Fantastic Development Opportunity in Madras!
Don't miss this rare chance to own 7.27 acres of R1-zoned land, perfect for residential development. Whether you're a builder, investor, or dreaming of a spacious homesite with long-term potential, this property offers endless possibilities. Conveniently located with easy access to town, shopping, and schools. Bring your offer.
Active
$690,000
Bill Hoffman Subdivision Lot 1, Madras, OR 97741
--beds
0baths
7.27Acres
Residential Lots, Land
Built in ----
7.27 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 87 days
- 8
- 0
Zillow last checked:
Listing updated:
Listed by:
Century 21 Northstar 503-297-1014
Source: Oregon Datashare,MLS#: 220222715
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Features
- Has fireplace: No
Property
Features
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 7.27 Acres
Details
- Parcel number: 20880
- Zoning description: R1
- Special conditions: Standard
Utilities & green energy
- Sewer: None
- Water: None
- Utilities for property: None
Community & HOA
Community
- Subdivision: Bill Hoffman
HOA
- Has HOA: No
Location
- Region: Madras
Financial & listing details
- Annual tax amount: $2,625
- Date on market: 6/4/2026
- Cumulative days on market: 87 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2026 | Listed for sale | $690,000+38% |
Source: | ||
| 1/1/2026 | Listing removed | $500,000 |
Source: | ||
| 7/9/2025 | Listed for sale | $500,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
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.






