$795,000
1/53 BD · 4 BA · 2,720 SF · 0.56 AC
373 SE Manzanita Drive
Madras, OR 97741
#220227934 01 / 02
For sale New · today
$799,000
SW Belmont Lane #500
Madras, OR 97741 · Madras
- Baths
- 0
- Acres
- 39
Est. $4,396/mo~67 min to downtown Bend (approx.)
Listing by Mariposa Real Estate Corp. · 541-527-1968
MLS# 220217686 · Active
01
About this home
39 acres of prime opportunity just outside the city's UGB, ideal for investors, developers, or those looking to hold for future growth. The property can be divided into three parcels (buyer to do due diligence), offering strong upside and flexibility for multiple exit strategies. Deschutes Valley Water runs along the west boundary, adding to its development appeal. Enjoy the balance of open space and proximity to town, making this land attractive now and into the future. Opportunities like this with acreage, near UGB positioning, and division potential are increasingly rare. An adjacent 86 acre parcel is also available, creating the option to purchase together for an expanded investment. Please do not disturb the residence on the separate 1 acre parcel. Not included in sale. Seller is related to listing agent.
02
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03
Price history
0 days, no changes| Date | Event | Price |
|---|---|---|
| Oct 14, 2026 | Listed for sale | $799,000 |
From the MLS: original list price and latest price change. 0 days on market.
04
Drive times
~67 min to downtown Bend- Smith Rock State Park~34 min · 23.2 mi
- Redmond Airport (RDM)~46 min · 33.4 mi
- Sisters~53 min · 39.6 mi
- St. Charles Bend~65 min · 50.4 mi
- Downtown Bend~67 min · 52.1 mi
- Old Mill District~68 min · 53.2 mi
- Mt. Bachelor~85 min · 67.7 mi
- Sunriver Village~87 min · 69.8 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
- Type
- Residential Lots
- Lot
- 39 AC · 1,698,840 SF
- HOA
- None reported
- Taxes
- $678/yr
- Subdivision
- Madras
- County
- Jefferson
- Days on market
- 0
- MLS #
- 220217686
- Utilities
- Electricity Available
06
Location & schools
Madras44.6260° N · 121.1484° W
Directions- Elementary
- Buff 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
$4,396/mo$4,396/mo
$639,200 loan · 30 yr fixed · 6.5%
- Principal & interest
- $4,040
- Property tax (listing)
- $56
- Home insurance (est.)
- $300
20% · $159,800
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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#220225584Listing information provided by Oregon Data Share. Data last updated Oct 15, 2026, 12:31 PM.
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