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Listing
Highly productive 198 acre farm in Central Oregon with 146.9 acres of Deschutes River water rights. This farm is very efficient with 3 newer center pivots covering the bulk of the farmable acreage. Property has a nicely updated four bed two bath home with gorgeous unobstructed views of the Cascade Mountains, and a 360° view of the local mountains. The master suite was added in 2012 complete with a walk-in closet, jetted tub and a propane fireplace to keep you cozy. Property is conveniently located on a paved dead-end road only a couple miles from Madras with shopping and schools a very short commute. This property borders BLM land and includes a portion of Willow Creek Canyon where Mule Deer and other wildlife are frequently observed. Outside is a landscaped fenced yard along with a detached garage, a large shop, a hay shed and a horse barn with tack room and storage area. Here is your chance to own a turnkey farm in beautiful Jefferson County.
A rough estimate, not a quote. Loan amount $1,240,000 · $310,000 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 (market_metric, place membership). 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). 4 months of supply or less is a seller's market, above 4 and under 6 is balanced, 6 or more is a buyer's market. · updated Oct 11, 2026
| Date | Event | Price |
|---|---|---|
| Sep 4, 2026 | Price drop | $1,550,000$240K down |
| Feb 3, 2026 | Price drop | $1,790,000$100K down |
| Oct 29, 2024 | Listed | $1,890,000 |
| Year | Tax |
|---|---|
| 2023 | $4,590 |
Tax as filed on the listing. Jefferson County. Parcel 1226 & 14934.
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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 October 10, 2026
public.market_metric · stat_id=pct_with_price_cut · geo_type=city · geo_slug=madras (Madras) · segment=detached · window_months=12 · definition_id=mt-v1 · n=165 · complete_through=2026-10-10 · read 2026-10-11 | public.market_metric · stat_id=median_price_cut_pct · geo_type=city · geo_slug=madras (Madras) · segment=detached · window_months=12 · definition_id=mt-v1 · n=67 · complete_through=2026-10-10 · read 2026-10-11 | public.market_metric · stat_id=median_days_to_contract · geo_type=city · geo_slug=madras (Madras) · segment=detached · window_months=12 · definition_id=mt-v1 · n=152 · complete_through=2026-10-10 · read 2026-10-11 | public.listings, this listing · OriginalListPrice 1890000 to ListPrice 1550000 · OnMarketDate 2026-10-11, 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 Keller Williams Realty Central Oregon
Data last updated October 11, 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.
