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©
2002 Display
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contents of the on-line edition of The Nugget represent a selection
among the stories that appear in the weekly print edition. |
Lazy
Z parcels offered for sale
Some estate-like
mansions, a new stable complex, and more wildlife preserves might make their
appearance in Sisters, following the sale of millions of dollars of undeveloped
Lazy Z property.
Lazy Z owner David Herman
worked with the county and Realtor Jackie Herring of Coldwell Banker/Reed
Bros. Realty to divide the approximately 1,300-acre ranch into 13 parcels.
Nine of those parcels are for sale and are located along both sides of
the Sisters-Bend highway (20) at the east entryway to town. Property is
also located along Jordan Road and the Redmond highway (126).
Hopes are to preserve the
area's old West, ranch-style appearance, which is so dear to Sisters,
according to the developers. Herring said he does not anticipate any changes
that would upset that scenery. He said he envisions wide farmlands full
of geese, deer, cattle and horses.
He said he expects the area
to look similar to Cascade Meadow Ranch.
The parcels range from 4.7
to 251 acres and are selling for $160,000 to $2.5 million. The Herman
family of Portland purchased the ranch for $6,120,000 from the family
of Joan (Hull) Koops in April 2001.
If each parcel is sold at
the marketed price, figures indicate Herman would sell the land at an
approximate $5 million increase. Still, Herman said he did not have an
estimation of the potential profit. He said work to repair the ranch has
cost him an excess of $1.5 million. Repair work has included rebuilding
the irrigation system, replenishing pastures, replacing the windows and
walls of the 5,400-square-foot main house, rebuilding fences, and clearing
600 acres of logging waste.
Herman said he does not count
on making an astronomical profit on the land, but chose to buy the Lazy
Z ranch because he enjoys the location, which is near his mother and relatives.
The ranch work, however, appears
to please the wild animals, which are finding a new favorite habitat near
the ranch's creeks. More deer, geese, bald eagles, golden eagles, badgers,
sage rats and coyotes have flocked to the land since Herman put a temporary
hold on hunting when he purchased the ranch. Also the animals are attracted
to the rehydrated green grass, Herman said.
The horses also have found
a favorite hodge-podge next to their new friends -- sculptures of several
running horses along the south side of the Bend highway. The sculptures,
which Herman imported last January, draw horses who like to rub against
them to shed their hair.
"The wildlife is an enhancement,"
Herman said. "That's what people are coming to this area for. They're
not coming here to get many, many pounds of beef anymore like they did
in the 1950s. Now, it's a big deal here for people to see the wildlife."
Herring said he and Herman
chose to divide the land into fewer lots with more land to maintain a
ranch-like setting.
Herman sold an 84-acre parcel
and a 20-acre parcel in 2001. Both parcels are located at the far west
end of the ranch. Bruce Rognlien, who purchased the 84 acres, has turned
the land into a wildlife preserve, Herring said.
Once sold, options for the
remaining properties are to house estate homes, cattle pens, or other
wildlife preservations, Herring said. Besides the ranch's existing white
main house, four parcels are positioned so there is potential for four
other homes to be seen from the Bend-Sisters Highway, Herring said. The
homes, however, would be removed quite a distance from the highway, and
would show $350,000 to $500,000 homes on the two smallest parcels, and
$2 to $4 million homes on the two larger parcels, Herring said.
Deschutes Basin Land Trust
has shown interest in purchasing some of the land for wildlife enhancement,
Herman said.
Herman is planning to keep
a 241-acre parcel, which is located on the south side of the highway,
beginning near Oregon Log Homes and running west, Herman said. Herman
said he might use this land to begin to build a new barn, a tack room,
a welcome center, and an arena within the next two years.
Herman owns about 150 horses
at Black Butte Stables, Klamath Falls, Eagle Crest, and the Lazy Z, which
he rents for rides. Herman currently has 42 horses at the Lazy Z for trail
rides, wagon rides and riding lessons, which is more than double the number
he had when he purchased the ranch.
With these horses, riding
business at the Lazy Z alone has jumped 15 to 20 percent each year, averaging
about 8,000 rides in the past year, Herman said.
Herman also imported 300 young
horses from Portland last October and has subsequently trained and sold
164 of those horses for $700 to $4,000.
Besides the stable complex,
Herman said he does not anticipate any other major changes to the site.
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