505 SE Rancho Lane, Madras, OR 97741

$665,000
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Property Description

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.

505 SE Rancho Lane | MLS# 220220566

This single family home located at 505 SE Rancho Lane, Madras, OR 97741 is currently listed for sale with an asking price of $665,000. This property was built in 2003 and has 3 bedrooms and 2 full and 1 partial baths with 2641 sq. ft. SE Rancho Lane is located in the Ranchos subdivision. Search Ranchos real estate on kellyherwig.bendpremierrealestate.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Heat Pump
Garage: 2 car attached
Heating: Fireplace(s), Electric, Forced Air, Heat Pump, Propane
Home Style: Traditional
Lot Size: 2.18 Acres
Roof Type: Composition
Stories: 3.0
Taxes: $5,430
Year Built: 2003
Square Feet: 2,641

Feature Descriptions

Exterior: Frame
Sewer: Capping Fill, Septic Tank
Special View Info: Cascade Mountains, Territorial

Local Schools

High School: Madras
Middle School: Jefferson County

Listed By / Shown By

Listed By

Agency Name: Windermere Realty Trust

Shown By

Agent Name: Kelly Herwig | Broker
Agent Phone: (503) 806-9403
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 4,009.06 per month $3,362.60 Principal & Interest $452.50 Property Tax $193.96 Homeowner's Insurance

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