505 SE Rancho Lane, Madras, OR 97741

$665,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,641 Lot Size (sq. ft.): 94,961 Status: Active
Current Price: $665,000 List Date: 5/01/2026 Last Modified: 10/15/2026

Overview

Description

Welcome to this beautifully maintained custom home in one of Madras' most desirable, quiet neighborhoods on 2+ acres! This spacious home offers 2,641 sq ft on the main levels, featuring 2 primary suites, oversized rooms, hardwood, tile & carpet, propane fireplace, living & family rooms, and formal dining. The kitchen showcases custom alder cabinetry, abundant storage, and generous workspace. Upstairs includes the 2nd primary suite/bath, loft, and 3rd roomy bedroom. The walk-out daylight basement offers an additional 1,800 sq ft, partially finished with insulation, sheetrock, a plumbed bath, and rough electrical--ready for multi-generational living, or income potential. Situated on a 2-acre lot, offering privacy, room to roam, and endless possibilities. Enjoy a private deck with Sunsetter awning, phantom screen door, and mountain views, plus native landscaping, outdoor fireplace, and oversized 2-car garage. Truly exceptional home! Seller is a licensed Oregon real estate agent.

Listing Details MLS# 220220566

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
3
Bathrooms Total
3
Bathrooms Full
2
Bathrooms Half
Yes
Garage YN
Yes
Garage Spaces
2
Total Living Area SqFt
2641
Main House SqFt
2641
SqFt Source
Other
Year Built
2003
Accessory Dwelling Unit YN
No
Rented YN
No
Short Term Rental Permit YN
No
New Construction YN
No
Elementary School
Check with District
Middle Or Junior School
Jefferson County Middle
High School
Madras High
Zoning
RR-5
Tax Annual Amount
5430
Tax Year
2025
Potential Tax Liability YN
No
Assessment YN
No
Irrigation Water Rights YN
No
CC&R's YN
Yes
Association YN
No
Senior Community YN
No
Horse Property YN
No
Preferred Escrow Company & Officer
Western Title - Nicole McGraw
FIRPTA YN
No
Sign On Property YN
Yes

Property Features

Appliances: Cooktop; Dishwasher; Disposal; Instant Hot Water; Microwave; Oven; Refrigerator; Water Heater Architectural Style: Traditional Basement: Daylight; Exterior Entry; Full; Partial Common Walls: No Common Walls Construction Materials: Frame Cooling: Heat Pump Fireplace Features: Family Room; Propane Flooring: Carpet; Hardwood; Tile Foundation Details: Stemwall Heating: Electric; Fireplace(s); Forced Air; Heat Pump; Propane Interior Features: Breakfast Bar; Ceiling Fan(s); Double Vanity; Fiberglass Stall Shower; Kitchen Island; Linen Closet; Pantry; Primary Downstairs; Shower/Tub Combo; Smart Thermostat; Solar Tube(s); Tile Counters; Tile Shower; Vaulted Ceiling(s); Walk-In Closet(s) Levels: Three Or More Roof: Composition Rooms: Dining Room; Family Room; Great Room; Kitchen; Laundry; Living Room; Loft; Primary Bedroom; Second Primary Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Window Features: Double Pane Windows; Vinyl Frames Exterior Features: Fire Pit Flood: N/A Irrigation Source: None Lot Features: Corner Lot; Landscaped; Level; Native Plants Parking Features: Attached; Concrete; Driveway; Garage Door Opener; On Street; Workshop in Garage Patio and Porch Features: Awning(s); Covered; Covered Deck; Deck; Patio; Porch; Wrap Around Road Frontage Type: Shared Access Road Surface Type: Paved Structure Type: House View: Cascade Mountains; Territorial Utilities: Cable Available; Cable Connected; Electricity Available; Electricity Connected; Propane Power Production: None Sewer: Capping Fill; Septic Tank Water Source: Backflow Domestic; Public Listing Terms: Cash; Conventional; FHA; VA Loan Special Listing Conditions: Standard

Location Tax and Legal

Street Number
505
Street Dir Prefix
SE
Street Name
Rancho
Street Suffix
Lane
County
Jefferson
State
OR
Postal Code
97741
Subdivision Name
Ranchos

Contract Information

Original List Price
689900
List Price per SqFt
251.8
Listing Contract Date
2026-05-01

Remarks and Miscellaneous

Public Remarks
Welcome to this beautifully maintained custom home in one of Madras' most desirable, quiet neighborhoods on 2+ acres! This spacious home offers 2,641 sq ft on the main levels, featuring 2 primary suites, oversized rooms, hardwood, tile & carpet, propane fireplace, living & family rooms, and formal dining. The kitchen showcases custom alder cabinetry, abundant storage, and generous workspace. Upstairs includes the 2nd primary suite/bath, loft, and 3rd roomy bedroom. The walk-out daylight basement offers an additional 1,800 sq ft, partially finished with insulation, sheetrock, a plumbed bath, and rough electrical--ready for multi-generational living, or income potential. Situated on a 2-acre lot, offering privacy, room to roam, and endless possibilities. Enjoy a private deck with Sunsetter awning, phantom screen door, and mountain views, plus native landscaping, outdoor fireplace, and oversized 2-car garage. Truly exceptional home! Seller is a licensed Oregon real estate agent.
Directions
Corner of Lava and Dussault. If you put 505 LAVA LANE in MAPS, it'll take you right to it. The county will change address with the next owners.
Leased Components
Propane tank leased from Ed Staub & Sons

Status Change Information

Status Change Timestamp
2026-05-01

More Information

Documents

Listing Office: Windermere Realty Trust
Last Updated: October - 15 - 2026
Information deemed reliable but not guaranteed.
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