Price cut $25K
$300,000
1/58 BD · 3 BA · 3,632 SF · 0.26 AC
575 SW Madison Street
Madras, OR 97741
#220223781 01 / 19
For sale Price cut $25K on Sep 9
$299,900
485 SE Ponderosa Drive
Madras, OR 97741 · The Pines at Madras
- Beds
- 5
- Baths
- 2
- Sq ft
- 1,883
- Acres
- 0.18
- Built
- 2005
- $/SF
- $159
Est. $1,881/mo~68 min to downtown Bend (approx.)
Listing by Keller Williams Realty Central Oregon · 541-585-3760
MLS# 220228049 · Active
01
About this home
Tucked into the heart of Central Oregon, in the quiet neighborhood of the Pines of Madras, sits this 5 bed, 2 bath move-in ready home. Open-concept great room w/cozy corner gas-burning fireplace & mantle, where an abundance of natural light pours in to create an easy, welcoming flow. Open kitchen ftrs central island w/brkfst bar seating, & addtnl eating area -- ideal for entertaining family & friends on the lower level. Primary suite on the main floor, complete w/shower + tub combo & spacious walk-in closet. 4 addtnl bedrooms offer an abundance of flexible living space -- perfect for guests, a home office, hobbies, or growing family needs. Dedicated laundry room adds everyday convenience & extra storage. Unwind on the covered back patio, perfect for entertaining or relaxing. Storage shed out back offers additional space for tools or storage, & smart-home features throughout add peace of mind + modern convenience. Quick access to Hwy 97 & close to schools + walking trails.
02
Ask about this home
AI
Ask about this home
AI answers are off right now. Text Cody the question and get a straight answer, usually within the hour.
AI answer from 541 Home Sales using listing data, not from the MLS. It can be wrong. Verify anything that matters with Cody before you rely on it.
03
Price history
Cut $25K| Date | Event | Price |
|---|---|---|
| Sep 9, 2026 | Price cut−$25,000 (7.7%) | $299,900 |
| Sep 1, 2026 | Listed for sale | $324,900 |
From the MLS: original list price and latest price change. 35 days on market.
04
Drive times
~68 min to downtown Bend- Smith Rock State Park~35 min · 23.3 mi
- Redmond Airport (RDM)~46 min · 33.5 mi
- Sisters~54 min · 40.8 mi
- St. Charles Bend~66 min · 50.8 mi
- Downtown Bend~68 min · 52.5 mi
- Old Mill District~69 min · 53.6 mi
- Mt. Bachelor~86 min · 68.7 mi
- Sunriver Village~88 min · 70.3 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 2005- Type
- Single Family Residence
- Year built
- 2005
- Garage
- 2 spaces
- Lot
- 0.18 AC · 7,841 SF
- Price / SF
- $159
- HOA
- $27/mo
- Taxes
- $2,705/yr
- Subdivision
- The Pines at Madras
- County
- Jefferson
- Days on market
- 35
- MLS #
- 220228049
- Interior
- Breakfast Bar · Ceiling Fan(s) · Kitchen Island · Open Floorplan · Pantry · Walk-In Closet(s) · Solid Surface Counters · Linen Closet · Shower/Tub Combo
- Appliances
- Cooktop · Dishwasher · Microwave · Oven · Range · Refrigerator · Water Heater
- Flooring
- Carpet · Laminate
- Heating
- Forced Air · Natural Gas · Solar
- Cooling
- Central Air
- Fireplace
- Gas · Great Room · Living Room
- Parking
- Asphalt · Attached · Driveway · Garage Door Opener · On Street
- View
- Neighborhood
- Lot
- Landscaped · Fenced
- Construction
- Frame
- Roof
- Composition
- Community
- Trail(s) · Short Term Rentals Not Allowed
06
Location & schools
The Pines at Madras44.6262° N · 121.1195° 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
$1,881/mo$1,881/mo
$239,920 loan · 30 yr fixed · 6.5%
- Principal & interest
- $1,516
- Property tax (listing)
- $225
- Home insurance (est.)
- $112
- HOA
- $27
20% · $59,980
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.
More
Similar homes in Madras
#220223781
$300,000
1/52.91 AC · Industrial
1197 NW Highway 26
Madras, OR 97741
#220222596
Price cut $100K
$299,000
1/51.15 AC · Commercial
00504 Hwy 97 and 26 (South Madras)
Madras, OR 97741
#220138701
Price cut $54K
$295,999
1/53 BD · 2 BA · 1,416 SF · 0.14 AC
577 SE Sugar Pine Way
Madras, OR 97741
#220221701Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 10:30 AM.
© 2025 Oregon Data Share. All rights reserved. The content relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Oregon Data Share. Listings held by brokerage firms other than 541 Home Sales are marked with the Oregon Data Share logo, and detailed information about these properties includes the name of the listing firm and the email address or phone number provided by the listing participant. Some properties which appear for sale on this website may subsequently have sold or may no longer be available. 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.