208.77 Acres in Bandon, OR - $3,200,000

This property is located only a few miles away from the desirable coastal community of Bandon, Oregon. Bandon is famous for its scenic beaches, great food, world class golf, and a charming small town culture. Bandon is a quaint coastal community set at the mouth of the Coquille River. The town is located 89 miles North of the Oregon border, 24 miles to Coos Bay, and 80 miles to Roseburg on the I-5 corridor. Its mild climate allows for a long growing season, upwards of 11 months, and it is uniquely suited for cranberries. When there is a break in the work week, the area is inundated with nature and recreational opportunities to enjoy, such as year round fishing, hunting, golfing at the acclaimed Bandon Dunes Golf Course and Resort, hiking, or walking on the beach. Another great travel destination located just a short drive away is the Oregon Dunes National Recreation Area, one of the top off-road vehicle recreation areas in the state.

Oregon is one of the top 5 states in the nation for cranberry production with approximately 2,600 acres of production. The majority of this production is in the Port Orford and Bandon areas due to the temperate climate, favorable growing seasons, good water resources and quality soils. Oregon is known to produce a high quality berry with darker red pigment relative to other states. The majority of cranberries sold each year are processed, most commonly for juices. The nation's largest user of cranberries in the U.S. is Ocean Spray, a Massachusetts based company that also has a significant presence in Oregon. Cranberry farms represent the third largest industry in Coos County, behind seafood and timber.

OFFERING SUMMARY

This offering includes both the Laurel Creek and Johnson Creek Farms, which collectively total 208.77 acres, with 71.21 net acres of cranberries (+/- 50 producing bogs), four homes, multiple farm buildings, and more. Both farms are located in relatively close proximity to each other and to Highway 101. These two farms create an intriguing opportunity for the discerning buyer to acquire a production agri-business with a nice owner's home, all while being located in one of the most attractive and charming coastal communities in Oregon. The coastal climate in the summer is incredibly refreshing with average high temperatures hovering the upper 70s and mild winter time lows averaging moderate 43 degrees. Great outdoor recreation is abundant with local beaches, hiking trails, the dunes, ample public lands, and great fishing opportunities.

LAUREL CREEK FARM

The Laurel Creek Farm is located just 7 miles south of Bandon, and is conveniently accessed from Highway 101. The farm is comprised of 145.82 gross acres across 4 tax lots. The land enjoys gently rolling topography with terraced bogs, well established and maintained roads, and a very private and picturesque setting. The farm includes 46.37 net acres of cranberries spread over 28 bogs, producing exclusively Stevens varietal berries (one additional bog under redevelopment), and were planted between 1996 to 2020.

The farm has 51.10 acres of primary water rights and storage rights for 28.5 acre feet. The irrigation system is organized into 6 reservoirs for the temperature control, irrigation, and harvesting of the bogs. A main irrigation building houses the controls for the 9 pump systems. The system includes buried mainlines for flooding or sprinkler heads - upgraded sprinkler heads have been installed to provide more efficient and uniform water delivery. The 4,000 square foot equipment shop and barn is located near the home and offers three open bays for equipment storage, and has two large overhead doors providing enclosed shop space. A 3,200 square foot machine shed near the bogs provides open bay equipment and material storage.

The executive-style main home sits on the eastern border overlooking the farm operation below. This home provides ample parking, living space, and beautiful amenities within. The main living space and kitchen enjoy large vaulted ceilings and chalet windows to the west for beautiful views and coastal sunsets. A master suite is situated on each wing of this living space, providing full baths and walk-in closets, as well as access to the main deck. The large bonus room currently serves as a guest room, but would also be well suited as a 2nd living space, conference room, or farm office. A third bedroom, guest bath, well-appointed laundry room, and attached garage round out the floor plan. Outside is a large west facing deck, ample parking, and a beautiful view of the farm below and distant mountains. A home of this caliber provides an owner-operator the opportunity for a beautiful home on a functional farm, or offers opportunity for long term rental or possible vacation rental income.

The second home is located on five acres at the farm's entrance. The 2,640 square foot newer manufactured home offers loads of space with more opportunities for rental income or large space for housing of farm managers. This home has an attached garage and ample lawn and garden space.

JOHNSON CREEK FARM

The Johnson Creek Farm is located just 4.5 miles south of Bandon. The farm is comprised of 62.95 gross acres across 2 tax lots. The land is mostly level and provides great utility, well-maintained roads, and a private setting. The farm includes 24.84 net acres of cranberries, spread over 22 bogs, producing DeMoranville, Welker, Stevens, Mullica Queen, and Hains varietals. The berries vary in year planted from 1998 to 2022.

The farm has 26.84 acres of primary water rights, 14.80 acres of supplemental water rights, and storage rights for 16.34 acre feet. Johnson Creek includes three reservoirs, each with a double pump system including one VFD pump at each site. The system includes buried mainlines for flooding or sprinkler heads - upgraded sprinkler heads have been installed to provide more efficient and uniform water delivery.

Johnson Creek is tucked off the highway and features a home in the middle of the 62 acres with two shop buildings. The home is an efficient 1,512 square foot manufactured home built in 2012, and is situated next to the main 4-bay shop, which measures 3,280 square feet with a farm office and employee break room. The 3,200 square foot machine shed and chemical storage building is a short drive from the shop and homesite - it offers 3 oversized open bays for machinery storage and chemical room, as well as additional enclosed shop space. A second home is tucked into the towering mature evergreen trees and enjoys a beautiful setting that could be ideal for an owner's home or possible vacation rental location. The older manufactured home is in need of TLC, but retains the homesite and could be yet another opportunity for additional income.

This offering provides a distinguished buyer with the opportunity to step into a fully functioning cranberry farm with the potential to put their own mark on the operation. Centrally located between the San Francisco Bay Area and the Pacific Northwest Metropolitan areas of Portland and Seattle, this beautiful farm and estate provides you the opportunity to enjoy a working farm, refreshing rural lifestyle, and charming small-town culture. Bandon Airport is only 5 miles from both the Johnson Creek and Laurel Creek Farms.