74822 LOWER DIAMOND LN
Wallowa, OR, 97885 $ 1,200,000
Bedrooms3 Baths2.0 Sq 1,688 Monthly Estimate*
$ 7,577
for $1,200,000 with 3 bedrooms and 2 full baths. This 1,688 square foot home was built in 1953 on a lot size of 125.72.
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.
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FeaturesGeneralSewer SepticTank
Heating Baseboard ForcedAir WoodStove
Cooling None
Roof Metal
Zoning EFU
Garage Spaces 0
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 N
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 N
Legal Description 01N42E TL 2300 REF #5105 and 9317
Land Lease Expiration Date 2027-04-01
ADU False
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InteriorBasement CrawlSpace None
Total Fireplaces 2
Fireplace Features Propane WoodBurning
Hot Water Electricity Tank
Total Bathrooms 2.0
Total Bedrooms 3
Total Baths 2
1/2 Baths 0
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ExteriorExterior Amenities Corral CoveredDeck Fenced Outbuilding Yard
Parking Features Carport Driveway
Lot Features IrrigatedIrrigationEquipment Pasture Stream Trees Wooded
Water Source Private Well
Total Parking 0
Garage Type Carport Detached
Exterior Description Aluminum
Foundation Details ConcretePerimeter
Building Area Total 1688.0
Lot Size Acres 125.72
Road Surface Type Paved
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* Excluded FeaturesList ByCaleb@landandwildlife.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,577
- Monthly Property Taxes
- $169
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Wallowa, OR
Average List Price $461,625
Percent of Sale Price 62%
About Wallowa, OR 794 Population
-1% Since 2002
$ 28,330 Median Income
50.6 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
1950443 Elementary School
1950890 Middle School
Wallowa High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/19/2026 | $1,200,000 | | Listed Price |