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1201 N Highway 26, 
Madras, OR 97741

$3,500,000


3

Beds


1

Bath


1,658

Sq Ft


Single Family


Virtual Tour

Active

Listed by

E. Lamar Yoder

eXp Realty LLC.

888-814-9613

Last updated:

October 26, 2025, 11:19 AM

MLS#

533434314

Source:

PORTLAND

About This Home

1201 N Highway 26

Positioned at the gateway of Central Oregon’s rapid expansion, this 158-acre property presents a rare chance to acquire land with immediate agricultural utility and extraordinary long-term development potential. Located north of Madras, directly on the Urban Growth Boundary (UGB) and across from existing commercial zoning, this property offers future residential, commercial, or mixed-use projects. Multiple access points and direct adjacency to the railroad, it is strategically situated for both growth and connectivity. 76 acres of irrigation rights, providing interim income potential and agricultural viability while awaiting development. Panoramic 360-degree views and diverse topography, enhancing both development flexibility and marketability. Farmhouse & Outbuildings: A 3-bed, 1-bath home with sunporch, plus shop, bunkhouse/storage shed, and mature landscaping—suitable for on-site management or interim rental income. Infrastructure upgrades (2023): new water line, new irrigation pivot with buried mainline, plus wheel lines and hand lines. With Central Oregon experiencing sustained population growth and economic expansion, properties with this proximity to the UGB, commercial zoning, and transportation corridors are increasingly rare. This offering provides a unique opportunity to secure a strategic landholding with both current income and future development upside.

Home Facts

Single Family

1 Bath

3 Bedrooms

Built in 1970

Price Summary

3,500,000

$2,110 per Sq. Ft.

MLS #:

533434314

Last Updated:

October 26, 2025, 11:19 AM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

1,658 Sq. Ft.


Structure

Structure

Architectural Style:

Farmhouse

Building Area:

1,658 Sq. Ft.

Year Built:

1970


Lot

Lot Size (Sq. Ft):

6,924,297


Finances & Disclosures

Finances

Price:

$3,500,000

Price per Sq. Ft:

$2,110 per Sq. Ft.

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All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Coldwell Banker Professional Group are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: October 26, 2025

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