Listed by: Corey Ren Graves · Keller Williams Realty Central Oregon

$1,550,000Price cut $340,000
  • 4 beds
  • 2 baths
  • 2,477 sqft

1774 W Ashwood Lane, Madras, OR 97741

Est. $8,544/moPayment calculator
  • Farm / ranchHome type
  • Built in 1952Year built
  • 198.8 acresLot
  • $626/sqftPrice per sqft
  • NoneHOA
  • 2-car garageParking

About this home

  • Listed Apr 11, 2026
  • 175 days on market
  • 34 photos

Highly productive 198 acre farm in Central Oregon with 146.9 acres of Deschutes River water rights. This farm is very efficient with 3 newer center pivots covering the bulk of the farmable acreage. Property has a nicely updated four bed two bath home with gorgeous unobstructed views of the Cascade Mountains, and a 360° view of the local mountains. The master suite was added in 2012 complete with a walk-in closet, jetted tub and a propane fireplace to keep you cozy. Property is conveniently located on a paved dead-end road only a couple miles from Madras with shopping and schools a very short commute. This property borders BLM land and includes a portion of Willow Creek Canyon where Mule Deer and other wildlife are frequently observed. Outside is a landscaped fenced yard along with a detached garage, a large shop, a hay shed and a horse barn with tack room and storage area. Here is your chance to own a turnkey farm in beautiful Jefferson County.

Facts & features

Interior

Bedrooms
4
Bathrooms
2
Full bathrooms
2
Living area
2,477 sqft
Levels
One

Features

  • Ceiling Fan(s)
  • Fiberglass Stall Shower
  • Laminate Counters
  • Linen Closet
  • Pantry
  • Primary Downstairs
  • Shower/Tub Combo
  • Soaking Tub
  • Solid Surface Counters
  • Tile Shower
  • Walk-In Closet(s)

Appliances

  • Dishwasher
  • Oven
  • Range
  • Refrigerator
  • Water Heater

Heating & cooling

  • Electric
  • Oil
  • Propane
  • None

Flooring

  • Carpet
  • Laminate
  • Tile

Property

Lot size
198.8 acres
Garage spaces
2
Subdivision
N/A

View

  • Cascade Mountains
  • Mountain(s)
  • Panoramic
  • Territorial

Parking

  • Attached Carport
  • Detached
  • Driveway
  • Garage Door Opener
  • Gravel

Construction

Home type
Farm / ranch
Property type
Farm
Year built
1952

Materials

  • Block
  • Brick
  • Frame
  • Metal roof

Utilities

Sewer & water

  • Septic Tank
  • Standard Leach Field
  • Public water

Community & HOA

Subdivision
N/A
HOA dues
None
County
Jefferson

Financial & listing details

List price
$1,550,000
Original list price
$1,890,000
Price per sqft
$626
Annual property tax
$4,590
Date on market
Apr 11, 2026
Days on market
175
MLS#
220192044

Price & status history

DateEventPrice
Apr 11, 2026Listed for sale$1,890,000

Neighborhood

  • SubdivisionN/A
  • CityMadras, OR 97741
  • CountyJefferson

Payment calculator

Estimated monthly payment

$8,544/mo

  • Principal & interest$7,838
  • Property taxes$383
  • Homeowners insurance$323
  • HOA dues$0

Loan amount $1,240,000 · 30-year fixed at 6.5%

Down payment
Loan term

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.

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MLSCO

Listing provided by Keller Williams Realty Central Oregon · Listing agent: Corey Ren Graves

Source
MLS of Central Oregon
MLS#
220192044
Last updated
Sep 4, 2026 at 8:59 AM

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.