12230 NE Hwy 97, Madras, OR 97741

$29,900,000
Property Type: Farm Bedrooms: 6 Baths: 6 Square Footage: 4,652 Lot Size (sq. ft.): 1,447,019,640 Status: Active
Current Price: $29,900,000 List Date: 11/04/2025 Last Modified: 7/07/2026

Overview

Description

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.

Listing Details MLS# 220204053

General Property Information

Bedrooms Total
6
Bathrooms Total
6
Bathrooms Full
5
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
Check with District
Middle Or Junior School
Check with District
High School
Check with District
Zoning
EFU
Tax Annual Amount
31564.8
Tax Year
2024
Crops Included YN
No
CC&R's YN
No
Horse Property YN
Yes
Preferred Escrow Company & Officer
April Hensley - Amerititle
FIRPTA YN
No
Sign On Property YN
Yes

Property Features

Appliances: Dishwasher; Double Oven; Oven; Range; Range Hood; Refrigerator Architectural Style: Colonial Cooling: Heat Pump Fireplace Features: Great Room Flooring: Hardwood; Tile Foundation Details: Stone Heating: Electric; Wood Interior Features: Vaulted Ceiling(s) Levels: Two Roof: Shake Rooms: Dining Room; Family Room; Great Room; Kitchen; Laundry; Living Room; Loft; Primary Bedroom Security Features: Smoke Detector(s) Current Use: Agricultural; Grazing; Pasture; Ranch; Recreational Exclusion of Rights: Water Rights Fencing: Barbed Wire; Perimeter Grazing Permits: BLM Irrigation Distribution: Center Pivot; Hand Line(s); Wheel Line(s) Irrigation Source: Creek; On Site Well Utilities: Electricity Connected; Phone Available Lot Features: Adjoins Public Lands; Fenced; Landscaped; Pasture; Sloped Other Structures: Airplane Hangar; Animal Stall(s); Barn(s); Chutes; Corral(s); Guest House; Scales; Second Residence; Shed(s); Stable(s); Storage; Workshop Parking Features: Detached Patio and Porch Features: Covered; Front Porch; Porch Road Surface Type: Gravel Structure Type: Mixed Use Soil Type: Loam View: Canyon; Cascade Mountains; Mountain(s); Panoramic; Territorial Water Rights Type: Adjudicated Waterfront Features: Creek; Stream Power Production: None Sewer: Septic Tank; Standard Leach Field Water Source: Well Documents on File: Legal Description Listing Terms: Cash; Conventional Special Listing Conditions: Trust

Location Tax and Legal

Street Number
12230
Street Dir Prefix
NE
Street Name
Hwy 97
County
Jefferson
State
OR
Postal Code
97741
Subdivision Name
N/A

Contract Information

Original List Price
29900000
List Price per SqFt
6427.34
Listing Contract Date
2025-03-27

Remarks and Miscellaneous

Public Remarks
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.

Status Change Information

Status Change Timestamp
2025-11-04

More Information

Acreage Details

Irrigation Water Rights Acres
564.5
Listing Office: Hicks Team - Fay Ranches LLC
Last Updated: July - 07 - 2026
Information deemed reliable but not guaranteed.