Irrigated and fenced, 5 acres on Hwy 126, full McKenzie River frontage, smooth and flat. There is a 1960’s vintage house, which is not in the floodplain.
The LIFE ESTATE means that the current owner (the “seller”) would get to live on the property until she dies or must move out for health reasons. She’s in her mid-80’s right now. She would not currently allow the new owner (you, the “buyer”) to bring on livestock of any kind. The buyer (new owner) would be obliged to pay property taxes ($3,000); insurance ($1200); and any major upkeep. The seller (occupant) would pay utilities.
I am the trustee for the land-owner. The parcel is upstream from Lane Creek, downstream from Deerhorn County Park; exact location will be provided to serious candidates.
You must demonstrate ability to get financing or to pay cash, and be willing to work through the establishment of the life estate.
Contact trustee’s office through AVANTIOREGON. c o m
Continued hay production.
Eventually, after a couple of years, buyer would be able to start using the land differently, but not immediately.
For eventual pasturage, would need a cross-fence to divide the total 10 acres into separate 5-acre pastures.
Sale with life-estate for aged homeowner to live out remainder of days in the home (estimated 2-5 years).
When current homeowner's abilities decline, farm could be put to other uses.
Hay production, with irrigation.
River water, pumped. Large sprinklers in place.
McKenzie River sediments.
Space available for your equipment, travel trailer, mobile shed, etc.
Potable water from the well that supplies the house.
Irrigation available. No known restrictions.
All are welcome as purchasers.
I am the trustee, managing the property on behalf of the resident owner who wants to stay there until she dies.
Homeowner is wary of all strangers, but will gradually get used to others coming on the land to work it.
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