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243 Deeded Acres w/ Assignable Crown Lease RM 101
Terrell Rm No. 101 Terrell Rm No. 101 S0H 0E0

$550,000
Farm

Main Photo: 243 Deeded Acres w/ Assignable Crown Lease RM 101 in Terrell Rm No. 101: Farm for sale : MLS®# SK049618
Photo 1: 243 Deeded Acres w/ Assignable Crown Lease RM 101 in Terrell Rm No. 101: Farm for sale : MLS®# SK049618
Photo 2: 243 Deeded Acres w/ Assignable Crown Lease RM 101 in Terrell Rm No. 101: Farm for sale : MLS®# SK049618
Photo 3: 243 Deeded Acres w/ Assignable Crown Lease RM 101 in Terrell Rm No. 101: Farm for sale : MLS®# SK049618
Photo 4: 243 Deeded Acres w/ Assignable Crown Lease RM 101 in Terrell Rm No. 101: Farm for sale : MLS®# SK049618
Photo 5: 243 Deeded Acres w/ Assignable Crown Lease RM 101 in Terrell Rm No. 101: Farm for sale : MLS®# SK049618
Photo 6: 243 Deeded Acres w/ Assignable Crown Lease RM 101 in Terrell Rm No. 101: Farm for sale : MLS®# SK049618
Photo 7: 243 Deeded Acres w/ Assignable Crown Lease RM 101 in Terrell Rm No. 101: Farm for sale : MLS®# SK049618
Photo 8: 243 Deeded Acres w/ Assignable Crown Lease RM 101 in Terrell Rm No. 101: Farm for sale : MLS®# SK049618
Photo 9: 243 Deeded Acres w/ Assignable Crown Lease RM 101 in Terrell Rm No. 101: Farm for sale : MLS®# SK049618
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Photo 20: 243 Deeded Acres w/ Assignable Crown Lease RM 101 in Terrell Rm No. 101: Farm for sale : MLS®# SK049618
Photo 21: 243 Deeded Acres w/ Assignable Crown Lease RM 101 in Terrell Rm No. 101: Farm for sale : MLS®# SK049618
Photo 22: 243 Deeded Acres w/ Assignable Crown Lease RM 101 in Terrell Rm No. 101: Farm for sale : MLS®# SK049618
Photo 23: 243 Deeded Acres w/ Assignable Crown Lease RM 101 in Terrell Rm No. 101: Farm for sale : MLS®# SK049618
Photo 24: 243 Deeded Acres w/ Assignable Crown Lease RM 101 in Terrell Rm No. 101: Farm for sale : MLS®# SK049618
Photo 25: 243 Deeded Acres w/ Assignable Crown Lease RM 101 in Terrell Rm No. 101: Farm for sale : MLS®# SK049618
Photo 26: 243 Deeded Acres w/ Assignable Crown Lease RM 101 in Terrell Rm No. 101: Farm for sale : MLS®# SK049618
Photo 27: 243 Deeded Acres w/ Assignable Crown Lease RM 101 in Terrell Rm No. 101: Farm for sale : MLS®# SK049618
Status:
Active
Prop. Type:
Farm
MLS® Num:
SK049618
Opportunity knocks near Crane Valley, SK area — a rare opportunity to acquire 243.30 acres of deeded land with the potential of securing an additional 160.20 acres of Crown grazing lease land (subject to Ministry of Agriculture approval). If you’re looking to expand your cattle operation by adding on responsibly grazed land with reliable water sources, look no further. The deeded land is currently seeded to tame hay but could be put back into crop production, or keep the land in its current state and utilize the property for grazing livestock. The 243.30 acres of deeded land feature J & K SCIC soil class ratings, 145 SAMA cultivated acres and 84 SAMA native acres. There are 160.22 acres of Crown lease land which are not for sale but may be assignable to a qualified Buyer subject to approval by the Ministry of Agriculture. Buyer to due their own due diligence regarding their eligibility for assuming the Crown lease, and Seller/Sellers agent do not imply or guarantee any such approval. The property features perimeter 3 strand barbed wire fencing. Water is key for grazing, and this property is well-serviced with access to Lake of the Rivers and one dugout which is fed by a combination of a spring and runoff. The Crown lease grazing land may be assigned to a qualified buyer upon approval by the Ministry of Agriculture for a modest annual lease fee. Abundant water supplies, responsibly grazed land & the opportunity to add Crown lease land combine to make this an affordable opportunity to grow your cattle operation.
GPS pin available upon request.
Listing Area:
Terrell Rm No. 101
Property Type:
Farm
Property Sub Type:
Hay
Parcel Count:
6
Property Offered:
Land Only
Drinking Water: No, School Bus: Yes
Occupancy:
Owner
Lot Size:
243.3 acre(s)
Topography:
Mixed
Sloughs:
None
Stones:
Some
Nearest Town:
Crane Valley
# Metal Granaries:
0
# Wood Granaries:
0
Bush:
None
Fences:
Barbed Wire, Complete
Date Listed:
Days on Mkt:
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  • Photo 3: 243 Deeded Acres w/ Assignable Crown Lease RM 101 in Terrell Rm No. 101: Farm for sale : MLS®# SK049618
    Expansive, open field featuring natural grasses and a partial fence line
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    Expansive open field with natural prairie grasses and an established fence line
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    Expansive open land featuring natural grasses
  • Photo 6: 243 Deeded Acres w/ Assignable Crown Lease RM 101 in Terrell Rm No. 101: Farm for sale : MLS®# SK049618
    Expansive open land featuring natural grasses
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Listed by Sheppard Realty
Data was last updated September 29, 2026 at 09:35 AM (UTC)

Buying Farm & Land in Saskatchewan

Land listings cover a wider range than any other category. A 160-acre grain quarter, a five-acre lake lot, a mixed operation with a yard site and shop, and a bare parcel awaiting a build are all "land" — with completely different buyers, financing, and diligence. Knowing which category you're actually shopping is the first step.

Farmland is bought on productivity: SAMA soil final ratings, cultivated versus total acres, SCIC soil class and risk zone, and the price expressed per cultivated acre or as a multiple of assessed value. Acreages and hobby farms are bought on lifestyle, where the well, septic, heating fuel, outbuildings, and road access matter more than soil ratings. Recreational and bare land comes down to services, access, and what you're permitted to build.

What to Verify Before You Offer

Land deals fail on diligence more than on price. The recurring items: water (well depth, flow, and quality — or the cost of drilling), septic type and condition, heating fuel (propane costs differ meaningfully from natural gas), access and who maintains the road, lease status on farmland (many quarters are tenanted, sometimes with a right of first refusal), surface versus mineral title, and financing — rural lenders often cap the land value they'll finance, may exclude outbuilding value, and require larger down payments.

Ownership rules matter too: under The Saskatchewan Farm Security Act, non-Canadians and non-Canadian-controlled entities are generally limited to 10 acres unless the Farm Land Security Board grants an exemption. Our Saskatchewan farmland values guide covers the rules and current price trends in plain language.

Backed by a farm & land specialist

Gordie works with Optimum Realty's dedicated farm and land specialist, so land buyers get both a REALTOR® who knows how to run a purchase and someone who lives in the agricultural side of the market. Call or text 306-737-8888 to talk it through, or ask for a saved search on the parcels you're watching.

Saskatchewan farm & land questions

Canadian citizens, permanent residents, and 100% Canadian-owned entities can own Saskatchewan farmland without restriction. Everyone else is generally limited to 10 acres under The Saskatchewan Farm Security Act unless the Farm Land Security Board grants an exemption.

An acreage is a rural residence, typically on under 10 acres — a lifestyle property. A hobby farm adds productive use such as animals or hay, usually on 10 to 80 acres. A farm is a commercial agricultural operation, generally measured in quarter sections of about 160 acres. The distinction affects financing, taxes, and — past 10 acres — ownership eligibility.

Usually not. Most Saskatchewan land trades surface rights only — mineral titles are separate, and the Crown holds the majority of mineral rights in the province. When a listing does include mineral title, it's a value-relevant feature worth verifying on title before writing an offer.

It's different, not impossible. Lenders often cap the land value they will finance, may exclude outbuilding value entirely, and can require larger down payments than a city purchase. Farm Credit Canada and agricultural lenders handle farmland differently again. Getting financing structured before you shop prevents the most common reason rural deals fall apart.

Regina houses· Regina condos· Farmland values guide· Acreages near Regina

Gordie Chan, REALTOR® with Optimum Realty Inc., Regina

Gordie Chan

REALTOR®, Optimum Realty Inc. · Serving Regina for 20 years

Looking at land? Let's talk through what you're buying — and bring in Optimum's farm and land specialist where it helps.

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