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

Overview

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.

Listing Details MLS# 103011083

General Property Information

Bedrooms Total
4
Bathrooms Total
2
Bathrooms Full
2
Garage YN
No
Total Living Area SqFt
2190
Main House SqFt
2190
SqFt Source
Assessor
# of Living Units
Yes
Year Built
1954
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
Crops Included YN
No
CC&R's YN
No
FIRPTA YN
No
Sign On Property YN
No

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

Location Tax and Legal

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

Contract Information

Original List Price
5300000
List Price per SqFt
2420.09
Listing Contract Date
2020-03-05

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

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

More Information

Acreage Details

Irrigation Water Rights Acres
289
Listing Office: Rich Holstrom Real Estate LLC
Last Updated: March - 15 - 2025
Information deemed reliable but not guaranteed.