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1201 N Highway 26, Madras, OR 97741

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For Sale

$3,500,000

3 beds • 1 baths • 1,658 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $2,110.98
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

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# 533434314

Courtesy Of EXP REALTY LLC

(888) 814-9613

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch, Ceiling Fan, Garden
  • Appliances
    Range
  • Architecture Style
    Other
  • Exterior Type
    Wood Siding
  • Heating System
    Forced Air
  • Lot Size
    158.96 Acres
  • Rooms
    Basement
  • View Type
    City, Mountain, Valley

Map and Directions

Directions to 1201 N Highway 26, Madras, OR 97741

Home seller CENTURY 21 Northstar

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CENTURY 21 Northstar

(503) 297-1014
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.