Investors, prospectors, and nature enthusiasts: a legacy mining property with extraordinary potential awaits you! Completely surrounded by national forest, this 69 +/- acre timberland parcel holds four historic patented mines-The Great American, The Crescent, The Crown, and The Buckeye-some of which still remain open for exploration. Tailing piles throughout the property are known to contain valuable mineral elements including potassium, iron, titanium, phosphorus, gallium, and rubidium, as well as indications of rare earth element (REE) presence, adding a compelling layer of future value for both small-scale and long-term extraction prospects. REE value is estimated to be $28 million based on samples sent for analysis. In addition, approximately 30-40 tons of pre-excavated material are already stockpiled on-site and ready for immediate haul-out, offering the next owner quick processing opportunities. Beyond its mineral promise, this acreage offers true seclusion and natural beauty-featuring a serene pond added in 2010, abundant wildlife, rolling timbered hills, and ample space for staging, exploration, or simply enjoying the privacy of your own mountain retreat. This is a rare chance to own a unique, historically rich property in a highly desirable location, with strong upside for mineral exploration, hobby prospecting, REE evaluation, and long-term investment. Don't miss out on this wonderful opportunity!
725 days
|
172
|
5
|
Zillow last checked:
Listing updated:
Listed by:
Ashley O'Neal541-523-5871,
Baker City Realty, Inc.
Source: RMLS (OR),MLS#: 24358834
Facts & features
Interior
Bedrooms & bathrooms
Bathrooms: 0
Property
Features
Has view: Yes
View description: Mountain(s), Trees/Woods, Valley
Waterfront features: Other
Lot
Size: 69.07 Acres
Features: Claim Mineral Right_Mine, Hilly, Trees, Wooded, Gentle Sloping, Level, Sloped, Steep Slope, Acres 50 to 100
Details
Additional parcels included: 5824
Parcel number: 5823
Zoning: REC/ME
Utilities & green energy
Utilities for property: None
Community & HOA
HOA
Has HOA: No
Location
Region: Sumpter
Financial & listing details
Annual tax amount: $236
Date on market: 7/24/2024
Listing terms: Call Listing Agent,Cash,Owner Will Carry
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.