Listing Courtesy of: Stacey McGhehey - Coldwell Banker Professional
503-538-0468
$1,199,000
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25110 SW RED PRAIRIE RD Sheridan, OR 97378
Mobile Home
Residence
2
Beds
2
Baths
...
Bed/Bath
1,296
Sq. Ft.
Property Activity
Time on Site
days
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90 ACRES AGRICULTURAL INVESTMENT FARM INCOME NEWER HOMEDiscover an exceptional opportunity to own 90 acres of agricultural land spanning Yamhill and Polk counties in Oregon's Willamette Valley. Located just half a mile from Highway 18, this property combines productive farm use, an established... agricultural lease, comfortable country living, and long-term ownership potential.Approximately 80 acres are currently leased for Christmas tree production through 2028, providing an existing agricultural income stream. The remaining approximately 10 acres encompass the homesite, beautiful oak grove, and access roads, offering room to enjoy the peaceful rural setting and territorial views.A 2023 Skyline Athena manufactured home offers 1,296 square feet of comfortable, single-level living with 2 bedrooms, 2 bathrooms, an open kitchen with island and solid-surface countertops, and a spacious primary suite. Additional improvements include a 24×25 steel garage/shop with two 10-foot roll-up doors, pump house, private well, septic system, and gravel driveway.Approximately 41 acres are located within a designated Opportunity Zone, offering potential advantages for qualifying investors. EFU zoning and farm tax deferral are additional considerations for agricultural ownership. Approved for connection to the Buell-Red Prairie Water District.Convenient access to Sheridan, McMinnville, Highways 18 and 22, and Oregon wine country.Whether you're seeking an agricultural investment, an established tree farm lease, or expansive rural acreage with a move-in-ready home, this property offers a compelling combination of land, improvements, and opportunity. Buyer to verify permitted uses, lease terms, tax benefits, and development possibilities.
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MLS#
515882240
Property Type
Mobile Home
Status
Bedrooms
2
Bathrooms
2 Full
Year Built
2023
Square Feet
1,296
sq. ft
Lot Size
90
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