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Improved Land for Sale in Madras, Oregon

1201 US-26, Madras, OR 97741

$3,500,000
159 acres
Active
Est $17,327/mo

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)

1,658
Sq feet
3
Beds
1
Full bath
1958
Built

Location

Street address
1201 US-26
Community
Madras
Elevation
2,428 feet
Coordinates
44.6586, -121.123

Directions

Head North on Highway 26 out of Madras. Property is on the right as you go over the overpass beforeBrightwood. Please see showing instructions for showings. Please do not disturb owners.

Property details

Acreage
158.96 acres
Zoning
A-1
MLS #
MLSC 220210459
Posted

Property taxes

2024
$2,139

Parcels

  • 10919

Details and features

Listing

Type
Farm

Lot

View
Canyon, City, Mountain, Territorial

Exterior

Parking
Carport, Garage, RV, Workshop

Structure

Stories
1
Heating
Forced Air, Propane, Wood
Materials
Frame
Roof
Composition

Interior

Rooms
Bathroom, Bedroom x 3, Dining Room, Kitchen, Laundry
Flooring
Concrete, Vinyl
Appliances
Range
Features
Ceiling Fan(s), Double Vanity, Open Floorplan, Shower/Tub Combo, Soaking Tub

Property utilities

CategoryTypeStatusDescription
GasPropaneConnected

Nearby schools

NameLevelDistrictDescription
Madras ElementaryElementary
Jefferson County MiddleMiddle
Madras HighHigh

Listing history

DateEventPriceChangeSource
Oct 10, 2025New listing$3,500,000MLSC
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This 158.96-acre property is located at 1201 US-26 in Madras, OR 97741. The property is available for sale for $3,500,000. It has a 1,658 sq ft 3 bedroom, 1 bath house built in 1958.

Checked 5 mins ago — Updated

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