
12750 SE Carey Ln Prineville, OR 97754
Juniper Canyon NeighborhoodEstimated payment $8,856/month
Highlights
- Indoor Arena
- Hilly Lot
- Pasture
- Waterfront
- Creek On Lot
- Electricity in Barn
About This Home
Owl Creek Ranch 120 Acres of Historic Beauty with BLM Grazing Rights
Own a piece of Oregon history at Owl Creek Ranch, a breathtaking 120-acre homestead in Crook County surrounded by over 2,200 acres of exclusive BLM grazing allotment and neighboring Prineville Reservoir State Park. This one-of-a-kind property combines rich heritage, natural beauty, and modern ranching functionality in a serene and private setting.
The newly remodeled home features 3 bedrooms, 2 baths, reclaimed wood beams, a chefs kitchen with granite bar, and high-end stainless steel appliances seamlessly blending rustic charm with contemporary living.
For equestrian and livestock use, the ranch is fully outfitted with:
A 5,040 sq. ft. indoor riding arena
A 36' x 48' barn with stalls
Cross-fenced pastures
A heated 1,600 sq. ft. shop
Year-round water from a natural spring and private well
Towering basalt cliffs, historic agate mines, and scenic ridgelines offer adventure, seclusion, and a sense of place thats hard to replicate.
Carey BLM Grazing Allotment Active & Expandable
This sale includes the Carey Allotment BLM grazing permit, which authorizes 46 active Animal Unit Months (AUMs) currently supporting up to 4 head of cattle year-round. The allotment covers 90% public land use and remains valid through February 28, 2027, providing long-term grazing rights and operational stability.
Grazing Flexibility & Growth Potential
The permit supports seasonal or flexible grazing strategies, and there's room to scale your operation with:
Temporary increases during favorable forage conditions
Permanent AUM increases upon BLM approval, with the right range improvements or land condition assessments
Key Grazing Management Highlights:
Season: March 1 February 28 annually
Active AUMs: 46 (0 suspended)
Public Land Use: 90%
Wildlife Protection: Bald eagle nesting area (limited access Jan 1 Aug 30)
Vehicle Access: Must use existing routes; no new trails
Feed/Water Policy: No salting within mile of water; supplemental feed requires prior approval
This is a rare chance to own both a turnkey ranching property and a federally backed grazing permit a unique combination perfect for experienced cattle operators or those seeking a stunning recreational ranch with productive infrastructure and long-term land use rights.
Schedule your private tour today. Call George Riggins at (541) 306-8486
Listing Agent
Farm and Ranch Division of Berkshire Hathaway NW License #farmandranch@bhhsnw.com Listed on: 02/25/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,343
Lot Details
- Waterfront
- Property fronts a private road
- Dog Run
- Wood Fence
- Barbed Wire
- Fenced For Cattle
- Fenced For Horses
- Steep Slope
- Hilly Lot
- Mountainous Lot
- Current uses include agriculture, equine, hunting/fishing, residential single, hobby farm, homestead
- Potential uses include agriculture, equine, hunting/fishing, residential single, hobby farm, homestead
- Historic Home
Parking
- Automatic Gate
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Creek On Lot
- Wildlife includes elk, mule deer, quails, pheasants, ducks, geese, turkeys, waterfowls
Location
- Easements include access
Farming
- Electricity in Barn
- Hay Barn
- Equipment Barn
- Permanent Squeeze Chutes
- Loading Chute
- Holding Pens
- Pasture
- Cattle or Livestock Pen
- Cattle Guard
Horse Facilities and Amenities
- Wash Rack
- Horses Allowed On Property
- Corral
- Tack Room
- Water to Barn
- Indoor Arena
- Stables
Utilities
- Overhead Utilities
- 1 Water Well
- Septic Tank
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $3,343 | $273,708 | -- | -- |
2023 | $3,228 | $265,739 | $0 | $0 |
2022 | $3,126 | $257,910 | $0 | $0 |
2021 | $3,126 | $250,420 | $0 | $0 |
2020 | $3,040 | $243,157 | $0 | $0 |
2019 | $2,932 | $229,176 | $0 | $0 |
2018 | $2,858 | $229,176 | $0 | $0 |
2017 | $2,815 | $222,494 | $0 | $0 |
2016 | $2,137 | $157,141 | $0 | $0 |
2015 | $1,925 | $157,141 | $0 | $0 |
2013 | -- | $148,135 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
02/25/2025 02/25/25 | For Sale | $1,550,000 | -- | $649 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | Amerititle |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $100,000 | Credit Line Revolving | |
Open | $264,500 | New Conventional | |
Closed | $37,500 | Credit Line Revolving | |
Closed | $300,000 | New Conventional |
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