Price cut $54K
$295,999
1/53 BD · 2 BA · 1,416 SF · 0.14 AC
577 SE Sugar Pine Way
Madras, OR 97741
#220221701 01 / 18
For sale Price cut $5K on Aug 11
$295,000
0 NE Polk Street
Madras, OR 97741 · N/A
- Baths
- 0
- Acres
- 1.93
Est. $1,663/mo~70 min to downtown Bend (approx.)
Listing by Cascade Hasson SIR · 541-383-7600
MLS# 220171623 · Active
01
About this home
Attention builders, developers, and investors! Now priced at $295,000, that's under $30K per lot for this 10-parcel development opportunity. Zoned R-2, the property supports single-family, multi-family, manufactured homes, and other high-density uses. Sewer has been extended to the street, with water and power available. Prime location within Madras city limits, close to the hospital, shopping, dining, and more. Potential for city and mountain views. Buyers to verify all development possibilities and SDC fees with the City of Madras.
02
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03
Price history
Cut $5K| Date | Event | Price |
|---|---|---|
| Aug 11, 2025 | Price cut−$5,000 (1.7%) | $295,000 |
| Jun 9, 2026 | Listed for sale | $300,000 |
From the MLS: original list price and latest price change. 119 days on market.
04
Drive times
~70 min to downtown Bend- Smith Rock State Park~37 min · 25.4 mi
- Redmond Airport (RDM)~48 min · 35.5 mi
- Sisters~56 min · 42 mi
- St. Charles Bend~68 min · 52.7 mi
- Downtown Bend~70 min · 54.5 mi
- Old Mill District~71 min · 55.5 mi
- Mt. Bachelor~88 min · 70.2 mi
- Sunriver Village~90 min · 72.2 mi
Approx. Straight-line distance × 1.3 for roads, at in-town and highway speeds. No traffic, snow, or Hwy 97 construction. Ask Cody about real commute times.
05
Facts & features
- Type
- Residential Lots
- Lot
- 1.93 AC · 84,071 SF
- HOA
- None reported
- Taxes
- $734/yr
- Subdivision
- N/A
- County
- Jefferson
- Days on market
- 119
- MLS #
- 220171623
- View
- City · Mountain(s) · Territorial
- Lot
- Sloped
- Utilities
- Electricity Connected · Electricity Available
06
Location & schools
N/A44.6495° N · 121.1285° W
Directions- Elementary
- Check with District
- Middle
- Jefferson County Middle
- High
- Madras High
Assignments come from the listing broker and boundaries change. Verify with the school district before you count on them.
07
Monthly payment
$1,663/mo$1,663/mo
$236,000 loan · 30 yr fixed · 6.5%
- Principal & interest
- $1,492
- Property tax (listing)
- $61
- Home insurance (est.)
- $111
20% · $59,000
6.500%
Loan term
Estimate only. Taxes use the listing's reported amount when there is one; insurance is approximated. A lender can give you an exact number.
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#220223781Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 12:31 PM.
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