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Listed price in listed location currency (USD).
$3,500,000

312

MLS® 533434314

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1658 sqft
Garage Yes
Taxes $2,139
Days Active 66
Lot Size 158.96 acres
Approx. Age 1970
Avg. Price Per Sqft $2,110
MLS® Number 533434314

Property Address: 1201 N Highway 26, Madras, OR, 97741-9528

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number533434314
Laundry Level
Central VacNo
FireplaceNo
Acreage158.96
Exterior
GarageYes
Approx. Age1970
BasementCrawl Space, Unfinished
DrivewayCarport, Driveway
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Rooms

Family Room:Not available
Kitchen:Main FloorNot available
Living Room:Main FloorNot available
Bedroom 3:Main FloorNot available
Dining Room:Main FloorNot available
Bedroom 2:Main FloorNot available
Bedroom 1:Main FloorNot available
Great Room:Not available

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 10, 2025List Date
$3,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
1201 N Highway 26, Madras, OR

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