Beautiful 1,880+/- acre timbered property for sale outside of Wallowa, OR. This ranch is used for grazing and timber production. The ranch currently runs about 75 cow/calf pairs for about six to seven months of the year. Grazing revenue brings in $5,500 annually. The timber is stocked higher than the average property that you see for sale in the area and is a good growing site. No timber cruise is available. The predominant species consists of douglas fir, ponderosa pine, western larch, lodgepole pine and some white fir. There's a small sawmill located on the property. The property also has a 1,104 square foot, two bedroom, one bathroom cabin and outbuildings with a view of the Wallowa Mountains. The property is an excellent growing site for timber in an area that sees 3-5% annual growth. The hunting is also fantastic for Rocky Mountain Elk, Mule Deer, Whitetail, Black Bear, Turkeys, and Grouse. The property is located in the sled springs unit where it qualifies for 3 L.O.P. tags. Large trophies have been taken on this property! This could be a great recreational property that you can see great financial returns from!Less than an hour's drive from the property is Joseph, OR where events are happening almost every single weekend during the summer months. Events include rodeos, car shows, concerts and many more. The area is well known for the great restaurants and breweries as well. Nearby Wallowa Lake is a large tourist destination as well with too many activities available to count. The fishing in nearby rivers and lakes is world class as well. Nearby rivers and lakes include the Wallowa River, Grande Ronde River, Imnaha River, Snake River, Minam River, and Wallowa Lake. Wallowa Lake is home of the world record Kokanee Salmon!Conservation is a lifestyle for the current owners. They have put countless hours and expense into restoring and improving the property. There's a completely private meadow stretching two miles long with a corral at the East side. The meadow has been restored by the current owners. Wildflowers, including camas, litter the meadow. There are multiple homesteads still remaining on the property. There's ample space on the property to build a runway. Properties with a runway in the area are selling for a large premium.This property is a great opportunity in a highly desired area! Not many properties offer plenty of activities on and off the property while providing high potential for a financial return!