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$3,500,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1,658 Sq. Ft.
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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.

Full Property Details for 1201 N Hwy 26

General

  • Price: $3,500,000
  • Taxes: $2,138 (2024)
  • Status: Active
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 533434314
  • Updated: 10/31/2025
  • Added to Site: 103 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s), Concrete Floor, Laundry, Soaking Tub, Vinyl Floor
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Appliances: Free-Standing Range

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main - Full Baths: 1

Bedrooms

  • Total Bedrooms: 3
  • Primary Bedroom: Main
  • Bedroom 2: Main
  • Bedroom 3: Main

Other Rooms

  • Living Room: Main
  • Kitchen: Main
  • Dining Room: Main

Additional Information

  • Security/Safety: Sidewalk

Exterior

  • Exterior Features: Cross Fenced, Fenced, Garden, Outbuilding, Porch, Private Road, RV Parking, Tool Shed, Workshop

Parking

  • Garage: Yes
  • Total Spaces: 2
  • Parking Features: Carport, Driveway

Location

  • County: Jefferson
  • Subdivision: N. MADRAS PLAINS
  • Driving Directions: Head North on Highway 26 out of Madras. Property is on the right as you go over the overpass.

School Information

  • Elem School District: Buff
  • Elementary School: Madras
  • Middle School: Jefferson Co
  • High School: Madras

Community

  • Community Name: 340 - Jefferson County

Heating & Cooling

  • Heating Type: Forced Air, Wood Stove
  • Heating Fuel: Propane, Wood Burning

Utilities

  • Electric Available: Yes
  • Sewer: Other, Septic Tank
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Architectural Style: Farmhouse
  • Basement Desc.: Crawl Space, Unfinished
  • Roof: Composition
  • Windows: Vinyl Frames, Wood Frames
  • Stories/Levels: 1
  • Square Feet: 1,658
  • Year Built: 1970
  • Property Condition: Approximately

Lot Features

  • Lot Size (Acres): 158.96
  • Lot Size (Sq. Ft.): 6,924,297
  • Lot Size: 100 to 199.99 Acres
  • Frontage: Gravel
  • Irrigation System: Hand Line, See Remarks, Wheel Line
  • Lot Features: Gated, Level, Pasture, Private, Private Road, Trees
  • Land Use: Farm
  • Fencing (Description): Cross Fenced, Perimeter

Financial Considerations

  • Tax Amount: $2,138.62
  • Tax Year: 2024
  • Terms: Cash, Conventional

Disclosures and Reports

  • Documents Avail.: Survey, Water Rights Certification
  • Legal Description: MAP# 10133600 00300, S36 T10S R13E
  • Disclosures/Reports: Disclosure
  • Property ID: 10919

Listed by eXp Realty, LLC (888) 814-9613, E. Lamar Yoder (503) 915-8271

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Listing agent

— 1201 N Hwy 26 —

  • E. Lamar Yoder

    eXp Realty, LLC

    888-814-9613

503-915-8271

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1201 N Hwy 26

School District:Jefferson County School District 509j
NameGradesDistance
Madras Elementary School
215 Southeast 10th Street, Madras, OR 97741
K-51.7 mi
Jefferson County Middle School
1180 Southeast Kemper Way, Madras, OR 97741
6-81.8 mi
Madras High School
390 Southeast 10th Street, Madras, OR 97741
9-121.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1201 N Hwy 26 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/06/2025
Listed
$3,500,000
677.78%
MLS
1/04/2019
Sold
$450,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1201 N Hwy 26

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,170
1%
$132,161
3%
2024
$2,139
8%
$128,293
3%
2023
$1,988
1%
$124,731
3%
2022
$1,971
5%
$121,413
3%
2021
$1,883
2%
$118,003
3%
2020
$1,853
4%
$114,966
3%
2019
$1,787
3%
$111,737
3%
2018
$1,732
4%
$108,611
3%
2017
$1,666
3%
$105,575
3%
2016
$1,610
—
$102,589
3%
2016
$1,610
—
$99,685
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1201 N Hwy 26

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NMLS#: 1598647

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Listed by eXp Realty, LLC (888) 814-9613, E. Lamar Yoder (503) 915-8271

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1201 N Highway 26, Madras, OR 97741 (MLS# 533434314) is a Single Family property with 3 bedrooms and 1 full bathroom. 1201 N Highway 26 is currently listed for $3,500,000 and was received on October 06, 2025. Want to learn more about 1201 N Highway 26? Do you have questions about finding other Single Family real estate for sale in Madras? You can browse all Madras real estate or contact a Coldwell Banker agent to request more information.

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