SW Fairgrounds Rd #Lot 00200, Madras, OR 97741 | MLS #220208077 | Berkshire Hathaway HomeServices Northwest Real Estate
 
Listing provided courtesy of eXp Realty, LLC- MLS# 220208077MLS ProviderContact Information: 503-915-8271

SW Fairgrounds Rd #Lot 00200Madras, OR 97741

Vacant Land · 2.51 Acres
$350,000 Active

SW Fairgrounds Rd #Lot 00200 Overview

Time on Site:
312 days
Visits:
5

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!

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SW Fairgrounds Rd #Lot 00200 Facts & Features

  • Type Vacant Land
  • Lot 2.51 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • Elementary School: Madras Elementary
  • Middle Or Junior School: Jefferson County Middle
  • High School: Madras High

Business Information

  • Current Use: Pasture,Vacant

Location/Region

  • County Or Parish: Jefferson
  • Subdivision Name: Madras

Tax Information

  • Tax Annual Amount: 1145.68
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Private Financing Available
  • Parcel Number: 1872
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • Senior Community: false
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Total: 0

Unit Information

  • Unit Number: Lot 00200

Exterior

Lot Information

  • Additional Parcels: false
  • Irrigation Source: None
  • Irrigation Water Rights: false
  • Lot Features: Level,Sloped
  • Lot Size Acres: 2.51
  • Lot Size Area: 2.51
  • Lot Size Square Feet: 109335.6
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • View: Territorial

General Information

  • Fencing: Barbed Wire
  • Road Frontage Type: Shared Access
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Fiber Optics Available,Natural Gas Available,Phone Available

SW Fairgrounds Rd #Lot 00200 Neighborhood

Community

97741 (Metolius) Demographics

40
Median Age
36
Population Density (per sq. mile)
32%
College Educated
$52,400
Estimated Median Income
2,586
Estimated Total Home Owners
1,844
Estimated Total Renters
58% / 42%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

SW Fairgrounds Rd #Lot 00200 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

SW Fairgrounds Rd #Lot 00200 Market Data

Based on the last 30 days in this zip code

$464,993
Average List Price
$257
Average Price per Square Foot
19
Properties Sold
114
Average Days on Market
175
Properties for Sale
Calculations provided by Reliance Network

SW Fairgrounds Rd #Lot 00200 History

Date Event Value Agent
8/21/2025Source: Oregon Datashare Added to Database
August 21, 2025