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Nestled on a stunning 2.44 acre horse property, this home is truly a slice of paradise. This inviting 3 bed, 2 bath home is complemented by a large 24x44 shop, a detached 2 car garage, 12x16 guest quarters, a generous 20x90 fenced garden with an 8x20 greenhouse, an orchard filled with apple, plum, and peach trees, a chicken coop, an 8x12 playhouse, play set and horseshoe pit for added back yard fun. This property is equipped with an electric RV hookup, ample parking, and solar power that keeps the monthly electric bill impressively low at an average of just $15! Inside, the home offers modern comforts like an on-demand hot water heater, updated windows (most replaced in 2023), and double insulation to keep the space warm and energy efficient. Solid core doors lend an extra touch of quality, while the cozy wood stove is ideal for creating a warm ambiance on chilly winter nights. Don't miss this chance to own a one of a kind property. Contact your favorite agent today for a showing!
A rough estimate, not a quote. Loan amount $447,200 · $111,800 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.
| Date | Event | Price |
|---|---|---|
| Apr 7, 2025 | Price dropMlsStatus: Pending → Closed | $540,000$19K down |
| Nov 7, 2024 | Listed | $559,000 |
$285 per sq ft
147 days on market. Madras median to pending is 53 days.
Tax $3,257 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 $559,000 with 20% down, this property runs $2,130 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 Coldwell Banker Sun Country, agent Mackenzie Licea, 541-447-4433
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 $559,000, 22.9% above the Madras median list price. See full Madras market →