This top quality cranberry operation in located in the heart of Oregon's premier cranberry growing area - Bandon. Set on the Southern Oregon Coast, with a long growing season and plentiful water supply. 56.8 acres of cranberry bogs produce more than 1-million pounds of cranberries grown on site. Including in this offering is a 20,000+ square foot processing facility which cleans, packs and ships more than 4-million pounds of cranberries per year and has the capacity to process up to 13-million pounds of fruit. The processing facility utilizes state-of-the-art equipment, has on-site water treatment, three offices and the potential for a gift shop. Incoming fruit is weighed on the truck scale and received at the front of the facility. A truck dock and large shipping/storage yard allows for efficient movement of cleaned fruit off-site.The main residence is set on a gentle knoll overlooking the farm. A custom-crafted Victorian style home with more than 10,000 square feet. Superbly built and finely appointed. An additional residence may be used for guests or a farm manager's quarters.5 reservoirs have water storage rights for irrigating and the flooding of bogs for harvest. There are multiple irrigation wells with 4 pump-houses. There are also multiple residential wells for potable water.Adjacent to the farm is an additional 80-acre parcel that would be available for further expansion purposes.Cranberries are a wonderful crop to grow and harvest. In the off hours, the Southern Oregon Coast offers some of the most spectacular beaches and coastline in Oregon. There is plenty to do: fishing, boating, hunting, hiking, biking and much more.
Property Details
Property Features
Property Information:
Architectural Style: Victorian
Year Built: 1994
Living Area: 7,994 SqFt
Listing Office:
Office Name: Berkshire Hathaway HomeServices NW Real Estate
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/5/2024, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$31.5K
Per Month
Principal & Interest
$31.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$18.9K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
Ocean Crest Elementary School
1040 Allegheny Ave SW
Distance between this listing and this school2.79 miles
Public District Grades KG-4
Middle School
6
/10
Harbor Lights Middle School
390 9th St SW
Distance between this listing and this school2.98 miles
Public District Grades 5-8
High School
4
/10
Bandon High School
550 9th St SW
Distance between this listing and this school3.04 miles
Public District Grades 9-12
Assigned Schools
6
/10
Ocean Crest Elementary School
1040 Allegheny Ave SW
Distance between this listing and this school2.79 miles
Public District Grades KG-4
Nearby Schools
5
/10
Myrtle Crest School
903 Myrtle Crest Ln
Distance between this listing and this school12.06 miles
Public District Grades KG-6
7
/10
Millicoma Intermediate School
260 2nd Ave
Distance between this listing and this school19.55 miles
Public District Grades 4-7
Assigned Schools
6
/10
Harbor Lights Middle School
390 9th St SW
Distance between this listing and this school2.98 miles
Public District Grades 5-8
Nearby Schools
5
/10
Coquille Valley Elementary
1115 N Baxter St
Distance between this listing and this school10.18 miles
Public District Grades 1-6
3
/10
Sunset School
245 S Cammann St
Distance between this listing and this school19.85 miles
Public District Grades 4-7
Assigned Schools
4
/10
Bandon High School
550 9th St SW
Distance between this listing and this school3.04 miles
Public District Grades 9-12
Nearby Schools
7
/10
Coquille Junior Senior High School
499 W Central Blvd
Distance between this listing and this school9.95 miles
Public District Grades 7-12
4
/10
Winter Lakes High School
341 West 2nd St
Distance between this listing and this school9.96 miles
The neighbors living near this home have an average income of $45,055. Most Bandon, OR residents have annual incomes between $35k-100k. The majority of families are married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 54980 Morrison Rd
What is the listing price of this property?
The listing price of 54980 Morrison Rd property is $6,300,000.
What type of property is this?
The property 54980 Morrison Rd is a house located in Bandon, Oregon, 97411.
Is this property for sale now?
Active Listing: 54980 Morrison Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 54980 Morrison Rd are: Ocean Crest Elementary School: GreatSchools Rating 6/10Harbor Lights Middle School: GreatSchools Rating 6/10Bandon High School: GreatSchools Rating 4/10
How many bedrooms and bathrooms does this property have?
The property at 54980 Morrison Rd has 4 bedrooms and 5 bathrooms.
What is the square footage of this property?
The property 54980 Morrison Rd is 7,994 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 54980 Morrison Rd is 1994.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 54980 Morrison Rd in Bandon, OR and zip code 97411. This 7,994 square foot home, which was built in 1994, sits on a 247.00 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 27, 2024 and is currently priced at $6,300,000.
In October 2024, from all listings sold in Bandon, OR there were more than 0 sold above asking price, over 5 sold below and more than 1 were sold right at the asked price. The number of listings in Bandon, OR decreased by 12.8% between September 2024 and October 2024. While the average time on the market in October 2024 was 246 days, the median list price was $550,000.
From Rocket Homes Real Estate and based on county public records data.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon. 
Figure Skating
Figure Skating
NASCAR
Hunting
Stein Mart
Bass Pro Shops
Wal-Mart
Bob Evans
Hardee's
Applebees
Buick
GMC
Ram
Adult Standards
Classic Country
Oldies