Waterfront - Fixer Upper - Primary on Main
Address
74822 Lower Diamond Ln, Wallowa, OR
Price
$ 1,200,000
Property Attributes
- MLS#650060183
- TypeSingle Family
- Listing Status Active
- CountyWALLOWA
- CityWallowa
- Area470
- Zip97885
- StyleStories1
- Year Built1953
- Taxes$ 2026
- Price$ 1,200,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1688
- Lot Size125.72 Acres
Data Source:
Regional Multiple Listing Service (RMLSOR)
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Wallowa Elementary School | Wallowa Middle School | Wallowa High School |
| Price History | |
|---|---|
| 8/19/2026 | Listed $1,200,000 |
General Features
| Sewer | SepticTank |
|---|---|
| Heating | Baseboard,ForcedAir,WoodStove |
| Cooling | None |
| Roof | Metal |
| Zoning | EFU |
| Architectural Style | Stories1 |
| Year Built | 1953 |
| Stories Count | 1 |
| Property Subtype | SingleFamilyResidence |
| Tax Year | 2025 |
| Parcel Number | 5105 |
| Waterfront Features | RiverFront |
| Accessibility | OneLevel |
| County | Wallowa |
| Property Type | Residential |
| HOA | No |
| Full Baths | 2 |
| Status | Active |
| Directions | Turn onto Lower Diamond Ln from HWY 82. Second House on right. |
| High School | Wallowa |
| City | Wallowa |
| Body of Water | Wallowa River |
| Disclosures | Disclosure |
| MLS Area | _470 |
| Lot Size Square Feet | 5476363.0 |
| Listing Terms | Cash,Conventional |
| Elementary School | Wallowa |
| Tax Annual Amount | 2026.3 |
| Middle/Junior High School | Wallowa |
| Property Condition | Fixer |
| Standard Status | Active |
| Accessory Dwelling Unit Y/N | No |
| ViewDescription | Mountain,River,Valley |
| Legal Description | 01N42E TL 2300 REF #5105 and 9317 |
| Land Lease Expiration Date | 2027-04-01 |
| SeniorCommunityYn | False |
| ADU | False |
Interior Features
| Basement | CrawlSpace,None |
|---|---|
| Total Fireplaces | 2 |
| Fireplace Features | Propane,WoodBurning |
| Hot Water | Electricity,Tank |
| Total Bathrooms | 2.0 |
| FuelDescription | Propane,WoodBurning |
| Total Bedrooms | 3 |
| Total Baths | 2 |
Exterior Features
| Exterior Amenities | Corral,CoveredDeck,Fenced,Outbuilding,Yard |
|---|---|
| Parking Features | Carport,Driveway |
| Lot Features | IrrigatedIrrigationEquipment,Pasture,Stream,Trees,Wooded |
| Water Source | Private,Well |
| Garage Type | Carport,Detached |
| Exterior Description | Aluminum |
| Foundation Details | ConcretePerimeter |
| Building Area Total | 1688.0 |
| Lot Size Acres | 125.72 |
| Road Surface Type | Paved |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 97885
Price
Taxes
Year Built
Visits
All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by RMLSTM.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLSTM of Portland, Oregon. Real estate listings held by brokerage firms other than Lake Oswego are marked with the RMLSTM logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLSTM, Portland, Oregon.
This content last updated on September 12, 2026 5:59 AM UTC at 4 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
