$207,000
1/540 AC · Unimproved Land
NFR 86 #TL 800
Chemult, OR 97731
#220222599 01 / 12
For sale New · today
$199,000
U.S. 97 #201
Chemult, OR 97731 · N/A
- Baths
- 0
- Acres
- 4.34
Est. $1,098/mo~115 min to downtown Bend (approx.)
Listing by Stellar Realty Northwest · 541-508-3148
MLS# 220229773 · Active
01
About this home
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 may offer excellent well-water potential. 16 Miles to Crater Lake National Park and 19 Miles to Diamond Lake, and halfway between Klamath Falls and Bend on Highway 97. Approximate GPS coordinates: 43.07761, -121.82652.
02
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03
Price history
0 days, no changes| Date | Event | Price |
|---|---|---|
| Oct 7, 2026 | Listed for sale | $199,000 |
From the MLS: original list price and latest price change. 0 days on market.
04
Drive times
~115 min to downtown Bend- Sunriver Village~95 min · 76.1 mi
- Mt. Bachelor~101 min · 81.5 mi
- Old Mill District~114 min · 93.1 mi
- Downtown Bend~115 min · 94.1 mi
- St. Charles Bend~117 min · 96.3 mi
- Sisters~134 min · 110.4 mi
- Redmond Airport (RDM)~138 min · 114.4 mi
- Smith Rock State Park~149 min · 124.1 mi
Approx. Straight-line distance × 1.3 for roads, at in-town and highway speeds. No traffic, snow, or Hwy 97 construction. Ask Cody about real commute times.
05
Facts & features
- Type
- Commercial
- Lot
- 4.34 AC · 189,050 SF
- HOA
- None reported
- Taxes
- $207/yr
- Subdivision
- N/A
- County
- Klamath
- Days on market
- 0
- MLS #
- 220229773
- View
- Forest
- Lot
- Level · Native Plants · Wooded
- Utilities
- Electricity Available · Phone Available
06
Location & schools
N/A43.0778° N · 121.8258° W
Directions- Elementary
- Check with District
- Middle
- Check with District
- High
- Check with District
Assignments come from the listing broker and boundaries change. Verify with the school district before you count on them.
07
Monthly payment
$1,098/mo$1,098/mo
$159,200 loan · 30 yr fixed · 6.5%
- Principal & interest
- $1,006
- Property tax (listing)
- $17
- Home insurance (est.)
- $75
20% · $39,800
6.500%
Loan term
Estimate only. Taxes use the listing's reported amount when there is one; insurance is approximated. A lender can give you an exact number.
More
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#220222982Listing information provided by Oregon Data Share. Data last updated Oct 8, 2026, 4:31 PM.
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