Listed by: Joshua Nathan Butler · Stellar Realty Northwest

$199,000
  • 4.34 acres

U.S. 97 Unit 201, Chemult, OR 97731

Est. $1,023/moPayment calculator
  • CommercialHome type
  • 4.34 acresLot
  • NoneHOA

About this home

  • Listed Oct 8, 2026
  • 0 days on market
  • 12 photos

Don't miss this opportunity! A prime high-visibility commercial property in Chemult, Oregon! Located at the strategic junction of Highway 97 and Highway 138 near Diamond Lake Junction. Zoned RSC-C Commercial, this site offers outstanding exposure and strong development potential, with nearly 2,400 vehicles per day on Highway 138 alone, plus additional traffic from Highway 97. Ideally positioned near the year-round recreation destinations of Crater Lake and Diamond Lake, the property may also benefit from a planned Diamond Lake solar project nearby. The property was previously approved for septic and may offer excellent well-water potential. 16 Miles to Crater Lake National Park and 19 Miles to Diamond Lake, and halfway between Klamath Falls and Bend on Highway 97. Approximate GPS coordinates: 43.07761, -121.82652.

Facts & features

Property

Lot size
4.34 acres
Subdivision
N/A

View

  • Forest

Construction

Home type
Commercial
Property type
Land

Utilities

Sewer & water

  • Perc Test On File
  • None water

Community & HOA

Subdivision
N/A
HOA dues
None
County
Klamath

Financial & listing details

List price
$199,000
Annual property tax
$207
Date on market
Oct 8, 2026
Days on market
0
MLS#
220229773

Price & status history

DateEventPrice
Oct 8, 2026Listed for sale$199,000

Neighborhood

  • SubdivisionN/A
  • CityChemult, OR 97731
  • CountyKlamath

Payment calculator

Estimated monthly payment

$1,023/mo

  • Principal & interest$1,006
  • Property taxes$17
  • Homeowners insurance$0
  • HOA dues$0

Loan amount $159,200 · 30-year fixed at 6.5%

Down payment
Loan term

An estimate for planning, not a loan offer. The 6.5% rate is an example; ask a lender for today’s rate. Taxes use the listing’s annual tax amount. Insurance is estimated; mortgage insurance is not included.

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MLSCO

Listing provided by Stellar Realty Northwest · Listing agent: Joshua Nathan Butler

Source
MLS of Central Oregon
MLS#
220229773
Last updated
Oct 8, 2026 at 3:37 PM

Listing information is deemed reliable but not guaranteed and should be independently verified. Listings shown are for demonstration while our MLS of Central Oregon IDX feed is being set up.