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Merlin,OR 97532
Key Details
Property Type Vacant Land
Sub Type Forest
Listing Status Active
Purchase Type For Sale
MLS Listing ID 299363002
Annual Tax Amount $1,580
Tax Year 2024
Lot Size 731.000 Acres
Property Sub-Type Forest
Property Description
731± acre Channel Mines Recreation and Timber Tract has an estimated 2.8 million board feet of mostly 60 to 80+ year-old timber, with 86%+ Douglas-fir, and the balance primarily a mix of pine and incense cedar. The property, containing two non-contiguous tracts of 482± acres and 249± acres, are both located on a hillside by Rogue River resort community of Galice – known as gateway to Wild and Scenic Rogue River – one of North America's most ±popular destinations for challenging whitewater rafting and world class steelhead and salmon fishing. The north tract of 482± acres contains the 2.8 million board feet and the site of Channel Mines. The south tract of 249± acres contains 3 year-old reproduction.The property is within a 30-minute drive of Merlin at I-5, Exit 61. Merlin-Galice Road provides year-round access. Oregon's only Orvis-endorsed fishing lodge, Morrisons Rogue River Lodge, is located two miles east of Galice. Galice, located within Graves Creek Mining District, has a rich history for placer gold dating from the 1850s. Old Channel Gold Mine, located on the 482± acre north parcel, was started in 1860 on a high terrace, 600 feet above the Rogue River. It grew into one of the largest hydraulic gold mining operations within the Western United States. All mineral rights owned by Seller will be conveyed. Harvest of estimated 2.8 million board feet of timber will provide near-term cash flow.Sealed bids due November 12, 2025.
Location
State OR
County Josephine
Area _640
Zoning FC
Exterior
Utilities Available None
View Trees Woods, Valley
Garage No
Building
Lot Description Claim Mineral Right_ Mine, Merchantable Timber, Public Road, Reproduced Timber
Schools
Elementary Schools Manzanita
Middle Schools Fleming
High Schools North Valley
Others
Acceptable Financing Cash
Listing Terms Cash