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Looking for space & city convenience? This rare 1.42-acre property offers stunning Cascade views & is close to schools, parks, & hospital/clinics. Built in 1958, 3-bed, 2 full (1 located in detached garage) & 2 half bath (1 located in the shop) home offers 2024 sq ft home has been well maintained w/thoughtful updates throughout. The remodeled kitchen features hickory cabinets, granite counters, under-cabinet lighting & s/s appliances. Main bath offers a walk-in shower & Corian countertops. New laminate floors, pellet stove, & extensive rockwork in living room add warmth/charm. Bonus room remodeled into spacious family/flex area. Enjoy outdoor living w/ new deck, large covered patio, water feature, outdoor fireplace, garden, fire pit, & new fencing w/privacy slats surrounding back yard in additional to lot perimeter fencing. Detached double garage plus a newly finished 42x52 shop (built in 2022) featuring 3 bays w/14' doors,including a pull-through bay, loft, storage room & 1/2 bath.
A rough estimate, not a quote. Loan amount $479,920 · $119,980 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, 26 pending, 18 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 |
|---|---|---|
| Sep 18, 2025 | Price drop | $540,000$60K down |
| Jun 20, 2025 | Listed | $600,000 |
$296 per sq ft
87 days on market. Madras median to pending is 53 days.
Tax $5,667 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 $599,900 with 20% down, this property runs $2,548 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 Signet Realty, agent Ali Stensgar-Alire, 541-350-4859
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 $600,000, 31.8% above the Madras median list price. See full Madras market →