Opportunity awaits on this 7.81-acre property by Lost Creek Lake in beautiful Prospect, Oregon. With a mix of open meadows and wooded areas, this land offers great potential for someone ready to build their dream home. One side of the property backs up to BLM land, offering added privacy and recreational possibilities. The existing home holds no value and the property will require some cleanup around the homesite—but it's priced to sell and ready for your vision. The property includes 1 acre of water rights (per seller), an existing well, septic system, and power on site—making it a ready-to-go homesite. A detached garage/shop provides ample storage or workspace, and the garden areas add charm and character. Seller will consider owner carry with half down! Buyer and buyer's agent to perform all due diligence and verify all information provided