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Bring your vision to life on this spacious .46-acre residential lot in Madras! Zoned R-2, this property offers the opportunity to build a custom home or place a manufactured home (buyer to verify with the City of Madras). Located in an established neighborhood with convenient access to schools, parks, shopping, and Highway 26. Plenty of room to create your ideal home while enjoying the surrounding Central Oregon landscape. Buyer to perform their own due diligence regarding zoning, permitted uses, manufactured home requirements, utility availability and connection costs, water, sewer, power, natural gas, telecommunications, lot dimensions, setbacks, access, and all development requirements with the appropriate agencies. Property is being sold as-is.
A rough estimate, not a quote. Loan amount $20,000 · $5,000 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.
Education
| Date | Event | Price |
|---|---|---|
| Aug 14, 2026 | Price dropMlsStatus: Pending → Closed | $21,000$5K down |
| Aug 14, 2026 | Sold | $25,000 |
| Jul 31, 2026 | Pending | $25,000 |
| Jul 23, 2026 | Listed | $25,000 |
20 days on market. Madras median to pending is 53 days.
Tax $214 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
Listing courtesy of Cascade Hasson SIR, agent Wendi Monroe-Kidwell, 541-383-7600
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 $25,000, 94.5% below the Madras median list price. See full Madras market →