Listed by: Joseph A McDonald · Dreams Realty Group, LLC

$849,000Price cut $20,000
  • 3 beds
  • 2 baths
  • 1,526 sqft

501 NW Dogwood Lane, Madras, OR 97741

Est. $4,682/moPayment calculator
  • Single Family ResidenceHome type
  • Built in 1965Year built
  • 39.23 acresLot
  • $556/sqftPrice per sqft
  • NoneHOA
  • 2-car garageParking

About this home

  • Listed Apr 23, 2026
  • 163 days on market
  • 53 photos

This property features a home with the charm of the year it was built but has been tastefully updated to allow for an open flow from the kitchen to the living room. However, the appeal of this property undoubtedly is found in its exceptional outbuildings. The original block shop is approximately 24x30 with an added room for above ground fuel storage. There is a 36x60 shop with a concrete floor and power. Additionally, there is a 48x48 building that provides hay storage and an enclosed, insulated parking garage big enough to accommodate a 40 foot motor coach. Finally, there is a 30x40 animal shelter/barn, with stalls, tied in with a small corral. With 11.8 acre feet of water rights this small farm is definitely worth looking at.

Facts & features

Interior

Bedrooms
3
Bathrooms
2
Full bathrooms
2
Living area
1,526 sqft
Levels
One

Features

  • Laminate Counters
  • Shower/Tub Combo
  • Tile Shower

Appliances

  • Dishwasher
  • Oven
  • Range
  • Water Heater

Heating & cooling

  • Fireplace(s)
  • Baseboard
  • Electric
  • Forced Air
  • Heat Pump
  • Wood
  • Heat Pump

Flooring

  • Carpet
  • Hardwood
  • Simulated Wood
  • Tile
  • Vinyl

Property

Lot size
39.23 acres
Garage spaces
2
Subdivision
N/A

View

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

Parking

  • Concrete
  • Driveway
  • Garage Door Opener
  • Gravel
  • RV Garage
  • Storage

Construction

Home type
Single Family Residence
Property type
Residential
Year built
1965

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
$849,000
Original list price
$869,000
Price per sqft
$556
Annual property tax
$2,550
Date on market
Apr 23, 2026
Days on market
163
MLS#
220219879

Price & status history

DateEventPrice
Apr 23, 2026Listed for sale$869,000

Neighborhood

  • SubdivisionN/A
  • CityMadras, OR 97741
  • CountyJefferson

Payment calculator

Estimated monthly payment

$4,682/mo

  • Principal & interest$4,293
  • Property taxes$212
  • Homeowners insurance$177
  • HOA dues$0

Loan amount $679,200 · 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.

Similar homes

MLSCO

Listing provided by Dreams Realty Group, LLC · Listing agent: Joseph A McDonald

Source
MLS of Central Oregon
MLS#
220219879
Last updated
Jul 24, 2026 at 10:46 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.