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Foothills Irrigated Farm - North OfferingMedford, OR 97504Price: $2,749,000

  • Price: $2,749,000
  • Est. Mortgage of $/month
  • 147 Days on Market
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Federal 30-year interest rate: 5.22% last updated on Aug 11, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,749,000List Price
  • 302Acreage
  • ActiveStatus

3103 East Vilas Road

An irrigated land offering of this size and scale has rarely been available for purchase in Southern Oregon. The North Parcel of the Foothills Irrigated Farm boasts 302.22 acres, with a total of 287.00 acres of water rights from Medford Irrigation District and Rogue River Valley Irrigation District. The area is known as a developing wine and niche agricultural community with a charming small-town culture and a climate that includes a distinct four seasons, mild winter, and long growing season.

With approximately 300 tillable/farmable acres, combined with water rights, the opportunities are great for your future or expanding agribusiness. The overall size and utilitarian shape lends well to efficient farming, which helps to maximize the production potential. The land is suitable for a variety of agricultural commodities with primarily Class III soils. Medford City water services the shop as well as multiple fill stations throughout the property. The property also benefits from three-phase power in multiple locations, four 30,000-gallon propane tanks (3-owned by seller, 1-leased), fertigation tanks, and irrigation filtration/control station.

The farm headquarters building is situated overlooking the northwest section of the property. With a total of 4,880 square feet, the building features an office space, employee break room and dining hall, bathroom and shower, storage room, and 3,200 square feet of shop and equipment storage. There are also multiple other outbuildings including a barn and other general purpose buildings for your storage and farming needs.

The property is comprised of two legal parcels zoned Exclusive Farm Use. Due to overall acreage of this property, the possibility exists for one and possibly two homesites (Buyer to complete due diligence). The current zoning also allows for the construction of agricultural support buildings for equipment, product storage, farm office, and more (Buyer to complete due diligence).

Medford is centrally located on Interstate 5 in-between Grants Pass and Ashland, and is in a region known for its beautiful rural estates, vineyards, and productive agricultural lands. The area is known as a developing wine region and niche agricultural community with a strong small-town culture. The climate is highly sought after with four distinct seasons including mild winters and long growing seasons. The area is also an outdoor recreational paradise, with access to thousands of acres of public lands, phenomenal hiking, great camping and RV'ing, horseback riding, and Crater Lake National Park

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Listed by Chris Martin and Ashley Lacer of Land and Wildlife ~ AK,ID,OR,WA

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