Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Secluded Land Parcel Backing Forestland Title is generated by Realmo AI

    5 Royce Pine Road, Crescent Lake, OR 97733

    View on Map
    Claim this Listing
    For Sale
    $189,900

    1.59-acre parcel with mountain views and recreational access.

    Type:Land
    Property size:
    57,063 SF
    Lot size:
    1.59 Acres
    Price / SF:
    $3/SF
    Added:
    Jan 26, 2026
    Days on Market:
    127
    Last Refresh:
    May 21 at 9:27 am

    Property Features for 5 Royce Pine Road

    General Information

    Standard status
    Active
    Size
    57,063 SF
    Lot size
    1.59 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Donna Werner
    Donna Werner

    Listing agent Donna Werner License #780203954

    Listing office Crescent Lake Realty, Inc

    Listing date Jan 26, 2026

    Source Compass

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Crescent Lake Realty, Inc

    HighLights

    • 1.59‑acre parcel backing directly to forestland for privacy.
    • Potential for stunning Cascade Mountain views with clearing.
    • Located in desirable Diamond Peaks Subdivision with paved, maintained streets and community water.
    • Approved for a standard septic system.
    • Easy access to mountain trails for hiking, ATV riding, snowmobiling, and more.
    • Minutes from Willamette Pass Ski Area, Pacific Crest Trail, Odell Lake, and Crescent Lake.

    Overview

    This 1.59-acre parcel backs directly to forestland, providing privacy and a mountain setting. The property includes marketable timber and has the potential for Cascade Mountain views with some clearing. Located in the Diamond Peaks Subdivision, the lot features paved streets maintained year-round and community water. The property is approved for a standard septic system. Outdoor recreation opportunities are nearby, with access to mountain trails for hiking, ATV riding, and snowmobiling. Willamette Pass Ski Area, the Pacific Crest Trail trailhead, Odell Lake, Crescent Lake, and other high mountain lakes are just minutes away. Lot #54 next door is also available.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Crescent Lake
    County
    Klamath
    State
    Oregon
    Longitude
    -121.929414
    Latitude
    43.514143

    Nearby Similar for Sale

    • $1,400,000
      5,000 SF

      Established Tavern on Large Lot

      Well-known tavern with residential units on over 6 acres.
      20005 58 Highway, Crescent Lake, OR 97733
      View Details
    • $285,000

      Crescent Lake Land with Garages

      Ready-to-build land with garages and RV hookups near lakes.
      139917 Bear Skin Road, Crescent Lake, OR 97733
      View Details
    • $189,900

      Land Backing Forestland

      1.59-acre parcel with marketable timber near mountain recreation.
      4 Royce Pine Road, Crescent Lake, OR 97733
      View Details
    • $76,000

      Crescent Lake 1-Acre Lot

      1-acre lot near lakes, trails, and ski area.
      59 Royce Mountain Way, Crescent Lake, OR 97733
      View Details
    • $199,000

      Land Backing to Forestland

      Land with Cascade Mountain views, near lakes and ski resort.
      19 Elk Haven Way, Crescent Lake, OR 97733
      View Details
    • $159,500

      Land with Cascade Mountain Views

      Residential lot with mountain views near outdoor recreation.
      26 Diamond Peak Drive, Crescent Lake, OR 97733
      View Details
    • $285,000

      Crescent Lake Land with Garages

      Ready-to-build land with garages and RV hookups near lakes.
      139917 BEAR SKIN Rd, CrescentLake, OR 97733
      View Details
    • $150,000

      Diamond Peaks Land For Sale

      1.49 acre lot backing forest land near Crescent Lake.
      6 Royce Pine Rd, CrescentLake, OR 97733
      View Details
    • $189,900

      Land Backing Forestland

      1.59-acre parcel with marketable timber and mountain view potential.
      5 Royce Pine Road, Crescent Lake, OR 97733
      View Details
    • $189,900

      Land Parcel Backing Forestland

      1.59 acre parcel with marketable timber and Cascade views.
      4 Royce Pine, CrescentLake, OR 97733
      View Details
    • $189,900

      Crescent Lake Acreage with Views

      1.31 acre parcel backing to forestland with Cascade views.
      5 Royce Pine, CrescentLake, OR 97733
      View Details
    • $150,000

      Crescent Lake Land For Sale

      1.49 acre lot near lakes and ski resort.
      6 Royce Pine Road, Crescent Lake, OR 97733
      View Details

    FAQs

    What type of property is this?
    Land - 1.59-acre parcel with mountain views and recreational access.
    Where is this land located?
    The property is located at 5 Royce Pine Road Crescent Lake, OR.
    What is the asking price?
    The asking price for this property is $189,900.
    What are key features of this property?
    This property features: 1.59‑acre parcel backing directly to forestland for privacy.; Potential for stunning Cascade Mountain views with clearing.; Located in desirable Diamond Peaks Subdivision with paved, maintained streets and community water.
    (541) 433-5368
    We can help!
    Listing Contact
    Donna Werner
    Donna Werner
    Real Estate License ID: 780203954
    Learn More
    Request Owner's contact information
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5 Royce Pine Road, Crescent Lake, OR 97733
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!