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
Overview
Description
Listing Details MLS# 220210443
General Property Information
- Bedrooms Total
- 3
- Bathrooms Total
- 2
- Bathrooms Full
- 2
- Garage YN
- No
- Total Living Area SqFt
- 1248
- Main House SqFt
- 1248
- SqFt Source
- Assessor
- Year Built
- 1979
- 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
- Crops Included YN
- No
- CC&R's YN
- No
- Horse Property YN
- Yes
- FIRPTA YN
- No
- Sign On Property YN
- Yes
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
Location Tax and Legal
- Street Number
- 22566
- Street Name
- Highway 140
- County
- Lake
- State
- OR
- Postal Code
- 97620
- Subdivision Name
- N/A
Contract Information
- Original List Price
- 5950000
- List Price per SqFt
- 4767.63
- Listing Contract Date
- 2025-09-17
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
- Close Date
- 2026-02-18
- Under Contract Date
- 2025-10-25
- Status Change Timestamp
- 2026-03-19
- Close Price
- 5500000
- Sold Price per SqFt
- 4407.05
More Information
Acreage Details
- Leased Acres
- 400
- Pasture Acres
- 1300
Irrigation Source
- Irrigation Comments
- Top priority rights
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
Listing Office:
Whitetail Properties Real Esta
Last Updated: March - 19 - 2026
Information deemed reliable but not guaranteed.