Discover an exceptional vacant land opportunity with abundant road frontage and a stunning hillside setting. This beautiful sloping parcel offers a panoramic view and depending on where you build, a distant lake view, creating an ideal backdrop for a custom home or private retreat. With a paved road for easy access and power available at the street, the property is ready for your vision to take shape. Ideally situated a minutes drive to the back gate, this location offers added convenience while maintaining a sense of privacy and seclusion. Enjoy the rare combination of being just minutes from town while nestled in the hills among breathtaking views and natural beauty.
Offering an owner carry option with acceptable credit and down payment.
Active
Price cut: $6.5K (6/29)
$42,500
Peregrine Hts #86, Klamath Falls, OR 97601
--beds
0baths
5Acres
Residential Lots, Land
Built in ----
5 Acres Lot
$-- Zestimate®
$--/sqft
$55/mo HOA
What's special
Panoramic viewStunning hillside settingBeautiful sloping parcelAbundant road frontageDistant lake view
- 107 days
- 95
- 11
Zillow last checked:
Listing updated:
Listed by:
Keller Williams Realty Southern Oregon 541-608-0447
Source: Oregon Datashare,MLS#: 220221506
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Features
- Has fireplace: No
Property
Features
- Fencing: None
- Has view: Yes
- View description: Panoramic, Territorial
Lot
- Size: 5 Acres
- Features: Sloped
Details
- Parcel number: 893496
- Zoning description: R5
- Special conditions: Standard
Utilities & green energy
- Sewer: None
- Water: None
- Utilities for property: Electricity Available
Community & HOA
Community
- Subdivision: Gray Rock
HOA
- Has HOA: Yes
- Amenities included: Gated, Snow Removal
- HOA fee: $655 annually
Location
- Region: Klamath Falls
Financial & listing details
- Annual tax amount: $363
- Date on market: 5/15/2026
- Cumulative days on market: 107 days
- Listing terms: Cash,Owner Will Carry
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Price change | $42,500-13.3% |
Source: | ||
| 5/15/2026 | Listed for sale | $49,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 97601
Nearby schools
Schools provided by the listing agent
- Elementary: Klamath Falls City Schools
- Middle: Ponderosa Middle
- High: Klamath Union High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






