Bought with Treewishes Company
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Warthen RD Elmira, OR 97437
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Key Details
Sold Price $685,000
Property Type Vacant Land
Sub Type Forest
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 24380591
Sold Date 06/20/24
Annual Tax Amount $6,797
Tax Year 2023
Lot Size 179.180 Acres
Property Description
Surrounded by farms and forest land, this ~179 acres has desirable qualities that both the farmer and timber investor are looking for! With well-stocked 5 to 6-year-old Douglas-fir on ~146 acres and another ~26 acres of DF planted this year, spanning across gently sloping east and southeast slopes at an elevation ranging between 460' to 720'. The 360 views on a clear day are breathtaking, including Fern Ridge Reservoir, Spencer Butte, and the snowcapped peaks of the Sisters and Mt. Jefferson. This property has all the prerequisites for an incredible vineyard and winery with mainly Bellpine soils, similar to other successful grape growers in this area. Less than a 5-minute drive to Veneta with shopping and restaurants and within walking distance from the famous Oregon Country Fair. The high value soils of this EFU zoned land require passing the income test to apply for residential use. See county farm dwellings handout for more details. Shown by appointment only to qualified Buyers with a Broker present. No Seller financing. Financing options are available through specialized farm/forest lenders.
Location
State OR
County Lane
Area _236
Zoning E40
Exterior
Waterfront Yes
Waterfront Description Seasonal
View Lake, Mountain, Valley
Garage No
Building
Lot Description Gated, Private, Reproduced Timber, Stream, Trees, Wooded
Schools
Elementary Schools Elmira
Middle Schools Fern Ridge
High Schools Elmira
Others
Acceptable Financing Cash, FarmCreditService
Listing Terms Cash, FarmCreditService
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