81075 82 HwyWallowa, OR 97885

  • Land
  • 3,211 SF
For Sale
$2,750,000 View listing

Property Details for 81075 82 Hwy

Lot size
198.82 AC
Property size (Sq ft)
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.

Location Insight

City
Wallowa
County
Wallowa
State
Oregon
Latitude
45.4844
Longitude
-117.414

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