81703 82 Hwy Wallowa, OR 97885
This exceptional 255.71-acre ranch in Wallowa County, Oregon, presents a unique opportunity for agricultural pursuits and outdoor recreation. The property boasts a three-story farmhouse offering expansive valley views, complemented by extensive outbuildings crucial for efficient ranch operations. These include two large hay barns, a three-bay machine shed, livestock handling facilities with a covered hydraulic chute and scale, and several additional utility buildings providing ample storage and covered parking. The ranch's irrigation system, drawing from Lostine River water rights, ensures reliable water supply for crop production, facilitated by four center pivot irrigation systems (7, 6, 4, and 3 tower half circles) and 37 acres of flood-irrigated land. Annual hay production averages approximately 540 tons from alfalfa/grass mixes. The property's strategic location allows for the rotation of approximately 75 animals across various fields without impacting crop land. The surrounding area offers a diverse landscape, a four-season climate with warm, dry summers and cold, snowy winters, and abundant recreational opportunities, including hiking, skiing, fishing, and wildlife viewing in the nearby Wallowa Mountains and Eagle Cap Wilderness. The asking price for this remarkable property is $3,000,000. The property includes a detached garage and lean-to, a granary, a shop, and a fuel shed. The home features 2,439 square feet and 5 bedrooms. The property's location is 81703 82 Highway, Wallowa, OR 97885.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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