22566 Hwy 140 new Save Request In-Person Tour Request Virtual Tour
Adel,OR 97620
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