13340 Crystal Springs Road, Klamath Falls, OR 97603
$12,500,000
Property Type:
Commercial Sale
Square Footage:
1,152
Lot Size (sq. ft.):
1,168,279
Status:
Active
Current Price:
$12,500,000
List Date:
7/24/2026
Last Modified:
7/29/2026
Description
Strategic geothermal and energy-development opportunity in the Olene Gap area of Klamath County. Offering includes the existing Olene O-1N deep geothermal well, drilled as part of a prior commercial geothermal power-development project, together with the surrounding land and improvements at 13340 Crystal Springs Road. The Olene Gap has a documented history of high-temperature geothermal exploration and development. Property includes a 1,152 SF residence, machine shed, barn and additional site improvements. Historical drilling records and geothermal documentation related to O-1N are available for review by qualified prospective purchasers. Potential applications may include geothermal power generation, energy-intensive development or other uses subject to required approvals and infrastructure. Buyer to independently investigate geothermal resource and suitability for intended use.
Supplements: ********
More Information MLS# 220225917
Location, Tax, and Legal
Section: Not Applicable
Parcel Number: 600656
Tax Map Number: 3910-02200-00500
Lot Size Acres: 26.82
Lot Size Square Feet: 1168279
Additional Parcels YN: No
Contract Information
Dual Listing YN: No
Original List Price: 12500000
Current Price: $12,500,000
Status: Active
List Price: $12,500,000
Listing Contract Date: 2026-07-24
Currently Not Used
List Price per SqFt: 10850.69
General Property Information
Building Area Total: 1152
Building Area Source: Assessor
Building Area Units: Square Feet
# of Units Total: 0
New Construction YN: No
Zoning: EFU-C
Tax Annual Amount: 1414.26
Tax Year: 2025
Potential Tax Liability YN: No
Assessment YN: Yes
CC&R's YN: No
Preferred Escrow Company & Officer: AmeriTitle - Melissa Cook
FIRPTA YN: No
Sign On Property YN: No
Year Built: 1983
Remarks and Miscellaneous
Public Remarks: Strategic geothermal and energy-development opportunity in the Olene Gap area of Klamath County. Offering includes the existing Olene O-1N deep geothermal well, drilled as part of a prior commercial geothermal power-development project, together with the surrounding land and improvements at 13340 Crystal Springs Road. The Olene Gap has a documented history of high-temperature geothermal exploration and development. Property includes a 1,152 SF residence, machine shed, barn and additional site improvements. Historical drilling records and geothermal documentation related to O-1N are available for review by qualified prospective purchasers. Potential applications may include geothermal power generation, energy-intensive development or other uses subject to required approvals and infrastructure. Buyer to independently investigate geothermal resource and suitability for intended use.
Directions: From Klamath Falls, take OR-140 E 4.6 miles. Turn right onto Crystal Springs Rd, veer right and continue approx. 1 mile. Property is on the west side.
Status Change Information
Back on Market Date: 2026-07-24
Status Change Timestamp: 2026-07-24
Business Type (AKA Sub Type)
Utility: 1
Basement
None: 1
Common Walls
No Common Walls: 1
Cooling
Central Air: 1
Construction Materials
Frame: 1
Flooring
Vinyl: 1
Listing Terms
Cash: 1
Owner Will Carry: 1
Foundation Details
Concrete Perimeter: 1
Flood
N/A: 1
Heating
Electric: 1
Forced Air: 1
Levels
One: 1
Roof
Shake: 1
Other Structures
Barn(s): 1
Workshop: 1
Window Features
Aluminum Frames: 1
Business Details
Business Included?: No
Parking Features
Gravel: 1
Power Production
None: 1
Sewer
Septic Tank: 1
Utilities
Electricity Connected: 1
Water Source
Well: 1
Parking Details
Parking: No
Documents on File
Well Data: 1
Special Listing Conditions
Standard: 1
Location Tax and Legal
Street Number: 13340
Street Name: Crystal Springs
Street Suffix: Road
County: Klamath
State: OR
Postal Code: 97603
Property Features
Basement: None
Common Walls: No Common Walls
Construction Materials: Frame
Cooling: Central Air
Flooring: Vinyl
Foundation Details: Concrete Perimeter
Heating: Electric; Forced Air
Levels: One
Roof: Shake
Window Features: Aluminum Frames
Business Type (AKA Sub Type): Utility
Flood: N/A
Utilities: Electricity Connected
Other Structures: Barn(s); Workshop
Parking Features: Gravel
Power Production: None
Sewer: Septic Tank
Water Source: Well
Documents on File: Well Data
Listing Terms: Cash; Owner Will Carry
Special Listing Conditions: Standard
Listing Office:
Coldwell Banker Holman Premier
Last Updated: July - 29 - 2026
Information deemed reliable but not guaranteed.