Description
Wood-N-Peg Ranch - 2,170 Deeded Acres + Grazing Allotment Permits - Termo, Lassen County, CA. For the first time in several decades, the Wood-N-Peg Ranch is available for purchase. This historic property presents an unparalleled opportunity for ranchers, investors, and outdoor enthusiasts alike. With a strong foundation for a cow/calf operation and recreational use, this expansive ranch is ready for revitalization and growth. Exceptional Features: Expansive Acreage – 2,170 deeded acres of prime ranch land. Grazing Rights – Includes a BLM Grazing Allotment (Williams Individual Allotment #00406) covering approximately 5,328 acres. Water Resources – 6 wells on the property and a year-round creek. Irrigation Potential – Approximately 1,140 acres suitable for flood irrigation with room for pivots, wheel lines, or ditch irrigation. Rich Agricultural Land – Fertile soil offering strong productivity potential. Structures & Infrastructure – Hay barn, historic wooden barn, brick shop building, and various additional outbuildings requiring renovation. Hunting Paradise – Located in the X5a hunting zone, with potential for landowner tags?. A Value-Add Opportunity. The Wood-N-Peg Ranch presents a true sweat-equity investment. While the improvements require attention, the bones of this ranch offer a solid base for restoration and modernization. With ample water, fertile land, and vast grazing capabilities, the potential for transformation into a high-functioning cattle or hay operation is immense. Whether you're an experienced rancher looking to expand your operation, an investor seeking a prime land opportunity, or an outdoor enthusiast drawn to the rugged beauty and abundant wildlife, this ranch delivers unmatched potential. Don’t miss your chance to own a slice of Northern California’s ranching heritage. Contact us today to schedule a tour and experience the possibilities of the Wood-N-Peg Ranch firsthand!
Location
Listed By
Similar Listings
$2,700,000
MLS# 260004449
ACTIVE
Listing Office: Real Broker LLC

$2,295,950
MLS# 260001618
ACTIVE
Listing Office: Dickson Realty - Caughlin

$2,395,000
MLS# 250052102
ACTIVE
Listing Office: Berkshire Hathaway HomeService

$2,400,000
MLS# 240008250
ACTIVE
Listing Office: Chase International - ZC

$2,499,000
MLS# 190015415
ACTIVE
Listing Office: NVG Properties LLC

$2,795,000
MLS# 20252636
ACTIVE
Listing Office: Martis Camp Realty, Inc.

$2,250,000
MLS# 20252124
ACTIVE
Listing Office: Sierra Sotheby's Int - Rock

$2,500,000
MLS# 1010256
ACTIVE
Listing Office: Chase International

No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
The information being provided is for consumers' personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed
© Copyright Tahoe Sierra Multiple Listing Service. All rights reserved. Updated: 17th April, 2026 11:39 PM (UTC)
The information being provided is for consumers' personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed
© Copyright Tahoe Sierra Multiple Listing Service. All rights reserved. Updated: 17th April, 2026 11:39 PM (UTC)









