Bill Hoffman Subdivision #1, Madras, OR 97741
FOR SALE
7.27 ACRES

Bill Hoffman Subdivision #1
Madras, OR 97741

    $690,000

    Est. Mortgage $3,989/mo*

    $690,000

    Est. Mortgage $3,989/mo*
    (on 7.27 acres)

    Local Information

    Map showing home location
    © Google
    -- mins to
    Commute Destination

    Description

    Fantastic Development Opportunity in Madras!
    Don't miss this rare chance to own 7.27 acres of R1-zoned land, perfect for residential development. Whether you're a builder, investor, or dreaming of a spacious homesite with long-term potential, this property offers endless possibilities. Conveniently located with easy access to town, shopping, and schools. Bring your offer.

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    13 days ago

    Home Details for Bill Hoffman Subdivision #1

    Active Status

    MLS Status: Active

    Interior Features

    Appliances & Utilities
    Utilities: None
    Fireplace & Spa
    No Fireplace
    View
    Has a ViewView: Neighborhood

    Exterior Features

    Parking & Garage
    No Garage
    Water & Sewer
    Sewer: None
    Farm & Range
    Does Not Include Irrigation Water Rights

    Days on Market

    Cumulative Days on Market: 8Days on Market: 13

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Residential Lots, Land
    Building
    No Additional Parcels
    Property Information
    Parcel Number: 20880

    Price & Status

    Price
    List Price: $690,000

    Location

    Direction & Address
    City: MadrasCommunity: Bill Hoffman
    School Information
    Elementary School: Madras ElementaryJr High / Middle School: Jefferson County MiddleHigh School: Madras High

    Agent Information

    Listing Agent
    Listing ID: 220222715

    Community

    Not Senior Community

    HOA

    No HOA

    Lot Information

    Lot Area: 7.27 Acres

    Listing Info

    Special Conditions: Standard

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 220222715
    Last check for updates: about 15 hours ago
    Listing courtesy of Century 21 Northstar, (503) 297-1014
    Source: Oregon Datashare, MLS#220222715
    Also Listed on Oregon Datashare.

    Market trends in Madras

    Last updated May 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    Sale-to-List Price
    Price per sq ft
    Available listings
    81
    10
    MoM

    Price History for Bill Hoffman Subdivision #1

    DatePriceEventSource
    06/04/2026$690,000Listed For SaleOregon Datashare #220222715
    01/01/2026$500,000ListingRemovedOregon Datashare #220205492
    07/09/2025$500,000Listed For SaleOregon Datashare #220205492

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    New Listings near Bill Hoffman Subdivision #1

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    Comparable Sales for Bill Hoffman Subdivision #1

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    0.33
    Lot/Land
    $92,000
    01/30/26
    -
    -
    0.50
    Lot/Land
    $59,999
    12/16/25
    -
    -
    0.67
    Lot/Land
    $22,000
    03/27/26
    -
    -
    0.88
    Lot/Land
    $85,000
    05/22/26
    -
    -
    1.22
    Lot/Land
    $100,000
    01/15/26
    -
    -
    0.96
    Lot/Land
    $96,000
    06/27/25
    -
    -
    1.19
    Lot/Land
    $65,000
    12/19/25
    -
    -
    1.27
    Lot/Land
    $46,670
    06/17/25
    -
    -
    1.28
    Lot/Land
    $46,665
    06/17/25
    -
    -

    Nearby homes

    Get a sense of prices in the area by checking nearby homes.
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    Assigned Schools

    These are the assigned schools for Bill Hoffman Subdivision #1.
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    What Locals Say about Madras

    At least 44 Trulia users voted on each feature.
    • 82 % Say it's dog friendly

    • 82 % Say parking is easy

    • 73 % Say yards are well-kept

    • 71 % Say kids play outside

    • 69 % Say car is needed

    • 67 % Say it's walkable to grocery stores

    • 65 % Say it's walkable to restaurants

    • 60 % Say it's quiet

    • 52 % Say there are sidewalks

    • 51 % Say there's holiday spirit

    • 49 % Say neighbors are friendly

    • 47 % Say there's wildlife

    • 47 % Say people would walk alone at night

    • 45 % Say they plan to stay for at least 5 years

    • 32 % Say streets are well-lit

    • 24 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • Peshawna
      "Nice small town, beautiful views, community events, good schools, sports community, many out door activities such as rafting, camping, skiing, hiking, boating, paddle boarding, hunting, fishing. Outdoorsman paradise! "
    • Kelli D
      "It’s a decent neighborhood in a fairly indecent town! Some parts of town are absolutely beautiful and the rest Are Filled with drug addicts. Would not suggest leaving cars unlocked ovaluables outside. "
    • Brayan G.
      "nothing. there is nothing that makes this neighborhood fun or exciting in any way imaginable. there should be noone moving into this area. it is already run down. "
    • Kacief24
      "mother nature & the best sunsets its small and green. the drinking water is amazing. all the hikes to go on. "
    • Max S.
      "Barely two lanes worth of road with rock road liners. It’s fairly frustrating for the people that live here. "
    • Erik L.
      "It’s semi diverse and you get the feel of a small town with a suburban feel. There’s a church, grocery store and amazing views of the landscape and town just minutes away. It’s also near the skate park and a popular short trail that leads to an amazing view of the town."
    • Kyle
      "I've lived in this neighborhood for the past three years. It's a semi quiet area with lots of foot traffic. Neighbors generally keep to themselves. My only complaints are that the street has no lights and passersbys have a tendency to loiter in the park late at night. It can feel like your property isn't secure. "
    • Erik L.
      "I’ve lived here for the majority of my life. It has what you would expect of a small town. The people are friendly and nice. "
    • Beverly M.
      "Peaceful, less stress, close to work, good medical care, dentists, theater coming in fall 2010"

    LGBTQ Local Legal Protections

    Century 21 Northstar, (503) 297-1014
    © 2026 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Zillow Inc. 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. This content has last been updated on 2026-06-16 08:50:43 PDT
    Bill Hoffman Subdivision #1, Madras, OR 97741 is a lot/land. This property is currently available for sale and was listed by Oregon Datashare on Jun 4, 2026. The MLS # for this home is MLS# 220222715.