Plum Valley Cattle Ranch - Old Fort Road

475 Acre Cattle Ranch Offered at: $1,995,000 (can be purchased together or separately) 389.5 acres $1,450,000 (MLS 220216669) | 79.75 acres $675,000 (MLS 220216672) Overview Located in scenic Plum Valley, on Old Fort Road near Klamath Falls, Oregon, this 475-acre working cattle ranch offers an ideal combination of grazing, water, and rural tranquility. The ranch is split into two properties (395 acres and 80 acres) that can be sold together or separately. Together, they comfortably run approximately 140 cow-calf pairs from May through November. Water & Irrigation Water is drawn from a deep well powered by pumps operating under a well-share agreement dating back to 1940. The well feeds a large reservoir that supplies water to five ranches in the area. Each party has equal rights, and there has never been a shortage of water. -Multiple ponds -Full set of irrigation equipment included: wheel lines, guns, plus flood irrigation Land & Improvements -Both ranches are fully cross-fenced -395 acres: features wood corrals, a remodeled 1,248 sq.ft. mobile home (2 bed, 2 bath) remodeled in 2016, currently rented for $925/month. Includes a 2592 Equipment Barn with two bay enclosed shop. -80 acres: features a small corral and a newer 1,279 sq.ft. mobile home (2 bed, 2 bath) installed in 2018, currently rented for $1,500/month -Both parcels have domestic wells Timber & Buildable Sites The ranch contains significant stands of timber with potential for harvest. The county has designated two buildable homesites within the timbered portion, offering opportunities to construct a main residence or a dream ranch home while maintaining caretaker housing in the existing mobile home. Agricultural & Tax Benefits Both qualify for agricultural tax exemptions, resulting in very low property taxes. The ranch is fully equipped and operational ready for livestock, hay, or continued grazing use. Purchase Options Buy both parcels together for $1,995,000 Purchase individually: 395 acres $1,420,000 80 acres $675,000 NOTE: There is no east/west fenceline on the south end of the 80 acres. Seller pays for electricity for approx. 25 acres of neighbor's field in exchange for pasture. Long Term tenants in both MF homes so 90-day notice given when escrow open. Wheel line close to Old Fort Road on the 80 acres is partially the neighbors. Pasture leased for the 2026 season. $200 annual assessment for access Simpson Canyon Road to upper timber ground and potential building sites. Buyer to do own Due Diligence in regard to irrigation, shared well agreement, & potential uses. Water Rights Report in Documents. Show Less