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Residential Land with Home for Sale in Madras, Oregon
585 SW Fairgrounds Rd, Madras, OR 97741
$549,999
4.43 acres
Active
$50k drop
Est $2,899/moAre you looking for a FIXER UPPER or for potential DEVELOPMENT property? This could be for you. A 4 bedroom home 1440 square feet with 1 bath, SOLD AS IS with several horse corrals, fenced, cross fenced, a shed with electricity, a barn all located on the corner of Fairgrounds Rd and Culver Highway. With a development coming in behind this property. There are 3 lots that have been partitioned 1 that is 2.43 acres with the house, and 2 - 1 acre lots all three lots with irrigation rights.
1,440
Sq feet
3
Beds
1
Full bath
1948
Built
Location
- Street address
- 585 SW Fairgrounds Rd
- County
- Jefferson County
- Elevation
- 2,329 feet
Property details
- Acreage
- 4.43 acres
- Zoning
- Rr-5
- MLS #
- MLSC 220205101
- Posted
Property taxes
- 2024
- $2,451
Parcels
- 11800
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
- Franchise
- Coldwell Banker Real Estate
Lot
- View
- Territorial
Exterior
- Parking
- Garage, RV
Structure
- Style
- Ranch
- Stories
- 1
- Heating
- Natural Gas
- Materials
- Frame
- Roof
- Composition
Interior
- Rooms
- Bathroom, Bedroom x 3, Kitchen, Living Room
- Flooring
- Concrete, Laminate, Tile
- Features
- Ceiling Fan(s), Laminate Counters, Primary Downstairs, Shower/Tub Combo
Property utilities
| Category | Type | Status | Description |
|---|---|---|---|
| Gas | Natural Gas | Connected | — |
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Metolius Elem | Elementary | — | — |
| Jefferson County Middle | Middle | — | — |
| Madras High | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 19, 2025 | Price drop | $549,999 | $50,000 -8.3% | MLSC |
| July 2, 2025 | New listing | $599,999 | — | MLSC |
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