Perfect small farm set on wide-open Central Oregon acreage. This well-equipped property is ready to work, featuring horse stalls, a tack room, and a three-bay general-purpose building. A spacious shop and hobby area provide protected storage for equipment, tools, and toys.
The land is mostly fenced and cross-fenced, with high-value crops and pasture in place. About 49 acres are irrigated using wheel lines and main line, with gravity-fed water--no pumping costs.
The main home includes a full basement and ample living space. A second manufactured two-bedroom home is also included.
This is a rare opportunity to own a productive, well-laid-out farm ideal for livestock, hay, or a hobby operation with income potential.
Active
Price cut: $10K (8/31)
$605,000
4308 NE Collins Dr, Madras, OR 97741
4beds
2baths
2,510sqft
Single Family Residence
Built in 1953
52.06 Acres Lot
$590,300 Zestimate®
$241/sqft
$-- HOA
What's special
Ample living spaceHorse stallsTack roomThree-bay general-purpose building
- 223 days
- 657
- 46
Zillow last checked:
Listing updated:
Listed by:
eXp Realty, LLC 888-814-9613
Source: Oregon Datashare,MLS#: 220214781
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Electric, Pellet Stove, Wood
Cooling
- None
Features
- Flooring: Laminate
- Windows: Vinyl Frames
- Basement: Finished,Full
- Has fireplace: Yes
- Fireplace features: Insert
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,510
- Total interior livable area: 2,510 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached, Detached, Driveway
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Front Porch
- Has private pool: Yes
- Pool features: Fenced
- Has view: Yes
- View description: Territorial
Lot
- Size: 52.06 Acres
Details
- Additional structures: Barn(s), Poultry Coop, Second Garage, Shed(s), Storage
- Parcel number: 429
- Zoning description: A-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Foundation: Block
- Roof: Composition
Condition
- New construction: No
- Year built: 1953
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Madras
Financial & listing details
- Price per square foot: $241/sqft
- Tax assessed value: $7,130
- Annual tax amount: $1,422
- Date on market: 2/4/2026
- Cumulative days on market: 224 days
- Listing terms: Assumable,Cash,Conventional,FHA
- Has irrigation water rights: Yes
- Acres allowed for irrigation: 55
- Road surface type: Paved
Estimated market value
$590,300
$561,000 - $620,000
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Price change | $595,000-1.7%$237/sqft |
Source:  RMLS (OR) #368988657 Report a problem | ||
| 8/17/2026 | Price change | $605,000-4.7%$241/sqft |
Source: eXp Realty #368988657 Report a problem | ||
| 8/6/2026 | Price change | $634,990-2.3%$253/sqft |
Source: eXp Realty #368988657 Report a problem | ||
| 7/27/2026 | Listed for sale | $649,990$259/sqft |
Source: eXp Realty #368988657 Report a problem | ||
| 4/28/2026 | Contingent | $649,990$259/sqft |
Source: eXp Realty #368988657 Report a problem | ||
| 4/28/2026 | Listed for sale | $649,990$259/sqft |
Source: RMLS (OR) #368988657 Report a problem | ||
| 4/28/2026 | Pending sale | $649,990$259/sqft |
Source: RMLS (OR) #368988657 Report a problem | ||
| 4/22/2026 | Listed for sale | $649,990$259/sqft |
Source: RMLS (OR) #368988657 Report a problem | ||
| 3/6/2026 | Pending sale | $649,990$259/sqft |
Source: RMLS (OR) #368988657 Report a problem | ||
| 1/30/2026 | Listed for sale | $649,990+13%$259/sqft |
Source: RMLS (OR) #368988657 Report a problem | ||
| 10/3/2022 | Sold | $575,000-3.4%$229/sqft |
Source:  Oregon Datashare #220123010 Report a problem | ||
| 7/22/2022 | Pending sale | $595,000$237/sqft |
Source: Oregon Datashare #202003191 Report a problem | ||
| 6/20/2022 | Price change | $595,000-8.5%$237/sqft |
Source: Oregon Datashare #202003191 Report a problem | ||
| 6/6/2022 | Price change | $650,000-6.5%$259/sqft |
Source: Oregon Datashare #202003191 Report a problem | ||
| 3/18/2022 | Listed for sale | $695,000$277/sqft |
Source: Oregon Datashare #202003191 Report a problem | ||
| 3/8/2022 | Pending sale | $695,000$277/sqft |
Source: Oregon Datashare #202003191 Report a problem | ||
| 3/5/2022 | Price change | $695,000-7.3%$277/sqft |
Source: Oregon Datashare #202003191 Report a problem | ||
| 1/24/2022 | Listed for sale | $750,000$299/sqft |
Source: Oregon Datashare #220123010 Report a problem | ||
| 12/20/2021 | Listing removed | -- |
Source: Oregon Datashare #220123010 Report a problem | ||
| 5/19/2021 | Listed for sale | $750,000$299/sqft |
Source: Oregon Datashare #220123010 Report a problem | ||
| 1/22/2021 | Listing removed | $750,000$299/sqft |
Source:  Oregon Datashare #202003191 Report a problem | ||
| 12/30/2020 | Price change | $750,000-16.6%$299/sqft |
Source: Dick Dodson Realty #202003191 Report a problem | ||
| 4/16/2020 | Listed for sale | $899,000$358/sqft |
Source: Coldwell Banker Dick Dodson #202003191 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | -- |
| 2023 | $125 +28.8% | $7,210 +30.9% |
| 2022 | $97 +34% | $5,510 +37.1% |
| 2021 | $72 -0.9% | $4,020 |
| 2020 | $73 +1% | $4,020 |
| 2018 | $72 +0.9% | $4,020 |
| 2017 | $72 +0.5% | $4,020 |
| 2016 | $71 -3.9% | $4,020 -9.5% |
| 2015 | $74 -8.9% | $4,440 -8.6% |
| 2014 | $82 -18.7% | $4,860 -14.9% |
| 2013 | $100 +896.2% | $5,710 |
| 2012 | $10 -90.5% | $5,710 -6.9% |
| 2011 | $106 -11.8% | $6,130 -12.4% |
| 2010 | $120 | $7,000 |
| 2009 | -- | $7,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
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.
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