Listed by: Holly Cole · Keller Williams Realty Central Oregon

$299,900Price cut $25,000
  • 5 beds
  • 2 baths
  • 1,883 sqft

485 SE Ponderosa Drive, Madras, OR 97741

Est. $1,830/moPayment calculator
  • Single Family ResidenceHome type
  • Built in 2005Year built
  • 7,841 sqftLot
  • $159/sqftPrice per sqft
  • $27/moHOA
  • 2-car garageParking

About this home

  • Listed Sep 2, 2026
  • 32 days on market
  • 19 photos

Tucked into the heart of Central Oregon, in the quiet neighborhood of the Pines of Madras, sits this 5 bed, 2 bath move-in ready home. Open-concept great room w/cozy corner gas-burning fireplace & mantle, where an abundance of natural light pours in to create an easy, welcoming flow. Open kitchen ftrs central island w/brkfst bar seating, & addtnl eating area -- ideal for entertaining family & friends on the lower level. Primary suite on the main floor, complete w/shower + tub combo & spacious walk-in closet. 4 addtnl bedrooms offer an abundance of flexible living space -- perfect for guests, a home office, hobbies, or growing family needs. Dedicated laundry room adds everyday convenience & extra storage. Unwind on the covered back patio, perfect for entertaining or relaxing. Storage shed out back offers additional space for tools or storage, & smart-home features throughout add peace of mind + modern convenience. Quick access to Hwy 97 & close to schools + walking trails.

Facts & features

Interior

Bedrooms
5
Bathrooms
2
Full bathrooms
2
Living area
1,883 sqft
Levels
Two

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • Kitchen Island
  • Linen Closet
  • Open Floorplan
  • Pantry
  • Primary Downstairs
  • Shower/Tub Combo
  • Solid Surface Counters
  • Walk-In Closet(s)

Appliances

  • Cooktop
  • Dishwasher
  • Microwave
  • Oven
  • Range
  • Refrigerator
  • Water Heater

Heating & cooling

  • Forced Air
  • Natural Gas
  • Solar
  • Central Air

Flooring

  • Carpet
  • Laminate

Property

Lot size
7,841 sqft
Garage spaces
2
Subdivision
The Pines at Madras

View

  • Neighborhood

Parking

  • Asphalt
  • Attached
  • Driveway
  • Garage Door Opener
  • On Street

Construction

Home type
Single Family Residence
Property type
Residential
Year built
2005

Materials

  • Frame
  • Composition roof

Utilities

Sewer & water

  • Public Sewer
  • Public water

Community & HOA

Subdivision
The Pines at Madras
HOA dues
$80 quarterly ($27/mo)
County
Jefferson

Financial & listing details

List price
$299,900
Original list price
$324,900
Price per sqft
$159
Annual property tax
$2,705
Date on market
Sep 2, 2026
Days on market
32
MLS#
220228049

Price & status history

DateEventPrice
Sep 2, 2026Listed for sale$324,900

Neighborhood

  • SubdivisionThe Pines at Madras
  • CityMadras, OR 97741
  • CountyJefferson

Payment calculator

Estimated monthly payment

$1,830/mo

  • Principal & interest$1,516
  • Property taxes$225
  • Homeowners insurance$62
  • HOA dues$27

Loan amount $239,920 · 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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Listing provided by Keller Williams Realty Central Oregon · Listing agent: Holly Cole

Source
MLS of Central Oregon
MLS#
220228049
Last updated
Sep 9, 2026 at 4:37 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.