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Set within the city limits of Madras, this 2.82 acre property offers exceptional value paired with stunning Cascade Mountain views. The 1952 home features 1,952 sq ft, 4 bedrooms and 3 bathrooms, blending timeless character with meaningful updates including a partial roof (2021), newer kitchen cabinetry, newer carpet and updated kitchen flooring. Amazing Cascade Mountain views from the living room and wood burning fireplace. The oversized 3 bay carport provides excellent clearance for RV, boat or recreational storage. Additional improvements include a outdoor storage stall area, garden shed and a small workshop, creating flexibility for a variety of lifestyles. Ideally located near Madras Aquatic Center, Central Oregon Community College, Juniper Hills Park and close proximity to the hospital and medical clinics . A strong opportunity for buyers seeking space, views and long term value in today's market. Home is being sold as is where is.
A rough estimate, not a quote. Loan amount $300,000 · $75,000 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
111 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 |
|---|---|---|
| Aug 10, 2026 | Sold | $375,000 |
| Jul 16, 2026 | Pending | $375,000 |
| Jun 10, 2026 | Price change | $375,000$15K up |
| May 15, 2026 | Listed | $360,000 |
$192 per sq ft
82 days on market. Madras median to pending is 53 days.
Tax $2,309 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 $1,798 ($1,625–$2,075) · HUD Fair Market Rent (FY2025), Jefferson County, 4BR. Edit to your own number.
At $375,000 with 20% down, this property runs $921 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 3, 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 $375,000, 17.6% below the Madras median list price. See full Madras market →