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  • Price cut: $3.7M (4/27)
    $48,560,000

     Madras, OR 97741

    --beds
    0baths
    51,087Acres
    Unimproved Land
    Built in ----
    51,087 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Diverse and productive landDeschutes river canyonSnow-capped cascade mountain rangeExpansive grazing rangelandsIrrigated hay groundHigh plains rangelandsBreathtaking landscapes
    Established on July 8, 1879, Cross Keys Ranch has a rich history as a post office, stage stop, and premier cattle operation. 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. For nearly 150 years, Cross Keys Ranch 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. From the snow-capped Cascade Mountain Range to the Deschutes River Canyon, high plains rangelands, creeks, rolling hills, and deep canyons, the scenery is unparalleled. Beyond ranching, Cross Keys Ranch is a multi-dimensional property offering big game and bird hunting, fishing, hiking, rock hounding, ATV and horseback riding, and more. 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—including a primary suite—multiple guest rooms, 2.5 baths, and a grand fireplace room. Additional accommodations include multiple manager and ranch-hand residences, remote hunting cabins, a historic 1800s-style dance hall, and a full-scale rodeo arena with a banquet and party hall. For outdoor enthusiasts, Cross Keys Ranch is a sportsman’s paradise, boasting trophy bull elk, mule deer, antelope, and Aoudad sheep, along with upland birds, waterfowl, bass, trout, and steelhead fishing. A 20± acre private lake further enhances the property’s recreational appeal.
    431 days
    |
    519
    |
    26
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jesica Hicks 949-280-6762,

    Hicks Team - Fay Ranches, LLC,

    Jerry Hicks 541-420-0679,

    Hicks Team - Fay Ranches, LLC

    Source: RMLS (OR),MLS#: 348049982MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0

      Property

      Features
      • Fencing: Barbed Wire,Cross Fenced,Perimeter,Fenced
      • Has view: Yes
      • View description: Mountain(s), River, Territorial
      • Has water view: Yes
      • Water view: River
      • Waterfront features: Creek, Lake
      • Body of water: Lake
      Lot
      • Size: 51,087 Acres
      • Features: Divided by Road, Hilly, Pasture, Trees, Rolling Slope, Sloped, Acres 200 or More
      Details
      • Additional structures: Existing Structures, Arena, Residence, Workshop
      • Additional parcels included: See Docs
      • Parcel number: 217
      • Zoning: EFU
      • Other equipment: Irrigation Equipment

      Utilities & green energy

      • Electric: Call Listing Agent
      • Water: Irrigation Water Available, Irrigation Well, Spring
      • Utilities for property: Cable Connected, Sewer Connected, Water Connected

      Community & HOA

      HOA
      • Has HOA: No
      • Amenities included: Electricity, Recreation Facilities, Utilities
      Location
      • Region: Madras

      Financial & listing details

      • Annual tax amount: $65,155
      • Date on market: 3/27/2025
      • Listing terms: Call Listing Agent,Cash,Conventional
      • Has irrigation water rights: Yes
      • Acres allowed for irrigation: 2438
      • Electric utility on property: Yes
      • Road surface type: Dirt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/27/2026Price change$48,560,000-7.1%
        Source: RMLS (OR) #348049982 Report a problem
        3/27/2025Listed for sale$52,250,000
        Source: RMLS (OR) #348049982 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 97741

        Getting around

        0 / 100
        Car-Dependent
        20 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Madras
        • Middle: Jefferson Co
        • High: Madras

        Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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