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

Location, Tax, and Legal

Section: Not Applicable
Parcel Number: 51
Lot Size Acres: 49938.4
Lot Size Square Feet: 2175316704
Additional Parcels YN: Yes
Additional Parcels Description: See documents for full list of parcel ID's

Architectural Style

Colonial: Yes

Current Use

Agricultural: Yes
Grazing: Yes
Pasture: Yes
Ranch: Yes
Recreational: Yes

Cooling

Other: Yes

Construction Materials

Frame: Yes

Fireplace Features

Great Room: Yes

Flooring

Hardwood: Yes

Fencing

Barbed Wire: Yes
Cross Fenced: Yes
Perimeter: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Foundation Details

Slab: Yes

Heating

Propane: Yes

Irrigation Distribution

Center Pivot: Yes
Hand Line(s): Yes
Pump(s): Yes
Wheel Line(s): Yes

Levels

Two: Yes

Lot Features

Adjoins Public Lands: Yes
Fenced: Yes
Landscaped: Yes
Pasture: Yes
Sloped: Yes
Water Feature: Yes

Roof

Shake: Yes

Rooms

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

Other Structures

Animal Stall(s): Yes
Arena: Yes
Barn(s): Yes
Chutes: Yes
Corral(s): Yes
Guest House: Yes
Mobile Home: Yes
Second Residence: Yes
Shed(s): Yes
Stable(s): Yes
Storage: Yes
Workshop: Yes

Road Surface Type

Dirt: Yes
Gravel: Yes
Paved: Yes

View

Lake: Yes
Mountain(s): Yes
Pond: Yes
Ridge: Yes
River: Yes

Waterfront Features

Pond: Yes
River Front: Yes
Stream: Yes

Parking Features

Driveway: Yes
Gravel: Yes

Power Production

None: Yes

Sewer

Other: Yes

Utilities

Electricity Connected: Yes

Water Source

Spring: Yes

Documents on File

Legal Description: Yes

Special Listing Conditions

Trust: Yes

Listing Office: Hicks Team - Fay Ranches LLC

Last Updated: April - 27 - 2026

Information deemed reliable but not guaranteed.