100+ acres of Willamette Valley farmland with attractive owner financing available. The property consists of tillable acreage that is currently leased and planted to grass seed, providing immediate agricultural income potential. The property is dry farmed and soils include Bashaw Silty Clay and Pengra Silt Loam (USDA Web Soil Survey). The property is improved with a residence, shop, and barn; however, the seller wishes to retain a life estate in the home and approximately three acres surrounding the residence, including the shop and barn. This unique arrangement allows a buyer to acquire an income producing agricultural asset while guaranteeing a tenant for the residence. Owner financing is available with 30% to 50% down and the balance amortized over 15 years, creating an excellent opportunity for investors, farmers, or those looking to expand an existing operation with favorable financing terms. Whether you're seeking a long-term investment or productive addition to your farming portfolio, this Willamette Valley property offers exceptional value and income potential.
| MLS # | 110848152 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 31 |
| Listing Provided By | Berkshire Hathaway HomeServices NW Real Estate | Brett Veatch |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 2,112 |
| Story(s) | 2 |
| Zoning | EFU |
| Acreage | 122.20 |
| Property View | Territorial |
| Heating | Other |
|---|---|
| Heating Yn | No |
| Cooling Yn | No |
| Roof | Metal |
|---|---|
| Foundation Details | Concrete Perimeter |
| Lot Features | Level |
| Attached Garage Yn | No |
|---|---|
| Parking Features | Driveway |
| Property | 1744 |
|---|
| State | OR |
|---|---|
| County | Linn |
| City | Lebanon |
| Zip Code | 97355 |
| School District | Lebanon |
| Elementary School | Greenacres |
| High School | Lebanon |
| Listing VS Median (in 97355) | |
Price: $950,000 low | high Med: $433,775 sqft: 2,112 low | high Med: 1,564 $ / sqft: $450 low | high Med: $278 On site: 31 low | high Med: 41.5 | |
| State | OR |
|---|---|
| County | Linn |
| City | Lebanon |
| Zip Code | 97355 |
| School District | Lebanon |
| Elementary School | Greenacres |
| High School | Lebanon |
| Listing VS Median (in 97355) | |
Price: $950,000 low | high Med: $433,775 sqft: 2,112 low | high Med: 1,564 $ / sqft: $450 low | high Med: $278 On site: 31 low | high Med: 41.5 | |