Rare opportunity for investors, builders, or buyers looking to add value in a prime Central Point location. Situated on 3.4 acres with 1.2 acres of irrigation rights, this property offers tremendous potential for renovation, expansion, or creating a custom country estate just minutes from town. The existing 1,040-square-foot home includes 2 bedrooms, 1 bathroom, and a bonus room/enclosed back porch. While the home could benefit from updates, the setting is exceptional. Backing directly to Fish and Wildlife OSR land, the property enjoys privacy, open space, and a peaceful rural atmosphere. A large shop (960 sq ft per County) with an attached ADU adds significant versatility. Properties with this combination of acreage, irrigation rights, privacy, and improvement potential are increasingly difficult to find. Bring your vision and unlock the possibilities this unique property has to offer.