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Back on market -- no fault of the property. Nearly an acre of privately owned waterfront -- 300 feet of exclusive Fourmile Creek frontage on 0.91 acres of fee-simple land (not Forest Service). This is your shoreline: room to spread out, privacy, and direct water access from multiple points along your own creek bank. Turn-key 3BR/2BA home with new paint, new flooring, main-level primary suite, wet bar, and unobstructed views of Mt. McLoughlin and the Upper Klamath Wildlife Refuge. Oversized boathouse with in-water launch, two dock sets, 2-car garage plus ATV bay, fire pit, and multiple porches. World-class fly fishing, direct access to the 9.7-mile Upper Klamath canoe trail, spectacular bird migration each spring and fall. STR permit in place. Properties with this much private creek frontage rarely come to market. Owner is a licensed Oregon real estate broker.
Listing courtesy of Coldwell Banker Commercial Professional Group, agent Robert Jellesed, 541-608-2050
Data last updated July 24, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $559,000 · $140,000 down · 30 year term
Monthly cash flow, cap rate, and cash-on-cash return at this price. Every number is an estimate you can adjust to your own financing and rent.
Estimate $3,500 ($2,975–$4,025) · starting estimate. Edit to your own number.
At $699,000 with 20% down, this property runs $1,434 per month negative. Adjust the price, down payment, or rent to find what works.
Estimates only, not investment advice or a guarantee of rent, value, or return. Figures depend on the numbers you enter and current market conditions. Verify with your lender, tax advisor, and a Ryan Realty broker before you rely on them.
We pull climate risk data from FEMA flood maps, the Deschutes County wildland-urban interface map, and NOAA heat trends. Detailed scoring for this property is on request.
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