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This 4-bed, 2-bath home at 1774 W Ashwood Lane in Madras is listed at $1,550,000. It has 2,477 square feet, sits on 198.8 acres, and was built in 1952. Status is Active, with 741 days on market.
Overview
Interior
Exterior & lot
Systems & utilities
Financial
Listing
From the MLS listing. Verify with the listing broker.
Highly productive 198 acre farm in Central Oregon with 146.9 acres of Deschutes River water rights. This farm is very efficient with three newer center pivots covering the.bulk of the farmable acreage. Property has a nicely updated 4 bed 2 bath home with gorgeous unobstructed views of the Cascade Mountains, and a 360 degree view of the local mountains. The master suite was added in 2012 complete with a walk in closet, jetted tub and a propane fireplace to keep you cozy. Property is conveniently located a paved dead end road only a couple miles from Madras with shopping and schools a very short commute.This property borders BLM lands and includes a portion of Willow Creek Canyon where Mule Deer are frequently seen. Outside is landscaped fenced yard along with a detached garage, a large shop, a hay shed and a horse barn with tack room and storage area. Here is your chance to own a turn key farm in beautiful Jefferson County
A rough estimate, not a quote. Loan amount $1,240,000 · $310,000 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 |
|---|---|---|
| Oct 11, 2026 | Back on market | $1,550,000 |
| Sep 4, 2026 | Price drop | $1,550,000$240K down |
| Feb 3, 2026 | Price drop | $1,790,000$100K down |
| Nov 4, 2024 | Listed | $1,890,000 |
| Year | Tax |
|---|---|
| 2023 | $4,590 |
Tax as filed on the listing. Jefferson County. Parcel 1226 & 14934.
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 1890000 to ListPrice 1550000 · first listed 2024-11-04 in this listing's history, earlier than OnMarketDate 2026-10-11, 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 Keller Williams Realty Central Oregon
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.
