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$985,000 Just Listed
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Property Description
Acreage with Home, Views, Barn, Pond & Water Rights near Klamath Falls, Oregon. Enjoy wide-open space & sweeping mountain & valley views on this beautiful 28+ acre property just outside of town. The well-maintained 3 bed, 2 bath 2324 SF home offers comfortable single-level living with large windows, abundant natural light, & a covered porch perfect for taking in the scenery. The property is well-equipped with a barn featuring horse stalls, loft, & shop area, plus additional covered storage for hay, equipment, or RV parking. Additional improvements include a garden shed, attached 2-car garage, & small pond. Irrigation equipment and District Water Rights are included, making this an excellent option for horses, hobby farming, or simply enjoying the land. If you're looking for a turnkey rural property --this one checks all the boxes. Private, functional, & just minutes from town, this property offers the space and flexibility to fit a variety of lifestyles
Full Property Details
Full Property Details for 12445 Hwy 140 E
General
- Price: $985,000
- Taxes: $2,160 (2025)
- Status: Active
- Type: Farm
- Source: ODS
- MLS ID: 220220516
- Updated: 5/1/2026
- Added to Site: 4 day(s) ago
Interior
- Rooms/Areas: Laundry, Kitchen, Office, Primary Room
- Interior Features: Ceiling Fan(s), Double Vanity, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
- Fireplace: Yes
- Fireplace(s): Propane
- Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator, Washer
- Flooring: Carpet, Vinyl
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Attached, Garage Door Opener
- Parking: Attached, Garage Door Opener
Location
- County: Klamath
- Subdivision: N/A
- Driving Directions: Highway 140 East towards Olene- property is on the left before you get to Olene.
School Information
- Elementary School: Check with District
- Middle School: Check with District
- High School: Check with District
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump
- Heating Type: Heat Pump, Propane
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
Structural Information
- Architectural Style: Ranch
- Construction: Frame
- Basement Desc.: None
- Foundation: Slab
- Roof: Composition
- Windows: Vinyl Frames
- Stories/Levels: 1
- Sq. Ft. Source: Assessor
- Current Bldg. Use: Agricultural, Grazing, Pasture
- Year Built: 2006
Additional Structures
- Other Structures: Animal Stall(s), Barn(s), Shed(s), Storage
Lot Features
- Property View: River, Valley
- Lot Size (Acres): 28.47
- Lot Size (Sq. Ft.): 1.24015e+006
- Street/Road Desc.: Gravel
- Irrigation System: District
- Lot Features: Fenced, Landscaped, Pasture, Sprinkler Timer(s), Sprinklers In Front, Sprinklers In Rear
- Zoning: EFU-C
Horse Property
- Horse Property: Yes
Water Features
- Water Front: Yes
- Water View: Yes
Financial Considerations
- Tax Amount: $2,160.26
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- APN: 8501
- Section: Not Applicable
Listed by Crater Lake Realty,Inc. (541) 783-2759, Andra L Wessel (541) 281-2180
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Schools
Schools serving 12445 Hwy 140 E
School District:Klamath County School District
| Name | Grades | Distance |
|---|---|---|
Henley Elementary School 8227 Oregon 39, Klamath Falls, OR 97603 | K-6 | 3.7 mi |
Henley Middle School 7925 Oregon 39, Klamath Falls, OR 97603 | 7-8 | 3.7 mi |
Henley High School 8245 Oregon 39, Klamath Falls, OR 97603 | 9-12 | 3.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12445 Hwy 140 E
Date
Details
Price
Change
Source
5/01/2026
Listed
$985,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 12445 Hwy 140 E
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,160
3%
$186,851
3%
2024
$2,095
2621%
$181,585
1804%
2023
$77
-96%
$9,538
-94%
2022
$1,918
—
$165,484
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 12445 Hwy 140 E
Want to learn more about 12445 Highway 140 E? Do you have questions about finding other Farm real estate for sale in Klamath Falls? You can browse all Klamath Falls real estate or contact a Coldwell Banker agent to request more information.

