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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.