13340 Crystal Springs Rd - Crystal Springs Ranch 26.82 Acres of Commercial Land Offered at $12,500,000 in Klamath Falls, OR 97603

Strategic geothermal and energy-development opportunity in the Olene Gap area of Klamath County, Oregon. The offering includes the existing Olene O-1N deep geothermal well, drilled as part of a prior commercial geothermal power-development project, together with approximately 26.82 acres and existing site improvements at 13340 Crystal Springs Road.
The Olene Gap has a documented history of high-temperature geothermal exploration and development. O-1N was drilled as part of an earlier effort to evaluate and develop the geothermal resource for commercial power generation. Historical drilling records and other geothermal project documentation related to O-1N are available for review by qualified prospective purchasers.
The property also includes a 1,152 SF residence, machine shed, barn and additional site improvements. Existing utilities and improvements may provide additional flexibility as a future owner evaluates the site and geothermal opportunity.
Potential applications may include geothermal power generation, energy-intensive development, direct-use geothermal applications or other energy-related development, subject to technical feasibility, infrastructure, interconnection, permitting and other required approvals.
This offering provides an opportunity to acquire an existing deep geothermal well and associated real estate in a historically recognized geothermal area rather than beginning with an undeveloped exploration site. Buyer to independently investigate and verify the geothermal resource, historical information, current well condition, development potential, utilities, interconnection capacity, permitting requirements and suitability for buyer's intended use.