Prime Development Opportunity - 2.5 Acres Zoned R1. This is a rare opportunity to acquire 2.5 acres of flat, build-ready land in an exceptional location—directly across from the Jefferson County Fairgrounds. Zoned R1, this property has the potential to be subdivided into as many as 20 single family lots (buyer to verify with the City of Madras). Sewer has already been installed throughout the property, offering a major head start for development. Whether you're looking to build a subdivision of single-family or multi-family homes—or explore other possibilities. RV park potential exists, given the property's proximity to the fairgrounds & ideal layout for accommodating seasonal activity. This is an investment worth serious consideration. Please consult with the City of Madras for specific zoning and use requirements. Two conceptual Subdivision plans exist, ask for copies to review different development approaches. Growing demand and location offering direct access to everything!
Active
$350,000
SW Fairgrounds Rd LOT 200, Madras, OR 97741
--beds
0baths
2.51Acres
Residential Lots, Land
Built in ----
2.51 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 160 days |
- 39 |
- 1 |
Zillow last checked: 8 hours ago
Listing updated: December 04, 2025 at 09:47pm
Listed by:
eXp Realty, LLC 503-915-8271
Source: Oregon Datashare,MLS#: 220208077
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Features
- Has fireplace: No
Property
Features
- Fencing: Barbed Wire
- Has view: Yes
- View description: Territorial
Lot
- Size: 2.51 Acres
- Features: Level, Sloped
Details
- Parcel number: 1872
- Zoning description: R1
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Fiber Optics Available, Natural Gas Available, Phone Available
Community & HOA
Community
- Subdivision: Madras
HOA
- Has HOA: No
Location
- Region: Madras
Financial & listing details
- Annual tax amount: $1,145
- Date on market: 8/21/2025
- Cumulative days on market: 161 days
- Listing terms: Cash,Private Financing Available
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2025 | Listed for sale | $350,000 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 97741
Nearby schools
GreatSchools rating
- 2/10Metolius Elementary SchoolGrades: K-5Distance: 2.6 mi
- 5/10Jefferson County Middle SchoolGrades: 6-8Distance: 2.1 mi
- 5/10Madras High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Madras Elementary
- Middle: Jefferson County Middle
- High: Madras High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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