12046 Old Fort Road, Klamath Falls, OR 97601 - Klamath County

Plum Valley Cattle Ranch 475 Acres in Oregon

Offered at: $2,050,000 (can be purchased together or separately)

395.39 acres $1,500,000 | 79.75 acres $550,000

Property Overview

Located in scenic Plum Valley, this 475-acre working cattle ranch offers an ideal combination of grazing land, water abundance, and rural tranquility. The ranch is split into two contiguous parcels (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 a 100 HP pump operating under a well-share agreement dating back to 1940. The well feeds a large reservoir that supplies water to multiple ranches in the area. Each party has equal rights, and there has never been a shortage water availability has never been a limiting factor.

-No restrictions on water use

-Multiple ponds (two on the 80 acres, one large pond on the 395 acres)

-Full set of irrigation equipment included: wheel lines, guns, and flood irrigation gear

Land & Improvements

-Both ranches are fully cross-fenced

-395 acres: features wood corrals, a remodeled 1,400 sq.ft. mobile home (3 bed, 2 bath) remodeled in 2015, currently rented for $925/month. Includes a large enclosed shop and a three-sided truck/hay barn

-80 acres: features a small corral and a newer 1,400 sq.ft. mobile home (3 bed, 2 bath) installed in 2019, 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 nearby neighbors are actively logging their properties, demonstrating the market viability.

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 parcels 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 $2,050,000

Purchase individually:

395.39 acres $1,500,000

79.75 acres $550,000