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

Overview

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.

Listing Details MLS# 220225917

General Property Information

Building Area Total
1152
Building Area Source
Assessor
Building Area Units
Square Feet
Year Built
1983
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

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

Location Tax and Legal

Street Number
13340
Street Name
Crystal Springs
Street Suffix
Road
County
Klamath
State
OR
Postal Code
97603

Contract Information

Original List Price
12500000
Listing Contract Date
2026-07-24
Dual Listing YN
No

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

More Information

Currently Not Used

List Price per SqFt
10850.69

Business Details

Business Included?
No

Parking Details

Parking
No
Listing Office: Coldwell Banker Holman Premier
Last Updated: July - 29 - 2026
Information deemed reliable but not guaranteed.