08S37 TL-1600,1700, Sumpter, OR 97877

$1,500,000

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List Price
$1,500,000
Status
ACTIVE
Days on Market
782
Price Change
▲ $894,100 1764819269
MLS#
24358834
Subtype
Recreation Only
Lot Size
3,008,689
Acres
69.07
MLS Area Major
Baker Co: SW - Sumpter/McEwen/Bourne/Phillips Lk/Granite

Property Description

Investors, prospectors, and nature enthusiasts: a legacy mining property with extraordinary potential awaits you! Completely surrounded by national forest, this 69 +/- acre timberland parcel holds four historic patented mines-The Great American, The Crescent, The Crown, and The Buckeye-some of which still remain open for exploration. Tailing piles throughout the property are known to contain valuable mineral elements including potassium, iron, titanium, phosphorus, gallium, and rubidium, as well as indications of rare earth element (REE) presence, adding a compelling layer of future value for both small-scale and long-term extraction prospects. REE value is estimated to be $28 million based on samples sent for analysis. In addition, approximately 30-40 tons of pre-excavated material are already stockpiled on-site and ready for immediate haul-out, offering the next owner quick processing opportunities. Beyond its mineral promise, this acreage offers true seclusion and natural beauty-featuring a serene pond added in 2010, abundant wildlife, rolling timbered hills, and ample space for staging, exploration, or simply enjoying the privacy of your own mountain retreat. This is a rare chance to own a unique, historically rich property in a highly desirable location, with strong upside for mineral exploration, hobby prospecting, REE evaluation, and long-term investment. Don't miss out on this wonderful opportunity!

Additional Information

Zoning
REC/ME
Elementary School
South Baker
Middle School
Baker
High School
Baker
View
Mountain(s), Trees/Woods, Valley

Listing courtesy of Baker City Realty, Inc..

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