1201 N HIGHWAY 26 Madras, OR $ 3,500,000
1201 N HIGHWAY 26
$ 3,500,000
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1201 N HIGHWAY 26

Madras, OR, 97741
$ 3,500,000
Bedrooms3 Baths1.0 Sq 1,658

Monthly Estimate*

$ 21,835

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Single Family Home for sale in Madras, OR

for $3,500,000 with 3 bedrooms and 1 full bath. This 1,658 square foot home was built in 1970 on a lot size of 158.96.

Positioned at the gateway of Central Oregon’s rapid expansion, this 158-acre property presents a rare chance to acquire land with immediate agricultural utility and extraordinary long-term development potential. Located north of Madras, directly on the Urban Growth Boundary (UGB) and across from existing commercial zoning, this property offers future residential, commercial, or mixed-use projects. Multiple access points and direct adjacency to the railroad, it is strategically situated for both growth and connectivity. 76 acres of irrigation rights, providing interim income potential and agricultural viability while awaiting development. Panoramic 360-degree views and diverse topography, enhancing both development flexibility and marketability. Farmhouse & Outbuildings: A 3-bed, 1-bath home with sunporch, plus shop, bunkhouse/storage shed, and mature landscaping—suitable for on-site management or interim rental income. Infrastructure upgrades (2023): new water line, new irrigation pivot with buried mainline, plus wheel lines and hand lines. With Central Oregon experiencing sustained population growth and economic expansion, properties with this proximity to the UGB, commercial zoning, and transportation corridors are increasingly rare. This offering provides a unique opportunity to secure a strategic landholding with both current income and future development upside.

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Single Family Active

Price

$ 3,500,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 2,138

Style

Farmhouse

Lot Size

158.96

Year Built

1970

Town/City

Madras

County/Region

Jefferson

MLS | Web ID

533434314

Features
Interior
Interior Amenities CeilingFan ConcreteFloor Laundry SoakingTub VinylFloor
Basement CrawlSpace Unfinished
Total Fireplaces 1
Hot Water Electricity
Window Features VinylFrames WoodFrames
Total Bathrooms 1.0
Total Bedrooms 3
Total Baths 1
1/2 Baths 0
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General
Sewer Other SepticTank
Heating ForcedAir WoodStove
Roof Composition
Appliances FreeStandingRange
Zoning A-1
Garage Spaces 2.0
Architectural Style Farmhouse
Security Features Sidewalk
Year Built 1970
Stories Count 1
Property Subtype SingleFamilyResidence
Tax Year 2024
Parcel Number 10919
County Jefferson
Property Type Residential
HOA N
Subdivision Name N. MADRAS PLAINS
Full Baths 1
Status Active
Directions Head North on Highway 26 out of Madras. Property is on the right as you go over the overpass.
High School Madras
City Madras
Disclosures Disclosure
MLS Area _340
Lot Size Square Feet 6924297.0
Listing Terms Cash Conventional
Elementary School Madras
Tax Annual Amount 2138.62
Middle/Junior High School Jefferson Co
Property Condition Approximately
Virtual Tour https://media.walkerandhomes.com/videos/0199b496-6105-7187-8ad3-a40b874b7ffd?v=474
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description MAP# 10133600 00300 S36 T10S R13E
ADU False
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Exterior
Exterior Amenities CrossFenced Fenced Garden Outbuilding Porch PrivateRoad RVParking ToolShed Workshop
Fencing CrossFenced Perimeter
Parking Features Carport Driveway
Lot Features Gated Level Pasture Private PrivateRoad Trees
Water Source PublicWater
Total Parking 2.0
Garage Type Carport Detached
Exterior Description WoodSiding
Foundation Details Other
Building Area Total 1658.0
Lot Size Acres 158.96
Road Surface Type Gravel
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Internal Only
Street Number 1 1201
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* Excluded Features
List By
Exp Realty, Llc

Broker

503-915-8271

Contact

Affordability Calculator

$22,014
Per Month
99%
1%
0%
Monthly Principal & Interest
$21,835
Monthly Property Taxes
$178
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
1950524 Elementary School
1950746 Middle School
Madras High School High School
Pricing History
DatePricePrice ChangeDescription
10/10/2025$3,500,000 Listed Price

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1201 N HIGHWAY 26, Madras, OR, 97741 is a Single Family Home for sale at $3,500,000 with 1,658 sqft and a lot size of 158.96. 1201 N HIGHWAY 26 has 3 bedrooms, 1.0 baths, and was built in 1970. The property's zip code is 97741 which is in Madras, OR