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Land for Sale in Powell Butte, Oregon

7305 SW Highway 126, Powell Butte, OR 97753

$2,899,000
323 acres
Active
$25k drop
Est $21,864/mo

Owner financing available at 5% interest on approved credit.

One of Central Oregon's finest cattle and hay ranches is currently on the market. The Lazy JW Ranch in Powell Butte, Oregon, includes some of the best 323+- acres! Breathtaking views, an excellent location, outstanding production, and simple beauty are the standard here. Who wouldn't wish for Cascade Mountain views and a charming small-town location for their dream ranch or farm?

Known for its idyllic rural lifestyle, with friendly, wholesome neighbors and a sense of community, Powell Butte and Lazy JW Ranch will speak to the rancher or farmer in you.

Of the 323+- deeded acres, 260+- are lush irrigated hay and pasture lands, fenced and cross-fenced into rotational grazing pastures and hay grounds. The irrigation is a combination of 196+- acres of Central Oregon Irrigation District (COID) water and 65+- acres of groundwater from three wells, which have historically provided stable irrigation water delivery. This ranch is remarkably efficient, with nearly 170+- acres of irrigation under a flood irrigation system, eliminating approximately two-thirds of regular irrigation pumping costs. Savings like these will add to your bottom line and productivity. The balance of the irrigation system is under wheel lines, hand lines, and one pivot.

The custom two-story farmhouse was constructed in 1980 and features three bedrooms, two offices (which could serve as additional bedrooms), and three bathrooms. Additional housing includes a modest bunkhouse, perfect for ranch/farm hand housing.

Other improvements include a large shop, a machine shed, a hayshed, and working corrals. The Lazy JW Ranch has been in the same family for over forty years and has continued to be a successful small hay and cattle operation. The seller has a list of farm and hay equipment available outside of escrow. This picturesque country setting is just minutes to Prineville and less than an hour to Bend. Come enjoy the country way of living here at Lazy JW Ranch.

In cooperation with Hicks Team - Fay Ranches LLC

Location

Street address
7305 SW Highway 126
Elevation
3,182 feet
Coordinates
44.2554, -120.943

Property details

Acreage
323 acres
Posted

Listing history

DateEventPriceChangeSource
Aug 20, 2025Price drop$2,899,000$25,000 -0.9%Listing agent
June 24, 2025Price drop$2,924,000$25,000 -0.8%Listing agent
May 5, 2025Price drop$2,949,000$25,000 -0.8%Listing agent
Apr 14, 2025Price drop$2,974,000$25,000 -0.8%Listing agent
Aug 1, 2023Price drop$2,999,000$151,000 -4.8%Listing agent
July 5, 2023Price drop$3,150,000$25,000 -0.8%Listing agent
June 7, 2023Price drop$3,175,000$25,000 -0.8%Listing agent
Apr 14, 2023New listing$3,200,000Listing agent
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This 323-acre property is located at 7305 SW Highway 126 in Powell Butte, OR 97753. The property is available for sale for $2,899,000 with a price per acre of $8,975.

Checked 1 hour ago — Updated

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