Central Oregon Homes, Land & Acreage for Sale

505 SE Rancho Lane, Madras, OR 97741

$665,000

Virtual Tour

https://mikealbright.aryeo.com/videos/019debef-eddb-7210-a393-637bd077811d

basement--plumbed for bathroom on right side

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: 7/21/2026

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 expansion, 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 agen

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 expansion, 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 agen
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

Location, Tax, and Legal

Cross Street: Dussault
Section: Not Applicable
Parcel Number: 1624
Tax Map Number: 111313-DO-02100
Tax Lot: Yes
Tax Block: 6
Lot Size Acres: 2.18
Lot Size Square Feet: 94961
Additional Parcels YN: No

Appliances

Cooktop: Yes
Dishwasher: Yes
Disposal: Yes
Instant Hot Water: Yes
Microwave: Yes
Oven: Yes
Refrigerator: Yes
Water Heater: Yes

Basement

Daylight: Yes
Exterior Entry: Yes
Full: Yes
Partial: Yes

Architectural Style

Traditional: Yes

Common Walls

No Common Walls: Yes

Cooling

Heat Pump: Yes

Construction Materials

Frame: Yes

Fireplace Features

Family Room: Yes
Propane: Yes

Flooring

Carpet: Yes
Hardwood: Yes
Tile: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Foundation Details

Stemwall: Yes

Flood

N/A: Yes

Heating

Electric: Yes
Fireplace(s): Yes
Forced Air: Yes
Heat Pump: Yes
Propane: Yes

Inclusions/Exclusions

Inclusions: Microwave, Oven, Range, DishwasherAll attached blinds
Exclusions: Washer/Dryer, Some garden art in front yard, Curtains, Refrigerator is negotiable outside of escrow,

Interior Features

Breakfast Bar: Yes
Ceiling Fan(s): Yes
Double Vanity: Yes
Fiberglass Stall Shower: Yes
Kitchen Island: Yes
Linen Closet: Yes
Pantry: Yes
Primary Downstairs: Yes
Shower/Tub Combo: Yes
Smart Thermostat: Yes
Solar Tube(s): Yes
Tile Counters: Yes
Tile Shower: Yes
Vaulted Ceiling(s): Yes
Walk-In Closet(s): Yes

Levels

Three Or More: Yes

Irrigation Source

None: Yes

Lot Features

Corner Lot: Yes
Landscaped: Yes
Level: Yes
Native Plants: Yes

Roof

Composition: Yes

Security Features

Carbon Monoxide Detector(s): Yes
Smoke Detector(s): Yes

Rooms

Dining Room: Yes
Family Room: Yes
Great Room: Yes
Kitchen: Yes
Laundry: Yes
Living Room: Yes
Loft: Yes
Primary Bedroom: Yes
Second Primary: Yes

Window Features

Double Pane Windows: Yes
Vinyl Frames: Yes

Road Frontage Type

Shared Access: Yes

Road Surface Type

Paved: Yes

Structure Type

House: Yes

View

Cascade Mountains: Yes
Territorial: Yes

Exterior Features

Fire Pit: Yes

Parking Features

Attached: Yes
Concrete: Yes
Driveway: Yes
Garage Door Opener: Yes
On Street: Yes
Workshop in Garage: Yes

Patio and Porch Features

Awning(s): Yes
Covered: Yes
Covered Deck: Yes
Deck: Yes
Patio: Yes
Porch: Yes
Wrap Around: Yes

Power Production

None: Yes

Sewer

Capping Fill: Yes
Septic Tank: Yes

Utilities

Cable Available: Yes
Cable Connected: Yes
Electricity Available: Yes
Electricity Connected: Yes
Propane: Yes

Water Source

Backflow Domestic: Yes
Public: Yes

Special Listing Conditions

Standard: Yes

Documents

Home Amenity Sheet ›

CCR's RANCHO's ›

Listing Office: Windermere Realty Trust

Last Updated: July - 21 - 2026

Information deemed reliable but not guaranteed.