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74822 Lower Diamond Ln, Wallowa
$1,200,000
Save- Price per sqft
- $710.90
- Built in
- 1953
- Property size
- 1,688 sqft
- Lot size
- 125.72 acres
- Property type
- Residential
- Days on market
- 24
Overview
Despite the name, The Werst Ranch is a really nice place. Owned by the Werst Family since approximately 1947, this 125.72± acre ranch offers a rare combination of agriculture, recreation, river frontage, and history in beautiful Wallowa County.The property includes approximately 53.26± acres of flood-irrigated pasture with water rights dating to 1893, 1897, and 1905, plus approximately 55.3± acres of non-irrigated pasture. Approximately 4,220± feet of Wallowa River frontage provides exceptional scenery, wildlife habitat, and fishing for rainbow trout, steelhead, and bull trout. Numerous springs, mature willow and cottonwood trees, and a rich agricultural heritage add to the property's character.Grazing is leased through April 1, 2027, with approximately 70 cow/calf pairs utilizing the property from May 1-July 20 and September 1-October 30. A distant Werst Family relative currently leases the grazing and would like to continue.Improvements include a 1,688± SF 3-bedroom, 2-bath home; 1,344± SF machine shed/shop; smaller workshop; greenhouse; 448± SF RV storage building; antique dairy barn; corrals; and cross-fenced pasture.Located in Minam Hunting Unit 60, the ranch offers excellent elk and whitetail deer hunting. Weaver Pond is directly across the road for additional fishing opportunities. Just over 30 minutes to Joseph and approximately 50 minutes to La Grande.Information is from sources deemed reliable but is not guaranteed. Buyer to independently verify all information.
Details
Interior
- Fireplace
- Yes
- Fireplaces
- 2
- Fireplace description
- Propane, Wood Burning
- Cooling
- No
- Cooling description
- None
- Heating
- Yes
- Heating description
- Baseboard, Forced Air, Wood Stove
Exterior and lot
- Lot size
- 125.72 acres
- Exterior features
- Corral, Covered Deck, Fenced, Outbuilding, Yard
- Lot features
- Irrigated / Irrigation Equipment, Pasture, Stream, Trees, Wooded
- Architectural style
- One Story
- Roof
- Metal
- View
- Yes
- View description
- Mountain, River, Valley
Utilities
- Sewer
- Septic Tank
- Water source
- Private, Well
Parking
- Garage spaces
- 0
- Parking
- Carport, Driveway
- Total parking
- 0
Schools
- High school
- Wallowa
- Middle school
- Wallowa
- Elementary school
- Wallowa
Location
- City
- Wallowa
- County
- Wallowa
- Zoning
- EFU
Taxes and dues
- Annual taxes
- $2,026 (2025)
Location
74822 Lower Diamond Ln, Wallowa, OR 97885

Monthly payment estimate
$6,556 /mo
- Principal and interest
- $6,387
- Property tax (2025)
- $169
- Total
- $6,556
Estimate only, and not an offer of credit. Assumes 20% down ($240,000) 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.








































