Spanning over 51,087 deeded acres with an additional 15,000 acres of BLM grazing permits, the ranch encompasses an impressive 66,000 acres of diverse and productive land. This property has been a highly successful commercial cattle operation, with an ideal mix of fertile valley meadows, 2,438.4 acres of irrigated hay ground, and expansive grazing rangelands. The operation is rated for 1,200-1,500 mother cows, ensuring long-term sustainability and profitability. With a perimeter of over 100 miles, the breathtaking landscapes ensure no two days look the same. The ranch is fully equipped with a variety of living spaces, including an elegant owner's home featuring a gourmet stainless steel kitchen, four-bedroom suites, 2.5 baths, and a grand fireplace room. Additional accommodations include multiple manager and ranch-hand residences, remote hunting cabins, a dance hall, a church, and a rodeo arena with amenities.
Active
$48,560,000
0 NE Highway 97, Madras, OR 97741
4beds
3baths
4,652sqft
Farm
Built in 1921
49,938.4 Acres Lot
$-- Zestimate®
$10,439/sqft
$-- HOA
What's special
Grand fireplace roomRodeo arenaRemote hunting cabinsDance hallExpansive grazing rangelandsIrrigated hay groundFour-bedroom suites
- 532 days
- 1,386
- 55
Zillow last checked:
Listing updated:
Listed by:
Hicks Team - Fay Ranches LLC 541-362-8177
Source: Oregon Datashare,MLS#: 220198205
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Propane
Cooling
- Other
Features
- Flooring: Hardwood
- Has fireplace: Yes
- Fireplace features: Great Room
Interior area
- Total structure area: 4,652
- Total interior livable area: 4,652 sqft
Property
Parking
- Parking features: Driveway, Gravel
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Fencing: Barbed Wire,Cross Fenced,Perimeter,Fenced
- Has view: Yes
- View description: Lake, Mountain(s), Pond, Ridge, River
- Has water view: Yes
- Water view: Lake,Pond,River
- Waterfront features: River Front, Pond, Stream
Lot
- Size: 49,938.4 Acres
- Features: Adjoins Public Lands, Landscaped, Pasture, Sloped, Water Feature
Details
- Additional structures: Animal Stall(s), Arena, Barn(s), Corral(s), Guest House, Mobile Home, Shed(s), Stable(s), Storage, Workshop, Chutes
- Additional parcels included: See documents for full list of parcel ID's
- Parcel number: 51
- Zoning description: EFU
- Special conditions: Trust
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Farm
Materials
- Frame
- Foundation: Slab
- Roof: Shake
Condition
- New construction: No
- Year built: 1921
Utilities & green energy
- Sewer: Other
- Water: Spring
Community & HOA
Location
- Region: Madras
Financial & listing details
- Price per square foot: $10,439/sqft
- Annual tax amount: $65,155
- Date on market: 3/27/2025
- Cumulative days on market: 533 days
- Listing terms: Cash,Conventional
- Road surface type: Dirt, Gravel, Paved
Estimated market value
Not available
Estimated sales range
Not available
$3,140/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/27/2026 | Price change | $48,560,000-11%$10,439/sqft |
Source: | ||
| 9/22/2025 | Price change | $54,580,000+4.5%$11,733/sqft |
Source: | ||
| 3/27/2025 | Listed for sale | $52,250,000$11,232/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 97741
Nearby schools
Schools provided by the listing agent
- Elementary: Madras Elementary
- Middle: Jefferson County Middle
- High: Madras High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



