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This well-maintained home sits on 2 level acres, fully fenced and ready for animals, gardening, or play. Inside, enjoy a spacious open floor plan with excellent separation of the primary bedroom. The kitchen offers solid-surface counters, abundant workspace, and flows easily into the living and dining areas—perfect for everyday comfort or entertaining. Major updates include a 2-year-old roof with skylights, a new heat pump in 2023, a 3-year-old hot water tank, and fresh exterior paint in 2024. Extras you'll love: whole-house sound system, central vacuum with new hose/attachments, and a 4-year-old hot tub to unwind under the stars. Outside, there's plenty of parking—including RV power hookup—a finished shed with permitted electrical, plus an added garden shed with riding mower that could stay. A true gem offering peaceful rural living with modern updates already done!
A rough estimate, not a quote. Loan amount $412,000 · $103,000 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
0 listings of every type for sale. Switch a type back on, 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 |
|---|---|---|
| Jul 29, 2025 | Price drop | $508,000$7K down |
| Jun 27, 2025 | Listed | $515,000 |
$318 per sq ft
26 days on market. Madras median to pending is 53 days.
Tax $3,559 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 $515,000 with 20% down, this property runs $1,921 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 Mariposa Real Estate Corp., agent Nessa Segoviano, 541-527-1968
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 $515,000, 13.2% above the Madras median list price. See full Madras market →