0 Cherry Ln, Madras, OR 97741

This exceptional 157-acre property in Madras, Oregon, presents a unique investment opportunity. Located on NE Cherry Lane, this farm boasts 148.9 acres of North Unit Irrigation District (NUID) water rights, ensuring consistent irrigation for optimal crop production. Currently planted in alfalfa, the land primarily consists of Class 3 loam soil, ideal for various agricultural uses. Two strategically placed irrigation ponds near the canal and pump station maximize efficiency. Jefferson County zoning designates the land for Exclusive Farm Use. The property meets the requirements for a "Large Tract" Farm Dwelling, offering several potential homesite locations with stunning Cascade Range views. Situated just 3.8 miles northeast of Madras, this versatile property offers options beyond farming, including irrigated pasture for cattle grazing (existing corrals are included). The asking price is $880,000. This is a rare chance to acquire a productive, well-watered farm with significant development potential in a desirable Oregon location.