Active

$29,900,000

12230 NE Highway 97, Madras, OR 97741

6beds

6baths

4,652sqft

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Farm

Built in 1921

33,219 Acres Lot

$-- Zestimate^®

$6,427/sqft

$-- HOA

What's special

Cascade viewsMultiple ranch housesAbundant waterBanquet hall

Nearly 50,000± acres of premier Central Oregon cattle and hunting land are available in a single offering. Criterion Ranch includes 33,219± deeded acres and a 15,200± acre BLM grazing permit. With 564.5 irrigated acres, abundant water, and a mild climate, it supports 1,200-1,500 mother cows and strong hay production. Located between Deschutes River, Deep Creek, and Trout Creek, it features Cascade views, trophy wildlife, and fishing for bass, trout, and steelhead. Recreation includes horseback riding, hiking, ATV trails, and more. The ranch boasts a six-bedroom owner's home, multiple ranch houses, cabins, barns, and a banquet hall. A rare turnkey operation with strong income from cattle, hay, hunting leases, guided trips, and events.

475 days

799

38

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 6

Heating

Electric, Wood

Cooling

Heat Pump

Appliances

Included: Dishwasher, Double Oven, Oven, Range, Range Hood, Refrigerator

Features

Vaulted Ceiling(s)
Flooring: Hardwood, Tile
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: Detached

Features

Levels: Two
Stories: 2
Patio & porch: Covered, Front Porch, Porch
Fencing: Barbed Wire,Perimeter,Fenced
Has view: Yes
View description: Canyon, Mountain(s), Panoramic, Territorial
Waterfront features: Stream, Creek

Lot

Size: 33,219 Acres
Features: Adjoins Public Lands, Landscaped, Pasture, Sloped

Details

Additional structures: Airplane Hangar, Animal Stall(s), Barn(s), Corral(s), Guest House, Shed(s), Stable(s), Storage, Workshop, Chutes
Additional parcels included: See attached document for Parcel ID's
Parcel number: 595
Zoning description: EFU
Special conditions: Trust
Other equipment: Scales
Horses can be raised: Yes

Construction

Type & style

Home type: SingleFamily
Architectural style: Colonial
Property subtype: Farm

Materials

Foundation: Stone
Roof: Shake

Condition

New construction: No
Year built: 1921

Utilities & green energy

Sewer: Septic Tank, Standard Leach Field
Water: Well

Community & HOA

Community

Security: Smoke Detector(s)

Location

Region: Madras

Financial & listing details

Price per square foot: $6,427/sqft
Tax assessed value: $763,740
Annual tax amount: $31,564
Date on market: 11/4/2025
Cumulative days on market: 475 days
Listing terms: Cash,Conventional
Road surface type: Gravel

Estimated market value

Not available

Estimated sales range

Not available

$4,036/mo

Price history

Date	Event	Price
6/16/2025	Listed for sale	$29,900,000+1395%$6,427/sqft
Source: Oregon Datashare #220204053 Report a problem
8/5/2024	Listing removed	--
Source: Oregon Datashare #220183456 Report a problem
6/26/2024	Price change	$2,000,000-50%$430/sqft
Source: Oregon Datashare #220183457 Report a problem
5/28/2024	Listed for sale	$4,000,000$860/sqft
Source: Oregon Datashare #220183456 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$4,216 +4.6%	$281,273 +3%
2023	$4,031 +0.9%	$273,208 +3%
2022	$3,994 +4.9%	$265,375 +2.9%
2021	$3,807 +1.8%	$257,772 +2.9%
2020	$3,740 +7.4%	$250,392 +6.1%
2018	$3,484 +4.1%	$236,043 +2.9%
2017	$3,348 +3.5%	$229,296 +2.9%
2016	$3,233 +2.2%	$222,749 +2.9%
2015	$3,165 -23.6%	$216,392 -24.9%
2014	$4,142	$288,326

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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