17.36 Acres for Sale in Bonanza, Oregon

Finding affordable large-acreage property in Oregon is nearly impossible. Prices keep climbing, and anything under $50k is usually long gone — unless there’s a catch.

This 17.36-acre parcel in Bonanza, OR is likely worth $70–80k cleaned up and resold. But here’s why it’s available for just $49,995 cash: squatters left behind vehicles, boats, RVs, and debris. We’ve had cleanup estimates around $13k, but instead of taking that on ourselves, we’re passing the savings to you.

Most buyers will shy away, which means this is your chance to grab instant equity. With a little work, you could transform this fixer-upper into your private retreat, a weekend getaway, a valuable investment property, or quick flip.

Imagine this: The debris is gone. The bluff opens up to jaw-dropping views of the Sprague River Valley. Towering pines frame your future cabin site. A winding driveway leads to your private perch where sunsets spill golden light across 17 acres of your land. What’s now a fixer-upper is transformed into a weekend getaway, a retirement retreat, or an off-grid homestead.

At just $49,995 cash as-is, this is your chance to take a diamond in the rough and make it shine.

For the right buyer — someone who can handle the cleanup or bring in help — this is a rare opportunity. The property offers:

• 17.36 acres in the desirable Klamath Falls Forest Estates
• Stunning bluff views over the Sprague River Valley
• Good road access, flexible zoning (site-built, mobile, manufactured, tiny homes allowed)
• Camping permitted with restrictions
• No time limit to build

The property will be sold exactly as it sits, all the trash, vehicles, etc become your responsibility with purchase. Here’s what’s on site (More photos available here):

• 2 RVs (one heavily damaged, one partially stripped)
• 6 abandoned vehicles (We checked with the Sheriff and as far as they know the vehicles haven't been reported stolen )
• 3 boats
• Treehouse structure (two-story built by squatters)
• Miscellaneous debris including household items, water tanks, furniture, clothing, and trash piles

Important: Sold as-is. Cash only. Do your due diligence. No refunds on as-is sales.

If you’re ready to turn sweat equity into real equity, this is the deal you’ve been waiting for.

SUBDIVISION: KLAMATH FALLS FOREST ESTATES

STREET ADDRESS: N/A, Walrus Ln, Bonanza, OR 97623

STATE: OR

COUNTY: Klamath County, OR

ZIP: 97623

SIZE: 17.36 acres

LOT DIMENSIONS: 506 feet (Northern Leg) x 1484 feet (Eastern Leg) x 519 feet (Southern Leg) x 1550 feet (Western Leg)

APN: 388501

LEGAL DESCRIPTION: LOT 63, BLOCK 12, KLAMATH FALLS FOREST ESTATES, HIGHWAY 66, PLAT 1 KLAMATH COUNTY, OREGON

GOOGLE MAPS LINK: https://goo.gl/maps/mrEEyHnTv65zsgJA6

LAT/LONG COORDINATES:

NW: 42.355680, -121.417090

NE: 42.355517, -121.415268

SW: 42.351462, -121.417673

SE: 42.351469, -121.415796

ELEVATION: 5,554 ft

ANNUAL TAXES: Approx. $210 per year

ZONING: Land Use Zoning: CO -(R-2) Rural Residential 2ac - No time limit to build. Site built, mobile homes & manufactured homes are okay. The building code that Klamath County uses allows houses as small as 300 sq. ft. RV’s are allowed for camping but not as a permanent residence. Camping is allowed for up to 21 days every 6 month period. Permits only required if staying for more than one week at a time. Tiny homes on trailer frames are registered by DMV as an RV so fall under the camping regulations. Contact Klamath County, OR Planning and Zoning Department at Phone: 541-883-5121 Option 4, for more info.

HOA/POA: Yes

IMPROVEMENTS: None

ACCESS: Property can be accessed via Walrus Lane.

WATER: Would be a well, water haul and holding tank or other similar option

SEWER: Would be by Septic

UTILITIES: Power by solar, wind or generator, Phone by cellular, satellite TV/Internet/Phone