547 SW Bear Drive, Madras, OR 97741

$924,900
Property Type: Farm Bedrooms: 3 Baths: 3 Square Footage: 2,996 Lot Size (sq. ft.): 1,548,122 Status: Closed
Current Price: $924,900 List Date: 10/21/2025 Last Modified: 5/04/2026

Overview

Description

This 35-acre pivot-irrigated farm offers productive ground for hay or crops, stunning Cascade Mountain views, and a beautifully maintained home. Recently painted and thoughtfully updated, the 2-story residence features a bright kitchen with modern finishes, a cozy family room, private office, and an upgraded primary suite with fireplace, spa-like bath, and serene vistas. Step outside to a landscaped yard with mature trees, paved patio, soothing water feature, and fire pit for evenings under the stars. Three impressive outbuildings provide exceptional utility: a 2,668 sq. ft. shop with multiple bays, RV hookups, insulated workshop, and bathroom; a 2,328 sq. ft. utility building for storage or equipment; and a 1,440 sq. ft. hay cover. With room for productivity and space to relax, this property blends farm functionality with rural lifestyle appeal, all just five minutes from town.

Listing Details MLS# 220210971

General Property Information

Bedrooms Total
3
Bathrooms Total
3
Bathrooms Full
3
Garage YN
Yes
Garage Spaces
2
Total Living Area SqFt
2996
Main House SqFt
2996
SqFt Source
Assessor
# of Living Units
Yes
Year Built
1977
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
A1
Tax Annual Amount
5435.97
Tax Year
2025
Potential Tax Liability YN
Yes
Assessment YN
No
Irrigation Water Rights YN
Yes
Irrigation District
North Unit
Crops Included YN
No
CC&R's YN
No
Horse Property YN
Yes
Preferred Escrow Company & Officer
Deschutes Title | Cassie Ringgenberg
FIRPTA YN
No
Sign On Property YN
Yes
Bathrooms Half
0

Property Features

Appliances: Dishwasher; Disposal; Dryer; Microwave; Oven; Range; Refrigerator; Washer; Water Heater Architectural Style: Traditional Basement: None Construction Materials: Frame Cooling: Central Air; Heat Pump Fireplace Features: Family Room; Gas; Living Room; Primary Bedroom Flooring: Carpet; Hardwood; Vinyl Foundation Details: Stemwall Heating: Electric; Forced Air; Heat Pump Interior Features: Built-in Features; Central Vacuum; Double Vanity; Granite Counters; Kitchen Island; Linen Closet; Pantry; Shower/Tub Combo; Soaking Tub; Vaulted Ceiling(s); Walk-In Closet(s) Levels: Two Roof: Composition Rooms: Dining Room; Eating Area; Kitchen; Laundry; Living Room; Office; Primary Bedroom Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Window Features: Double Pane Windows; Vinyl Frames Current Use: Agricultural; Grazing; Hobby; Pasture; Ranch Exterior Features: RV Hookup Flood: N/A Irrigation Distribution: Wheel Line(s) Irrigation Source: District Utilities: Electricity Connected; Propane Lot Features: Fenced; Garden; Landscaped; Level; Pasture; Sprinkler Timer(s); Sprinklers In Front; Sprinklers In Rear; Water Feature Other Structures: Barn(s); Greenhouse; Second Garage; Shed(s); Storage; Workshop; Other Parking Features: Attached; Garage Door Opener; RV Access/Parking; RV Garage; Other Patio and Porch Features: Covered Deck; Deck; Patio; Rear Porch; Side Porch Road Surface Type: Paved Structure Type: House View: Cascade Mountains; Mountain(s); Panoramic Power Production: None Sewer: Septic Tank; Standard Leach Field Water Source: Public Documents on File: Aerial Photos; Legal Description Listing Terms: Cash; Conventional; VA Loan Special Listing Conditions: Standard

Location Tax and Legal

Street Number
547
Street Dir Prefix
SW
Street Name
Bear
Street Suffix
Drive
County
Jefferson
State
OR
Postal Code
97741
Subdivision Name
N/A

Contract Information

Original List Price
1100000
List Price per SqFt
367.16
Listing Contract Date
2025-10-21

Remarks and Miscellaneous

Public Remarks
This 35-acre pivot-irrigated farm offers productive ground for hay or crops, stunning Cascade Mountain views, and a beautifully maintained home. Recently painted and thoughtfully updated, the 2-story residence features a bright kitchen with modern finishes, a cozy family room, private office, and an upgraded primary suite with fireplace, spa-like bath, and serene vistas. Step outside to a landscaped yard with mature trees, paved patio, soothing water feature, and fire pit for evenings under the stars. Three impressive outbuildings provide exceptional utility: a 2,668 sq. ft. shop with multiple bays, RV hookups, insulated workshop, and bathroom; a 2,328 sq. ft. utility building for storage or equipment; and a 1,440 sq. ft. hay cover. With room for productivity and space to relax, this property blends farm functionality with rural lifestyle appeal, all just five minutes from town.
Directions
Google and Apple maps will get you there.
Assessment Comments
County Shows Potential Additional Tax Liability as SA Farmland.

Status Change Information

Close Date
2026-05-04
Under Contract Date
2026-02-28
Status Change Timestamp
2026-05-04
Close Price
924900
Sold Price per SqFt
308.71

More Information

Acreage Details

Irrigation Water Rights Acres
35

Location, Tax, and Legal

Cross Street
SW Belmont Lane
Section
Not Applicable
Parcel Number
1284
Tax Map Number
111310
Tax Lot
1113100000701
Lot Size Acres
35.54
Lot Size Square Feet
1548122
Additional Parcels YN
No

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Microwave
Yes
Oven
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes
Water Heater
Yes

Basement

None
Yes

Architectural Style

Traditional
Yes

Current Use

Agricultural
Yes
Grazing
Yes
Hobby
Yes
Pasture
Yes
Ranch
Yes

Cooling

Central Air
Yes
Heat Pump
Yes

Construction Materials

Frame
Yes

Fireplace Features

Family Room
Yes
Gas
Yes
Living Room
Yes
Primary Bedroom
Yes

Flooring

Carpet
Yes
Hardwood
Yes
Vinyl
Yes

Listing Terms

Cash
Yes
Conventional
Yes
VA Loan
Yes

Foundation Details

Stemwall
Yes

Flood

N/A
Yes

Heating

Electric
Yes
Forced Air
Yes
Heat Pump
Yes

Inclusions/Exclusions

Inclusions
W/D, Refrigerator

Interior Features

Built-in Features
Yes
Central Vacuum
Yes
Double Vanity
Yes
Granite Counters
Yes
Kitchen Island
Yes
Linen Closet
Yes
Pantry
Yes
Shower/Tub Combo
Yes
Soaking Tub
Yes
Vaulted Ceiling(s)
Yes
Walk-In Closet(s)
Yes

Irrigation Distribution

Wheel Line(s)
Yes

Levels

Two
Yes

Irrigation Source

District
Yes

Lot Features

Fenced
Yes
Garden
Yes
Landscaped
Yes
Level
Yes
Pasture
Yes
Sprinkler Timer(s)
Yes
Sprinklers In Front
Yes
Sprinklers In Rear
Yes
Water Feature
Yes

Roof

Composition
Yes

Security Features

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

Rooms

Dining Room
Yes
Eating Area
Yes
Kitchen
Yes
Laundry
Yes
Living Room
Yes
Office
Yes
Primary Bedroom
Yes

Other Structures

Barn(s)
Yes
Greenhouse
Yes
Second Garage
Yes
Shed(s)
Yes
Storage
Yes
Workshop
Yes
Other
Yes

Window Features

Double Pane Windows
Yes
Vinyl Frames
Yes

Road Surface Type

Paved
Yes

Structure Type

House
Yes

View

Cascade Mountains
Yes
Mountain(s)
Yes
Panoramic
Yes

Exterior Features

RV Hookup
Yes

Parking Features

Attached
Yes
Garage Door Opener
Yes
RV Access/Parking
Yes
RV Garage
Yes
Other
Yes

Patio and Porch Features

Covered Deck
Yes
Deck
Yes
Patio
Yes
Rear Porch
Yes
Side Porch
Yes

Power Production

None
Yes

Sewer

Septic Tank
Yes
Standard Leach Field
Yes

Utilities

Electricity Connected
Yes
Propane
Yes

Water Source

Public
Yes

Documents on File

Aerial Photos
Yes
Legal Description
Yes
Photos
Yes

Special Listing Conditions

Standard
Yes
Listing Office: Windermere Realty Trust
Last Updated: May - 04 - 2026
Information deemed reliable but not guaranteed.
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