- Status:
- Active
- MLS #:
- 220208077
- Listed By:
- E Lamar Yoder - eXp Realty, LLC
Sponsoring Broker: Dan Cook, Berkshire Hathaway HomeServices Northwest Real Estate
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!
Highlights
- Land
- 2.51 Acre Lot
- 445 days on Market
-
- Acres
- 2.51
-
- Lot Features
- Sloped, Level
-
- View
- Territorial
-
- Utilities
- Cable Available, Electricity Available, Natural Gas Available, Phone Available
-
- Water
- Public
-
- County
- Jefferson
-
- City
- Madras
-
- Neighborhood
- Madras
-
- Zip Code
- 97741
-
- High School
- Madras High
-
- Middle School
- Jefferson County Middle
-
- Elementary School
- Madras Elementary
-
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Similar Listings
Look Throughout Madras
There are currently 120 properties available in Madras, with 0 under contract to close soon. Properties in the city have an average sale price of $356,984 and typically spend 103 days on the market before being sold.
Want to compare this property to others available for sale in the area? Use our search to find exactly what you want among our 2,000,000+ listings and to see incredible photos to show you what is possible.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
How do I schedule a tour of SW Fairgrounds Rd #Lot 00200?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to SW Fairgrounds Rd #Lot 00200.
They know lands in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about SW Fairgrounds Rd #Lot 00200?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $350,000. We can talk through recent upgrades, potential seller motivation, how this land compares to others in Madras, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for SW Fairgrounds Rd #Lot 00200?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for SW Fairgrounds Rd #Lot 00200 at around $2,087. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy SW Fairgrounds Rd #Lot 00200?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Jefferson County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for SW Fairgrounds Rd #Lot 00200?
In most cases, yes. Whether SW Fairgrounds Rd #Lot 00200 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Madras's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on SW Fairgrounds Rd #Lot 00200?
We can handle that for you. Our preferred local agent specializes in lands in Madras and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
How long has this property been on the market?
SW Fairgrounds Rd #Lot 00200 was listed on August 21, 2025, which means it's been on the market for 445 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
What is the lot size of this property?
SW Fairgrounds Rd #Lot 00200 sits on a 2.51-acre lot, which is 109,336 square feet.
What schools are assigned to this property?
Based on MLS info, this home is zoned for:
- Elementary: Madras Elementary
- Middle: Jefferson County Middle
- High: Madras High
Want to see how these schools compare? Check out our Jefferson County School Guide to see ratings, reviews, and more for the schools in the area.
What are the property taxes for SW Fairgrounds Rd #Lot 00200?
The most recent public record shows annual property taxes for SW Fairgrounds Rd #Lot 00200 were approximately $1,146. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is SW Fairgrounds Rd #Lot 00200 still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than {{BROKERAGE}} are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Copyright ©2026 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved.
Last Updated: November 09, 2026 at 09:03PM | Source: Oregon Data Share | MLS#: 220208077