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3 Beds
3 Baths
2,641 sqft

$665,000

505 SE Rancho Lane, Madras OR, 97741

Price per sqft$251.80
Built in2003
Property size2,641 sqft
Property typeResidential
Courtesy of Windermere Realty Trust, Amy M Brown

Overview

Active

Listed May 1, 2026

Updated 3h ago

Buyer opportunity: With an acceptable offer, seller will consider a rate-buydown contribution or price adjustment. Beautifully maintained custom home in quiet & coveted Madras neighborhood on 2+ acres. The 2,641 sq ft main living area features two primary suites, spacious rooms, hardwood and tile flooring, a propane fireplace, living and family rooms, and formal dining. The kitchen offers custom alder cabinetry, abundant storage, and generous workspace. Upstairs is the second primary suite, a loft, and a roomy third bedroom. The walk-out daylight basement adds approx 1,800 sq ft, partially finished with insulation, sheetrock, a plumbed bath, and rough electrical--ready for your vision, multi-generational living, or potential income use. Enjoy mountain views from the private deck with Sunsetter awning, plus native landscaping, an outdoor fireplace, and an oversized 2-car garage. A rare opportunity offering space, privacy, and flexibility! Seller is a licensed Oregon real estate agent.

$4,424/mo

Est. mortgage payment based on a $665,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
220220566

Interior Features

Bedrooms
3
Bathrooms
3
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
2.18 Acres

Other Property Details

Taxes
$5,430
Tax Frequency
Annually
Garage
Yes
View
Yes
55+/Senior Community
No

Courtesy of Windermere Realty Trust, Amy M Brown

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Data last updated 2:41 AM UTC, 11/5/2026

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