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Irrigon, OR — photograph 1

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Irrigon, OR — photograph 1
329 Acres

Irrigon

$3,850,000

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ActiveMLS®: 24469277Listing held by another brokerage, marked RMLS
Lot size
329 acres
Property type
Land
Days on market
648

Overview

The Bellinger Irrigated Farm is an exceptional opportunity to acquire highly sought after Columbia Basin farmland. The farm is 329 +/- contiguous acres consisting of seven irrigation pivots, a modest home (1620 sq.ft.), multiple outbuildings for storage and machine shops, and two 60’ x 100’ hay/equipment storage open-sided metal buildings. Located in the heart of the Columbia Basin, the center of high value crop production, the Bellinger Irrigated Farm is an opportunity to own one of the regions fastest appreciating assets. Agriculture has been deeply rooted in the area for several generations. The Basin is widely known for being a leader in agriculture with new irrigation techniques developed long ago, particularly circle sprinklers. Hot days, cool summer nights, well-drained soil, and good quality water are the integral factors for an ideal growing season. Water - West Extension Irrigation District water rights - 261+/- acres. The farm has an additional 27+/- acres of surface supplemental water rights. The delivery system consists of two separate Point of Diversion pump stations (both 50hp pumps). There is also a pond (pump station) with 25 hp pump supplying supplemental rights. The entire system is connected and provides adequate PSI for a variety of crops. The farm is currently growing multi-year hay crops as well as single season high yielding row crops.Long-term Water Investment: In an ever-changing world, water needs have consistently been top priority. Water availability has always been directly corresponded with operational success in Ag production. But given today's new local industries, those water needs and opportunities are more diverse than ever. Inflation & Capital Hedge: Irrigated farm acres have proven to be a low-volatility, tangible asset investment that protects not only corporate purchasing power but can also diversify paper-heavy portfolios. Farm investment provides even more layers of protection to an uncertain political landscape

Details

Interior

Cooling
No
Heating
No

Exterior and lot

Lot size
329 acres
Lot features
Irrigated / Irrigation Equipment, Pond, Private Road, Trees
View
Yes
View description
Creek / Stream, Pond, Trees / Woods

Schools

High school
Irrigon
Middle school
Irrigon
Elementary school
Irrigon

Location

City
Irrigon
County
Morrow
Zoning
EFU

Taxes and dues

Annual taxes
$8,072 (2024)

Monthly payment estimate

$21,164 /mo

20% · $770,000
7.00%
Principal and interest
$20,491
Property tax (2024)
$673
Total
$21,164

Estimate only, and not an offer of credit. Assumes 20% down ($770,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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