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NE Cherry Lane in Madras is listed at $225,000. It sits on 2 acres. Status is Active, with 879 days on market.
Overview
Exterior & lot
Systems & utilities
Financial
Listing
From the MLS listing. Verify with the listing broker.
Unobstructed views of the entire Cascade Range from the west end of this 2 acre buildable lot lon NE Cherry Lane! With stunning Cascade views, end of the road privacy and wide open spaces surrounding. This location is a gem! Build your dream home, ADU, shop, garden and grounds on this level 2 acre parcel with water and electric located at the street and standard septic feasibility in place. From sun up to sun down, you'll breathe easy in this peaceful hideaway! (One owner is a licensed real estate broker in OR and WA.) Motivated sellers.
A rough estimate, not a quote. Loan amount $180,000 · $45,000 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.
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 14, 2026 | Price drop | $225,000$24K down |
| Jun 27, 2026 | Price drop | $249,000$1K down |
| Jun 26, 2026 | Back on market | $250,000 |
| Jan 30, 2026 | Price drop | $250,000$25K down |
| Apr 5, 2025 | Price drop | $275,000$25K down |
| Jun 19, 2024 | Listed | $300,000 |
| Year | Tax |
|---|---|
| 2025 | $458 |
Tax as filed on the listing. Jefferson County. Parcel 10732.
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 300000 to ListPrice 225000 · first listed 2024-06-19 in this listing's history, earlier than OnMarketDate 2026-06-26, 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 Knightsbridge International
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.
