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Listed by PAUL TERJESON • KELLER WILLIAMS REALTY -ALBANY • Cell: 541-740-7752
$9,650,000
Est. payment /mo
3 Beds
1 Bath
1,180 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,180 sqft
Price per Sqft $8,177
MLS Listing ID 831757
Bedrooms 3
Full Baths 1
Year Built 1900
Annual Tax Amount $8,530
Tax Year 2024
Lot Size 445.000 Acres
Acres 445.0
Property Sub-Type Residence
Property Description
This 445-acre Willamette Riverfront Farm offers 381 tillable acres with top-tier soils and double-covered water rights, making it ideal for blueberries, hazelnuts, row crops, or any appropriate high-value agriculture. Strategically located in the path of progress, a significant portion of this farm presents a generational opportunity for absorption into the City of Salem Urban Growth Boundary. This is a rare opportunity to purchase a productive farm with the possibility to expand future generational wealth. This unique farm comes in two separate blocks that have distinctly different opportunities. Both have top tier soils and excellent water rights.The Southern Block: Row Crop and Caneberries This block has excellent river bottom soils and water rights ideal for expanding into blueberries and hazelnuts. The soil in this section is predominantly Chehalis silty clay loam and Cloquato silt loam and is covered by Bureau water rights and Ground Water Rights. The mainlines are tied together providing great irrigation options for any farming activities. Drain tile has been installed in the appropriate places to ensure uniform production. The southern block includes 122 acres planted with high-quality, award-winning caneberries and marion berries. The farm is renowned for its caneberry production and quality. It is well maintained and operates as a turnkey caneberry production business with an experienced, long-term crew. This blocks strategic location near an existing quarry, plus high demand for aggregates make this an attractive prospect for future royalty income and/or direct quarry development.The Northern Block: Expansion and Future Development The soil in this block is dominated by Woodburn and Amity silt loam which is ideal for almost any high value crop grown in the Willamette Valley. This part of the property is covered with Bureau and Ground Water Rights, providing great long term water security for any future plantings. Additionally, this northern block has been extensively drain tiled. The vast majority of this block is outside the floodplain and is in the path of progress. The City of Salem has indicated desire to extend services and grow north of the current urban growth boundary. This presents a rare opportunity to the new owner interested in a long hold and willing to wait to unlock the future development potential this incredible property has to offer.
Location
State OR
County Polk
Area 60 Northwest Salem
Interior
Inclusions See assoc docs
Exterior
Parking Features None
Garage No
Building
New Construction No
Schools
Middle Schools Walker
High Schools West Salem
Others
Acceptable Financing Cash, Conventional, Federal Land Bank
Listing Terms Cash, Conventional, Federal Land Bank
Virtual Tour https://drive.google.com/file/d/1t_mttqVWgCJQHgSELbjbLwuZsB-2QEbM/view?usp=drive_link
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