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This 4-bed, 3.5-bath home at 4647 SW Belmont Lane in Madras is listed at $949,000. It has 2,822 square feet, sits on 78.94 acres, and was built in 2000. Status is Pending, with 532 days on market.
Overview
Interior
Exterior & lot
Systems & utilities
Financial
Listing
From the MLS listing. Verify with the listing broker.
Looking for privacy without sacrificing convenience? This stunning 79-acre estate offers the best of both worlds—seclusion and sweeping views, just minutes from town. Surrounded by open grasslands and bordered by National Forest, this one-of-a-kind property features a beautifully crafted 2,900 sq ft home with 3 bedrooms, 2.5 bathrooms, an office, and a versatile bonus room that can serve as a 4th bedroom. Enjoy panoramic 360-degree views from every window.
A detached two-car garage includes a charming guest house—perfect for visitors or multi-generational living. The property also boasts a large RV garage/shop, fully insulated with a 50-amp hookup, concrete floors, and a durable metal roof—ideal for storing all your Central Oregon adventure gear.
Lovingly built and meticulously maintained, this home offers the peace and space you've been dreaming of, all within easy reach of town amenities. Don't miss this unique opportunity to live your Central Oregon dream!
A rough estimate, not a quote. Loan amount $759,200 · $189,800 down · 30 year term.
Insurance starts at 0.35% of price each year. Type your quote to replace it.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share inside the recorded boundary of Madras. The wash is sales density of closes in the last 90 days; homes for sale and pending stay as marks. Pulses and the sold count are the closes of the last 30 days. Counts and medians cover every listing read for this map.
The median sale price is $375,000, the middle of 159 single family closed sales over the last 12 months. (Oregon Data Share MLS, as of Nov 8, 2026)
Madras
live MLS through Oregon Data Share, active single-family houses in Madras, the same count and median list the Madras market figures on this site publish. This price is the published list price. Months of supply = active listings divided by average monthly closings over the last 6 months (homes closed in the last 6 months divided by 6). A lower months-of-supply figure means fewer homes for sale relative to the recent sales pace. · updated Nov 9, 2026
| Date | Event | Price |
|---|---|---|
| Oct 27, 2026 | Pending | $949,000 |
| Sep 29, 2026 | Price drop | $949,000$50K down |
| Jul 16, 2026 | Price change | $999,000 |
| Jul 15, 2026 | Price drop | $999,000$151K down |
| May 27, 2026 | Price change | $1,150,000 |
| May 14, 2026 | Price drop | $1,150,000$40K down |
| Oct 31, 2025 | Price drop | $1,190,000$10K down |
| May 27, 2025 | Listed | $1,200,000 |
| Year | Tax |
|---|---|
| 2024 | $5,893 |
Tax as filed on the listing. Jefferson County. Parcel 2706.
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Madras · What to do about this house
The typical cut was 4.5% off the original ask, and the typical home went under contract in 57 days.
Madras single family homes · every sale that closed in the 12 months to November 8, 2026
Ryan Realty analysis · n=159 · read 2026-11-10 | Ryan Realty analysis · n=66 · read 2026-11-10 | Ryan Realty analysis · n=150 · read 2026-11-10 | public.listings, this listing · OriginalListPrice 1200000 to ListPrice 949000 · OnMarketDate 2025-05-27, calendar days to today in America/Los_Angeles · not DaysOnMarket, which is list-to-close
Tour requests usually get a same-day reply.

Listing courtesy of eXp Realty, LLC
Data last updated November 10, 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.