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
  • Single Family ResidenceHome 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
  • 37 photos

Highly productive 198 acre farm in Central Oregon with 146.9 acres of Deschutes River water rights. This farm is very efficient with three newer center pivots covering the.bulk of the farmable acreage. Property has a nicely updated 4 bed 2 bath home with gorgeous unobstructed views of the Cascade Mountains, and a 360 degree 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 a paved dead end road only a couple miles from Madras with shopping and schools a very short commute.This property borders BLM lands and includes a portion of Willow Creek Canyon where Mule Deer are frequently seen. Outside is 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 turn key 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
  • Granite Counters
  • Jetted Tub
  • 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
  • Vinyl

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
Single Family Residence
Property type
Residential
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#
220192296

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#
220192296
Last updated
Sep 4, 2026 at 8:57 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.