Listed by: Briana Lynn Linderman · Harcourts The Garner Group Real Estate
- 3 beds
- 1 bath
- 1,514 sqft
1201 NW Highway 26, Madras, OR 97741
- Single Family ResidenceHome type
- Built in 1958Year built
- 158.96 acresLot
- $661/sqftPrice per sqft
- NoneHOA
- 2-car garageParking
About this home
Live Auction! Bidding to start from $1,000,000. Rare 158-Acre Central Oregon Parcel with Water Rights, Shop & Mountain Views! A stunning, unique property in Madras, offering incredible potential for hobby farmers, ranch buyers, and smart investors alike. This listing features an updated 3bd, 1ba farmhouse set against sweeping Cascade Mountain and valley views, complete with warm interior touches and a cozy wood stove. For the agricultural buyer, this fully usable acreage comes ready to go with approximately 76 acres of valuable irrigation water rights, a center pivot, buried mainline, cross-fenced pastures, a large workshop, and livestock shelters. Whether you plan to raise livestock, grow crops, or keep horses, all the infrastructure is in place to build your dream farm. Snug between both US26 & US97 with RR through the property, bordering UGB, Enterprise Zone, this is one you don't want to miss!
Facts & features
Interior
- Bedrooms
- 3
- Bathrooms
- 1
- Full bathrooms
- 1
- Living area
- 1,514 sqft
- Levels
- One
Features
- Pantry
- Shower/Tub Combo
- Soaking Tub
- Solid Surface Counters
- Walk-In Closet(s)
Appliances
- Dryer
- Oven
- Range
- Refrigerator
- Washer
- Water Heater
Heating & cooling
- Forced Air
- Propane
- Wood
- None
Flooring
- Simulated Wood
- Vinyl
Property
- Lot size
- 158.96 acres
- Garage spaces
- 2
- Subdivision
- N/A
View
- Cascade Mountains
- Mountain(s)
- Panoramic
- Territorial
- Valley
Parking
- Attached Carport
- Driveway
- Gravel
- Storage
Construction
- Home type
- Single Family Residence
- Property type
- Residential
- Year built
- 1958
Materials
- Frame
- Composition roof
Utilities
Sewer & water
- Septic Tank
- Public water
Community & HOA
- Subdivision
- N/A
- HOA dues
- None
- County
- Jefferson
Financial & listing details
- List price
- $1,000,000
- Price per sqft
- $661
- Annual property tax
- $2,170
- Date on market
- Sep 17, 2026
- Days on market
- 15
- MLS#
- 220228797
Price & status history
| Date | Event | Price |
|---|---|---|
| Sep 17, 2026 | Listed for sale | $1,000,000 |
Neighborhood
- SubdivisionN/A
- CityMadras, OR 97741
- CountyJefferson
Payment calculator
Estimated monthly payment
$5,446/mo
- Principal & interest$5,057
- Property taxes$181
- Homeowners insurance$208
- HOA dues$0
Loan amount $800,000 · 30-year fixed at 6.5%
An estimate for planning, not a loan offer. The 6.5% rate is an example; ask a lender for today’s rate. Taxes use the listing’s annual tax amount. Insurance is estimated; mortgage insurance is not included.
Similar homes
$969,0003 bds|2 ba|3,011 sqft - House for sale2250 NW Elm Lane, Madras, OR 97741Listing provided by Dreams Realty Group, LLC · MLSCO
Price cut$949,0004 bds|3.5 ba|3,602 sqft - House for sale4647 SW Belmont Lane, Madras, OR 97741Listing provided by eXp Realty, LLC · MLSCO
Virtual tour$899,0003 bds|2 ba|1,704 sqft - House for sale998 NE Brown Drive, Madras, OR 97741Listing provided by Cascade Hasson SIR · MLSCO
Price cut$875,000— bds|0 ba|— sqft - House for sale1810 US-97, Madras, OR 97741Listing provided by eXp Realty, LLC · MLSCO
$849,9003 bds|2.5 ba|2,042 sqft - House for sale5101 SE Dixon Drive, Madras, OR 97741Listing provided by Cascade Hasson SIR · MLSCO
Price cut$849,0003 bds|2 ba|1,526 sqft - House for sale501 NW Dogwood Lane, Madras, OR 97741Listing provided by Dreams Realty Group, LLC · MLSCO
Listing provided by Harcourts The Garner Group Real Estate · Listing agent: Briana Lynn Linderman
- Source
- MLS of Central Oregon
- MLS#
- 220228797
- Last updated
- Sep 25, 2026 at 11:31 PM
Listing information is deemed reliable but not guaranteed and should be independently verified. Listings shown are for demonstration while our MLS of Central Oregon IDX feed is being set up.