1201 N Highway 26, Madras, OR 97741
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
Listed by:e. lamar yoder
Office:exp realty llc.
MLS#:533434314
Source:PORTLAND
Price summary
- Price:$3,500,000
- Price per sq. ft.:$2,110.98
About this home
Positioned at the gateway of Central Oregon’s rapid expansion, this 158-acre property presents a rare chance to acquire land with immediate agricultural utility and extraordinary long-term development potential. Located north of Madras, directly on the Urban Growth Boundary (UGB) and across from existing commercial zoning, this property offers future residential, commercial, or mixed-use projects. Multiple access points and direct adjacency to the railroad, it is strategically situated for both growth and connectivity. 76 acres of irrigation rights, providing interim income potential and agricultural viability while awaiting development. Panoramic 360-degree views and diverse topography, enhancing both development flexibility and marketability. Farmhouse & Outbuildings: A 3-bed, 1-bath home with sunporch, plus shop, bunkhouse/storage shed, and mature landscaping—suitable for on-site management or interim rental income. Infrastructure upgrades (2023): new water line, new irrigation pivot with buried mainline, plus wheel lines and hand lines. With Central Oregon experiencing sustained population growth and economic expansion, properties with this proximity to the UGB, commercial zoning, and transportation corridors are increasingly rare. This offering provides a unique opportunity to secure a strategic landholding with both current income and future development upside.
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Home facts
- Year built:1970
- Listing ID #:533434314
- Added:3 day(s) ago
- Updated:October 10, 2025 at 06:22 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Living area:1,658 sq. ft.
Heating and cooling
- Heating:Forced Air, Wood Stove
Structure and exterior
- Roof:Composition
- Year built:1970
- Building area:1,658 sq. ft.
- Lot area:158.96 Acres
Schools
- High school:Madras
- Middle school:Jefferson Co
- Elementary school:Madras
Utilities
- Water:Public Water
- Sewer:Septic Tank
Finances and disclosures
- Price:$3,500,000
- Price per sq. ft.:$2,110.98
- Tax amount:$2,139 (2024)
All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate Equinox are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: October 10, 2025New listings near 1201 N Highway 26
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