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22566 Highway 140, Adel, OR 97620

$5,500,000
Property Type: Farm Bedrooms: 3 Baths: 2 Square Footage: 1,248 Lot Size (sq. ft.): 62,614,451 Status: Closed
Current Price: $5,500,000 List Date: 10/10/2025 Last Modified: 3/19/2026

Description

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

Supplements: ********

More Information MLS# 220210443

Location, Tax, and Legal

Cross Street: 140 Section: Not Applicable Parcel Number: 18151 Lot Size Acres: 1437.43 Lot Size Square Feet: 62614451 Additional Parcels YN: Yes Additional Parcels Description: 18157, 19531, 18144

Contract Information

List Price per SqFt: 4767.63 Original List Price: 5950000 Current Price: $5,500,000 Status: Closed Sold Price: $5,500,000 Listing Contract Date: 2025-09-17

General Property Information

Bathrooms Half: 0 Garage YN: No Total Living Area SqFt: 1248 Main House SqFt: 1248 SqFt Source: Assessor Accessory Dwelling Unit YN: No Rented YN: No New Construction YN: No Elementary School: Paisley School Middle Or Junior School: North Lake School High School: North Lake School Zoning: A1 Tax Annual Amount: 9790.79 Tax Year: 2024 Potential Tax Liability YN: Yes Assessment YN: Yes Irrigation Water Rights YN: Yes CC&R's YN: No Horse Property YN: Yes Crops Included YN: No FIRPTA YN: No Sign On Property YN: Yes Bedrooms Total: 3 Bathrooms Total: 2 Bathrooms Full: 2 Year Built: 1979

Remarks and Miscellaneous

Public Remarks: 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 Directions: Hwy 140 E just past Adel Assessment Comments: Farm

Status Change Information

Sold Price per SqFt: 4407.05 Close Date: 2026-02-18 Under Contract Date: 2025-10-25 Status Change Timestamp: 2026-03-19 Close Price: 5500000

Acreage Details

Dividable Property: 1 Livestock Allowed: 1 Leased Acres: 400 Pasture Acres: 1300

Architectural Style

Other: 1

Body Type

Double Wide: 1

Current Use

Agricultural: 1 Grazing: 1 Pasture: 1 Ranch: 1

Cooling

Wall/Window Unit(s): 1

Easements

Irrigation: 1 Utilities: 1

Flooring

Vinyl: 1

Fencing

Barbed Wire: 1 Cross Fenced: 1 Perimeter: 1

Listing Terms

Cash: 1 USDA Loan: 1

Foundation Details

Other: 1

Heating

Baseboard: 1 Electric: 1

Irrigation Distribution

Center Pivot: 1 Pump(s): 1 Sub-Irrigated: 1 Wheel Line(s): 1

Levels

One: 1

Irrigation Source

District: 1 Irrigation Comments: Top priority rights

Lot Features

Fenced: 1 Level: 1 Pasture: 1

Roof

Metal: 1

Rooms

Eating Area: 1 Kitchen: 1 Laundry: 1 Living Room: 1 Primary Bedroom: 1

Other Structures

Barn(s): 1 Storage: 1

Structure Type

Manufactured House: 1

Usage Details

Production Comments: 3 to 5 tons of organic alfalfa per acre Acreage Crops/Usage 1: 900 Crops/Usage 1: Alfalfa hay Acreage Crops/Usage 2: 400 Crops/Usage 2: Grass hay / grazing

View

Lake: 1 Mountain(s): 1 Panoramic: 1

Parking Features

Driveway: 1

Power Production

None: 1

Sewer

Septic Tank: 1

Utilities

Electricity Connected: 1

Water Source

Well: 1

Documents on File

Aerial Photos: 1 Photos: 1

Special Listing Conditions

Standard: 1

Water Rights Type

Permitted: 1 See Remarks: 1

Location Tax and Legal

Street Number: 22566 Street Name: Highway 140 County: Lake State: OR Postal Code: 97620 Subdivision Name: N/A

Property Features

Architectural Style: Other Body Type: Double Wide Cooling: Wall/Window Unit(s) Flooring: Vinyl Foundation Details: Other Heating: Baseboard; Electric Levels: One Roof: Metal Rooms: Eating Area; Kitchen; Laundry; Living Room; Primary Bedroom Acreage Details: Dividable Property; Livestock Allowed Current Use: Agricultural; Grazing; Pasture; Ranch Easements: Irrigation; Utilities Fencing: Barbed Wire; Cross Fenced; Perimeter Irrigation Distribution: Center Pivot; Pump(s); Sub-Irrigated; Wheel Line(s) Irrigation Source: District Utilities: Electricity Connected Lot Features: Fenced; Level; Pasture Other Structures: Barn(s); Storage Parking Features: Driveway Structure Type: Manufactured House View: Lake; Mountain(s); Panoramic Water Rights Type: Permitted; See Remarks Power Production: None Sewer: Septic Tank Water Source: Well Documents on File: Aerial Photos Listing Terms: Cash; USDA Loan Special Listing Conditions: Standard
Listing Office: Whitetail Properties Real Esta
Last Updated: March - 19 - 2026
Information deemed reliable but not guaranteed.