Price cut $10K
$339,900
1/53 BD · 1 BA · 1,299 SF · 0.22 AC
496 SW 2nd Street
Madras, OR 97741
#220222232 01 / 33
Pending Price cut $60K on Jul 18
$339,900
2355 NE Market Street
Madras, OR 97741 · Vibberts
- Beds
- 3
- Baths
- 1
- Sq ft
- 1,578
- Acres
- 0.59
- Built
- 1938
- $/SF
- $215
Est. $1,962/mo~83 min to downtown Bend (approx.)
Listing by Keller Williams Realty Central Oregon · 541-585-3760
MLS# 220195190 · Pending
01
About this home
Don't miss this one in the heart of Central Oregon's grasslands. Situated in the fertile valley floor, this updated home sits on a 1/2acre+ parcel in the center of historic Gateway. 4 miles from the Trout Creek Rec Area - bird hunting paradise! Home, shop & well appointed garden areas create an inviting family homestead. Home is well maintained w/wood look flooring in main living spaces, bright interiors w/plenty of windows. Kitchen offers a modern update w/white cabinets & new countertops, & plenty of storage. Double oven & all appliances included w/adjoining mud/laundry room. Well sized bedrooms & primary bath w/step-in shower. Upstairs is a huge bonus room w/additional bedroom - perfect private office or play space. Full basement for hobbies, wine cave, or conditioned storage! Outdoor living w/firepit & pergola covered eating area. Massive 30x40 shop w/rollup doors for RV/Boat parking or build out as a full shop, addtnl storage building, covered parking & manicured lawn area too
02
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03
Price history
Cut $60K| Date | Event | Price |
|---|---|---|
| Jul 18, 2026 | Price cut−$60,000 (15.0%) | $339,900 |
| Jan 12, 2026 | Listed for sale | $399,900 |
From the MLS: original list price and latest price change. 267 days on market.
04
Drive times
~83 min to downtown Bend- Smith Rock State Park~50 min · 36.9 mi
- Redmond Airport (RDM)~61 min · 47 mi
- Sisters~68 min · 52.7 mi
- St. Charles Bend~81 min · 64.4 mi
- Downtown Bend~83 min · 66.1 mi
- Old Mill District~84 min · 67.2 mi
- Mt. Bachelor~100 min · 81.4 mi
- Sunriver Village~103 min · 83.8 mi
Approx. Straight-line distance × 1.3 for roads, at in-town and highway speeds. No traffic, snow, or Hwy 97 construction. Ask Cody about real commute times.
05
Facts & features
Built 1938- Type
- Single Family Residence
- Year built
- 1938
- Stories
- 3
- Lot
- 0.59 AC · 25,700 SF
- Price / SF
- $215
- HOA
- None reported
- Taxes
- $1,393/yr
- Subdivision
- Vibberts
- County
- Jefferson
- Days on market
- 267
- MLS #
- 220195190
- Interior
- Built-in Features · Ceiling Fan(s) · Laminate Counters · Spa/Hot Tub · Linen Closet · Fiberglass Stall Shower
- Appliances
- Dishwasher · Double Oven · Dryer · Microwave · Oven · Range · Range Hood · Refrigerator · Washer · Water Heater
- Flooring
- Laminate · Tile · Vinyl
- Heating
- Oil
- Cooling
- Other
- Exterior
- Courtyard · Fire Pit · RV Hookup · Spa/Hot Tub · RV Dump
- Parking
- Alley Access · Detached Carport · Driveway · Gravel · No Garage · On Street · RV Access/Parking · Storage
- View
- Ridge · Territorial · Neighborhood
- Lot
- Garden · Landscaped · Level · Sprinklers In Rear · Sprinkler Timer(s)
- Construction
- Block · Concrete
- Roof
- Metal
06
Location & schools
Vibberts44.7757° N · 121.0850° W
Directions- Elementary
- Madras Elementary
- Middle
- Jefferson County Middle
- High
- Madras High
Assignments come from the listing broker and boundaries change. Verify with the school district before you count on them.
07
Monthly payment
$1,962/mo$1,962/mo
$271,920 loan · 30 yr fixed · 6.5%
- Principal & interest
- $1,719
- Property tax (listing)
- $116
- Home insurance (est.)
- $127
20% · $67,980
6.500%
Loan term
Estimate only. Taxes use the listing's reported amount when there is one; insurance is approximated. A lender can give you an exact number.
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#220224426Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 4:31 PM.
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