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Residential Land for Sale in Madras, Oregon

SW Fairgrounds Rd, Madras, OR 97741

$350,000
2.5 acres
Active
Est $2,484/mo

Prime Development Opportunity - 2.5 Acres Zoned R1. This is a rare opportunity to acquire 2.5 acres of flat, build-ready land in an exceptional location--directly across from the Jefferson County Fairgrounds. Zoned R1, this property has the potential to be subdivided into as many as 20 single family lots (buyer to verify with the City of Madras). Sewer has already been installed throughout the property, offering a major head start for development. Whether you're looking to build a subdivision of single-family or multi-family homes--or explore other possibilities. RV park potential exists, given the property's proximity to the fairgrounds & ideal layout for accommodating seasonal activity. This is an investment worth serious consideration. Please consult with the City of Madras for specific zoning and use requirements. Two conceptual Subdivision plans exist, ask for copies to review different development approaches. Growing demand and location offering direct access to everything!

Location

Street address
SW Fairgrounds Rd, Lot 00200
Community
Madras
Elevation
2,336 feet
Coordinates
44.6173, -121.1404

Directions

Located directly South of 541 SW Fairgrounds Rd., Madras, OR 97741

Property details

Acreage
2.51 acres
Zoning
R1
MLS #
MLSC 220208077
Posted

Property taxes

2024
$1,146

Parcels

  • 1872

Details and features

Listing

Type
Land

Lot

View
Territorial

Nearby schools

NameLevelDistrictDescription
Madras ElementaryElementary
Jefferson County MiddleMiddle
Madras HighHigh

Listing history

DateEventPriceChangeSource
Aug 22, 2025New listing$350,000MLSC
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This 2.51-acre property is located at SW Fairgrounds Rd Lot 00200 in Madras, OR 97741. The property is available for sale for $350,000 with a price per acre of $139,442.

Checked 52 mins ago — Updated

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