0 HIGHWAY 97, Madras, OR 97741 | MLS #348049982 | Berkshire Hathaway HomeServices Real Estate Professionals
 
Listing provided courtesy of Hicks Team - Fay Ranches, LLC- MLS# 348049982MLS Provider

0 HIGHWAY 97Madras, OR 97741

Vacant Land · 51087.00 Acres
$48,560,000 Active

0 HIGHWAY 97 Overview

Time on Site:
459 days
Visits:
92

Established on July 8, 1879, Cross Keys Ranch has a rich history as a post office, stage stop, and premier cattle operation. Spanning over 51,087?? deeded acres with an additional 15,000?? acres of BLM grazing permits, the ranch encompasses an impressive 66,000?? acres of diverse and productive land. For nearly 150 years, Cross Keys Ranch has been a highly successful commercial cattle operation, with an ideal mix of fertile valley meadows, 2,438.4?? acres of irrigated hay ground, and expansive grazing rangelands. The operation is rated for 1,200'1,500 mother cows, ensuring long-term sustainability and profitability. With a perimeter of over 100 miles, the breathtaking landscapes ensure no two days look the same. From the snow-capped Cascade Mountain Range to the Deschutes River Canyon, high plains rangelands, creeks, rolling hills, and deep canyons, the scenery is unparalleled. Beyond ranching, Cross Keys Ranch is a multi-dimensional property offering big game and bird hunting, fishing, hiking, rock hounding, ATV and horseback riding, and more. The ranch is fully equipped with a variety of living spaces, including an elegant owner's home featuring a gourmet stainless steel kitchen, four-bedroom suites'including a primary suite'multiple guest rooms, 2.5 baths, and a grand fireplace room. Additional accommodations include multiple manager and ranch-hand residences, remote hunting cabins, a historic 1800s-style dance hall, and a full-scale rodeo arena with a banquet and party hall. For outdoor enthusiasts, Cross Keys Ranch is a sportsman's paradise, boasting trophy bull elk, mule deer, antelope, and Aoudad sheep, along with upland birds, waterfowl, bass, trout, and steelhead fishing. A 20?? acre private lake further enhances the property's recreational appeal.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

0 HIGHWAY 97 Facts & Features

  • Type Vacant Land
  • Lot 51087.00 Acres

Details

General

Association/HOA

  • Association Amenities: Electricity,Recreation Facilities,Utilities

School Information

  • Elementary School: Madras
  • Middle Or Junior School: Jefferson Co
  • High School: Madras

Business Information

  • Current Use: Agricultural,Farm,Recreational

Location/Region

  • Country: US
  • County Or Parish: Jefferson
  • MLS Area Major: 340 - Jefferson County

Tax Information

  • Tax Annual Amount: 65155.41
  • Tax Year: 2024

General Information

  • Listing Terms: Call Listing Agent,Cash,Conventional
  • Parcel Number: 217
  • Possible Use: Cattle,Growing Hay,Horses,Pasture
  • Property Sub Type: Farm
  • Property Type: Land
  • Zoning: EFU

Interior

Exterior

Lot Information

  • Additional Parcels Description: See Docs
  • Irrigation Source: Circle,Spring,Well
  • Irrigation Water Rights Acres: 2438.0
  • Lot Features: Divided by Road,Hilly,Irrigated/Irrigation Equipment,Pasture,Trees
  • Lot Size Acres: 51087.0
  • Lot Size Square Feet: 2225349720
  • Road Surface Type: Dirt,Road Splits Property

Waterfront/View

  • Water Body Name: Lake
  • Waterfront Features: Creek,Lake

General Information

  • Fencing: Barbed Wire,Cross Fenced,Perimeter
  • Other Structures: Arena,Barn(s),Fenced,Residence,Stable(s),Workshop
  • Utilities: CableConnected,IrrigationWaterAvailable,IrrigationWell,SewerConnected,Spring,WaterConnected

0 HIGHWAY 97 Neighborhood

Community

97741 (Metolius) Demographics

40
Median Age
36
Population Density (per sq. mile)
32%
College Educated
$52,400
Estimated Median Income
2,586
Estimated Total Home Owners
1,844
Estimated Total Renters
58% / 42%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

0 HIGHWAY 97 Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

0 HIGHWAY 97 Market Data

Based on the last 30 days in this zip code

$464,993
Average List Price
$257
Average Price per Square Foot
3
Properties Sold
114
Average Days on Market
175
Properties for Sale
Calculations provided by Reliance Network

0 HIGHWAY 97 History

Date Event Value Agent
4/27/2026Source: Regional MLS Price Reduction
$48,560,000 -7.1%
3/27/2025Source: Regional MLS Added to Database
March 27, 2025