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Property profile & analytics
OFF-MARKET
Commercial real estate

2490 Deschutes Dr Madras, OR 97741

135.67 ac lot
Property ID
US71-1035373
Property summary
AI-generated overview

Exceptional opportunity to own a 135-acre irrigated farm in Madras, Oregon, featuring a beautiful 2700 sq ft home. The energy-efficient split-level residence boasts three bedrooms, three bathrooms, and breathtaking Cascade Mountain views. The kitchen is equipped with stainless steel appliances, maple cabinets, and quartz countertops. An open floor plan and numerous windows maximize natural light and showcase the stunning scenery. The home incorporates efficient in-floor radiant heat, a mini-split heat pump, and a solarium for year-round comfort. The absence of forced air heating minimizes dust and allergens. Ample storage and closets are found throughout. A den/office with a Murphy bed offers potential for a fourth bedroom. The daylight basement provides separation between the primary bedroom and the other two bedrooms. A bonus room with sliding glass doors leads to the laundry area and solarium. Multiple decks offer expansive entertaining space. The property includes 113 acres of water rights via NUID, distributed by wheel lines. Located at 2490 NW Deschutes Dr, Madras, OR 97741, this property is zoned EFU and presents a unique opportunity for farming or leasing for income. The asking price is $1,299,000.

Property profile
Verified
Property type Commercial real estate
Lot 135.67 ac (5,909,785 SF)
UPID US71-1035373
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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