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For sale by owner
  • $659,000

    42125 Lakewoods Dr, Klamath Falls, OR 97601

    3beds
    2,490sqft
    : 
    $4,388/mo
    Get pre-qualified
    Unknown
    Built in 2005
    -- sqft lot
    $569,400 Zestimate®
    $265/sqft
    $80/mo HOA

    What's special

    Floor-to-ceiling rock fireplaceMassive bonus roomGrilling deckCentral vacuumFirepit area
    THE LAKE OF THE WOODS CHALET A Turnkey Mountain Retreat & Proven Income Producer Offered at $659,000 | Fully Furnished THE PROPERTY Nestled on over an acre of mature pines, this 2,490 sq. ft. custom chalet (3 Bed / 3 Bath) current setup at a 4 Bedroom/Gameroom with an additional bunk room, sleeping 12 comfortably, offers the quintessential Oregon mountain experience. Featuring soaring 29’ vaulted ceilings, a floor-to-ceiling rock fireplace, and a massive bonus room, it is the perfect blend of luxury and rustic charm. INVESTMENT HIGHLIGHTS Fully Turnkey: Sale includes all new high-end mattresses, speed queen commercial laundry, furnishings, and decor—ready for immediate occupancy or continued rental. Top-Rated AirBnB: Features a rare 5-Star Guest Rating with a history of excellent reviews. Strong Yield: Boasting $23,000 in annual revenue from 12 Guest visits, with significant upside potential for active management. Or enjoy the home all to yourself as a Turnkey vacation property ready for year round fun! PREMIUM FEATURES Mountain Ready: Full backup generator with auto-transfer, central vacuum, propane assist wood burning fireplace, intsa hot water heater, and dual-zone climate control 2x propane furnace and 2x air-conditioning units. Prime Location: Minutes from Lake of the Woods for world-class fishing, boating, and snowmobiling. Privacy: Situated on a quiet cul-de-sac with an expansive 1.03-acre lot. Firepit area, paved driveway with attached garage (huge winter benifit), grilling deck and covered front porch with 3 cords seasoned post pine.
    118 days
    |
    238
    |
    2
    |
    Listed by:

    Property Owner (503) 210-1279

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Forced air, Heat pump, Electric, Propane / Butane
      Cooling
      • Central
      Appliances
      • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
      Features
      • Flooring: Tile, Carpet, Linoleum / Vinyl
      • Basement: None
      • Has fireplace: Yes
      Interior area
      • Total interior livable area: 2,490 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage - Attached
      Features
      • Exterior features: Wood, Metal
      • Has view: Yes
      • View description: Mountain
      Lot
      • Size: 1.03 Acres
      Details
      • Parcel number: 00071683

      Construction

      Type & style
      • Home type: Unknown
      Materials
      • Foundation: Concrete Block
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2005

      Community & HOA

      HOA
      • Has HOA: Yes
      • HOA fee: $80 monthly
      Location
      • Region: Klamath Falls

      Financial & listing details

      • Price per square foot: $265/sqft
      • Tax assessed value: $558,760
      • Annual tax amount: $3,805
      • Date on market: 4/8/2026

        Estimated market value

        $569,400

        $490,000 - $638,000

        $2,608/mo

        Price history

        DateEventPrice
        4/8/2026Listed for sale$659,000+10%$265/sqft
        Source: Owner Report a problem
        9/15/2023Sold$599,000$241/sqft
        Source: Oregon Datashare #220167535 Report a problem
        8/7/2023Pending sale$599,000$241/sqft
        Source: Oregon Datashare #220167535 Report a problem
        8/1/2023Price change$599,000-6.3%$241/sqft
        Source: Oregon Datashare #220167535 Report a problem
        7/10/2023Listed for sale$639,000+6.5%$257/sqft
        Source: Oregon Datashare #220167535 Report a problem
        12/6/2022Listing removed$599,999$241/sqft
        Source: Oregon Datashare #220143127 Report a problem
        8/24/2022Price change$599,999-14.3%$241/sqft
        Source: Oregon Datashare #220143127 Report a problem
        5/26/2022Price change$700,000-4%$281/sqft
        Source: Oregon Datashare #220143127 Report a problem
        4/12/2022Listed for sale$729,000-23.2%$293/sqft
        Source: Oregon Datashare #220143127 Report a problem
        4/8/2005Sold$949,000$381/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,805 +3%$380,560 +3%
        2024$3,695 +4.1%$369,480 +3%
        2023$3,551 +2.6%$358,720 +3%
        2022$3,460 +3.3%$348,280 +3%
        2021$3,349 +3.4%$338,140 +3.3%
        2020$3,237 -0.6%$327,320 -0.3%
        2019$3,256 +3%$328,300 +3%
        2018$3,162 $318,740 +0.4%
        2017$3,162 +2.7%$317,450 +3%
        2016$3,080 $308,210 +10.4%
        2015$3,080 +10.5%$279,300 +21.9%
        2014$2,787 +23.7%$229,120
        2013$2,253 $229,120
        2012-- $229,120 -14.9%
        2011$2,450 +39.5%$269,140 +45.8%
        2010$1,757 -38.4%$184,590 -38.3%
        2009$2,850 +2.6%$299,240 +3%
        2008$2,777 +4.7%$290,530 +9.5%
        2007$2,652 +4.5%$265,210 +4.5%
        2006$2,537 $253,691 +535.8%
        2004-- $39,900
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 97601

        Getting around

        0 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        14 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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