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.
Active
$29,900,000
12230 NE Highway 97, Madras, OR 97741
6beds
6baths
4,652sqft
Farm
Built in 1921
33,219 Acres Lot
$-- Zestimate®
$6,427/sqft
$-- HOA
What's special
Cascade viewsMultiple ranch housesAbundant waterBanquet hall
- 533 days
- 780
- 34
Zillow last checked:
Listing updated:
Listed by:
Hicks Team - Fay Ranches LLC 541-362-8177
Source: Oregon Datashare,MLS#: 220204053
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: $726,570
- Annual tax amount: $31,564
- Date on market: 11/4/2025
- Cumulative days on market: 533 days
- Listing terms: Cash,Conventional
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
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 |
|---|---|---|
| 2025 | $4,263 +1.1% | $289,579 +3% |
| 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
