$29,900,000
12230 NE Hwy 97
Madras, OR 97741 · N/A
- Beds
- 6
- Baths
- 5.5
- Sq ft
- 4,652
- Acres
- 33219
- Built
- 1921
- $/SF
- $6427
MLS# 220204053 · Active
About this home
Nearly 50,000± acres of premier Central Oregon cattle and hunting land are available in a single offering. Criterion Ranch includes 33,219± deeded acres and a 15,200± acre BLM grazing permit. With 564.5 irrigated acres, abundant water, and a mild climate, it supports 1,200-1,500 mother cows and strong hay production. Located between Deschutes River, Deep Creek, and Trout Creek, it features Cascade views, trophy wildlife, and fishing for bass, trout, and steelhead. Recreation includes horseback riding, hiking, ATV trails, and more. The ranch boasts a six-bedroom owner's home, multiple ranch houses, cabins, barns, and a banquet hall. A rare turnkey operation with strong income from cattle, hay, hunting leases, guided trips, and events.
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Price history
337 days, no changes| Date | Event | Price |
|---|---|---|
| Nov 3, 2025 | Listed for sale | $29,900,000 |
From the MLS: original list price and latest price change. 337 days on market.
Drive times
~90 min to downtown Bend- Smith Rock State Park~56 min · 42.1 mi
- Redmond Airport (RDM)~67 min · 52 mi
- Sisters~78 min · 61.1 mi
- St. Charles Bend~87 min · 69.9 mi
- Downtown Bend~90 min · 72 mi
- Old Mill District~91 min · 73 mi
- Mt. Bachelor~109 min · 89.1 mi
- Sunriver Village~110 min · 90 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.
Facts & features
Built 1921- Year built
- 1921
- Stories
- 2
- Lot
- 33219 AC · 1,447,019,640 SF
- Price / SF
- $6,427
- HOA
- None reported
- Taxes
- $31,565/yr
- Subdivision
- N/A
- County
- Jefferson
- Days on market
- 337
- MLS #
- 220204053
- Interior
- Vaulted Ceiling(s)
- Appliances
- Dishwasher · Double Oven · Oven · Range · Refrigerator · Range Hood
- Flooring
- Hardwood · Tile
- Heating
- Electric · Wood
- Cooling
- Heat Pump
- Fireplace
- Great Room
- Parking
- Detached
- View
- Canyon · Cascade Mountains · Mountain(s) · Panoramic · Territorial
- Lot
- Adjoins Public Lands · Fenced · Landscaped · Pasture · Sloped
- Roof
- Shake
Location & schools
N/A44.8122° N · 120.9348° W
Directions- Elementary
- Check with District
- Middle
- Check with District
- High
- Check with District
Assignments come from the listing broker and boundaries change. Verify with the school district before you count on them.
Monthly payment
$165,034/mo$165,034/mo
$23,920,000 loan · 30 yr fixed · 6.5%
- Principal & interest
- $151,191
- Property tax (listing)
- $2,630
- Home insurance (est.)
- $11,213
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.
Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 2:01 PM.
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