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HUGE price reduction! Motivated Seller! This stunning custom-built 2,635 sf home and 2,176 sf shop sit on 80 acres, offering breathtaking 360-degree views from the Cascade Mountains to rolling farm ground and juniper-covered canyons. Step inside the no-step entry with lit display cove and generous storage. Open archways flow seamlessly into the spacious living room featuring built-in entertainment center and bookcases, perfect for gatherings. The gourmet kitchen boasts granite countertops, abundant storage, walk-in pantry, and top-tier appliances. The primary and guest bedrooms easily fit king beds. The luxurious primary suite includes a huge walk-in closet and bath with dual vanities, his-and-her toilets, grab bars, and spacious roll-in tile shower with three heads. The 32x68 heated shop delivers 200-amp service, 110/220 outlets, and a 220V heater, ideal for hobbies, business, or storage.
A rough estimate, not a quote. Loan amount $703,200 · $175,800 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 12, 2026 | Price dropMlsStatus: Pending → Closed | $815,000$64K down |
| Aug 12, 2026 | Sold | $879,000 |
| Jul 16, 2026 | Pending | $879,000 |
| Jun 29, 2026 | Price change | $879,000$90K down |
| May 14, 2026 | Listed | $969,000 |
$334 per sq ft
88 days on market. Madras median to pending is 53 days.
Tax $6,874 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 $1,602 ($1,450–$1,850) · HUD Fair Market Rent (FY2025), Jefferson County, 3BR. Edit to your own number.
At $879,000 with 20% down, this property runs $4,134 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 RE/MAX Key Properties, agent Mike Helms, 541-728-0033
Data last updated September 2, 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 $879,000, 93.2% above the Madras median list price. See full Madras market →