Paul Kerley from Salem, Oregon, purchased Little Houston Lake Ranch, a nearly 500-acre cattle ranch at 10410-14 SW Houston Lake Road in Powell Butte, Oregon. A Salem, Oregon-based investor, Paul Kerley has almost 40 years of industry experience in real estate law, property management, and investing. Principal Broker Steve Payer of Coldwell Banker in Bend, Oregon, represented Mr. Kerley in the $2.3 million purchase.
The 499-acre Little Houston Lake Ranch includes 309 acres irrigated by gated pipe, flood, and wheel lines. Several agricultural buildings stand on the property, including a machine shed, a barn with a shop area, a 4,000-square foot hay barn, and two multipurpose buildings. The on-site Little Houston Lake is available for livestock watering and irrigation.
Opportunities for wildlife appreciation and recreation are frequent at this scenic location. Little Houston Lake presents excellent opportunities for bird watching, fishing, and hunting. The property is located near Smith Rock State Park and the Cascade Mountain range.
