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500 Martin Road, Cave Junction, OR 97523

$5,000,000
Property Type: Farm Bedrooms: 4 Baths: 2 Square Footage: 2,190 Lot Size (sq. ft.): 17,187,034 Status: Closed
Current Price: $5,000,000 List Date: 3/05/2020 Last Modified: 3/15/2025

Description

Turn Key Hemp Farm consisting of 394 acres Ag land, Illinois River Frontage & end of the road privacy. One of a kind property boasts 289 acres primary water rights dating back to 1900, 47 supplemental rights and 150 AF storage. 7 legal parcels zoned EFU with additional homesite possibilities. 2019 improvements to the property include; 50'x200' Butler building w/20' sides and pallet racking, Remote Irrigation controller, monitor and moisture sensors, 2 hemp harvesters, 2 ranch mules, Combine, Seeder, nutrient injection system and renovation to the 2190sf 4 bed/2 bath ranch home. To much to list. (2) 75hp pumps, underground irrigation, wheel lines, sprinkler and drip system included. 1200 amps of power on property w/ electrical upgrades at pump house and outbuildings. Owner carry terms available to qualified buyer. Appointment Only. All information deemed reliable, but not guaranteed. All information should be independently verified.

Supplements: ********

More Information MLS# 103011083

Location, Tax, and Legal

Cross Street: Rockydale Parcel Number: R331036 Lot Size Acres: 394.56 Lot Size Square Feet: 17187034 Additional Parcels YN: Yes Additional Parcels Description: See Remarks

Contract Information

List Price per SqFt: 2420.09 Original List Price: 5300000 Current Price: $5,000,000 Status: Closed Sold Price: $5,000,000 Listing Contract Date: 2020-03-05

General Property Information

Bathrooms Half: 0 Garage YN: No Total Living Area SqFt: 2190 Main House SqFt: 2190 SqFt Source: Assessor # of Living Units: 1 Accessory Dwelling Unit YN: No Rented YN: No New Construction YN: No Elementary School: Evergreen Elem Middle Or Junior School: Lorna Byrne Middle High School: Illinois Valley High Zoning: EFU Tax Annual Amount: 3941 Tax Year: 19 Irrigation Water Rights YN: Yes CC&R's YN: No Crops Included YN: No FIRPTA YN: No Sign On Property YN: No Bedrooms Total: 4 Bathrooms Total: 2 Bathrooms Full: 2 Year Built: 1954

Remarks and Miscellaneous

Public Remarks: Turn Key Hemp Farm consisting of 394 acres Ag land, Illinois River Frontage & end of the road privacy. One of a kind property boasts 289 acres primary water rights dating back to 1900, 47 supplemental rights and 150 AF storage. 7 legal parcels zoned EFU with additional homesite possibilities. 2019 improvements to the property include; 50'x200' Butler building w/20' sides and pallet racking, Remote Irrigation controller, monitor and moisture sensors, 2 hemp harvesters, 2 ranch mules, Combine, Seeder, nutrient injection system and renovation to the 2190sf 4 bed/2 bath ranch home. To much to list. (2) 75hp pumps, underground irrigation, wheel lines, sprinkler and drip system included. 1200 amps of power on property w/ electrical upgrades at pump house and outbuildings. Owner carry terms available to qualified buyer. Appointment Only. All information deemed reliable, but not guaranteed. All information should be independently verified. Directions: Approx. 30 minutes from Grants Pass, take Hwy 199 just past Cave Junction, turn left just after the bridge on Rockydale Road, travel approx. 1 mile then left on Martin Road, (Martin Road sign is not easily seen), property is at the end of Martin Rd.

Status Change Information

Sold Price per SqFt: 2283.11 Close Date: 2020-11-20 Under Contract Date: 2020-08-24 Status Change Timestamp: 2020-11-20 Close Price: 5000000

Acreage Details

Irrigation Water Rights Acres: 289

Current Use

Agricultural: 1

Listing Terms

Cash: 1

Flood

Unknown: 1

Heating

Electric: 1 Pellet Stove: 1

Inclusions/Exclusions

Inclusions: on file Exclusions: Combine, storage bins

Irrigation Distribution

Mainline: 1 Pump(s): 1 Wheel Line(s): 1

Irrigation Source

Pond: 1 River: 1

Lot Features

Level: 1

Other Structures

Workshop: 1

Road Frontage Type

Other: 1

Road Surface Type

Paved: 1

Waterfront Features

Creek: 1 Pond: 1

Utilities

Electricity Connected: 1

Water Source

Well: 1

Public Survey

Public Survey Section: 0

Documents on File

Aerial Photos: 1 Equipment List: 1 Legal Description: 1 Photos: 1 Plat Maps: 1

Special Listing Conditions

Standard: 1

Water Rights Type

See Remarks: 1

Location Tax and Legal

Street Number: 500 Street Name: Martin Street Suffix: Road County: Josephine State: OR Postal Code: 97523 Subdivision Name: Martin Addition

Property Features

Heating: Electric; Pellet Stove Current Use: Agricultural Flood: Unknown Irrigation Distribution: Mainline; Pump(s); Wheel Line(s) Irrigation Source: Pond; River Utilities: Electricity Connected Lot Features: Level Other Structures: Workshop Road Frontage Type: Other Road Surface Type: Paved Water Rights Type: See Remarks Waterfront Features: Creek; Pond Water Source: Well Documents on File: Aerial Photos; Equipment List; Legal Description; Plat Maps Listing Terms: Cash Special Listing Conditions: Standard
Listing Office: Rich Holstrom Real Estate LLC
Last Updated: March - 15 - 2025
Information deemed reliable but not guaranteed.