There’s a piece of land near Prineville that’s perfect for anyone wanting terrific alpine views, lots of space to roam and not a neighbor in sight. But a sizable piggy bank is needed to close the sale — $60 million.

What you’ll get in return is 40,040 acres of land in the Ochoco Mountains 11 miles east of Prineville. As a size comparison, 40,040 acres is roughly twice the size of Bend.

The sale of large tracts of land comes as property owners contend with climate change and wildfire risk management. But with the risks also come opportunities. Potential Trump administration tariffs on wood from Canada could make commercial logging in the U.S. an attractive investment.

Tracts of wooded land also have potential for investment as carbon forest projects that earn the attention of businesses looking to reduce their carbon footprint. These areas are also increasingly popular as big game hunting preserves.

The real estate on offer, Ochoco Ranch, is just one of several large private land holdings currently selling in Central Oregon. The others include Opal Mountain Ranch, a 16,981-acre property 25 miles northeast of Prineville.

Ochoco Ranch is chock full of wildlife, including elk, mule deer, antelope, black bear and cougar. The area is heavily timbered and has 19 miles of creeks and streams, some with rainbow and brook trout. There are also 65 year-round springs.

Ochoco Ranch has been on the market for around eight months. Jake Polvi, principal broker at Polvi Real Estate, which specializes in rural properties, said it usually takes 12 to 18 months to sell a large property.

There’s also the option of shearing off a piece of a larger ranch. For example, the 9,091-acre Valpey Butte Ranch ($14.5 million) and the 3,685-acre Pilot Butte Ranch ($6.5 million) are parts of the larger Ochoco Ranch.

Another large property in Central Oregon is Skyline Forest just west of Bend, a 32,000-acre piece of property going for $95 million.

In addition to logging, hunting, recreation and livestock the properties are billed as so-called Carbon Ranches. These carbon projects generate additional annual cash flows through carbon offset sales under regulations disseminated by the California Air Resources Board and the Washington State Department of Ecology.

Polvi says recent market trends are for real estate investors to increase their holdings. It’s not uncommon to see large ranches or timber tracts on the market, he said.

“The activity in land transactions is consistent with what we have seen over the last five years. It’s helpful to have some properties actually available publicly, which opens the buyer pool,” said Polvi. “We’re experiencing interest from buyers all over the USA and the world.”

Polvi says high interest rates typically don’t impact large properties because typical buyers in this market pay cash. In the case of Skyline Forest, it was last purchased in 2015 by Chinese billionaire Tianqiao Chen.

Large land holdings currently on the market in Central Oregon:

Ochoco Ranch

40,040 acres | $60,000,000

Located 11 miles east of Prineville, the ranch has no public access and borders on the Ochoco National Forest. The ranch has an elevation range from 3,800ft to 5,600ft. Hunting and fishing are permitted and wildlife is abundant. The ranch was originally set up in the 1930s for timber harvesting by the Ochocoo Lumber Company of Prineville.

Opal Mountain Ranch

16,981 acres | $9,500,000

Located 25 miles northeast of Prineville, this legacy recreation timber ranch has wildlife, water resources and logging potential. Four miles of the property borders on Ochoco National Forest. Rocky Mountain elk, Mule deer, Pronghorn antelope, bear, cougar, pheasant, chukar, wild turkey and quail are all found on the property. An estimated $136,000 can be made annually just from carbon sequestration projects.