Oregon Dream Farm – 58 Acres

Front view of the Oregon Dream Farm on 58 Acres
Off Market
  • $1,100,000
  • Location:
  • Beds: 5
  • Baths: 3 Full, 1 Half
  • Sq Ft: 3,370
  • Acres: 58.5

Oregon Dream Farm

Oregon Dream Farm on a 58+ acre parcel of land, exclusively zoned for farm use (EFU). The property includes not one, but TWO homes offering a combined total of 5 bedrooms and 3.5 baths. There’s a barn, equipment shed, and much much more. The property is fenced and cross-fenced creating multiple pastures.

Feast your eyes on the breathtaking views of the Rogue Valley, neighboring pear orchards, and your vast pasture lands. The home site is nestled within the Payne Cliffs, surrounded by hillsides that provide stunning privacy and seclusion.

This is the first time this stunning Mid-Century Modern main house, designed and built by renowned contractor Fred Cochran has been offered for sale. The custom-built home boasts 2,572 square feet of living space, featuring 3 bedrooms and 2.5 baths.

Entertaining guests or enjoying sunset views is made easy with the large Trex deck located just off the main floor. The lower-level walk-out basement serves as a party room, opening to the backyard, and is equipped with a half bath. This space can potentially be converted into an in-law suite to suit your needs.

An older farmhouse is situated far from the main house. Inside its 798 square feet, are 2 bedrooms and a single bath making it perfect for use as a guesthouse or second home. Currently rented, the tenant is open to staying.

Talent Irrigation District water for 11.5 acres keeps this Oregon Dream Farm pastures green. Both the barn and the pastures are leased and the lease can be extended for income!

Excellent for horses, the land of this Rogue Valley Farm features a gentle slope spread across several areas, with around 15% of the acreage situated on a 4% grade along the Southern hillsides. There’s ample space to incorporate a corral and/or an arena, as well as plenty of room for trucks and trailers to turn around. Moreover, the property is located far away from the highway and neighboring sites, ensuring a peaceful and tranquil environment.

A big red barn is being used for hay storage but roomy stalls for horses or livestock could easily be segmented off. For alternative power generation, a windmill is stored in the barn and ready for assembly.

Minutes to I-5 exit 24 (Phoenix, OR). Close to Ashland and Medford so shopping and restaurants are within a short drive. Rogue Valley Medford Airport is conveniently located only 15 minutes away yet there is minimal overhead air traffic noise!

There are so many options for using this farm and property. Live on this Oregon Dream Farm as a private estate, or a family compound, or generate income from renting out the farmhouse, some of the land, and/or some of the buildings. Grow your own crops, and live off the land!

One of the owners is a licensed Oregon real estate broker.

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Price: $1,100,000
Address:3555 Payne Rd
Zip Code:97537
Year Built:1966
Square Feet:3,370
Bathrooms:3 Full, 1 Half

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