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Oregon's Ochoco Ranch Price Drops to $54 Million After Initial $65 Million Listing
Ochoco Ranch in Oregon is now listed for $54 million, down from $65 million in 2022. The property features a 10,287-sq-ft lodge and extensive timberland.
Confidence: 95%Sentiment: NeutralHigh Priority
What Happened?
Ochoco Ranch in Oregon is now listed for $54 million, down from $65 million in 2022. The property features a 10,287-sq-ft lodge and extensive timberland.
AI Quick Summary
Oregon's Ochoco Ranch is now listed for $54 million, down from $65 million, featuring a large lodge and extensive timberland.
Key points
- Ochoco Ranch spans over 35,000 acres in Prineville, Oregon.
- The property includes a 10,287-sq-ft lodge built in 2015.
- It was initially listed for $65 million in 2022, now reduced to $54 million.
- The ranch operates as a timber ranch, generating income from timber sales.
- It features multiple residences and extensive recreational opportunities.
Key insights
- The ranch's extensive acreage and timberland could enhance its future value.
- Sustainable logging practices may appeal to environmentally conscious buyers.
- The property's accessibility via private easements adds significant value.
Why it matters
The price drop may attract more buyers interested in recreational properties.
Tags
Entities
Ochoco Ranch· LocationOregon· StatePrineville· City
Source
Times of India
