505 SE Rancho Lane, Madras, OR 97741
Local realty services provided by:Duke Warner Realty ERA Powered
Listed by: amy m brown
Office: windermere realty trust
MLS#:220220566
Source:OR_SOMLS
Price summary
- Price:$665,000
- Price per sq. ft.:$251.8
About this home
Buyer opportunity: With an acceptable offer, seller will consider a rate-buydown contribution or price adjustment. Beautifully maintained custom home in quiet & coveted Madras neighborhood on 2+ acres. The 2,641 sq ft main living area features two primary suites, spacious rooms, hardwood and tile flooring, a propane fireplace, living and family rooms, and formal dining. The kitchen offers custom alder cabinetry, abundant storage, and generous workspace. Upstairs is the second primary suite, a loft, and a roomy third bedroom. The walk-out daylight basement adds approx 1,800 sq ft, partially finished with insulation, sheetrock, a plumbed bath, and rough electrical--ready for your vision, multi-generational living, or potential income use. Enjoy mountain views from the private deck with Sunsetter awning, plus native landscaping, an outdoor fireplace, and an oversized 2-car garage. A rare opportunity offering space, privacy, and flexibility! Seller is a licensed Oregon real estate agent.
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Home facts
- Year built:2003
- Subdivision & Development:Ranchos
- Listing ID #:220220566
- Added:194 day(s) ago
- Updated:November 12, 2026 at 05:00 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Flooring:Carpet, Hardwood, Tile
- Bathrooms Description:Double Vanity, Fiberglass Stall Shower, Shower/Tub Combo, Tile Shower
- Kitchen Description:Cooktop, Dishwasher, Microwave, Oven, Refrigerator
- Bedroom Description:Primary Downstairs
- Basement Description:Daylight, Exterior Entry, Full, Partial
- Living area:2,641 sq. ft.
Heating and cooling
- Cooling:Heat Pump
- Heating:Electric, Forced Air, Heat Pump, Propane
Structure and exterior
- Roof:Composition
- Year built:2003
- Building area:2,641 sq. ft.
- Lot area:2.18 Acres
- Lot Features:Corner Lot, Landscaped, Level, Native Plants
- Architectural Style:Traditional
- Construction Materials:Frame
- Exterior Features:Fire Pit
- Foundation Description:Stemwall
- Levels:3+ Story
Schools
- High school:Madras High
- Middle school:Jefferson County Middle
- Elementary school:Check with District
Utilities
- Water:Backflow Domestic, Public
- Sewer:Capping Fill, Septic Tank
Finances and disclosures
- Price:$665,000
- Price per sq. ft.:$251.8
- Tax amount:$5,430 (2025)
Features and amenities
- Appliances:Cooktop, Dishwasher, Microwave, Oven, Refrigerator, Water Heater
Parking
- Parking description:Attached, Concrete, Driveway, Garage Door Opener, On Street
- Garage:Yes
- Garage spaces:2
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