Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Paragon Way Klamath Falls, OR 97601

    For Sale
    $120,000

    Residential Lots - Klamath Falls, OR

    Lot size:
    1.84 Acres
    Days on Market:
    117
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for Paragon Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R2
    APN
    319220
    Lot size
    1.84 Acres

    Building Details

    Architectural style
    Other

    Lester Realty, Inc. (541) 882-8788

    Listing agent Carrie Anderson (541) 882-8788 License #201259228

    Listing date Aug 19, 2025

    MLS# 220204166 Listing URL

    Copyright © 2025 Klamath County Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Klamath Falls Residential Lots For Sale

    These 1.84 acre residential lots are located in Mountain Lakes Homesites, a short distance from Lake of the Woods and Rocky Point Resort. The property is near Sky Lakes Wilderness, offering opportunities for fishing, hiking, biking, paddle boarding, kayaking, and boating. The location is less than 45 minutes from Klamath Falls and just under an hour from Medford. The lots feature mature pine trees, a well, pump, septic system, and power. The property is zoned R2 and suitable for building a vacation home or short-term rental, or for year-round mountain living. The Arnold Palmer golf course at Running Y Ranch Resort is a short drive away.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Klamath Falls
    County
    Klamath
    State
    Oregon
    Longitude
    -122.114506
    Latitude
    42.436125

    Nearby Similar for Sale

    • $1,750,000
      Pending

      Spectacular Country Estate in Klamath

      175-acre estate with residence, guest house, and recreational amenities.
      17356 Hill Rd, Klamath Falls, OR 97603
      View Details
    • $4,410,000
      19.90 Acres

      Klamath Falls Heavy Industrial Opportunity

      19-acre industrial site with 108,500 sq.ft. facility.
      2350 Maywood Dr, Klamath Falls, OR 97603
      View Details
    • $3,100,000
      0.27 Acres

      Klamath Falls Multi-Tenant Commercial Building

      Fully occupied commercial building with diverse tenants and parking lot.
      125 S 6Th St, Klamath Falls, OR 97601
      View Details
    • $479,000
      0.49 Acres

      Historic Klamath Falls Building

      Beautiful, upgraded 9,799 SF building in Klamath Falls, Oregon.
      801 Jefferson St, Klamath Falls, OR 97601
      View Details
    • $1,100,000
      2,204 SF

      Klamath Falls Farm with Shop

      184-acre farm with home, shop, and irrigation near Klamath.
      891 Cross Rd, Klamath Falls, OR 97603
      View Details
    • $1,800,000
      0.81 Acres

      Klamath Falls River Park Inn

      47-room inn with manager's quarters in Klamath Falls, Oregon.
      11 Main St, Klamath Falls, OR 97601
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1.84 acre residential lots near outdoor recreation and amenities.
    Where is this residential land & home lot located?
    The property is located at Paragon Way Klamath Falls, OR.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: - 1.84 acre lot with well, pump, septic, and power already installed.; - Prime location near Lake of the Woods, Rocky Point Resort, and Sky Lakes Wilderness, ideal for outdoor activities like fishing, hiking, biking, and boating.; - Suitable for vacation home, short-term rental, or year-round mountain living.
    (541) 882-8788
    Request Owner's contact information
    Paragon Way Klamath Falls, OR 97601
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Paragon Way
    Klamath Falls, OR 97601
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Paragon Way Klamath Falls, OR 97601
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.