$360,000
262 Par
Madras, OR 97741 · N/A
Pending5 days on market$288/sqft
Facts
Listing courtesy of Engel & Voelkers Bend, agent James Page
Data last updated June 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.
Just reduced $13,000. Built in 2024 and move-in ready, this MonteVista home combines modern finishes, thoughtful upgrades, and a fully usable outdoor space that's ready to enjoy from day one. Vaulted ceilings, quartz countertops throughout, and a gas fireplace create a bright, welcoming interior, while dual HVAC with heat pump and central forced air provide year-round comfort.
Outside, the fully fenced 7,405 sq. ft. lot features front-to-back irrigation, a covered front patio, storage shed, and room for RV parking. The primary suite includes a private en-suite bath, and the 2-car garage comes equipped with an automatic opener.
All appliances are included. No HOA. Vacant and ready to close on your timeline. Conveniently located near Desert Peaks Golf Course with easy access to Bend and Redmond via Hwy 97.
A rare opportunity to enjoy the benefits of a nearly new home with the added convenience of a property that's already finished and ready to enjoy.
This home is listed at $360,000 — 10.0% below the Madras median. See full Madras market →
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $288,000 · $72,000 down · 30 year term
Monthly cash flow, cap rate, and cash-on-cash return at this price. Every number is an estimate you can adjust to your own financing and rent.
Estimate $1,602 ($1,450–$1,850) · HUD Fair Market Rent (FY2025), Jefferson County, 3BR. Edit to your own number.
At $359,999 with 25% down, this property runs $903 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.
We pull climate risk data from FEMA flood maps, the Deschutes County wildland-urban interface map, and NOAA heat trends. Detailed scoring for this property is on request.
Get the climate reportWe compute vacation rental projections from comparable short-term rentals in the same community, weighted by bed count, view, and amenities. A custom projection for this property is on request.
Get the rental projectionBrowse current listings with a full video tour. See the flow, the light, and the lot before you book a showing.
