$850,000

47071 Sw South Rd is a $850,000 property on a 45.31 acre lot located in Gaston, OR.
A trifecta! Water, water, and water. TVID uninterruptible water rights for 10.2 acres, a spring in use with filters and UV treatment, and a new well rated at 24 gallons a minute! 45.31 acres, 20 cleared ready for a crop, 25 acres wooded with an estimated value of greater than $150,000, and a 2 bedroom house that has been rented the last 13 years. A couple of amazing potential home sites with views that will be the envy of your friends. The potential for irrigation supports a wide array of high income crops. Immediate income from harvesting the timber offers an opportunity to expand the farmable acreage or replant in timber. Rental income or temporary living while building a permanent home with both territorial and mountain vistas. A 30x80 stick built shop with concrete floors and power. The bank of the Tualatin River is leased to the conservation district for a modest amount each year. The well is shared between three properties. Both the house and the large shed have newer roofs, the shed has metal roof installed in 2020. The possibilities are amazing and include a high income producing crop or a ranch or equestrian property. This could be your dream hobby farm as the commute to multiple high end employers is convenient is common in the area.
Interior Features | Septic Tank Shared Well Spring |
Exterior Features | Gravel Water Rights Certification Cleared Divided by Road Merchantable Timber Wooded Barn(s) Fixer Residence Shed(s) River Front Existing Structures - Yes |
Views | Mountain River Territorial |
Land Type | Gentle Sloping Rolling Slope Growing Hay Farm |
Irrigation | River Rights Shared Well Spring Well/Water Right Certificate |
Brokerage Name | Weichert, Realtors on Main Street |
Brokerage Contact | 971-371-3500 |
Property Type | Land |
Property Sub Type | Farm/Forest |
Style | Farm Mixed Use |
HOA Fee | $0.00 |
Taxes | $1,359.00 |
County | washington |
Elementary School | gaston |
Middle School | gaston |
High School | gaston |
Financial Terms | Cash Conventional USDA Loan VA Loan |
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