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21501 East Odell Rd P.O. Box 1159, Crescent, OR 97733

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For Sale
Sale Pending

$4,100,000

21.6 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 21.6 acres
    Lot size

Explore this Property

ODELL LAKE RESORT 21501 E Odell Rd, Crescent Lake, OR WELCOME to this once in a lifetime Business Opportunity to own a piece of Oregon history. Odell Lake Resort is a year-round paradise perfectly situated at the east end of Odell Lake in the beautiful Deschutes National Forest at the summit of the Willamette Pass (approximately 5,000 ft). Odell is a glacial lake with an average depth of approximately 300'. The water level remains consistent from year to year, and spans 6 miles east~west by 1.5 miles north~south with Trapper Creek, and other smaller streams and springs, naturally feeding it. Odell Creek supplies the lake's outlet and runs majestically through the Resort property as it continues flowing northeast into Davis Lake. The beautiful Diamond Peak Wilderness lies adjacent and provides amazing hiking opportunities to multiple smaller lakes, including Fawn Lake, and easy access to the Pacific Crest Trail. LOCATION of this mountain resort by vehicle is an easy 75 miles from Eugene by way of Highway 58, 65 miles from Bend, Oregon, and just minutes from Willamette Pass Ski area for snowboarding and downhill skiing. Strategically located on the edge of the resort property is an airstrip, just right for small private planes, which provides additional options for travel in and out. A trip to Odell is a bucket list destination for many travelers near and far. The resort has been host many times to world travelers seeking an authentic Pacific Northwest mountain experience! ESTABLISHED in 1903, Odell Lake Resort carries a rich history as one of the oldest resorts in Oregon. Guests come to relax and enjoy nature with family and friends with a wide range of amenities and more than enough activities to suit everyone. The resort is absolutely perfect for weddings, reunions, church groups, corporate events and retreats with multiple gathering options. FISHING at Odell is world-class and home to the state record Mackinaw at 40 1/2 lbs. Odell Lake Resort is host to the annual Mackinaw Derby which focuses on trophy fishing and participation in this well respected Derby continues to increase every year. Kokanee (sockeye salmon) are also plentiful along with native Rainbow Trout and white fish along the shoreline. Fishing guides are available to guests to secure their catch of the day and school them in successfully fishing this amazing lake, and the Tackle Shop carries tackle specifically designed and to set an angler up for success. The MAIN LODGE consists of a check-in/concessions/rental area, gathering room, a full-service RESTAURANT which seats up to 50 inside, 40 on the lakeview patio and 80 on the deck. There are seven lodge ROOMS, 14 CABINS which sleep 4 to 16 guests each, and a CAMPGROUND with 25 oversized sites; 12 of which are lakeside. Odell Lake Resort operates 365 days a year under a special use permit from the United States Forest Service and offers an excellent return on investment with a CAP RATE of nearly 12%. There are up to 12 winter employees and approximately 18 summer employees. ADDITIONAL AMENITIES Hiking and Biking Trails 50 Slip Marina Fish Cleaning Station Marina Gas Pump Maintenance Garage/Shop Pole Barn/Building--supplying storage for Boats in winter, Snowmobiles in summer and Stabling of Horses throughout the year Fenced Horse Corrals Professionally Groomed Trails for X-Country Skiing, Snowshoeing, Sleigh Rides and Horseback riding Day use area along Odell Creek for Weddings and Special Events Employee Housing area RENTALS Motor Boats, Canoes, Kayaks, Paddle Boards Mountain Bikes Fishing Rods and Tackle Marina Slips and Guided Fishing Guided Horseback, Summer Wagon Rides & Winter Sleigh Rides (Owner is happy to discuss options for continuing a horse program. The horses, sleigh & wagon pictured are not included with sale.) Snowmobiles, X-Country Skis and Snowshoes Feel free to visit the Odell Lake Resort website and call Listing Agent/Owner, Konni Ditgen, for more information @ (541) 520-7160 . PLEASE do not contact the Resort directly. Thank you!
MLS# 42645

Courtesy Of Land and Wildlife LLC - Medford

(866) 559-3478

Property Features

  • Amenities
    Dock
  • Architecture Style
    Other
  • Lot Size
    21.6 Acres

Map and Directions

Directions to 21501 East Odell Rd P.O. Box 1159, Crescent, OR 97733

Home seller CENTURY 21 North Homes Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 North Homes Realty

(541) 593-8688
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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