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$3,500,000
99 Days On Site

1201 N HIGHWAY 26
Madras, OR 97741

For Sale|Single Family Residence|Active
3
Beds
1
Total Bath
1
Full Bath
1,658
SqFt
$2,111
/SqFt
1970
Built
Subdivision:
N. MADRAS PLAINS
County:
Jefferson
Listing courtesy of E. Lamar Yoder of eXp Realty, LLC (503) 915-8271

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1201 N HIGHWAY 261201 N HIGHWAY 261201 N HIGHWAY 261201 N HIGHWAY 26
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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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Listing Snapshot
Price 
$3,500,000
Days On Site 
99 Days
Bedrooms 
3
Inside Area (SqFt) 
1,658 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
158.96 Acres
Year Built 
1970
MLS® Number 
533434314
Status 
Active
Property Tax 
$2,138.62
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
8 hours agoListing updated with changes from the MLS®
3 months agoListing first seen on site
General Features
Acres 
158.96
Disclosures 
Disclosure
Foundation 
Other
Garage 
Yes
Garage Spaces 
2
Land Lease 
No
Number Of Stories 
1
Parking 
CarportDrivewayDetached
Parking Spaces 
2
Property Sub Type 
Single Family Residence
Sewer 
OtherSeptic Tank
SqFt Total 
1658
Style 
Farmhouse
Utilities 
Propane
Water Source 
Public
Zoning 
A-1
Interior Features
Appliances 
Free-Standing Range
Basement 
Crawl SpaceUnfinished
Fireplace 
Yes
Fireplaces 
1
Flooring 
ConcreteVinyl
Heating 
Forced AirWood Stove
Interior 
Soaking Tub
Window Features 
Wood Frames
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Exterior Features
Exterior 
Garden
Fencing 
FencedCross FencedPerimeter
Lot Features 
LevelPasturePrivateWooded
Other Structures 
OutbuildingWorkshop
Patio And Porch 
Porch
Roof 
Composition
View 
CityMountain(s)Valley
Waterview 
CityMountain(s)Valley
Windows/Doors 
Wood Frames
Community Features
Financing Terms Available 
CashConventional
MLS Area 
_340
Roads 
Gravel
Schools
School District
Unknown
Elementary School
Madras
Middle School
Jefferson Co
High School
Madras
Listing courtesy of E. Lamar Yoder of eXp Realty, LLC (503) 915-8271



The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

Last checked 2026-01-13 08:38 AM PST.

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Source: Walkscore
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