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    1814 Remington Rnch Dr Redmond, OR 97753

    Sponsored
    For Sale
    $17,000,000

    Prime Oregon Land: Resort Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,077-acre property in Crook County, Oregon, presents a unique opportunity for a large-scale destination resort development. Located near Powell Butte, with the address 1814 Remington Ranch Drive, zip code 97753, this land boasts breathtaking views of the Three Sisters Mountain Range, Mount Bachelor, Mount Jefferson, and Smith Rock. Previously approved for a resort encompassing 800 home sites and 400 overnight lodging units, the original plans also included three 18-hole golf courses. The property includes existing infrastructure, such as a 4,384 sq ft lodge serving as a sales office/ranch manager's home, a pole barn, improved roads, three wells, and established water rights. Its strategic location offers convenient access to Redmond Airport and is within easy driving distance of Portland International Airport. The permitted zoning is Destination Resort, making this a turnkey opportunity for a visionary developer. The asking price for this expansive and uniquely situated land is $17,000,000. Further details are available upon request.

    Property Features for 1814 Remington Rnch Dr

    General Information

    Property type
    Farms
    Lot Size
    90,474,120 SF

    HighLights

    • 2,077‑acre property in Crook County, Oregon, near Powell Butte (1814 Remington Ranch Drive, 97753).
    • Stunning views of Three Sisters, Mount Bachelor, Mount Jefferson, and Smith Rock.
    • Previously approved for a resort with 800 homesites and 400 lodging units, plus three 18‑hole golf courses.
    • Existing infrastructure includes a 4,384 sq ft lodge, pole barn, improved roads, three wells, and established water rights.
    • Convenient access to Redmond Airport and proximity to Portland International Airport.
    • Destination Resort zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Accounting Firm Electrical Service Catering Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Redmond
    County
    Crook
    State
    Oregon
    Longitude
    -121.092745
    Latitude
    44.32272

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    FAQs

    What type of property is this?
    Farm - Prime Oregon Land: Resort Development Potential
    Where is this farm located?
    The property is located at 1814 Remington Rnch Dr Redmond, OR.
    What is the asking price?
    The asking price for this property is $17,000,000.
    What are key features of this property?
    This property features: 2,077-acre property in Crook County, Oregon, near Powell Butte (1814 Remington Ranch Drive, 97753).; Stunning views of Three Sisters, Mount Bachelor, Mount Jefferson, and Smith Rock.; Previously approved for a resort with 800 homesites and 400 lodging units, plus three 18-hole golf courses.
    Request Owner's contact information
    1814 Remington Rnch Dr Redmond, OR 97753
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    Redmond, OR 97753
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1814 Remington Rnch Dr Redmond, OR 97753
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