1201 N Highway 26, Madras, OR 97741

Local realty services provided by:Knipe Realty ERA Powered
1201 N Highway 26,Madras, OR 97741
$3,500,000
Virtual Tour
  • 3 Beds
  • 1 Baths
  • 1,658 sq. ft.
  • Single family
  • Active
Listed by: e. lamar yoder
Office: exp realty, llc.
MLS#:533434314
Source:PORTLAND

Price summary

  • Price:$3,500,000
  • Price per sq. ft.:$2,110.98

About this home

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

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Home facts

  • Year built:1970
  • Listing ID #:533434314
  • Added:69 day(s) ago
  • Updated:December 18, 2025 at 12:21 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:1,658 sq. ft.

Heating and cooling

  • Heating:Forced Air, Wood Stove

Structure and exterior

  • Roof:Composition
  • Year built:1970
  • Building area:1,658 sq. ft.
  • Lot area:158.96 Acres

Schools

  • High school:Madras
  • Middle school:Jefferson Co
  • Elementary school:Madras

Utilities

  • Water:Public Water
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$3,500,000
  • Price per sq. ft.:$2,110.98
  • Tax amount:$2,139 (2024)
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Knipe Realty ERA Powered are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: December 18, 2025

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