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U.S. 97 in Chemult is listed at $199,000. It sits on 4.34 acres. Status is Active, with 39 days on market.
Overview
Exterior & lot
Systems & utilities
Financial
Listing
From the MLS listing. Verify with the listing broker.
Don't miss this opportunity! A prime high-visibility commercial property in Chemult, Oregon! Located at the strategic junction of Highway 97 and Highway 138 near Diamond Lake Junction. Zoned RSC-C Commercial, this site offers outstanding exposure and strong development potential, with nearly 2,400 vehicles per day on Highway 138 alone, plus additional traffic from Highway 97. Ideally positioned near the year-round recreation destinations of Crater Lake and Diamond Lake, the property may also benefit from a planned Diamond Lake solar project nearby. The property was previously approved for septic and will likely offer excellent well-water potential, neighbors well only 140 feet deep with outstanding pure water (lab water report available upon request). Power available at the road (contact La Pine Electric Coop for details) 16 Miles to Crater Lake National Park,19 Miles to Diamond Lake, and halfway between Klamath Falls and Bend on Hwy 97. Approx. GPS coordinates: 43.07761, -121.82652
A rough estimate, not a quote. Loan amount $159,200 · $39,800 down · 30 year term.
The starting rate is the Freddie Mac 30-year fixed, via FRED published for the week of Nov 9, 2026. You can change it.
4.34 acres on the county assessor's map, tax lot 573061. Klamath County GIS.
Lot lines come from the county assessor’s tax maps. They show the recorded shape of a parcel, not a survey, and they are not a legal boundary. Order a survey before you rely on a line.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share in Chemult. The wash is sales density of closes in the last 90 days; homes for sale and pending stay as marks. Pulses and the sold count are the closes of the last 30 days. Counts and medians cover every listing read for this map. 2 of the 10 sit beyond the frame's edges: counted in every figure, not drawn.
| Date | Event | Price |
|---|---|---|
| Oct 8, 2026 | Listed | $199,000 |
| Year | Tax |
|---|---|
| 2025 | $207 |
Tax as filed on the listing. Klamath County. Parcel 050573061.
What to do about this house
Tour requests usually get a same-day reply.
Listing courtesy of Stellar Realty Northwest
Data last updated November 15, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
