N Bank LaneCoquille, OR97423

$2,749,000
527.83 acres
Elementary School: Coquille Valley Elementary
Middle School: Check with District
High School: Coquille Junior Senior High
Zoning: EFU
1062 days on market

VestorFilter™

Recent price drop$250,000
Price per acre$5.2K/ac
Time on market1062 days

Property Description

Highly productive irrigated pastures with great water resources characterize this 520+ acres located on the coquille river near the Oregon Coast. Based on the current operator's experience, this ranch is about as drought proof as you can find. The Coquille River Farmland consists of approximately 529+- acres of farm ground that is Certified Organic. The property has 413 acres of water rights and is flood irrigated with the use of technologically advanced tidal gates. Irrigation is quite easy and takes minimal labor. The flood irrigation combined with deep soils and quality grazing practices make this some of the most productive summer grazing in the Pacific Northwest, If not the world. The property is currently used for organic cattle production and stocks yearling cattle for six to eight months. In addition to being a productive cattle ranch operation, the ranch has great opportunities for outdoor recreation. World-class waterfowl hunting + steelhead and salmon fishing.

Financial Data

Date Sold2022-03-01
Sold Price$2,640,000
Price ChangeDropped $250,000 on 03/01/2022
Total $250,000 drop
Original Price$2,999,000
Current Price$2,749,000
Property Taxes$16,822

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Home Facts

StatusClosed
MLS ID220123360