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Welcome to your dream retreat! This absolutely stunning home boasts breathtaking mountain views and offers 3 cozy bedrooms, 2 modern bathrooms, and sits on an expansive 1.87-acre lot. Perfectly designed for comfort and privacy, the property is fully fenced with impressive entry gates at the front.
Built just four years ago, this home is as good as new. A spacious single car detached garage and a handy 10x16 shed provide ample storage. The property also includes a massive 24x36 shop with a concrete floor, perfect for any hobbyist or professional workspace needs.
Conveniently located less than 5 miles from the picturesque Lake Simtustus, this home offers the best of both worlds: tranquility and accessibility. Whether you're soaking in the majestic views, working in your spacious shop, or enjoying a day at the lake, this property is your ideal sanctuary. Don't miss out on the opportunity to own this exceptional home!
A rough estimate, not a quote. Loan amount $399,920 · $99,980 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
110 listings of every type for sale, 25 pending, 19 sold in the last 30 days. Point at a mark to read it, or slide the price.
In Madras, near Lake Billy Chinook.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share inside the recorded boundary of Madras, plus the closes of the last 30 days. Counts and medians cover every listing read for this map. Roads, rivers and lakes: US Census TIGER/Line 2024, drawn in this map's own projection.
Education
| Date | Event | Price |
|---|---|---|
| May 17, 2024 | Listed | $550,000 |
$331 per sq ft
240 days on market. Madras median to pending is 53 days.
Tax $1,268 per year.
The full analysis names every comparable sale and shows the adjustment we made for each one.
Listing fields from Spark. Place median from the live pulse. This is an estimate, not an appraisal. It is not a guarantee of price. See our terms.
New listings
Monthly cash flow, cap rate, and cash-on-cash return at this price. Adjust the numbers to your own financing and rent.
Estimate $1,602 ($1,450–$1,850) · HUD Fair Market Rent (FY2025), Jefferson County, 3BR. Edit to your own number.
At $499,900 with 20% down, this property runs $1,649 per month negative. Adjust the price, down payment, or rent to find what works.
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.
Listing courtesy of Dreams Realty Group, LLC, agent Wendi Monroe, 541-475-3030
Data last updated September 2, 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.
Median close price $385,000 in Aug 2026, down 4.5% from Aug 2025.
Mar 2024 to Aug 2026 (24 months) · Market Truth leftover, Madras city, monthly median close. Completed months only.
This home is listed at $500,000, 9.9% above the Madras median list price. See full Madras market →