2727 Foothills Blvd Klamath Falls, OR 97601

This exceptional 40.6-acre parcel, located at 2727 Foothills Boulevard in Klamath Falls, Oregon (zip code 97601), presents a unique investment opportunity. Currently zoned for medium-density residential development (APN R440838), this property boasts stunning southern views overlooking the city and offers significant potential for residential development. The land is conveniently situated near downtown Klamath Falls and Washburn Way commercial areas, providing excellent connectivity. An established easement to Foothills Boulevard ensures easy access. Utilities include Pacific Power, Avista Gas, city water, and sewer. The property's elevated position provides exceptional views of Mount Shasta. The asking price is $428,000, translating to a land value of $0.27 per square foot. This location allows for the creation of a unique residential community, catering to a variety of housing needs. The property's size and zoning allow for flexibility in development plans, including the possibility of partitioning for increased value. The existing geothermal resources present an additional advantage for sustainable development. This is an ideal opportunity for developers or institutions seeking a central location with the ability to control their immediate environment and create a distinctive residential project. A site visit is highly recommended to fully appreciate the potential of this remarkable property.