Home for Sale at 150 Fern Road, Othello, WA 99344

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150 Fern Road
Othello, WA 99344

Flo Sayre with Land and Wildlife, original listing - (866) 559-3478

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Property Details

List Price:	$2,495,000
Beds:	3
Baths:	Full: 2
Status:	Active
SqFt:	2876 Square Feet
Agency:	Land and Wildlife
Agency Phone:	(866) 559-3478

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Description/Comments

Lot Size:	161 acre(s)
Garage:	Garage
Property Type:	Farm-Farm
Year Built:	--
Notes:	This is a unique agricultural opportunity featuring a comprehensive farm property and residential estate currently available for property encompasses approximately 160 total acres, including 24 acres of certified organic apples currently under lease. The operational infrastructure is extensive, featuring a 500-ton hay storage facility, a machine shed, and a 1-million gallon lined irrigation pond. The farm utilizes a well-maintained pivot irrigation system recently upgraded with GPS residence is a 2,876-square-foot rambler with a basement, originally built in 1959. The home includes three bedrooms, a den, an office, and both formal living and family rooms. Recent energy audit updates have been completed, including new windows, insulation, and HVAC systems, as well as a newer roof. Kitchen appliances and a water softener are included in the sale. Please note that the property utilizes a shared well with a formal maintenance agreement in place with the neighboring property to the the sale structure, the seller is willing to consider short-platting the house from the farm acreage. This option requires the buyer to cover the survey and short platting costs up to $10,000, which the seller will then credit against the purchase price of the home. To proceed with this option, the buyer must provide a loan pre-approval and non-refundable earnest land has a productive history with a crop rotation of alfalfa, wheat, potatoes, corn, and onions. The seller is currently in the process of negotiating a lease for the 2026 season. As this is an estate sale, please be advised that there are no seller disclosures let me know if you would like to schedule a viewing or if you require any additional information.
MlsNumber:	--
ListingId:	11739664

Listing Provided By:	Land and Wildlife, original listing
Phone:	(866) 559-3478
Office Phone:	(866) 559-3478
Agent Name:	Flo Sayre
Disclaimer:	Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HUD Foreclosures

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.

Free Foreclosure Listings

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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.

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Property Details

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Description/Comments

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HUD Foreclosures

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Foreclosure Listings Increasing