16
FOR SUPPLEMENTAL INFORMATION CALL 1-800-845-3524
9
PUBLISHED RESERVE:
$138,500
LAST ASKING:
$197,500
SIZE:
44± Acres
ELEVATION:
700± to 800± Feet
DESCRIPTION:
This timber tract, located along a hillside overlooking Dexter Reservoir, is within a
25-minute drive of Eugene and I-5, and has a combination of 16- to 24-year-old well-stocked Douglas-fir,
and conditional-use approval for two home sites. The property contains two tax lots of 13± and 31± acres,
each with a conditional-use approval for a dwelling, dated August 2014 and valid for a period of four
years, and with an initial extension of two years. Please see Supplemental Information Package for copies
of Lane County Approvals.
There is access from Highway 58 in the northeast section with a road that also provides access to the
western portion of the tract which contains the other home site. Both home sites will require on-site septic
and well. Power is available from Highway 58.
There is an estimated 12 acres of 24-year old Douglas-fir, with the balance of the property containing
16-year-old Douglas-fir.
It is projected that within 20 years, the tract will contain an estimated 878 MBF, providing opportunity to
have both long-term asset growth, with some near-term cash flow, from the harvesting of timber. Please
see Supplemental Information Package for timber inventory and growth projection.
Topography is mostly moderate north-facing slopes, with a site index of III. The southern boundary of
the tract is along Southern Pacific Railroad.
Dexter Reservoir is popular for boating, sailing and fishing. The Lowell State Recreation Site, with docks
and a boat launch, is located nearby on the western edge of the Reservoir. The Lowell Covered Bridge
Interpretive Center is also nearby. The community of Lowell is on the north side of the Reservoir, and I-5
is a 15-minute drive west along Highway 58.
LOCATION:
Township 19 South, Range 1 West, Section 22, Tax Lots 300 and 400
Dexter Reservoir Timber Tract with Approval for Two Home Sites, near
Eugene, Oregon
Dexter Reservoir
Highway 58
To Eugene
Lowell
Pioneer Street
Lowell Covered Bridge
Homesite
Homesite
N
ZONING:
F-2 -- Impacted Forest Lands
PROPERTY INSPECTION:
At Any Time
FINANCING:
None – All Cash
Railroad
