For Sale

Listed by Morgan Nevin from Far West Real Estate

Source: Tahoe Sierra Board of REALTORS #20250621

705200 US-395, Lassen County, CA, 96132

$2,500,000

94525200 sq. ft.

Land

30+ days on the market

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About this property

Wood-N-Peg Ranch - 2,170 Deeded Acres + Grazing Allotment Permits - Termo, Lassen County, CA. For the first time in several decades, the Wood-N-Peg Ranch is available for purchase. This historic property presents an unparalleled opportunity for ranchers, investors, and outdoor enthusiasts alike. With a strong foundation for a cow/calf operation and recreational use, this expansive ranch is ready for revitalization and growth. Exceptional Features: Expansive Acreage – 2,170 deeded acres of prime ranch land. Grazing Rights – Includes a BLM Grazing Allotment (Williams Individual Allotment #00406) covering approximately 5,328 acres. Water Resources – 6 wells on the property and a year-round creek. Irrigation Potential – Approximately 1,140 acres suitable for flood irrigation with room for pivots, wheel lines, or ditch irrigation. Rich Agricultural Land – Fertile soil offering strong productivity potential. Structures & Infrastructure – Hay barn, historic wooden barn, brick shop building, and various additional outbuildings requiring renovation. Hunting Paradise – Located in the X5a hunting zone, with potential for landowner tags?. A Value-Add Opportunity. The Wood-N-Peg Ranch presents a true sweat-equity investment. While the improvements require attention, the bones of this ranch offer a solid base for restoration and modernization. With ample water, fertile land, and vast grazing capabilities, the potential for transformation into a high-functioning cattle or hay operation is immense. Whether you're an experienced rancher looking to expand your operation, an investor seeking a prime land opportunity, or an outdoor enthusiast drawn to the rugged beauty and abundant wildlife, this ranch delivers unmatched potential. Don’t miss your chance to own a slice of Northern California’s ranching heritage. Contact us today to schedule a tour and experience the possibilities of the Wood-N-Peg Ranch firsthand!

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