Life Estate on 5 acres in Walterville – McKenzier River


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

Owner’s Short Term Vision for the Property

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.

Owner’s Long Term Vision for the Property

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.

Current Use

Hay production, with irrigation.

Available Water / Irrigation

River water, pumped. Large sprinklers in place.

Soil Type / Quality

McKenzie River sediments.

Buildings and Structures Available for Farm Use

Shed, garage.
Space available for your equipment, travel trailer, mobile shed, etc.
Potable water from the well that supplies the house.

Farm Equipment Available for Use, Sale or Lease


Any Restrictions That Could Limit Agricultural Production

Irrigation available. No known restrictions.

What are you doing as a landholder to ensure a safe and welcoming environment for everyone on your land and in your community?

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.

Locations of land listings on map are not necessarily exact. Many are located on the nearest town or city.
County: Lane

Farm Basics

Total Acreage: 5 acres (contiguous to family member's 5 acres, which might also be for sale)

Acreage Available to Landseeker: 5 acres (possible additional 5 acres)

Date Property is Available: April 12, 2023

Possible Business Arrangements: Sale of Land, Lease-to-own, Lease with option to purchase, Lease for cash, Other

Lease Rate / Price: Negotiable; consider discount value due to life estate.

Date when this listing was created: April 15, 2023

Farming Practices

Current Farming Practices: Conventional

Farming Practices Allowed: Certified Organic, Organic, Not Certified, Biodynamic, Dry Farming, Season Extension, Conventional, Other

Agriculture Types Suitable: Beans, Berries, Cattle, Fiber Animals, Goats, Hay, Herbs, Orchard/Fruit, Pasture, Poultry, Rabbits, Sheep, Vegetables

Farm Details

Housing Available? No

Water Available? Yes

Property Fenced? Yes

Land Holder Interested in Mentoring Land Seeker? No

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