SOLD: Lemon Hill Ranch | Fay Ranches

L E M ON HI LL R ANC H Tenino, Washington $2,375,000 | 129± Acres

Lemon Hill Ranch | Tenino, Washington

INTRODUCTION Invest now in this 129± acres with 51± acre-feet of water rights. The site includes the original farmhouse that could be used for an onsite office or converted to an office building. The site’s zoning could support as many as 200 homes overlooking the City of Tenino with stunning views of Mt. Rainier and Mt. St Helens. Don’t miss this rare opportunity to invest in 129± acres within the city limits of Tenino. Tenino has sewer capacity available and city water subject to the water rights available with this property.

This ranch topography includes the farm home, small barn and outbuildings, pasture, hilltops, and breathtaking views. Located within just a short drive is Olympia, one of the more attractive capital cities in the United States. Olympia is a clean, mid-sized capital city with a distinctively Pacific Northwest small-town feel. Outdoor recreational opportunities are abundant: Olympic National Park, Mount Rainier National Park, and the Washington coast are all within a 1.5-hour drive. If hunting is a priority, you will enjoy the resident herd of Elk or the trophy blacktail that frequent the site and surrounding area.

www.fayranches.com | (800) 238.8616 | info@fayranches.com

1

QUICK FACTS • • • • • • • • • •

2

129± surveyed acres Borders proposed future public land Fenced pastures Drilled wells Within the Tenino city limits Plenty of room to build 1 or more homes on the property 3 separate tax parcels View of Mount Rainier View of Mount St. Helens Easy access to Seattle or Portland via I-5

Lemon Hill Ranch | Tenino, Washington

www.fayranches.com | (800) 238.8616 | info@fayranches.com

3

LOCATION Thurston County is home to Olympia, the Capital city - West-central Washington at the south end of Puget Sound. The climate is mild, with June, July, August, and September being the most pleasant months in Thurston County.

GETTING THERE I-5 from either Seattle or Portland to Exit 88 US Hwy 12 West. Head East on Old Hwy 99 approximately 7 miles towards Tenino to the Tenino Alpaca Ranch on the left just prior to the Tenino city limits.

4

Lemon Hill Ranch | Tenino, Washington

AIRPORT INFORMATION Located 67 miles from SeaTac International Airport and 103 miles from Portland International Airport.

The Olympia Airport is a 5,500 feet long and has two FBO’s. (www.portolympia.com )

ACREAGE 129± acres consist of fenced pastures, rolling hills, mixed species upland forestland, well-roaded with numerous benches and plateaus, all within Tenino, Washington’s city limits.

6

Lemon Hill Ranch | Tenino, Washington

www.fayranches.com | (800) 238.8616 | info@fayranches.com

7

TIMBERLAND The standing timber consists of a mix of conifer and deciduous trees such as Red Alder, Maple, Douglas Fir, and Western Hemlock, with a variety of other species scattered throughout. This portion of the ranch was logged about 20 years ago.

8

Lemon Hill Ranch | Tenino, Washington

SCENIC VISTAS There are views of both Mount Rainier and Mount St. Helens to the east and terrific territorial views throughout the property.

Mount Rainier Views

Mount St. Helens Views

www.fayranches.com | (800) 238.8616 | info@fayranches.com

9

CLIMATE In Tenino, the summers are short, warm, dry, and partly cloudy, and the winters are very cold, wet, and overcast. Over the course of the year, the temperature typically varies from 34°F to 80°F and is rarely below 23°F or above 91°F.

Climate data courtesy of: http://www.city-data.com/city/Tenino-Washington.html

10

Lemon Hill Ranch | Tenino, Washington

WATER SOURCES | WATER RIGHTS There are drilled wells and adequate water rights to support development for possibly as many as 200 homes. Fifty-one acre-feet of water rights will come with the sale; additional water rights may be available to the Buyer in 2021.

CONSERVATION | STEWARDSHIP Each of us at Fay Ranches has a love of the land and a desire to see it remain as productive agricultural ground as well as quality fish and wildlife habitat. Through promoting the use of thoughtful land stewardship, Fay Ranches has guided owners toward a legacy of conserving wide open spaces, enhancing and creating fisheries and wildlife habitat and implementing sustainable agricultural operations. Fay Ranches is proud to say that since our company began in 1992, the landscape on which we work has been significantly enhanced by the conservation ethic and land use practices of our clients.

MINERAL & TIMBER RIGHTS All mineral and timber rights appurtenant to the property and owned by the Seller will convey to the Buyer at closing. Mineral rights are not guaranteed. It is suggested that the Buyer conduct a mineral search with a title company.

IMPROVEMENTS • • • • • •

12

Farmhouse and outbuildings Drilled wells 10± acres pasture fenced Established roads 3 tax parcels Public road frontage

Lemon Hill Ranch | Tenino, Washington

RECREATION Washington State offers rainforests and deserts, alpine meadows, and wetland estuaries, and where the land is rich with natural beauty, there are ample opportunities for outdoor activities. Climb, hike, bike, boat, canoe, hunt, fish, golf, and horseback ride here. Head downhill on skis, through the woods on cross-country skis or snowshoes; try water sports such as surfing, windsurfing, water skiing, scuba diving, and swimming; rev up with a wheeled adventure. The site is home to a resident herd of Roosevelt Elk ranging from 40-80, depending on the time of year. Trophy Black Tail, Black Bear, Bobcat, and Mountain Lion have been seen on-site as well.

Roosevelt Elk—Image not taken on property

Wild Turkeys on Property

www.fayranches.com | (800) 238.8616 | info@fayranches.com

13

NEARBY ATTRACTIONS | ACTIVITIES Oregon Trail Days is an annual event hosted by Puget Sound Free Trappers and the Tenino Area Chamber of Commerce. The event offers a parade, a rock and gem show, black powder shoots, vendors of all kinds, and lots of food! Always the 4th weekend of July is just one of the many activities available nearby.

The natural world seems larger than life in the state of Washington. Sleeping volcanoes like Mount Rainier rise above the horizon, and time seems to stand still in the lush green landscapes of the Hoh Rain Forest on the Olympic Peninsula. The San Juan Islands and Puget Sound offer Pacific Northwest paradises to escape into, and charming cities like Leavenworth, Bellingham, and Port Angeles offer unique attractions. For the real city appeal, though, Seattle is the central cultural hub of the region, enabling many memorable enabling many day trips and weekend getaways.

This property is located well for family and adult entertainment, just 7 miles from the Great Wolf Lodge and ​15 miles from the Lucky Casino entertainment. If NASCAR is your thing, the fastest 3/8 Mile Oval Track on the West Coast is a 10-minute drive away.

NASCAR at Sout h Sound Speedway

Oregon Trail Days—Black Powder Contest

14

Lemon Hill Ranch | Tenino, Washington

INCOME | RETURN OPPORTUNITY This is a very hard-to-find property that can be used as your private retreat with development potential now or in the future. Zoning water and soil conditions support 200 plus homes; the estimated retail value of finished lots is between $75,000 - $90,000, with entitlement costs very affordable, jurisdiction city of Tenino.

www.fayranches.com | (800) 238.8616 | info@fayranches.com

15

SUMMARY Rarely do you find a property inside city limits that can be either a top-notch farm or entitled capable of supporting 200 plus homes in a private setting adjacent to a potential wildlife preserve with the ability to develop in the future if desired. You can enjoy the rural and secluded lifestyle that Lemon Hill Ranch offers with the convenience of being close to amenities. Lemon Hill Ranch has potential for a variety of uses with access to big town amenities but with the small town costs and lifestyle.

16

Lemon Hill Ranch | Tenino, Washington

www.fayranches.com | (800) 238.8616 | info@fayranches.com

17

PRICE $2,375,000

TERMS Cash, Conventional Financing, Agriculture Financing, 1031 Tax Exchange

CONTACT Please contact Troy Dana at (360) 402-5500 | tdana@fayranches.com to schedule a showing. This is an exclusive listing. An agent from Fay Ranches must be present at all showings, unless otherwise noted or other arrangements are made. To view other properties, fly fishing properties, and sporting ranches that we have listed, please visit our web page at www.fayranches.com.

NOTICE Offer is subject to errors, omissions, prior sale, change or withdrawal without notice, and approval of purchase by owner. Information regarding land classification, carrying capacities, maps, etc., is intended only as a general guideline and has been provided by the owners and other sources deemed reliable, but the accuracy cannot be guaranteed. Prospective purchasers are encouraged to research the information to their own satisfaction.

18

Lemon Hill Ranch | Tenino, Washington

www.fayranches.com | (800) 238.8616 | info@fayranches.com

19

20

Lemon Hill Ranch | Tenino, Washington

www.fayranches.com | (800) 238.8616 | info@fayranches.com

21

22

Lemon Hill Ranch | Tenino, Washington

www.fayranches.com | (800) 238.8616 | info@fayranches.com

23

24

Lemon Hill Ranch | Tenino, Washington

NOTES

www.fayranches.com | (800) 238.8616 | info@fayranches.com

25

TROY DANA Principal Broker Licensed in: WA c. 360-402-5500 tdana@fayranches.com

FAY RANCHES INC. (800) 238.8616 info@fayranches.com www.fayranches.com