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$5,500,000
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Property Description
Incredible opportunity to purchase one of the most productive and easiest to manage alfalfa hay and cattle ranches you will ever find. 1,430+ acres that is certified organic and almost entirely income producing. Aprox. 1,300 acres of top priority water rights. Around 900 acres in alfalfa with 5 large pivots and 12 wheel lines. Around 450 acres in flood irrigated grass. Extensive irrigation canals across the entire property 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 company is one of the least expensive providers 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 absolutely no inputs ever required. No fertilizers have ever been used on this ground and it has produced consistantly for 25+ years. The historical records show it to be the most productive ranch in the area! Production records and P&L's available to serious buyers. On an average year the ranch will take 3 to 4 cuttings of the alfalfa, one cutting of the grass hay, and run about 200 pairs of cattle mostly in the grass pastures. Fenced, cross fenced, and the irrigation canals are set up so that you can irrigate one pasture at a time or multiple depending on your preferences. The previous owner did one commercial cut and ran 700 to 800 pairs. This ranch offers so many options to customize how you want to run it. The current owner runs the entire operation themselves! Not a single employee. However, there are custom bailers that would be happy to do it for you and there would still be plenty of profit. Property is subdividable and you can put a home every 80 acres per the county. 70x180 hay barn, 70x140 clear span shop and an older double wide that is livable. Buyers to do their own due diligence. Last two pictures are of the reservoir next to this property. Ranches like this don't come on the market often
Full Property Details
Full Property Details for 22566 Hwy 140
General
- Sold For: $5,500,000
- Taxes: $9,790 (2024)
- Status: Sold
- Type: Manufactured Home
- Source: RWMLS
- MLS ID: 565098130
- Added to Site: 183 day(s) ago
Interior
- Fireplace(s): Wood Burning
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: Main
Parking
- Parking Features: Driveway
Location
- County: Lake
- Driving Directions: Hwy 140 to the property
School Information
- Midd School District: Paisley Schl
- Elementary School: Adel
- Middle School: Paisley Schl
- High School: Lakeview
Community
- Community Name: 310 - Lake County
Heating & Cooling
- Heating Type: Floor Furnace
- Heating Fuel: Electricity
Utilities
- Sewer: Standard Septic
- Water: Well
- Well: Yes
Structural Information
- Property Detached: Yes
- Architectural Style: Double Wide Manufactured, Manufactured Home
- Roof: Metal
- Stories/Levels: 1
- Square Feet: 1,248
- Year Built: 1979
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 1,437.43
- Lot Size (Sq. Ft.): 62,614,450
- Lot Size: 200+ Acres
- Frontage: Paved
- Lot Features: Level, Pasture
Water Features
- Water Front: Yes
- Water Front Name: irrigation canals
- Water Front Desc.: Other
Financial Considerations
- Tax Amount: $9,790.79
- Tax Year: 2024
- Terms: Cash, Farm Credit Service, USDA Loan
Disclosures and Reports
- Disclosures/Reports: Disclosure
- Property ID: 18151
Listed by Whitetail Properties Real Estate LLC (541) 915-9912, Ryan Kelly (541) 915-9912
Sold by Non Rmls Broker (503) 236-7657, OR and WA Non Rmls
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Price & Sales History for 22566 Hwy 140
Date
Details
Price
Change
Source
2/17/2026
Sold
$5,500,000
-7.56%
MLS
10/08/2025
Listed
$5,950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
22566 Hwy 140, Adel, OR 97620 (MLS# 565098130) is a Manufactured Home property that was sold at $5,500,000 on February 17, 2026. Want to learn more about 22566 Hwy 140? Do you have questions about finding other Manufactured Home real estate for sale in Adel? You can browse all Adel real estate or contact a Coldwell Banker agent to request more information.
