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This 3-bed, 3-bath home at 2490 NW Deschutes Drive in Madras is listed at $2,275,000. It has 2,757 square feet, sits on 402.97 acres, and was built in 1992. Status is Active, with 348 days on market.
Overview
Interior
Exterior & lot
Systems & utilities
Financial
Listing
From the MLS listing. Verify with the listing broker.
Welcome to Mountain Sunset Farm—407.27± acres of productive, private farmland with sweeping Cascade Mountain views. The 135.67-acre home place features a 2,757 sq ft split-level home with 3 beds, 3 baths, den/office with Murphy bed, and an open, light-filled layout. High-end finishes include cherry cabinetry, quartz counters, stainless appliances, radiant floors, and a mini split system. A 40x60 hay/equipment barn adds essential utility. Two additional farm parcels—157± acres with shop, grain silos, and prime building sites, plus a 114.6± acre parcel with a 3-bed, 2-bath manufactured home—offer extensive versatility and potential for up to three residences. Surrounded by established farms yet minutes to Madras and under an hour to Bend, this rare Central Oregon offering blends fertile land, strong infrastructure, and stunning vistas.
A rough estimate, not a quote. Loan amount $1,820,000 · $455,000 down · 30 year term.
The starting rate is the Freddie Mac 30-year fixed, via FRED published for the week of Nov 9, 2026. You can change it.
Insurance starts at 0.35% of price each year. Type your quote to replace it.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share inside the recorded boundary of Madras. The wash is sales density of closes in the last 90 days; homes for sale and pending stay as marks. Pulses and the sold count are the closes of the last 30 days. Counts and medians cover every listing read for this map.
The median sale price is $378,000, the middle of 155 single family closed sales over the last 12 months. (Oregon Data Share MLS, as of Nov 14, 2026)
Madras
live MLS through Oregon Data Share, active single-family houses in Madras, the same count and median list the Madras market figures on this site publish. This price is the published list price. Months of supply = active listings divided by average monthly closings over the last 6 months (homes closed in the last 6 months divided by 6). A lower months-of-supply figure means fewer homes for sale relative to the recent sales pace. · updated Nov 15, 2026
| Date | Event | Price |
|---|---|---|
| Nov 9, 2026 | Active | $2,275,000 |
| Nov 9, 2026 | Back on market | $2,275,000 |
| Oct 15, 2026 | Price drop | $2,275,000$100K down |
| Mar 16, 2026 | Price drop | $2,375,000$124K down |
| Dec 2, 2025 | Listed | $2,499,000 |
| Year | Tax |
|---|---|
| 2024 | $8,734 |
Tax as filed on the listing. Jefferson County. Parcel 11738.
Similar homes
Madras · What to do about this house
The typical cut was 4.5% off the original ask, and the typical home went under contract in 57 days.
Madras single family homes · every sale that closed in the 12 months to November 14, 2026
Ryan Realty analysis · n=155 · read 2026-11-15 | Ryan Realty analysis · n=63 · read 2026-11-15 | Ryan Realty analysis · n=146 · read 2026-11-15 | public.listings, this listing · OriginalListPrice 2499000 to ListPrice 2275000 · first listed 2025-12-02 in this listing's history, earlier than OnMarketDate 2026-11-09, calendar days to today in America/Los_Angeles · not DaysOnMarket, which is list-to-close
Tour requests usually get a same-day reply.
Listing courtesy of Hicks Team - Fay Ranches LLC
Data last updated November 15, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
