Welcome to a residence that redefines luxury living in Klamath Falls. Set on 27 irrigated acres surrounded by expansive farmland, this private retreat offers a rare blend of elegance and functionality. The main home and separate guest wing (4 bed/3 bath with private entrance) are connected by a spacious recreation room featuring a full bar, pool table, multiple TVs, and a cozy loft beneath 28' vaulted tongue-and-groove ceilings. The gourmet kitchen boasts granite countertops, alder cabinets, and stainless steel appliances, all oriented to enjoy the stunning views and open interaction with guests. The main-floor primary suite includes a fireplace, jetted tub, tile shower, and heated tile flooring. The large insulated shop, ample storage, and walk-in closets round out the property's offerings. Only 15 minutes from downtown Klamath Falls and approximately 90 minutes from commercial air travel in Medford, the estate offers both seclusion & convenience to shopping, dining, and recreation. Klamath Falls is renowned for its world-class fly fishing opportunities, particularly within the Klamath Basin. The region boasts diverse waters, including spring-fed rivers and alkaline lakes, offering anglers the chance to catch trophy-sized trout in stunning natural settings. Hunting around Klamath Falls offers diverse opportunities thanks to its rich mix of forests, wetlands, and high desert terrain. The region is well known for its populations of mule deer, elk, black bear, and upland game birds like chukar and quail. Waterfowl hunting is particularly notable, with the Klamath Basin serving as a major stopover on the Pacific Flyway. Public lands and wildlife refuges provide accessible and varied terrain for hunters of all experience levels. With strong conservation efforts in place it continues to be a prime destination for both big game and bird hunting.
For sale
$2,875,000
4975 Chilly Valley Ln, Klamath Falls, OR 97603
7beds
8,950sqft
Single Family Residence
Built in 2011
27.84 Acres Lot
$-- Zestimate®
$321/sqft
$-- HOA
What's special
Large insulated shopStunning viewsPool tableAmple storageMultiple tvsSurrounded by expansive farmlandSpacious recreation room
- 302 days |
- 426 |
- 14 |
Zillow last checked:
Listed by:
Kyle Rogers,
Keller Williams Realty Central Oregon 541-585-3760
Source: REALSTACK,MLS#: 81962
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 9
- Full bathrooms: 7
- 1/2 bathrooms: 2
Heating
- Forced Air, Electric, Natural Gas
Cooling
- Other
Features
- Flooring: Concrete, Hardwood, Tile
- Basement: Yes
Interior area
- Total structure area: 8,950
- Total interior livable area: 8,950 sqft
Video & virtual tour
Property
Lot
- Size: 27.84 Acres
Details
- Parcel number: 00886944
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Wood Products
- Roof: Asphalt,Composition
Condition
- Year built: 2011
Community & HOA
Location
- Region: Klamath Falls
Financial & listing details
- Price per square foot: $321/sqft
- Tax assessed value: $1,761,690
- Annual tax amount: $14,457
- Date on market: 9/11/2025
- Lease term: Contact For Details
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$3,547/mo
Price history
| Date | Event | Price |
|---|---|---|
| 1/2/2026 | Listing removed | $4,322 |
Source: Zillow Rentals Report a problem | ||
| 12/4/2025 | Listed for rent | $4,322 |
Source: Zillow Rentals Report a problem | ||
| 5/23/2025 | Listed for sale | $2,875,000-0.7%$321/sqft |
Source: | ||
| 4/19/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 1/19/2025 | Listed for sale | $2,895,000+0.7%$323/sqft |
Source: Owner Report a problem | ||
| 5/9/2024 | Listing removed | $2,875,000$321/sqft |
Source: | ||
| 5/8/2023 | Listed for sale | $2,875,000-4%$321/sqft |
Source: | ||
| 2/1/2023 | Listing removed | $2,995,000$335/sqft |
Source: | ||
| 8/27/2022 | Price change | $2,995,000-7.8%$335/sqft |
Source: | ||
| 1/19/2022 | Listed for sale | $3,250,000+1226.5%$363/sqft |
Source: | ||
| 2/14/2007 | Sold | $245,000$27/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $14,457 +3.4% | $1,219,310 +2.5% |
| 2023 | $13,975 +3.2% | $1,189,432 +3.4% |
| 2022 | $13,545 +3.3% | $1,150,043 +3% |
| 2021 | $13,113 +3.1% | $1,116,709 +2.9% |
| 2020 | $12,724 +2.6% | $1,085,415 +2.9% |
| 2019 | $12,397 +3.1% | $1,055,114 +3.1% |
| 2018 | $12,023 | $1,023,450 +3.1% |
| 2017 | $12,023 +5.6% | $992,940 +3.1% |
| 2016 | $11,381 | $963,550 +3.1% |
| 2015 | $11,381 +3.4% | $934,620 +3.2% |
| 2014 | $11,006 +4.9% | $905,910 +2.1% |
| 2013 | $10,489 | $887,110 +3% |
| 2012 | -- | $861,630 +3.3% |
| 2011 | $9,083 +674% | $833,980 +674.9% |
| 2010 | $1,174 | $107,630 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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: 97603
Nearby schools
GreatSchools rating
- 5/10Henley Elementary SchoolGrades: K-6Distance: 2.2 mi
- 4/10Henley Middle SchoolGrades: 7-8Distance: 2 mi
- 8/10Henley High SchoolGrades: 9-12Distance: 2.1 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Klamath County
- Klamath Falls
- 97603
- 4975 Chilly Valley Ln


