Listed by: Rachel Bare · Mariposa Real Estate Corp.

$315,000Price cut $20,000
  • 3 beds
  • 2 baths
  • 1,416 sqft

512 SE Ponderosa Drive, Madras, OR 97741

Est. $1,905/moPayment calculator
  • Single Family ResidenceHome type
  • Built in 2005Year built
  • 6,970 sqftLot
  • $222/sqftPrice per sqft
  • $53/moHOA
  • 2-car garageParking

About this home

  • Listed Jun 1, 2026
  • 124 days on market
  • 21 photos

Welcome to this charming 2005-built home offering 3 bedrooms, 2 bathrooms, and 1,416 sq. ft. of comfortable living space on a .16-acre lot. Featuring an inviting open floor concept with vaulted ceilings, this home feels bright, spacious, and perfect for both everyday living and entertaining. The thoughtfully designed layout provides seamless flow between the living, dining, and kitchen areas. Enjoy the added value and energy efficiency of a newly installed (2023) solar system and panels, helping reduce utility costs while supporting sustainable living. This property combines comfort, functionality, and modern upgrades in a desirable package.

Facts & features

Interior

Bedrooms
3
Bathrooms
2
Full bathrooms
2
Living area
1,416 sqft
Levels
One

Features

  • Ceiling Fan(s)
  • Kitchen Island
  • Linen Closet
  • Pantry
  • Shower/Tub Combo
  • Tile Counters
  • Walk-In Closet(s)

Appliances

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

Heating & cooling

  • Electric
  • Forced Air
  • Heat Pump
  • Solar
  • Central Air
  • Heat Pump

Flooring

  • Carpet
  • Laminate

Property

Lot size
6,970 sqft
Garage spaces
2
Subdivision
The Pines at Madras

View

  • Neighborhood

Parking

  • Attached
  • Concrete
  • Driveway
  • Garage Door Opener

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
$160 quarterly ($53/mo)
County
Jefferson

Financial & listing details

List price
$315,000
Original list price
$335,000
Price per sqft
$222
Annual property tax
$2,313
Date on market
Jun 1, 2026
Days on market
124
MLS#
220222491

Price & status history

DateEventPrice
Jun 1, 2026Listed for sale$335,000

Neighborhood

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

Payment calculator

Estimated monthly payment

$1,905/mo

  • Principal & interest$1,593
  • Property taxes$193
  • Homeowners insurance$66
  • HOA dues$53

Loan amount $252,000 · 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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Listing provided by Mariposa Real Estate Corp. · Listing agent: Rachel Bare

Source
MLS of Central Oregon
MLS#
220222491
Last updated
Sep 4, 2026 at 10:07 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.