Western Real Estate Auctions Listings

Property Description
The 680 acres is located in Southeast Spokane County just east of Latah near the Idaho State border. The farm is picturesque beautiful, fertile soil in the valleys, rising up to timbered ridgelines.

The property is being offered in seven tracts: 6 vacant and 1 improved home site. Each tract has outstanding country living, recreational and estate home site potential. Several of the tracts offer nearly perfect estate settings. Cove Creek, a small year around stream, borders Wheeler Road on the east side property line. The property is served by a paved county maintained road just off SR 27. Spokane and Coeur d’ Alene are located nearly the same distance, approximately 38 miles, according to Map Quest. Coeur d’ Alene is accessed via SR 95. Tekoa WA is the nearest farm town that offers shopping and services.

Size and Shape
Total Acres – 680.43
CRP total acres – 233.6
West Side Acres – 138/ 54.5 CRP
East Side Acres – 542/ 179.1CRP

West Side of Wheeler Road
138 acres are on the west side of Wheeler Road and are being split into two parcels: Tract 1 & 2. There are no current improvements on either parcel. An old farm house was torn down years ago.

Topography
The topography rises moderately from Wheeler Road to steep in the back portions of the property. The lower portions bordering Wheeler Road were once an orchard. Currently, several of the open meadow field areas are enrolled in a CRP program until 2013. There is timber in the upper portions of the property. An easement road on the north boundary of the property serves as an access road to the upper portions of both tracts.

East Side of Wheeler Road
542 acres lie on the east side of Wheeler road and are being offered as 4 tracts plus the home site.

Topography
The topography of the property varies from a moderate rising, beginning at the Wheeler Road frontage, across rich fertile fields that were once productive agricultural land and graduates up to moderate and steep slopes on the back timbered portions that rise up the north slope and portions of land going over the top of Tekoa Mountain. Each parcel is stunningly beautiful and offers outstanding recreational and country estate potential. There are several fields located on the lower fertile soil portions that have CRP contracts out to 2013.

Tract Information
The tract sizes will vary in acreage, the smallest will be the current home site of approximately 13 acres to the largest of over 200 acres for the timbered parcel that runs up and over the top of Tekoa Mountain.

Note: estimated tract sizes are 100, 240 –timbered tract, 100, 82, 20 – homestead. The surveyor will provide the legal descriptions and acreage estimates. Each of the vacant tracts could be split into another parcel under the current Large Tract Agricultural Tract (LTA) zoning regulations.

Improvements

In 1975, the owner tore down the original homestead house and replaced it with a 24 x 64 manufactured home. The 3 bedroom, 2 bath home has a gable roof, aluminum siding, a 24 x 24 attached garage. Water is provided by a spring. A 1000 gallon on-site septic tank and drain field were installed in 1975.

The only outbuilding is a 40×80 steel framed and sided shop with a concrete foundation and floor.

A 60×100 by 12 feet deep pond is located near the house. The home site is located between Wheeler Road and Cove creek.

Miscellaneous
Annual rain fall – 22”
Electrical Power – Inland Power
Zoning – Large Tract Agricultural (LTA)
40 acre minimum
Basic rural covenants, conditions, and restrictions (CC&R’s) are under development and will be completed shortly.

Map Quest mileage estimates:
Downtown Spokane – 38 miles
I-90 & Pines – 30 miles
Downtown Coeur d Alene – 38 miles
Rockford Bay – 28 miles

Farm History
The property has been in the Lederer family for many years. Portions of the ranch have been farmed by the Lederer family since 1921, and then purchased in 1929 and 1947. Gordon Lederer was born in the original farm house and has lived there for 81 years. He and his wife Geri plan to retire in Spokane after the farm sells. Visit http://auctionservicesnearme.com to find other local auctions near you.

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