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Listed by AFM Real Estate
-
Est. payment /mo
178.82 Acres Lot
New
COLE LN Unknown, OR 97435
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Key Details
Property Type Vacant Land
Sub Type Forest
Listing Status Active
Purchase Type For Sale
MLS Listing ID 242933403
Annual Tax Amount $1,978
Tax Year 2024
Lot Size 178.820 Acres
Property Sub-Type Forest
Property Description
BID SALE - LEGACY INVESTMENT OPPORTUNITYRare opportunity to acquire approximately 178 acres of generational, family-owned timberland located just outside the town of Drain in Douglas County, Oregon. This well-managed tree farm offers a compelling mix of long-term investment value, near-term income potential, and natural beauty. Set in a quiet rural area with both public and private road access, the property also includes a network of well-built and well-maintained interior roads, allowing for efficient access throughout.The land features primarily Douglas-fir on productive Site Class III soils. Staggered age classes provide a reliable flow of future harvests: approximately 106 acres were planted in 2006, following subsoiling believed to have enhanced early growth and stand productivity. An additional ±38 acres were planted in 2012, with roughly 35 acres dating back to 1990. The mix of stand ages sets the stage for sustainable, phased timber harvests over the short, mid, and long term. Roughly 90% of the acreage is suitable for ground-based logging, minimizing operational costs and maximizing harvesting flexibility.Beyond its forestry value, the property also includes frontage on Elk Creek, offering scenic natural features and supporting a wide range of wildlife, from deer and bear to birds and small game. The landscape and location make it a candidate for a large tract forest dwelling or recreational retreat, subject to appropriate approvals. Whether you're an investor, conservation-minded buyer, or looking to secure a legacy property with timber income potential, this tract presents a rare and valuable opportunity.Buyers are responsible for conducting their own due diligence into all aspects of the property, including zoning, land use, and potential building opportunities. This property is being offered for sale via sealed bid, please contact listing agent with any questions. Bid considerations to begin at $1.1 million.
Location
State OR
County Douglas
Area _256
Zoning FF
Exterior
Utilities Available ElectricityAvailable
Waterfront Description Creek
View Creek Stream, Territorial, Trees Woods
Garage No
Building
Lot Description Gated, Merchantable Timber, Private Road, Reproduced Timber
Schools
Elementary Schools Other
Middle Schools Other
High Schools Other
Others
Acceptable Financing Cash
Listing Terms Cash
