92499 Ward Creek Ln Myrtle Point, OR 97458
- Land
- 1,215.00 lot acres
Current Use by Public Records
- Land
Property Details for 92499 Ward Creek Ln
- Lot size
- 1,215.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 1,215-acre property in Coos County, Oregon, presents a unique investment opportunity. Located near Myrtle Point (zip code 97458) in the Coastal Mountain Range, this expansive ranch boasts a diverse income stream from timber, cattle grazing, and recreational hunting. The land features cultivated and natural Douglas fir stands of varying ages, ensuring a consistent timber harvest schedule with projected growth rates as high as 10% annually. Approximately 100 beef cows are wintered and calved on the ranch, requiring minimal supplemental feeding, thanks to improved pastures of ryegrass, clover, orchard grass, fescue, and sub-clover. The property's rich biodiversity supports a thriving wildlife population, including a resident herd of approximately 40 Roosevelt elk, as well as blacktail deer, black bear, cougar, and various bird species. Trophy-class elk and deer have been harvested on the property. Existing improvements include two dwellings (suitable for residences or rentals), a historic barn, storage sheds, equipment storage, dog kennels, and cattle working corrals. The ranch offers a blend of privacy and convenience, with easy access to town amenities and a short 46-minute drive to the coastal town of Bandon. This sustainable investment provides a diversified income stream, recreational opportunities, and a unique rural lifestyle. The asking price is $4,750,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Myrtle Point
- County
- Coos
- State
- Oregon
- Longitude
- -124.224
- Latitude
- 43.0345
