$5,950,000
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22566 Highway 140 Adel, OR 97620
3 Beds
2 Baths
1,248 SqFt
Key Details
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Square Footage 1,248 sqft
Price per Sqft $4,407
MLS Listing ID 220210443
Sold Date 02/18/26
Style Other
Bedrooms 3
Full Baths 2
Year Built 1979
Annual Tax Amount $9,790
Lot Size 1437.430 Acres
Acres 1437.43
Lot Dimensions 1437.43
Property Description
Incredible opportunity to purchase one of the most productive and easy to manage alfalfa hay and cattle ranches you will ever find. 1,437+ acres that is certified organic and almost entirely income producing. Aprox. 1,300 acres of top priority water rights. Around 900 acres in alfalfa under wheel lines and pivots, Around 400 acres in flood irrigated grass. Extensive irrigation canals 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 is one of the least expensive 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 no inputs required. No fertilizers used and it has produced consistantly for 25+ years. The historical records show it is the most productive ranch in the area! Subdividable. Trophy deer/antelope. Buyer to do their due dilignece. Last two pictures are of the adjacent reservoir
Location
State OR
County Lake
Direction Hwy 140 E just past Adel
Interior
Heating Baseboard, Electric
Cooling Wall/Window Unit(s)
Exterior
Parking Features Driveway
Roof Type Metal
Garage No
Building
Lot Description Fenced, Level, Pasture
Foundation Other
Water Well
Architectural Style Other
Level or Stories One
New Construction No
Schools
High Schools North Lake School
Others
Senior Community No
Tax ID 18151
Acceptable Financing Cash, USDA Loan
Listing Terms Cash, USDA Loan
Special Listing Condition Standard
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