Premium fertile bottom ground overlooking historic Oakland, OR with 3000 ft of Calapooya Creek frontage & water rights. This year round, salmon bearing stream is a major tributary to the Umpqua River basin. There are approximately 17 acres of high value class 2 soils uniquely suited for a wide variety of applications with minimal agriculture limitations. Currently planted with over 17,000 Christmas trees that are a mix of ages & species to support 5-7 years of income production. If Christmas trees are not your desired use, the current inventory can be liquidated wholesale rapidly to clear the way for a multitude of other businesses or agricultural uses. This unique property in total offers 42 acres comprised of 4 legal lots of record, providing flexibility to tailor the configuration to your specific goals. This high value farmland includes 2 homes: 4000 sqft main home & 1700 sqft guest home, newly rebuilt 1500 sqft shop with bathroom, & 900 sqft equipment shed. The main home offers 4 bedrooms (main level primary suite); 2.5 baths; oak hardwood floors; & gourmet kitchen with granite counters, high-end appliances, & custom cherry cabinets. The living room features a 20ft floor-to-ceiling stone fireplace with natural gas & built-in cabinets. The laundry room & mud room offer custom cabinetry, tile floors, & hidden dog feeding area. The exterior is a thoughtful landscaping oasis with relaxing water feature, outdoor kitchen, wraparound patio with hot tub, & cantilever deck. The completely remodeled guest home offers 2 bedrooms, 1 bath, perfect for multi-generational living or produce extra income as an established short term rental. The shop is currently under construction with completion expected in the next 60 days. This structure will be all new (except block exterior walls) with updated electrical. This property offers tremendous tax benefits, robust income potential, & incredible flexibility with tree inventory completely discounted for immediate equity!