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Listed by BRETT VEATCH • BERKSHIRE HATHAWAY HOMESERVICES NORTHWEST REAL ESTATE • Cell: 503-708-4663

$950,000

Est. payment - /mo

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4 Beds

1 Bath

2,112 SqFt

New

30900 Spring St Lebanon, OR 97355

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Key Details

Property Type Single Family Home

Sub Type Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,112 sqft

Price per Sqft $449

MLS Listing ID 844967

Bedrooms 4

Full Baths 1

Year Built 1910

Annual Tax Amount $1,744

Tax Year 2025

Lot Size 122.200 Acres

Acres 122.2

Property Sub-Type Residence

Property Description

100+ acres of Willamette Valley farmland with attractive owner financing available. The property consists of tillable acreage that is currently leased and planted to grass seed, providing immediate agricultural income potential. The property is dry farmed and soils include Bashaw Silty Clay and Pengra Silt Loam (USDA Web Soil Survey). The property is improved with a residence, shop, and barn; however, the seller wishes to retain a life estate in the home and approximately three acres surrounding the residence, including the shop and barn. This unique arrangement allows a buyer to acquire an income producing agricultural asset while guaranteeing a tenant for the residence. Owner financing is available with 30% to 50% down and the balance amortized over 15 years, creating an excellent opportunity for investors, farmers, or those looking to expand an existing operation with favorable financing terms. Whether you're seeking a long-term investment or productive addition to your farming portfolio, this Willamette Valley property offers exceptional value and income potential.

Location

State OR

County Linn

Area 80 Linn County

Rooms

Primary Bedroom Level 1/Main

Kitchen 7x14

Interior

Hot Water Electric

Fireplaces Type Wood

Exterior

Parking Features None

View Territorial

Roof Type Metal or Aluminum

Garage No

Building

Foundation Continuous

New Construction No

Schools

Middle Schools Seven Oak

High Schools Lebanon

Others

Senior Community No

Acceptable Financing Cash, Other (Refer to Pvt Rmks)

Listing Terms Cash, Other (Refer to Pvt Rmks)

NEARBY SCHOOL & BUSINESS

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Donna Jo Merrifield

Principal Broker, South/Central OR Area Leader, Dream & Key Group Team Leader License ID: 971200102

+1(541) 981-1436