0 NE Hwy 97 Unit 220198205 Madras, OR 97741
Estimated payment $293,096/month
Highlights
- Guest House
- Stables
- Home fronts a pond
- Barn
- Horse Property
- River View
About This Home
Spanning over 51,087 deeded acres with an additional 15,000 acres of BLM grazing permits, the ranch encompasses an impressive 66,000 acres of diverse and productive land. This property has been a highly successful commercial cattle operation, with an ideal mix of fertile valley meadows, 2,438.4 acres of irrigated hay ground, and expansive grazing rangelands. The operation is rated for 1,200-1,500 mother cows, ensuring long-term sustainability and profitability. With a perimeter of over 100 miles, the breathtaking landscapes ensure no two days look the same. The ranch is fully equipped with a variety of living spaces, including an elegant owner's home featuring a gourmet stainless steel kitchen, four-bedroom suites, 2.5 baths, and a grand fireplace room. Additional accommodations include multiple manager and ranch-hand residences, remote hunting cabins, a dance hall, a church, and a rodeo arena with amenities.
Property Details
Property Type
- Other
Est. Annual Taxes
- $65,155
Year Built
- Built in 1921
Lot Details
- 51,087 Acre Lot
- Home fronts a pond
- Home fronts a stream
- River Front
- Dirt Road
- Cross Fenced
- Barbed Wire
- Perimeter Fence
- Landscaped
- Sloped Lot
- Additional Parcels
- Property is zoned EFU, EFU
Parking
- Gravel Driveway
Property Views
- River
- Lake
- Pond
- Ridge
- Mountain
Home Design
- Colonial Architecture
- Ranch Property
- Farm
- Slab Foundation
- Frame Construction
- Shake Roof
Interior Spaces
- 4,652 Sq Ft Home
- 2-Story Property
- Great Room with Fireplace
- Living Room
- Dining Room
- Loft
- Wood Flooring
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
Outdoor Features
- Horse Property
- Outdoor Water Feature
- Separate Outdoor Workshop
- Shed
- Storage Shed
Additional Homes
- Guest House
Schools
- Madras Elementary School
- Jefferson County Middle School
- Madras High School
Farming
- Barn
- Pasture
Horse Facilities and Amenities
- Horse Stalls
- Corral
- Stables
- Arena
Mobile Home
Utilities
- Cooling Available
- Heating System Uses Propane
- Spring water is a source of water for the property
Community Details
- Property is near a preserve or public land
Listing and Financial Details
- Property held in a trust
- Assessor Parcel Number 51
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/22/2025 09/22/25 | Price Changed | $54,580,000 | +4.5% | $11,733 / Sq Ft |
| 03/27/2025 03/27/25 | For Sale | $52,250,000 | -- | $11,232 / Sq Ft |
Source: Oregon Datashare
MLS Number: 220198205
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