Homes for sale - 1201 N HIGHWAY 26, Madras, OR 97741

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sat

Oct

Sun

Oct

Mon

Oct

Andre Hage

MORE Realty

andrehage@oregonhomes.life +1(425) 923-7823

Listed by eXp Realty LLC

$ 3,500,000

Est. payment | -/mo

3 Beds

1 Bath

1,658 SqFt

Save Virtual Tour

$ 3,500,000

Est. payment | -/mo

Save Virtual Tour

3 Beds

1 Bath

1,658 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,658 sqft

Price per Sqft $2,110

Subdivision N. Madras Plains

MLS Listing ID 533434314

Style Farmhouse

Bedrooms 3

Full Baths 1

Year Built 1970

Annual Tax Amount $2,138

Tax Year 2024

Lot Size 158.960 Acres

Property Sub-Type Single Family Residence

Property Description

Positioned at the gateway of Central Oregon's rapid expansion, this 158-acre property presents a rare chance to acquire land with immediate agricultural utility and extraordinary long-term development potential. Located north of Madras, directly on the Urban Growth Boundary (UGB) and across from existing commercial zoning, this property offers future residential, commercial, or mixed-use projects. Multiple access points and direct adjacency to the railroad, it is strategically situated for both growth and connectivity. 76 acres of irrigation rights, providing interim income potential and agricultural viability while awaiting development. Panoramic 360-degree views and diverse topography, enhancing both development flexibility and marketability. Farmhouse & Outbuildings: A 3-bed, 1-bath home with sunporch, plus shop, bunkhouse/storage shed, and mature landscaping—suitable for on-site management or interim rental income. Infrastructure upgrades (2023): new water line, new irrigation pivot with buried mainline, plus wheel lines and hand lines. With Central Oregon experiencing sustained population growth and economic expansion, properties with this proximity to the UGB, commercial zoning, and transportation corridors are increasingly rare. This offering provides a unique opportunity to secure a strategic landholding with both current income and future development upside.

Location

State OR

County Jefferson

Area _340

Zoning A-1

Rooms

Basement Crawl Space, Unfinished

Interior

Interior Features Ceiling Fan, Concrete Floor, Laundry, Soaking Tub, Vinyl Floor

Heating Forced Air, Wood Stove

Fireplaces Number 1

Appliance Free Standing Range

Exterior

Exterior Feature Cross Fenced, Fenced, Garden, Outbuilding, Porch, Private Road, R V Parking, Tool Shed, Workshop

Parking Features Carport, Detached

Garage Spaces 2.0

Fence CrossFenced, Perimeter

View City, Mountain, Valley

Roof Type Composition

Garage Yes

Building

Lot Description Gated, Level, Pasture, Private, Private Road, Trees

Story 1

Foundation Other

Sewer Other, Septic Tank

Water Public Water

Level or Stories 1

Schools

Elementary Schools Madras

Middle Schools Jefferson Co

High Schools Madras

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://media.walkerandhomes.com/videos/0199b496-6105-7187-8ad3-a40b874b7ffd?v=474

Regional Multiple Listing Service (RMLS)

+1(425) 923-7823

andrehage@oregonhomes.life

16037 SW Upper Boones Ferry Rd Suite 150, Tigard, OR, 97224

1201 N HIGHWAY 26 Madras, OR 97741