The Landreth Ranch is
located approximately twelve miles west of Vale, Oregon,
twenty five miles west of Ontario and about eighty five
miles west of Boise, Idaho.
Headquarters are situated along the Little Valley
Road approximately one mile north, off state highway 20.
The ranch lends itself to an inside livestock
operation that can be run by a new owner and/or leased
to an area neighbor.
With proper labor and management the property is
capable of producing a modest return: uncommon in most
lifestyle investments.
Location, topography, water and ground cover
attract area wildlife.
Overall improvements are in excellent condition.
Perimeter fencing is newly constructed and/or has
been upgraded using existing and new materials.
A portion of the deeded lands borders BLM thus
offering recreational access to several thousand acres
“out the gate”.
ACREAGE
Approximately 789 total deeded acres
180
irrigated – 596 dry range and river bottom – 4 farmstead
PRODUCTION – BEST USE
Depending upon ones abilities and ambition, the Landreth
lends itself most favorably to a livestock operation.
This could be a yearlong cow/calf unit or stocker
set up. The
ranch can readily be leased out should a new Buyer not
want to deal with the physical day to day labor and
risks inherent with livestock investment.
Current ownership leases pasture and sells hay.
Depending upon ones efforts and experience the
ranch could handle approximately 100 – 125 animal units
year long or 250 +/- stockers on a seasonal basis.
The ranching industry is also known to offer
legitimate tax advantages for qualified individuals.
WILDLIFE – FISHERY – WATER
The
Landreth Ranch is home to, but not limited to, pheasant,
quail, chukkar, Morning Dove, water fowl, Mule deer and
Largemouth Bass.
Current ownership has limited most hunting on the
premises; fishing has pretty much been a catch and
release with the exception for grand kids.
One of the two bass ponds covers approximately 2
surface acres and also attracts ducks and geese
especially during the nesting season and fall migration.
The Malheur River flows through the property for
over one- half mile and is also attracts water fowl and
other area critters.
In addition to the river there are four live
water sources that originate and/or flow through the
property providing year long open water to area big game
and ranch livestock. One will be impressed with the
variety of wildlife found on the ranch.
IMPROVEMENTS
Overall improvements are quality and in excellent
condition.
The home, completely renovated 2004/2005, consists of
approximately 2,400 square feet and includes 3 bedrooms,
full bath –3/4 bath and 1/2 bath, living room
w/fireplace, family room w/wood stove, open kitchen with
granite counters and breakfast bar, dining room, entry,
attached garage and spacious deck wrapped against half
of the home.
72’X36’ shop and machine shed, 64’ X 24’ horse
barn and machine cover.
Asphalt drive, parking storage bays.
Approximately 60% of the perimeter fencing is
newly constructed with the remaining perimeter fence
upgraded and reinforced at the same time.
A new well and filtration system was drilled and
installed in 2005.
IRRIGATION
Vale
Oregon Irrigation District provides irrigation water for
approximately 180 acres.
The allotment calls for 379.05 acre feet.
2009 water cost approximately $30/acre and is
subject to change on a year to year basis. Three wheel
lines cover approximately 40 acres with the balance
being flood via gated pipe and open ditches.
A new pumping station, 30 HP, three phase power
and bubbler will be installed the fall of 2009 and
included in the purchase price.
2009 TAXES
$1,912
PURCHASE PRICE
$1,500,000
cash
at closing
