Listed by: Laura Knight · Keller Williams Realty Southern Oregon

$42,500Price cut $6,500
  • 5 acres

Peregrine Heights Unit 86, Klamath Falls, OR 97601

Est. $300/moPayment calculator
  • Residential LotsHome type
  • 5 acresLot
  • $55/moHOA

About this home

  • Listed May 15, 2026
  • 141 days on market
  • 29 photos

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.

Facts & features

Property

Lot size
5 acres
Subdivision
Gray Rock

View

  • Panoramic
  • Territorial

Construction

Home type
Residential Lots
Property type
Land

Utilities

Sewer & water

  • None
  • None water

Community & HOA

Subdivision
Gray Rock
HOA dues
$655 annually ($55/mo)
County
Klamath

Financial & listing details

List price
$42,500
Original list price
$49,000
Annual property tax
$363
Date on market
May 15, 2026
Days on market
141
MLS#
220221506

Price & status history

DateEventPrice
May 15, 2026Listed for sale$49,000

Neighborhood

  • SubdivisionGray Rock
  • CityKlamath Falls, OR 97601
  • CountyKlamath

Payment calculator

Estimated monthly payment

$300/mo

  • Principal & interest$215
  • Property taxes$30
  • Homeowners insurance$0
  • HOA dues$55

Loan amount $34,000 · 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 Keller Williams Realty Southern Oregon · Listing agent: Laura Knight

Source
MLS of Central Oregon
MLS#
220221506
Last updated
Jul 27, 2026 at 10:27 AM

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.