81075 82 Hwy Wallowa, OR 97885
- Land
- 3,211 SF
- 198.82 lot acres
Current Use by Public Records
- Land
Property Details for 81075 82 Hwy
- Lot size
- 198.82 lot acres
- Property size
- 3,211 SF
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 198.82-acre ranch in Wallowa County, Oregon, presents a unique opportunity for agricultural investment. The property boasts a highly productive irrigation system, including a 7-tower center pivot and Clearwater ditch subsurface water, yielding approximately 528 tons of hay annually from alfalfa/grass mix and grass hay. A substantial 3,211 square foot manufactured home (3 bedrooms, 3 baths) with a 768 square foot detached garage and numerous outbuildings (barns, sheds, grain bins) provides ample living and storage space. The ranch enjoys Lostine River frontage, offering scenic beauty and potential for expansion. Current income streams include a late-season water rights lease and NRCS Conservation Stewardship Program contracts, generating significant revenue. An additional 60 acres of leased land further enhances the property's productivity, adding approximately 180 tons of grass hay annually. The property's location in the picturesque Wallowa Valley provides access to stunning natural landscapes and recreational opportunities, including hiking, fishing, and winter sports. The area's semi-arid climate, with warm summers and cold winters, is ideal for hay production. The property is situated near the charming towns of Lostine and Wallowa, offering a blend of rural tranquility and convenient access to amenities. This turnkey operation offers a compelling combination of income generation, recreational potential, and breathtaking natural beauty.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wallowa
- County
- Wallowa
- State
- Oregon
- Longitude
- -117.414
- Latitude
- 45.4844
