This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/28
$2,500,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/28
Property Description
Wood-N-Peg Ranch - 2,170 Deeded Acres + Grazing Allotment Permits - Termo, Lassen County, CA. For the first time in several decades, the Wood-N-Peg Ranch is available for purchase. This historic property presents an unparalleled opportunity for ranchers, investors, and outdoor enthusiasts alike. With a strong foundation for a cow/calf operation and recreational use, this expansive ranch is ready for revitalization and growth. Exceptional Features: Expansive Acreage - 2,170 deeded acres of prime ranch land. Grazing Rights - Includes a BLM Grazing Allotment (Williams Individual Allotment #00406) covering approximately 5,328 acres. Water Resources - 6 wells on the property and a year-round creek. Irrigation Potential - Approximately 1,140 acres suitable for flood irrigation with room for pivots, wheel lines, or ditch irrigation. Rich Agricultural Land - Fertile soil offering strong productivity potential. Structures & Infrastructure - Hay barn, historic wooden barn, brick shop building, and various additional outbuildings requiring renovation. Hunting Paradise - Located in the X5a hunting zone, with potential for landowner tags?. A Value-Add Opportunity. The Wood-N-Peg Ranch presents a true sweat-equity investment. While the improvements require attention, the bones of this ranch offer a solid base for restoration and modernization. With ample water, fertile land, and vast grazing capabilities, the potential for transformation into a high-functioning cattle or hay operation is immense. Whether you're an experienced rancher looking to expand your operation, an investor seeking a prime land opportunity, or an outdoor enthusiast drawn to the rugged beauty and abundant wildlife, this ranch delivers unmatched potential. Don't miss your chance to own a slice of Northern California's ranching heritage. Contact us today to schedule a tour and experience the possibilities of the Wood-N-Peg Ranch firsthand!
Full Property Details
Full Property Details for 705 200 Hwy 395
General
- Price: $2,500,000
- Status: Active
- Type: Lots/Land
- Source: Tahoe_MLS
- MLS ID: 20250621
- Updated: 9/2/2025
- Added to Site: 273 day(s) ago
Location
- Area: OUT OF THE AREA-11O
- County: Lassen
- Driving Directions: Hwy 395 North to Termo-Grasshopper Rd.
Utilities
- Gas: Propane Needed
- Sewer: Septic In
- Water: Well In
Lot Features
- Property View: Meadow
- Lot Size (Acres): 2,170
- Lot Dimensions: 2, 170+/- Acres
- Lot Access: Gravel, Dirt
- Topography: Gentle, Varies
- Zoning: Ag
Disclosures and Reports
- APN: 055-060-007-000
Listed by Far West Real Estate, Morgan Nevin
Get Pre-Approved Today
Schools
Schools serving 705 200 Hwy 395
School District:Lone Pine Unified School District
| Name | Grades | Distance |
|---|---|---|
Lo-Inyo Elementary School 223 East Locust Street, Lone Pine, CA 93545 | K-8 | 33.4 mi |
Lone Pine High School 538 South Main Street, Lone Pine, CA 93545 | 9-12 | 32.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 705 200 Hwy 395
Date
Details
Price
Change
Source
9/01/2025
Price Reduced
$2,500,000
-13.79%
MLS
4/21/2025
Listed
$2,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 705 200 Hwy 395
705 200 Highway 395, Termo, CA 96132 (MLS# 20250621) is a Lots/Land property with a lot size of 2170 acres. 705 200 Highway 395 is currently listed for $2,500,000 and was received on April 21, 2025. Want to learn more about 705 200 Highway 395? Do you have questions about finding other Lots/Land real estate for sale in Termo? You can browse all Termo real estate or contact a Coldwell Banker agent to request more information.
