1201 N Highway 26, Madras, OR 97741

Local realty services provided by:Better Homes and Gardens Real Estate Equinox
1201 N Highway 26,Madras, OR 97741
$3,500,000
  • 3 Beds
  • 1 Baths
  • 1,658 sq. ft.
  • Farm
  • Active
Listed by:e lamar yoder503-915-8271
Office:exp realty, llc.
MLS#:220210459
Source:OR_SOMLS

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)

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Home facts

  • Year built:1958
  • Listing ID #:220210459
  • Added:3 day(s) ago
  • Updated:October 10, 2025 at 06:53 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:1,658 sq. ft.

Heating and cooling

  • Heating:Forced Air, Propane, Wood

Structure and exterior

  • Roof:Composition
  • Year built:1958
  • Building area:1,658 sq. ft.
  • Lot area:158.96 Acres

Utilities

  • Water:Backflow Domestic, Public
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$3,500,000
  • Price per sq. ft.:$2,110.98
  • Tax amount:$2,139 (2024)