This 6-bed, 6-bath home at 12230 NE Hwy 97 in Madras is listed at $29,900,000. It has 4,652 square feet, sits on 33219 acres, and was built in 1921. Status is Active, with 354 days on market.
Overview
Interior
Exterior & lot
Systems & utilities
Financial
Listing
Nearly 50,000± acres of premier Central Oregon cattle and hunting land are available in a single offering. Criterion Ranch includes 33,219± deeded acres and a 15,200± acre BLM grazing permit. With 564.5 irrigated acres, abundant water, and a mild climate, it supports 1,200-1,500 mother cows and strong hay production. Located between Deschutes River, Deep Creek, and Trout Creek, it features Cascade views, trophy wildlife, and fishing for bass, trout, and steelhead. Recreation includes horseback riding, hiking, ATV trails, and more. The ranch boasts a six-bedroom owner's home, multiple ranch houses, cabins, barns, and a banquet hall. A rare turnkey operation with strong income from cattle, hay, hunting leases, guided trips, and events.
A rough estimate, not a quote. Loan amount $23,920,000 · $5,980,000 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.
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 Oct 22, 2026
| Date | Event | Price |
|---|---|---|
| Nov 4, 2025 | Listed | $29,900,000 |
| Nov 4, 2025 | Back on market | $29,900,000 |
| Year | Tax |
|---|---|
| 2024 | $31,565 |
Tax as filed on the listing. Jefferson County. Parcel 595.
Similar homes
Madras · What to do about this house
The typical cut was 4.6% 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 October 21, 2026
Ryan Realty analysis · n=161 · read 2026-10-24 | Ryan Realty analysis · n=68 · read 2026-10-24 | Ryan Realty analysis · n=151 · read 2026-10-24 | public.listings, this listing · OnMarketDate 2025-11-04, 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 Hicks Team - Fay Ranches LLC
Data last updated October 24, 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.
