Listed by: Amy M Brown · Windermere Realty Trust
- 3 beds
- 2.5 baths
- 2,641 sqft
505 SE Rancho Lane, Madras, OR 97741
- Single Family ResidenceHome type
- Built in 2003Year built
- 2.18 acresLot
- $252/sqftPrice per sqft
- NoneHOA
- 2-car garageParking
About this home
Welcome to this beautifully maintained custom home in one of Madras' most desirable, quiet neighborhoods on 2+ acres! This spacious home offers 2,641 sq ft on the main levels, featuring 2 primary suites, oversized rooms, hardwood, tile & carpet, propane fireplace, living & family rooms, and formal dining. The kitchen showcases custom alder cabinetry, abundant storage, and generous workspace. Upstairs includes the 2nd primary suite/bath, loft, and 3rd roomy bedroom. The walk-out daylight basement offers an additional 1,800 sq ft, partially finished with insulation, sheetrock, a plumbed bath, and rough electrical--ready for multi-generational living, or income potential. Situated on a 2-acre lot, offering privacy, room to roam, and endless possibilities. Enjoy a private deck with Sunsetter awning, phantom screen door, and mountain views, plus native landscaping, outdoor fireplace, and oversized 2-car garage. Truly exceptional home! Seller is a licensed Oregon real estate agent.
Facts & features
Interior
- Bedrooms
- 3
- Bathrooms
- 2.5
- Full bathrooms
- 2
- Half bathrooms
- 1
- Living area
- 2,641 sqft
- Levels
- Three Or More
Features
- Breakfast Bar
- Ceiling Fan(s)
- Double Vanity
- Fiberglass Stall Shower
- Kitchen Island
- Linen Closet
- Pantry
- Primary Downstairs
- Shower/Tub Combo
- Smart Thermostat
- Solar Tube(s)
- Tile Counters
- Tile Shower
- Vaulted Ceiling(s)
- Walk-In Closet(s)
Appliances
- Instant Hot Water
- Cooktop
- Dishwasher
- Disposal
- Microwave
- Oven
- Refrigerator
- Water Heater
Heating & cooling
- Fireplace(s)
- Electric
- Forced Air
- Heat Pump
- Propane
- Heat Pump
Flooring
- Carpet
- Hardwood
- Tile
Property
- Lot size
- 2.18 acres
- Garage spaces
- 2
- Subdivision
- Ranchos
Exterior features
- Fire Pit
View
- Cascade Mountains
- Territorial
Parking
- Attached
- Concrete
- Driveway
- Garage Door Opener
- On Street
- Workshop in Garage
Construction
- Home type
- Single Family Residence
- Property type
- Residential
- Year built
- 2003
Materials
- Frame
- Composition roof
Utilities
Sewer & water
- Capping Fill
- Septic Tank
- Backflow Domestic water
- Public water
Community & HOA
- Subdivision
- Ranchos
- HOA dues
- None
- County
- Jefferson
Financial & listing details
- List price
- $665,000
- Original list price
- $689,900
- Price per sqft
- $252
- Annual property tax
- $5,430
- Date on market
- May 1, 2026
- Days on market
- 154
- MLS#
- 220220566
Price & status history
| Date | Event | Price |
|---|---|---|
| May 1, 2026 | Listed for sale | $689,900 |
Neighborhood
- SubdivisionRanchos
- CityMadras, OR 97741
- CountyJefferson
Payment calculator
Estimated monthly payment
$3,955/mo
- Principal & interest$3,363
- Property taxes$453
- Homeowners insurance$139
- HOA dues$0
Loan amount $532,000 · 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.
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Listing provided by Windermere Realty Trust · Listing agent: Amy M Brown
- Source
- MLS of Central Oregon
- MLS#
- 220220566
- Last updated
- Sep 29, 2026 at 5:45 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.