Criterion Ranch

Madras, Oregon

$29,900,000

32,219± Acres

INTRODUCTION

Nearly 50,000± combined acres of Central Oregon’s finest cattle and hunting land are available in a single, exceptional offering for the first time ever. The Criterion Ranch spans 33,219± deeded acres, accompanied by a 15,200± acre BLM grazing permit. This contiguous expanse offers prime pastureland, abundant water sources, and a proven foundation for running cows. With 600± irrigated acres and a mild climate, the ranch delivers reliable hay production and grazing capacity throughout the season.

Situated between the Deschutes River, Deep Creek, and Trout Creek and framed by panoramic views of the Cascade Mountains, Criterion Ranch is unmatched in beauty and scale. Trophy-class Rocky Mountain elk, mule deer, antelope, upland birds, and waterfowl make this a premier sporting property. The lakes, creeks, and river access support bass, trout, and steelhead fishing. Recreation extends to horseback riding, ATV trails, hiking, and rock hounding.

The ranch headquarters, set along Trout Creek, features irrigated meadows and first-class infrastructure, including a six-bedroom, 5.5-bath owner’s home with a commercial-grade kitchen and grand stone fireplace. Multiple ranch homes, hunting cabins, barns, hay sheds, corrals, and workshops provide excellent operational support. For gatherings and events, the property includes a banquet hall with a bar and dance floor, a historic dance hall, and a private church.

Criterion Ranch represents a rare opportunity to acquire a turnkey operation with substantial income potential from cattle, hay, hunting leases, guided trips, and event hosting—all backed by the reputation of one of Central Oregon’s most productive and scenic landholdings.

QUICK FACTS

• Nearly 50,000± acres (33,219± deeded and 15,200± BLM grazing permit)

• Six-bedroom, 5.5-bath home with a commercialgrade kitchen and stone fireplace

• Multiple ranch homes, hunting cabins, barns, hay sheds, corrals, and workshops

• Banquet hall, historic dance hall, and private church

• Income potential with cattle sales, hay production, hunting leases, guided trips, and event hosting

• 600± acres of irrigated hay fields

• Trophy-class Rocky Mountain elk, mule deer, antelope, upland birds, and waterfowl ; Grizzly and Maupin Hunting Units with 8 LOP elk and 8 LOP deer tags

• Bass, trout, and steelhead in private lakes, creeks, and the Deschutes River

• Horseback riding, ATV trails, hiking, rock hounding, and wildlife photography

• Central Oregon, bordered by the Deschutes River, Deep Creek, and Trout Creek

Criterion Ranch | Madras, Oregon

• 32,219± deeded acres

• 15,200± public land (BLM or State Land) acres

• 47,419± total acres

Criterion Ranch | Madras, Oregon

SCENIC VISTAS

Criterion Ranch boasts some of Central Oregon’s most stunning scenery. From the expansive rangelands, the land offers sweeping views of the majestic Cascade Mountains, including Mount Adams, Mount Hood, Mount Jefferson, the Three Sisters, and Mount Bachelor. The diverse landscape features rolling hills, rugged canyons, striking rimrock formations, and views of the lower Deschutes River, creating a dramatic and ever-changing backdrop. Whether witnessing the morning light paint the mountains or taking in the snow-capped peaks in winter, the ranch’s breathtaking surroundings highlight the unspoiled beauty and tranquility of the Oregon wilderness.

www.fayranches.com | 800.238.8616 | info@fayranches.com

Criterion Ranch | Madras, Oregon

IMPROVEMENTS

The ranch features exceptional infrastructure designed for both functionality and comfort. At its heart is a spacious six-bedroom, 5.5-bath owner’s residence with a commercial-grade stainless-steel kitchen, grand stone fireplace, and elegant living spaces.

Additional housing includes multiple ranch manager and employee homes and remote hunting cabins.

The property is well-equipped for livestock operations, with barns, hay sheds, corrals, and a fully operational workshop.

For recreation and entertainment, the ranch offers a banquet hall with a bar and dance floor, a historic event space, and even a private church.

Extensive fencing and cross-fencing support efficient grazing, while irrigated meadows produce high-quality forage.

With its well-maintained facilities and diverse amenities, the ranch is fully equipped for ranching, hunting, and hosting—making it a turnkey operation for owners seeking both profitability and a premier Western lifestyle.

Main Home

Two Homes

Saloon House

Carriage House

Event Space

Log House

Criterion Ranch | Madras, Oregon

Main Home

Main

Criterion Ranch | Madras, Oregon

RECREATION

Criterion Ranch offers unparalleled recreational opportunities, making it a haven for outdoor enthusiasts. Miles of trails and open rangeland invite horseback riding, ATV adventures, hiking, and wildlife photography, while the rugged canyons and rimrock formations create a stunning backdrop for exploration. For those seeking relaxation, the banquet hall, dance floor, and private event spaces offer ideal settings for gatherings. Whether hunting, fishing, riding, or simply soaking in the breathtaking surroundings, the ranch delivers limitless opportunities for adventure and enjoyment.

FISHING

Criterion Ranch offers exceptional fishing opportunities, with access to prime waters teeming with bass, trout, and steelhead. The Deschutes River, Deep Creek, and Trout Creek provide outstanding spots for fly fishing and spin casting, attracting anglers seeking trophy-sized catches. Whether casting a line in a rushing stream or still waters, the ranch provides diverse and rewarding fishing experiences in unparalleled natural beauty.

Photo not taken on property

The Deschutes River - Photo not taken on property

Photo not taken on property

HUNTING | WILDLIFE

The ranch is a premier hunting destination, renowned for its trophy-class Rocky Mountain elk, mule deer, and antelope. The diverse terrain—featuring rolling rangelands, deep canyons, timbered draws, and water sources like the Deschutes River, Deep Creek, and Trout Creek—creates the perfect habitat for big game and upland birds. Abundant pheasants, quail, chukar, and waterfowl provide excellent wing shooting opportunities. Carefully managed hunting programs, sustainable wildlife practices, and vast private acreage ensure exceptional game quality year after year. Whether pursuing a massive bull elk during the rut or calling in flocks of waterfowl over natural wetlands, this ranch offers unmatched opportunities for both avid hunters and conservation-minded landowners.

Elk - Photo not taken on property

Antelope - Photo not taken on property

INCOME OPPORTUNITY

This property presents diverse income opportunities, making it a highly profitable investment. The ommercial cattle operation generates steady revenue through livestock sales and hay production from 600± acres of irrigated fields. BLM grazing permits provide additional cost-effective forage, maximizing efficiency.

The exceptional hunting and fishing create opportunities for guided hunts, outfitting services, and lease programs, attracting sportsmen seeking trophy elk, mule deer, and world-class fishing.

The event and lodging facilities, including a banquet hall, guest housing, and remote cabins, offer potential for weddings, corporate retreats, and ranch getaways.

With its strategic mix of agriculture, recreation, and hospitality, this ranch is a scenic legacy property and a strong financial asset with multiple revenue streams.

www.fayranches.com | 800.238.8616 | info@fayranches.com

Criterion Ranch | Madras, Oregon

CLIMATE

Madras, Oregon, experiences a semi-arid climate with warm, dry summers and cold, snowy winters, offering plenty of sunshine year-round.

Cliimate charts courtesy of https://www.city-data.com/city/Madras-Oregon.html

Criterion Ranch | Madras, Oregon

LOCATION

Madras, Oregon, sits in the heart of Central Oregon’s high desert, framed by sweeping views of the Cascade Mountains. Known for its sunny climate and wideopen landscapes, this agricultural hub thrives on its rich volcanic soil and irrigation from the Deschutes River. The region blends small-town charm with striking natural beauty, attracting outdoor enthusiasts for hiking, fly fishing, and paragliding. Just outside town, Lake Billy Chinook draws visitors for boating and water sports. With its blend of rugged terrain, farming heritage, and cultural diversity—including the nearby Warm Springs Reservation—Madras offers a compelling slice of the Pacific Northwest’s quieter, wilder side.

www.fayranches.com | 800.238.8616 | info@fayranches.com

AIRPORT SERVICES

Portland International Airport (PDX) is the most convenient option for air travel and is about a 2.5-hour drive from Criterion. With over 20 airlines and 60 terminals, PDX offers both international and domestic flights that are quick and easy. There are almost 30 restaurants, 14 shops, and a theatre to pass the time before you head to your next destination. Robert’s Field/Redmond Municipal Airport (RDM) is also a great alternative and is about an hour south of Criterion. RDM is in the heart of Central Oregon and offers 15 daily commercial flights, affordable parking rates, and short lines.

Criterion Ranch | Madras, Oregon

WATER RIGHTS

Under Oregon law, all water is publicly owned. With some exceptions, cities, farmers, factory owners, and other users must obtain a permit or water right from the Water Resources Department to use water from any source, whether underground or from lakes or streams. Landowners with water flowing past, through, or under their property do not automatically have the right to use that water without the department’s permit. The State of Oregon administers Oregon’s waters under a “prior appropriation” doctrine; first in time, first in the right.

CONSERVATION | STEWARDSHIP

Each of us at Fay loves the land and wants to see it remain a productive agricultural ground and a quality fish and wildlife habitat. Through promoting thoughtful land stewardship, Fay has guided owners toward a legacy of conserving wide-open spaces, enhancing and creating fisheries and wildlife habitats, and implementing sustainable agricultural operations. Fay is proud to say that since our company began in 1992, our clients’ conservation ethics and land-use practices have significantly enhanced our work landscape.

MINERAL RIGHTS

All mineral rights appurtenant to the property and owned by the seller will convey to the buyer at closing. Mineral rights are not guaranteed. It is suggested that the buyer conduct a mineral search with a title company.

Criterion Ranch spans nearly 50,000± contiguous acres in Central Oregon, with 33,219± deeded acres and a 15,200± acre BLM grazing permit. Featuring irrigated meadows, premium pasture, and diverse terrain, it supports top-tier cattle and wildlife. Trophy-class elk and mule deer thrive here. The headquarters includes a sixbedroom owner’s home, banquet hall, multiple residences, and full ranch infrastructure. Framed by rivers and the Cascade Mountains, this rare offering combines production, recreation, and investment value in one of the West’s most iconic landscapes.

Criterion Ranch | Madras, Oregon

$29,900,000 Cash

Conventional Financing 1031 Exchange

This is an exclusive co-listing with Hicks Team - Fay Ranches LLC and NAI Cascade. Please contact Jerry Hicks at (541) 420-0679 | jhicks@fayranches.com, Jesica Hicks at (949) 280-6762 | jesicah@fayranches.com or Walt Ramage at (541) 771-8260 | WRamage@NAICascade.com to schedule a showing. An agent from Hicks Team – Fay Ranches LLC or NAI Cascade must be present at all showings unless otherwise noted or other arrangements are made. To view other properties, fly fishing properties, and sporting ranches that we have listed, please visit our web page at www.fayranches.com.

Offer is subject to errors, omissions, prior sale, change or withdrawal without notice, and approval of purchase by owner. Information regarding land classification, carrying capacities, maps, etc., is intended only as a general guideline and has been provided by the owners and other sources deemed reliable, but the accuracy cannot be guaranteed. Prospective purchasers are encouraged to research the information to their own satisfaction.

| 800.238.8616 | info@fayranches.com

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