SW Fairgrounds Rd # Lot 00200 Madras, OR $ 350,000
SW Fairgrounds Rd # Lot 00200
$ 350,000
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SW Fairgrounds Rd # Lot 00200

Madras, OR, 97741
$ 350,000
Baths0.0

Monthly Estimate*

$ 2,184

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Studio

Lots and Land for sale in Madras, OR

for $350,000. The lot size is 2.51.

Prime Development Opportunity - 2.5 Acres Zoned R1. This is a rare opportunity to acquire 2.5 acres of flat, build-ready land in an exceptional location—directly across from the Jefferson County Fairgrounds. Zoned R1, this property has the potential to be subdivided into as many as 20 single family lots (buyer to verify with the City of Madras). Sewer has already been installed throughout the property, offering a major head start for development. Whether you're looking to build a subdivision of single-family or multi-family homes—or explore other possibilities. RV park potential exists, given the property's proximity to the fairgrounds & ideal layout for accommodating seasonal activity. This is an investment worth serious consideration. Please consult with the City of Madras for specific zoning and use requirements. Two conceptual Subdivision plans exist, ask for copies to review different development approaches. Growing demand and location offering direct access to everything!

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Lots and Land Active

Price

$ 350,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 1,145

Style

Residential Lots

Lot Size

2.51

Town/City

Madras

County/Region

Jefferson

MLS | Web ID

220208077

Features
General
Sewer Public Sewer
Utilities Cable Available Electricity Available Fiber Optics Available Natural Gas Available Phone Available
View Territorial
Unit Number Lot 00200
Property Subtype Residential Lots
Tax Year 2024
Current Use Pasture Vacant
County Jefferson
Property Type Land
HOA N
Subdivision Name Madras
Garage Y/N N
Status Active
Directions Located directly South of 541 SW Fairgrounds Rd. Madras OR 97741
High School Madras High
City Madras
Senior Community Y/N N
Zoning Description R1
Lot Size Units Acres
Lot Size Square Feet 109335.6
Carport Y/N N
Elementary School Madras Elementary
Land Lease Y/N N
Tax Annual Amount 1145.68
Home Warranty Y/N N
Middle/Junior High School Jefferson County Middle
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
New Construction None
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Exterior
Fencing Barbed Wire
Lot Features Level Sloped
Water Source Public
Lot Size Area 2.51
Spa N
Lot Size Acres 2.51
Road Surface Type Paved
Road Frontage Type Shared Access
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Total Baths 0
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* Excluded Features
List By
E Lamar Yoder

Listing Agent

Exp Realty, Llc

Broker

503-915-8271

Contact

Affordability Calculator

$2,279
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,184
Monthly Property Taxes
$95
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2915648 Elementary School
2915520 Middle School
Madras High High School
Pricing History
DatePricePrice ChangeDescription
8/21/2025$350,000 Listed Price

Map


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SW Fairgrounds Rd # Lot 00200, Madras, OR, 97741 is a Lots and Land for sale at $350,000 with a lot size of 2.51. SW Fairgrounds Rd # Lot 00200 is a studio with 0.0 baths. The property's zip code is 97741 which is in Madras, OR