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Acreage with Home, Views, Barn, Pond & Water Rights near Klamath Falls, Oregon. Enjoy wide-open space & sweeping mountain & valley views on this beautiful 28+ acre property just outside of town. The well-maintained 3 bed, 2 bath 2324 SF home offers comfortable single-level living with large windows, abundant natural light, & a covered porch perfect for taking in the scenery. The property is well-equipped with a barn featuring horse stalls, loft, & shop area, plus additional covered storage for hay, equipment, or RV parking. Additional improvements include a garden shed, attached 2-car garage, & small pond. Irrigation equipment and District Water Rights are included, making this an excellent option for horses, hobby farming, or simply enjoying the land. If you're looking for a turnkey rural property --this one checks all the boxes. Private, functional, & just minutes from town, this property offers the space and flexibility to fit a variety of lifestyles
Listing courtesy of Crater Lake Realty,Inc., agent Andra Wessel
Data last updated July 12, 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 $788,000 · $197,000 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 $4,925 ($4,175–$5,675) · starting estimate. Edit to your own number.
At $985,000 with 20% down, this property runs $1,747 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.
Get the climate reportWe compute vacation rental projections from comparable short-term rentals in the same community, weighted by bed count, view, and amenities. A custom projection for this property is on request.
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