Skip main navigation
Active
    • Price cut: $6M (4/27)
    $48,560,000

    0 NE Highway 97, Madras, OR 97741

    4beds
    3baths
    4,652sqft
    : 
    Loading
    Get pre-qualified
    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
    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.
    472 days
    |
    1,257
    |
    41
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Hicks Team - Fay Ranches LLC 541-362-8177

    Source: Oregon Datashare,MLS#: 220198205MLS Logo

    Loading...

      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: 472 days
      • Listing terms: Cash,Conventional
      • Road surface type: Dirt, Gravel, Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,821/mo

        Price history

        DateEventPrice
        4/27/2026Price change$48,560,000-11%$10,439/sqft
        Source: Oregon Datashare #220198205 Report a problem
        9/22/2025Price change$54,580,000+4.5%$11,733/sqft
        Source: Oregon Datashare #220198205 Report a problem
        3/27/2025Listed for sale$52,250,000$11,232/sqft
        Source: Oregon Datashare #220198205 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 97741

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

              Nearby cities

              Nearby zip codes

              Other Madras Topics

                Search
                Updates
                Favorites
                Plan
                Inbox