$1,000,000
1/53 BD · 1 BA · 1,514 SF · 159 AC
1201 NW Highway 26
Madras, OR 97741
#220228824 01 / 89
For sale
$1,000,000
1201 NW Highway 26
Madras, OR 97741 · N/A
- Beds
- 3
- Baths
- 1
- Sq ft
- 1,514
- Acres
- 159
- Built
- 1958
- $/SF
- $661
Est. $5,612/mo~71 min to downtown Bend (approx.)
Listing by Harcourts The Garner Group Real Estate · 541-527-8550
MLS# 220228797 · Active
01
About this home
Live Auction! Bidding to start from $1,000,000. Rare 158-Acre Central Oregon Parcel with Water Rights, Shop & Mountain Views! A stunning, unique property in Madras, offering incredible potential for hobby farmers, ranch buyers, and smart investors alike. This listing features an updated 3bd, 1ba farmhouse set against sweeping Cascade Mountain and valley views, complete with warm interior touches and a cozy wood stove. For the agricultural buyer, this fully usable acreage comes ready to go with approximately 76 acres of valuable irrigation water rights, a center pivot, buried mainline, cross-fenced pastures, a large workshop, and livestock shelters. Whether you plan to raise livestock, grow crops, or keep horses, all the infrastructure is in place to build your dream farm. Snug between both US26 & US97 with RR through the property, bordering UGB, Enterprise Zone, this is one you don't want to miss!
02
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03
Price history
20 days, no changes| Date | Event | Price |
|---|---|---|
| Sep 16, 2026 | Listed for sale | $1,000,000 |
From the MLS: original list price and latest price change. 20 days on market.
04
Drive times
~71 min to downtown Bend- Smith Rock State Park~38 min · 26.2 mi
- Redmond Airport (RDM)~49 min · 36.4 mi
- Sisters~57 min · 42.8 mi
- St. Charles Bend~69 min · 53.6 mi
- Downtown Bend~71 min · 55.3 mi
- Old Mill District~72 min · 56.4 mi
- Mt. Bachelor~89 min · 71 mi
- Sunriver Village~91 min · 73 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
Built 1958- Type
- Single Family Residence
- Year built
- 1958
- Stories
- 1
- Garage
- 2 spaces
- Lot
- 159 AC · 6,924,298 SF
- Price / SF
- $661
- HOA
- None reported
- Taxes
- $2,170/yr
- Subdivision
- N/A
- County
- Jefferson
- Days on market
- 20
- MLS #
- 220228797
- Interior
- Pantry · Soaking Tub · Walk-In Closet(s) · Solid Surface Counters · Shower/Tub Combo
- Appliances
- Dryer · Oven · Range · Refrigerator · Washer · Water Heater
- Flooring
- Simulated Wood · Vinyl
- Heating
- Forced Air · Propane · Wood
- Fireplace
- Wood Burning
- Parking
- Attached Carport · Driveway · Gravel · Storage
- View
- Mountain(s) · Panoramic · Territorial · Valley · Cascade Mountains
- Lot
- Garden · Landscaped · Native Plants · Fenced
- Construction
- Frame
- Roof
- Composition
06
Location & schools
N/A44.6586° N · 121.1231° 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
$5,612/mo$5,612/mo
$800,000 loan · 30 yr fixed · 6.5%
- Principal & interest
- $5,057
- Property tax (listing)
- $181
- Home insurance (est.)
- $375
20% · $200,000
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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#220217914Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 2:01 PM.
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