for trail riding or exploring the nearby High Desert landscape. This one is a must see!
02
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03
Price history
Cut $61K| Date | Event | Price |
|---|---|---|
| Sep 1, 2026 | Price cut−$60,500 (7.0%) | $799,000 |
| May 25, 2026 | Listed for sale | $859,500 |
From the MLS: original list price and latest price change. 134 days on market.
04
Drive times
~37 min to downtown Bend- Smith Rock State Park~15 min · 6.5 mi
- Redmond Airport (RDM)~18 min · 8.8 mi
- Sisters~32 min · 20.9 mi
- St. Charles Bend~35 min · 23.7 mi
- Downtown Bend~37 min · 25.3 mi
- Old Mill District~38 min · 26.4 mi
- Mt. Bachelor~57 min · 43.4 mi
- Sunriver Village~57 min · 43.1 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
Built 2004- Type
- Single Family Residence
- Year built
- 2004
- Stories
- 2
- Garage
- 2 spaces
- Lot
- 5.1 AC · 222,156 SF
- Price / SF
- $285
- HOA
- $25/mo
- Taxes
- $5,702/yr
- Subdivision
- Tetherow Crossing
- County
- Deschutes
- Days on market
- 134
- MLS #
- 220221079
- Interior
- Breakfast Bar · Ceiling Fan(s) · Open Floorplan · Pantry · Soaking Tub · Tile Counters · Vaulted Ceiling(s) · Walk-In Closet(s) · Linen Closet · Shower/Tub Combo · Fiberglass Stall Shower · Tile Shower
- Appliances
- Dishwasher · Dryer · Microwave · Oven · Range · Range Hood · Refrigerator · Washer · Water Heater
- Flooring
- Carpet · Hardwood · Tile
- Heating
- Electric · Propane
- Fireplace
- Propane
- Exterior
- Fire Pit · RV Hookup
- Parking
- Attached · Concrete · Driveway · RV Access/Parking
- View
- Mountain(s) · Panoramic · Territorial
- Lot
- Native Plants · Sprinklers In Front · Sprinkler Timer(s) · Adjoins Public Lands
- Roof
- Composition
- Community
- Access to Public Lands
06
Location & schools
Tetherow Crossing44.3333° N · 121.2301° 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
$4,840/mo$4,840/mo
$639,200 loan · 30 yr fixed · 6.5%
- Principal & interest
- $4,040
- Property tax (listing)
- $475
- Home insurance (est.)
- $300
- HOA
- $25
20% · $159,800
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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#220224967Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 2:01 PM.
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