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Land for Sale in Madras, Oregon

Listing Address, Madras, OR 97741

$48,560,000
49,938 acres
Active sale
$6m drop
Est $359,281/mo

Established on July 8, 1879, Cross Keys Ranch has a rich history as a post office, stage stop, and premier cattle operation. Spanning over 49,938.4± deeded acres with an additional 15,000± acres of BLM grazing permits, the ranch encompasses an impressive 66,000± acres of diverse and productive land.

For nearly 150 years, Cross Keys Ranch has been a highly successful commercial cattle operation, with an ideal mix of fertile valley meadows, 2,438.4± acres of irrigated hay ground, and expansive grazing rangelands. The operation is rated for 1,200–1,500 mother cows, ensuring long-term sustainability and profitability. With a perimeter of over 100 miles, the breathtaking landscapes ensure no two days look the same. From the snow-capped Cascade Mountain Range to the Deschutes River Canyon, high plains rangelands, creeks, rolling hills, and deep canyons, the scenery is unparalleled.

Beyond ranching, Cross Keys Ranch is a multi-dimensional property offering big game and bird hunting, fishing, hiking, rock hounding, ATV and horseback riding, and more. The ranch is fully equipped with a variety of living spaces, including an elegant owner’s home featuring a gourmet stainless steel kitchen, four-bedroom suites—including a primary suite—multiple guest rooms, 2.5 baths, and a grand fireplace room. Additional accommodations include multiple manager and ranch-hand residences, remote hunting cabins, a historic 1800s-style dance hall, a church, and a full-scale rodeo arena with a banquet and party hall.

For outdoor enthusiasts, Cross Keys Ranch is a sportsman’s paradise, boasting trophy bull elk, mule deer, antelope, and Aoudad sheep, along with upland birds, waterfowl, bass, trout, and steelhead fishing. A 20± acre private lake further enhances the property’s recreational appeal.

With its unparalleled natural beauty, extensive amenities, and rich ranching heritage, Cross Keys Ranch is a rare opportunity to own one of the most diverse and historic ranch properties available today.

Location

Street address
Listing Address
Zip code
97741
Elevation
2,392 feet
Coordinates
44.7241, -121.0075

Property details

Acreage
49,938 acres
Posted

Listing history

DateEventPriceChangeSource
June 7, 2026Price drop$48,560,000$6,020,000 -11%Listing agent
Sept 23, 2025Price increase$54,580,000$2,330,000 4.5%Listing agent
Mar 17, 2025New listing$52,250,000Listing agent
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This 49,938-acre property is located at Listing Address in Madras, OR 97741. The land is available for sale, priced at $48,560,000 — $972 per acre.

Listed by Fay Ranches, (800) 238-8616

Checked 1 hour agoUpdated Source

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