REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Thu

Oct

Fri

Oct

Sat

Oct

Angeline Riesterer

MORE Realty

angie@thewayhometeam.com +1(503) 349-5781

Listed by Whitetail Properties Real Estate LLC

$ 5,950,000

Est. payment -/mo

Save

New

22566 Hwy 140 Adel, OR 97620

3 Beds

2 Baths

1,248 SqFt

UPDATED:

Key Details

Property Type Manufactured Home

Sub Type Manufactured Homeon Real Property

Listing Status Active

Purchase Type For Sale

Square Footage 1,248 sqft

Price per Sqft $4,767

MLS Listing ID 565098130

Style Double Wide Manufactured, Manufactured Home

Bedrooms 3

Full Baths 2

Year Built 1979

Annual Tax Amount $9,790

Tax Year 2024

Lot Size 1437.430 Acres

Property Sub-Type Manufactured Homeon Real Property

Property Description

Incredible opportunity to purchase one of the most productive and easiest to manage alfalfa hay and cattle ranches you will ever find. 1,430+ acres that is certified organic and almost entirely income producing. Aprox. 1,300 acres of top priority water rights. Around 900 acres in alfalfa with 5 large pivots and 12 wheel lines. Around 450 acres in flood irrigated grass. Extensive irrigation canals across the entire property so that water is always close by, greatly reducing pumping costs. Local water district supplies water and maintains the canals for only around $12 per acre. Electric company is one of the least expensive providers on the whole west coast. The rich black peat soil is so productive that it continually produces 3 to 5 tons of alfalfa per acre with absolutely no inputs ever required. No fertilizers have ever been used on this ground and it has produced consistantly for 25+ years. The historical records show it to be the most productive ranch in the area! Production records and P&L's available to serious buyers. On an average year the ranch will take 3 to 4 cuttings of the alfalfa, one cutting of the grass hay, and run about 200 pairs of cattle mostly in the grass pastures. Fenced, cross fenced, and the irrigation canals are set up so that you can irrigate one pasture at a time or multiple depending on your preferences. The previous owner did one commercial cut and ran 700 to 800 pairs. This ranch offers so many options to customize how you want to run it. The current owner runs the entire operation themselves! Not a single employee. However, there are custom bailers that would be happy to do it for you and there would still be plenty of profit. Property is subdividable and you can put a home every 80 acres per the county. 70x180 hay barn, 70x140 clear span shop and an older double wide that is livable. Buyers to do their own due diligence. Last two pictures are of the reservoir next to this property. Ranches like this don't come on the market often

Location

State OR

County Lake

Area _310

Zoning A1

Interior

Heating Floor Furnace

Fireplaces Type Wood Burning

Exterior

Waterfront Description Other

View Mountain, Valley

Roof Type Metal

Garage No

Building

Lot Description Level, Pasture

Story 1

Sewer Standard Septic

Water Well

Level or Stories 1

Schools

Elementary Schools Adel

Middle Schools Paisley Schl

High Schools Lakeview

Others

Senior Community No

Acceptable Financing Cash, FarmCreditService, USDALoan

Listing Terms Cash, FarmCreditService, USDALoan

Regional Multiple Listing Service (RMLS)

Angeline Riesterer

Broker

+1(503) 349-5781

Angeline Riesterer

22566 Hwy 140 Adel, OR 97620

Key Details

Location

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

TOUR THIS HOME

22566 Hwy 140