Historic Mining Property with
08S37 TL-1600 1700 Sumpter, OR 97877
For Sale
$1,500,000
LAND - Sumpter, OR
Lot Size69.07 Acres
Days on Market737
Property Features for 08S37 TL-1600 1700
General Information
Property type
Land
Property subtype
Other
Zoning
REC/ME
Standard status
Active
APN
5823
Lot size
69.07 Acres
Taxes and HOA fees
Tax Description
08S37 TL-1600, 1700
Tax Annual Amount
237
Listing Agency:
Baker City Realty, Inc.
(541) 523-5871
Listed By:
Ashley O'Neal
(541) 403-2794
Added: Jul 24, 2024
Changed: May 19
Last Checked: Jul 30 at 6:06AM
MLS# 24358834
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Investment Insights
Based on property information with market context.
This 69-acre timberland parcel, completely surrounded by national forest, features four historic patented mines: The Great American, The Crescent, The Crown, and The Buckeye, some of which remain open for exploration. Tailing piles throughout the property are known to contain valuable mineral elements including potassium, iron, titanium, phosphorus, gallium, and rubidium, as well as indications of rare earth element (REE) presence. Approximately 30-40 tons of pre-excavated material are stockpiled on-site. A serene pond was added in 2010. The property also features abundant wildlife and rolling timbered hills. The property is zoned REC/ME.
Key Highlights
- Significant Rare Earth Element (REE) potential, estimated at $28 million.
- Features four historic patented mines: The Great American, The Crescent, The Crown, and The Buckeye.
- Approximately 30‑40 tons of pre‑excavated material stockpiled on‑site.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mining land & claim - 69-acre timberland with four patented mines and mineral potential.
Where is this mining land & claim located?
The property is located at 08S37 TL-1600 1700 Sumpter, OR.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Significant Rare Earth Element (REE) potential, estimated at $28 million.; Features four historic patented mines: The Great American, The Crescent, The Crown, and The Buckeye.; Approximately 30‑40 tons of pre‑excavated material stockpiled on‑site.
