Geothermal energy development opportunity in the Olene Gap area of Klamath County. Approximately 10.1 acres featuring the Olene O-1N deep geothermal well, drilled as part of a previous commercial geothermal power development project. Located in an area with a documented history of high-temperature geothermal exploration, this property offers potential for geothermal power generation, energy development, or investment. Historical drilling records and geothermal documentation are available for review by qualified prospective purchasers. Seller financing may be available, providing flexibility for developers and investors. Land partition is nearing completion, with acreage and boundaries subject to final recording. Buyer to independently verify geothermal resource characteristics, development feasibility, infrastructure requirements, applicable regulations, and suitability for intended use.
Vacant landProperty Type
10.1 acresLot Size
$247,030Price/Acres
Listed by Justin Sparks• Coldwell Banker Holman Premier
This exceptional 23-acre property in Crystal Springs offers breathtaking views and a serene environment, making it an ideal location for those seeking tranquility and natural beauty. The expansive land provides ample opportunities for development, recreation, or personal retreat, all while being surrounded by picturesque landscapes. Property is located between the 2 for sale signs.
MLSCO #220194091
Oct 22, 2025
Listing Removed
—
Jun 18, 2025
Price Changed
$125,000
May 16, 2025
Price Changed
$179,900
Jan 3, 2025
Listed
$200,000
MLSCO #220193317
Oct 10, 2025
Sold
$610,000
Jul 28, 2025
Pending
—
Jun 19, 2025
Price Changed
$675,000
Jun 11, 2025
Relisted
—
May 31, 2025
Listing Removed
—
May 28, 2025
Price Changed
$799,000
May 16, 2025
Price Changed
$849,000
Dec 4, 2024
Listed
$949,000
MLSCO #220193324
Jun 19, 2025
Price Changed
$675,000
May 31, 2025
Listing Removed
—
May 28, 2025
Price Changed
$799,000
May 16, 2025
Price Changed
$849,000
Dec 4, 2024
Price Changed
$949,000
Nov 25, 2024
Listed
$94,900
MLSCO #220144903
Jul 8, 2022
Listing Removed
—
May 3, 2022
Listed
$875,000
MLSCO #100161838
Apr 20, 2006
Sold
$199,000
Mar 29, 2006
Listed
$199,000
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Style
Vacant Land
County
Klamath County
APN
391023800
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Last updated by owner on Oct 23, 2026.
EFU-C
Exclusive Farm Use-Cropland District
The purpose of the Exclusive Farm Use EFU Zone is to protect and maintain agricultural lands for farm use, consistent with existing and future needs for agricultural products. The EFU zone is also intended to allow other uses that are compatible with agricultural activities, to protect forests, scenic resources and fish and wildlife habitat, and to maintain and improve the quality of air, water and land resources of the county. The Exclusive Farm Use - Cropland zone is applied to agricultural areas characterized by row crop, hay and livestock production in which there is no predominant parcel size.
Permitted uses
Include but are not limited to:
Agriculture
Religious facility
Housing-Single unit
Processing
Infrastructure
Public service
Fire house
Cemetery
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
7/10 Fire Factor
24% chance of being in a wildfire in next 30 years
3/10 Heat Factor
7 days above 89° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
31 unhealthy days expected this year, 32 days in 30 years
Provided by First Street
Historical weather
Klamath Falls, OR • 97603
Average low and high temperatures (°F)
46
24
44
24
57
32
62
33
71
41
79
47
87
53
84
53
77
47
63
35
49
30
46
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 27% for direct sun exposure in Klamath Falls. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.4 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 0 Crystal Springs Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $415,000 and $705,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $415K to $705K.