505 SE Rancho Lane, Madras, OR 97741

Local realty services provided by:Better Homes and Gardens Real Estate Equinox
505 SE Rancho Lane,Madras, OR 97741
$689,900
  • 3 Beds
  • 3 Baths
  • 2,641 sq. ft.
  • Single family
  • Active
Listed by: amy m brown
Office: windermere realty trust
MLS#:220220566
Source:OR_SOMLS

Price summary

  • Price:$689,900
  • Price per sq. ft.:$261.23

About this home

Welcome to this beautifully maintained custom home in one of Madras' most desirable, quiet neighborhoods. Built in 2004 and lovingly cared for by just two owners, this spacious 3-story home offers 2,641 sq ft on the main levels, featuring a primary suite, oversized rooms, hardwood, tile & carpet, propane fireplace, living & family rooms, and formal dining. The kitchen showcases custom alder cabinetry, abundant storage, and generous workspace. Upstairs includes a 2nd primary suite/bath, loft, and 3rd bedroom. The walk-out daylight basement offers an additional 1,800 sq ft, partially finished with insulation, sheetrock, a plumbed bath, and rough electrical--ready for expansion, multi-gen living, or income potential. Enjoy a private deck with Sunsetter awning, phantom screen door, and mountain views, plus native landscaping, outdoor fireplace, and oversized 2-car garage. Truly exceptional! Seller is a licensed Oregon real estate agent. Contingent on seller securing replacement property.

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Home facts

  • Year built:2003
  • Listing ID #:220220566
  • Added:10 day(s) ago
  • Updated:May 12, 2026 at 02:40 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1
  • Flooring:Carpet, Hardwood, Tile
  • Bathrooms Description:Double Vanity, Fiberglass Stall Shower, Shower/Tub Combo, Tile Shower
  • Kitchen Description:Cooktop, Dishwasher, Microwave, Oven, Refrigerator
  • Bedroom Description:Primary Downstairs
  • Basement Description:Daylight, Exterior Entry, Full, Partial
  • Living area:2,641 sq. ft.

Heating and cooling

  • Cooling:Heat Pump
  • Heating:Electric, Forced Air, Heat Pump, Propane

Structure and exterior

  • Roof:Composition
  • Year built:2003
  • Building area:2,641 sq. ft.
  • Lot area:2.18 Acres
  • Lot Features:Corner Lot, Landscaped, Level, Native Plants
  • Architectural Style:Traditional
  • Construction Materials:Frame
  • Exterior Features:Fire Pit
  • Foundation Description:Stemwall
  • Levels:3+ Story

Schools

  • High school:Madras High
  • Middle school:Jefferson County Middle
  • Elementary school:Check with District

Utilities

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

Finances and disclosures

  • Price:$689,900
  • Price per sq. ft.:$261.23
  • Tax amount:$5,430 (2025)

Features and amenities

  • Appliances:Cooktop, Dishwasher, Microwave, Oven, Refrigerator, Water Heater

Parking

  • Parking description:Attached, Concrete, Driveway, Garage Door Opener, On Street
  • Garage:Yes
  • Garage spaces:2