0 NE Hwy 97, Madras, OR 97741

$48,560,000
Property Type: Farm Bedrooms: 4 Baths: 3 Square Footage: 4,652 Lot Size (sq. ft.): 2,175,316,704 Status: Active
Current Price: $48,560,000 List Date: 3/27/2025 Last Modified: 4/27/2026

Overview

Description

Spanning over 51,087 deeded acres with an additional 15,000 acres of BLM grazing permits, the ranch encompasses an impressive 66,000 acres of diverse and productive land. This property has been a highly successful commercial cattle operation, with an ideal mix of fertile valley meadows, 2,438.4 acres of irrigated hay ground, and expansive grazing rangelands. The operation is rated for 1,200-1,500 mother cows, ensuring long-term sustainability and profitability. With a perimeter of over 100 miles, the breathtaking landscapes ensure no two days look the same. The ranch is fully equipped with a variety of living spaces, including an elegant owner's home featuring a gourmet stainless steel kitchen, four-bedroom suites, 2.5 baths, and a grand fireplace room. Additional accommodations include multiple manager and ranch-hand residences, remote hunting cabins, a dance hall, a church, and a rodeo arena with amenities.

Listing Details MLS# 220198205

General Property Information

Bedrooms Total
4
Bathrooms Total
3
Bathrooms Full
2
Bathrooms Half
Yes
Garage YN
No
Total Living Area SqFt
4652
Main House SqFt
4652
SqFt Source
Assessor
Year Built
1921
Accessory Dwelling Unit YN
No
Rented YN
No
New Construction YN
No
Elementary School
Madras Elementary
Middle Or Junior School
Jefferson County Middle
High School
Madras High
Zoning
EFU
Tax Annual Amount
65155.4
Tax Year
2023
Crops Included YN
Yes
CC&R's YN
No
Horse Property YN
Yes
FIRPTA YN
No
Sign On Property YN
Yes

Property Features

Architectural Style: Colonial Construction Materials: Frame Cooling: Other Fireplace Features: Great Room Flooring: Hardwood Foundation Details: Slab Heating: Propane Levels: Two Roof: Shake Rooms: Dining Room; Great Room; Kitchen; Laundry; Living Room; Loft; Primary Bedroom Current Use: Agricultural; Grazing; Pasture; Ranch; Recreational Fencing: Barbed Wire; Cross Fenced; Perimeter Irrigation Distribution: Center Pivot; Hand Line(s); Pump(s); Wheel Line(s) Utilities: Electricity Connected Lot Features: Adjoins Public Lands; Fenced; Landscaped; Pasture; Sloped; Water Feature Other Structures: Animal Stall(s); Arena; Barn(s); Chutes; Corral(s); Guest House; Mobile Home; Second Residence; Shed(s); Stable(s); Storage; Workshop Parking Features: Driveway; Gravel Road Surface Type: Dirt; Gravel; Paved View: Lake; Mountain(s); Pond; Ridge; River Waterfront Features: Pond; River Front; Stream Power Production: None Sewer: Other Water Source: Spring Documents on File: Legal Description Listing Terms: Cash; Conventional Special Listing Conditions: Trust

Location Tax and Legal

Street Dir Prefix
NE
Street Name
Hwy 97
County
Jefferson
State
OR
Postal Code
97741
Subdivision Name
N/A

Contract Information

Original List Price
52250000
List Price per SqFt
10438.52
Listing Contract Date
2025-03-27

Remarks and Miscellaneous

Public Remarks
Spanning over 51,087 deeded acres with an additional 15,000 acres of BLM grazing permits, the ranch encompasses an impressive 66,000 acres of diverse and productive land. This property has been a highly successful commercial cattle operation, with an ideal mix of fertile valley meadows, 2,438.4 acres of irrigated hay ground, and expansive grazing rangelands. The operation is rated for 1,200-1,500 mother cows, ensuring long-term sustainability and profitability. With a perimeter of over 100 miles, the breathtaking landscapes ensure no two days look the same. The ranch is fully equipped with a variety of living spaces, including an elegant owner's home featuring a gourmet stainless steel kitchen, four-bedroom suites, 2.5 baths, and a grand fireplace room. Additional accommodations include multiple manager and ranch-hand residences, remote hunting cabins, a dance hall, a church, and a rodeo arena with amenities.

Status Change Information

Status Change Timestamp
2025-03-27

More Information

Listing Office: Hicks Team - Fay Ranches LLC
Last Updated: April - 27 - 2026
Information deemed reliable but not guaranteed.