
Land for Sale in Bly, Oregon
Lake County, Bly, OR 97622
Seven lakes and reservoirs with established senior water rights anchor Aspen Ridge Ranch in south-central Oregon, creating a level of control and operational stability that is increasingly difficult to secure. Spanning 3,598.37± deeded acres near Bly, the ranch is built for a buyer who values privacy, reliable production, and the ability to operate independently across seasons.
The property supports a proven cattle operation, combining deeded ground with an adjoining U.S. Forest Service allotment to create scale and flexibility for seasonal grazing. Timbered ridges, open meadows, and well-distributed water sources allow for efficient livestock movement while also sustaining strong wildlife presence, including elk and mule deer. Fishhole Creek and multiple impoundments further enhance both habitat and on-ranch recreation.
Improvements are designed to support ownership use plus guest accommodations, without compromising functionality. A 7,000± square foot log lodge serves as the central hub for gatherings, complemented by five additional log cabins and a historic manager’s residence. The layout accommodates staff, guests, or multi-generational use while maintaining separation from core ranch operations. A hydroelectric system with propane backup provides dependable power for off-grid living.
Beyond its operational strength, the ranch offers year-round recreation, including on-site fishing, big game hunting, riding, snowmobiling, and cross-country skiing. Crater Lake National Park, Warner Canyon Ski Area, and Gearhart Wilderness are easy destinations for day trips. Held by the same family since 1975, Aspen Ridge Ranch reflects long-term stewardship and practical investment in land, water, and infrastructure—positioning it as a capable working ranch with luxurious owner and guest accommodations, plus the added benefit of privacy and self-reliance.
Location
- County
- Lake County
- Elevation
- 5,268 feet
Property details
- Acreage
- 3,598 acres
- Posted
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Apr 9, 2026 | New listing | $12,000,000 | — | Listing agent |


































