Price cut $55K
$695,000
1/54 BD · 3 BA · 1,850 SF · 1 AC
1455 SW Sunset Drive
Madras, OR 97741
#220222643 01 / 02
For sale
$690,000
BILL HOFFMAN SUBDIVISION #LOT-1
Madras, OR 97741 · Bill Hoffman
- Baths
- 0
- Acres
- 7.27
Est. $3,967/mo~67 min to downtown Bend (approx.)
Listing by Century 21 Northstar · 503-297-1014
MLS# 220222715 · Active
01
About this home
Fantastic Development Opportunity in Madras! Don't miss this rare chance to own 7.27 acres of R1-zoned land, perfect for residential development. Whether you're a builder, investor, or dreaming of a spacious homesite with long-term potential, this property offers endless possibilities. Conveniently located with easy access to town, shopping, and schools. Bring your offer.
02
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03
Price history
125 days, no changes| Date | Event | Price |
|---|---|---|
| Jun 3, 2026 | Listed for sale | $690,000 |
From the MLS: original list price and latest price change. 125 days on market.
04
Drive times
~67 min to downtown Bend- Smith Rock State Park~34 min · 22.8 mi
- Redmond Airport (RDM)~46 min · 33 mi
- Sisters~54 min · 40.1 mi
- St. Charles Bend~65 min · 50.2 mi
- Downtown Bend~67 min · 51.9 mi
- Old Mill District~68 min · 53 mi
- Mt. Bachelor~85 min · 67.9 mi
- Sunriver Village~87 min · 69.7 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
- 7.27 AC · 316,681 SF
- HOA
- None reported
- Taxes
- $2,626/yr
- Subdivision
- Bill Hoffman
- County
- Jefferson
- Days on market
- 125
- MLS #
- 220222715
- View
- Neighborhood
06
Location & schools
Bill Hoffman44.6209° N · 121.1288° W
Directions- Elementary
- Madras Elementary
- 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
$3,967/mo$3,967/mo
$552,000 loan · 30 yr fixed · 6.5%
- Principal & interest
- $3,489
- Property tax (listing)
- $219
- Home insurance (est.)
- $259
20% · $138,000
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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#220224524Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 11:31 AM.
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