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60027 Divide Camp Rd
Joseph, OR 97846
$959,000
Conventional
Property
Bedroom
6
Bathroom
3
Property Type
Conventional
Square ft
2480
Property Description
Introducing Divide Camp, a remarkable forested property spanning 40 acres, locatedjust outside the charming town of Joseph, Oregon. For more than 50 years, thiscaptivating retreat has been cherished by hunters, hikers, and mountain explorers alike,offering a wealth of opportunities to experience the surrounding wonders of the Eagle Cap Wilderness and Wallowa Lake. Operating for many years as a haven for elkhunters and a base for summer horse-packing trips into the majestic Eagle CapWilderness, in 2012 the property transitioned to a host facility for Divide Camp, Inc., anonprofit organization dedicated to providing post-9/11 combat wounded veterans with ahealing experience in nature. The camp includes six cozy cabins with 17 beds.Additional room for tents and/or yurts can comfortably accommodate a large group.Power is supplied by a solar system and spring water is available year-round. A 3-Darchery course, pistol and rifle range, and 10 station fitness trail add uniqueopportunities. Outbuildings include a workshop built from trees milled on site, a metalstorage barn, and an outdoor picnic shelter with an efficient kitchen. The camp sits in apicturesque location in the northeastern corner of Oregon, within the Imnaha big gameunit. Divide Camp's prime location and rustic facilities make it an ideal place for anyorganization focused on the outdoors, for gatherings of families and friends, kid campsor a business adventure. Whether you're embarking on backpacking adventures in theEagle Cap Wilderness, fly fishing or rafting local rivers, or organizing annual huntingtrips, this property offers endless possibilities. Recreational properties like Divide Camprarely come around! Don't hesitate to seize this extraordinary opportunity and unlock thefull potential of this remarkable property. Additional personal property items will beincluded - list available upon request for pre-qualified buyers.
Property Information
Lot Size
40 acre(s) square ft
Property Type
Residential
Year Built
1965
MLS Number
23149686
Location
Address
60027 DIVIDE CAMP RD
City
Joseph
State
OR
Zip Code
97846
County
WALLOWA
Listing
Provider
Wallowa Mountain Properties, Inc., original listing
Name
Wallowa Mountain Properties, Inc.
Phone
(541) 432-7653
Office Name
Wallowa Mountain Properties
Office Phone
(541) 432-7653
Agent Name
Ross Rooper

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.