74822 LOWER DIAMOND LN, Wallowa, OR 97885

$1,200,000
3
BD
2
BA
1,688
SqFt

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List Price
$1,200,000
Days on Market
22
Status
ACTIVE
MLS#
650060183
Bedrooms
3
Bathrooms
2
Living Area
1,688
Lot Size
100 to 199.99 Acres
Region
Wallowa County

Property Description

Despite the name, The Werst Ranch is a really nice place. Owned by the Werst Family since approximately 1947, this 125.72± acre ranch offers a rare combination of agriculture, recreation, river frontage, and history in beautiful Wallowa County.The property includes approximately 53.26± acres of flood-irrigated pasture with water rights dating to 1893, 1897, and 1905, plus approximately 55.3± acres of non-irrigated pasture. Approximately 4,220± feet of Wallowa River frontage provides exceptional scenery, wildlife habitat, and fishing for rainbow trout, steelhead, and bull trout. Numerous springs, mature willow and cottonwood trees, and a rich agricultural heritage add to the property's character.Grazing is leased through April 1, 2027, with approximately 70 cow/calf pairs utilizing the property from May 1-July 20 and September 1-October 30. A distant Werst Family relative currently leases the grazing and would like to continue.Improvements include a 1,688± SF 3-bedroom, 2-bath home; 1,344± SF machine shed/shop; smaller workshop; greenhouse; 448± SF RV storage building; antique dairy barn; corrals; and cross-fenced pasture.Located in Minam Hunting Unit 60, the ranch offers excellent elk and whitetail deer hunting. Weaver Pond is directly across the road for additional fishing opportunities. Just over 30 minutes to Joseph and approximately 50 minutes to La Grande.Information is from sources deemed reliable but is not guaranteed. Buyer to independently verify all information.

Additional Information

Tax Amount
$2,026
Year Built
1953
High School
Wallowa
Elementary School
Wallowa
Middle School
Wallowa
Fireplaces Total
2
Garage Type
Carport, Detached
Acres
125.72
Living Area
1,688
Stories
1
Property Type
Single Family Residence
Terms
Cash, Conventional
Accessibility Features
One Level
Master Bedroom Level
Main
Cooling Description
None
Fireplace Description
Propane, Wood Burning
Fuel Description
Propane, Wood Burning
Heating Description
Baseboard, Forced Air, Wood Stove
Hot Water Description
Electricity, Tank
Exterior Description
Aluminum
Roof Type
Metal
Sewer Description
Septic Tank
Style
1 Story
Waterfront Description
River Front
View
Mountain(s), River, Valley
Parking
Carport, Driveway
Waterfront
Yes
Parking Description
Carport, Driveway
Road Surface
Paved
Exterior Features
Corral(s), Covered Deck, Fenced, Outbuilding, Yard

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of USLANDCO LLC.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.