$600,000

476 Nutcracker

Redmond, OR 97756 · Ridge At Eagle Crest

Active0 days on market$315/sqft

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Property facts

Bedrooms: 3
Bathrooms: 2.0
Living area: 1,904 sq ft
Lot size: 0.32 acres
Year built

Property type

Single Family Residence

MLS number

220220645

Listing courtesy of R.B. Financial Services Inc, agent Robert Browne

Data last updated June 15, 2026

Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.

Description

Great Vacation or Full-time residence at Eagle Crest Resort, a Great Golf Course Community, with 3 18-hole Golf Courses and lots of resort amenities. Completely furnished, 3 BR, 2 full-bath, Large open concept floorplan, with propane fireplace in Great room. Also, has access to a large recently built outdoor deck which faces vast open spaces. Enjoy all the amenities of Eagle Crest Resort with several Sports Centers and Pools, plus miles of walking/bike trails, indoor and outdoor Tennis and Pickle-ball courts, Restaurants and Deschutes River access!

Schools

Schools and district

Elementary

Tumalo Community School

Middle

Obsidian Middle

High

Ridgeview High

Parks and recreation

Parks and recreation nearby

Cline Falls State Scenic Viewpoint

State park0.5 mi

Estimate

Monthly payment estimate

A rough estimate, not a quote. A real number comes from a lender.

Home price

Down payment %

Rate %

Term (years)

Principal + interest$3,000/mo

Property taxes$0/mo

Homeowners insurance$0/mo

Total monthly (PITI)$4,000

Loan amount $480,000 · $120,000 down · 30 year term

For investors

Could this be a rental?

See the monthly cash flow, cap rate, and cash-on-cash return at this price. Every number is an estimate you can adjust to your own financing and rent.

Purchase & financing

Purchase price

Rehab budget (optional)

Down payment25% · $150,000

Interest rate

Loan term

Income

Monthly rent

Estimate $2,336 ($2,100–$2,675) · HUD Fair Market Rent (FY2025), Deschutes County, 3BR. Edit to your own number.

Vacancy

Operating expenses

Property taxes (yearly)

Insurance (yearly)

Management (% of rent)

Maintenance (% of rent)

Capital reserves (% of rent)

HOA (monthly)

Cash flow

-$1,872/mo

Cap rate

2.5%

Cash on cash

-15.0%

Cash needed

$150,000

At $600,000 with 25% down, this property runs $1,872 per month negative. Adjust the price, down payment, or rent to find what works.

Monthly cash flow

Gross rent$2,336

Vacancy (5%)- $117

Operating income$2,219

Operating expenses- $945

Net operating income$1,274

Loan payment- $3,146

Cash flow-$1,872

Browse homes for sale

Estimates only, not investment advice or a guarantee of rent, value, or return. Figures depend on the numbers you enter and current market conditions. Verify with your lender, tax advisor, and a Ryan Realty broker before you rely on them.

Location

Where this home sits

In Redmond, at the center of the Central Oregon High Desert.

Climate risk

Long-term climate exposure

We pull climate risk data from FEMA flood maps, the Deschutes County wildland-urban interface map, and NOAA heat trends. Detailed scoring for this property is on request.

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Investment

Vacation rental potential

We compute vacation rental projections from comparable short-term rentals in the same community, weighted by bed count, view, and amenities. A custom projection for this property is on request.

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