22566 Highway 140, Adel, OR 97620

Local realty services provided by:Better Homes and Gardens Real Estate Equinox
22566 Highway 140,Adel, OR 97620
$5,950,000
  • 3 Beds
  • 2 Baths
  • 1,248 sq. ft.
  • Farm
  • Active
Listed by:ryan kelly
Office:whitetail properties real esta
MLS#:220210443
Source:OR_SOMLS

Price summary

  • Price:$5,950,000
  • Price per sq. ft.:$4,767.63

About this home

Incredible opportunity to purchase one of the most productive and easy to manage alfalfa hay and cattle ranches you will ever find. 1,437+ acres that is certified organic and almost entirely income producing. Aprox. 1,300 acres of top priority water rights. Around 900 acres in alfalfa under wheel lines and pivots, Around 400 acres in flood irrigated grass. Extensive irrigation canals so that water is always close by, greatly reducing pumping costs. Local water district supplies water and maintains the canals for only around $12 per acre. Electric is one of the least expensive on the whole west coast. The rich black peat soil is so productive that it continually produces 3 to 5 tons of alfalfa per acre with no inputs required. No fertilizers used and it has produced consistantly for 25+ years. The historical records show it is the most productive ranch in the area! Subdividable. Trophy deer/antelope. Buyer to do their due dilignece. Last two pictures are of the adjacent reservoir

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Home facts

  • Year built:1979
  • Listing ID #:220210443
  • Added:1 day(s) ago
  • Updated:October 10, 2025 at 03:52 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,248 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Unit(s)
  • Heating:Baseboard, Electric

Structure and exterior

  • Roof:Metal
  • Year built:1979
  • Building area:1,248 sq. ft.
  • Lot area:1437.43 Acres

Utilities

  • Water:Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$5,950,000
  • Price per sq. ft.:$4,767.63
  • Tax amount:$9,791 (2024)