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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 three newer center pivots covering the.bulk of the farmable acreage. Property has a nicely updated 4 bed 2 bath home with gorgeous unobstructed views of the Cascade Mountains, and a 360 degree 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 a paved dead end road only a couple miles from Madras with shopping and schools a very short commute.This property borders BLM lands and includes a portion of Willow Creek Canyon where Mule Deer are frequently seen. Outside is 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 turn key 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.
sold in the last 90 days
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. Roads, rivers and lakes: US Census TIGER/Line 2024, drawn in this map's own projection.
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 5, 2026
| Date | Event | Price |
|---|---|---|
| Sep 4, 2026 | Price drop | $1,550,000$240K down |
| Apr 11, 2026 | Back on market | $1,790,000 |
| Feb 3, 2026 | Price drop | $1,790,000$100K down |
| Nov 4, 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 4.6% 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 4, 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=164 · complete_through=2026-10-04 · read 2026-10-05 | 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=68 · complete_through=2026-10-04 · read 2026-10-05 | 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=151 · complete_through=2026-10-04 · read 2026-10-05 | public.listings, this listing · OriginalListPrice 1890000 to ListPrice 1550000 · OnMarketDate 2026-04-11, calendar days to today in America/Los_Angeles · not DaysOnMarket, which is list-to-close
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Listing courtesy of Keller Williams Realty Central Oregon
Data last updated October 6, 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.