861 Russell St, Klamath Falls, OR, 97603
About This Home
Breathtaking views & endless possibilities on this one-of-a-kind property spanning over 30 acres in the beautiful Bear Valley area. Spacious 3 bedroom, 2-bathroom home offers a warm & inviting open-concept layout, featuring a large living & dining area centered around a cozy pellet stove. The updated kitchen includes a generous pantry, breakfast bar, & dedicated office space, making it both functional & welcoming. Outside enjoy 2 large shops, an attached two-car garage, RV storage w/hookups, greenhouse, chicken coop, & approx 8 acres of fenced pasture provide ample room for livestock. The standout shop also includes a 1-bedroom apartment with a kitchen, bathroom, laundry room, pellet stove, comfortable living area, perfect for guests or extended family. Outdoor enthusiasts will appreciate the private shooting range & direct access to adjacent BLM land, offering countless opportunities for exploration, recreation, & enjoying the natural beauty that surrounds this remarkable property.
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1980
Materials
- Foundation: Pillar/Post/Pier,Slab
- Roof: Composition,Metal
Type & Style
- Home type: MobileManufactured
- Architectural style: Ranch
- Property subType: Manufactured On Land,Manufactured Home
Interior
Appliances
- Appliances included: Dishwasher,Microwave,Oven,Range,Range Hood
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
Features
- Breakfast Bar,Fiberglass Stall Shower,Laminate Counters,Shower/Tub Combo
- Window features: Aluminum Frames,Vinyl Frames
- Flooring: Carpet,Laminate,Vinyl
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Pellet Stove
- Cooling features: None
Interior Area
- Total structure area: 1,960
- Total interior livable area: 2,460 sqft
Property
Details
- Parcel number: 819038
- Zoning description: R5
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: Mountain(s),Territorial
- Horses can be raised: Yes
Lot
- Lot size: 31.80 Acres
- Features: Pasture
Parking
- Total spaces: 2
- Parking features: Attached,Detached,Driveway,Gravel
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Wildfire
- Winter Weather
- Cold Wave
- Earthquake
How This Home’s Risks Compare
FEMA Declared Disasters in Klamath County and Oregon
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,502 | $30,024 |
| Home Insurance * | $161 | $1,932 |
| Property Taxes | $401 | $4,812 |
| Electricity | $223 | $2,679 |
| Total | $3,287 | $39,444 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-01 | Listed for sale | $495,000 |
| 2022-07-27 | Listing removed | -- |
| 2022-05-27 | Price change | $589,000 |
| 2022-02-28 | Listed for sale | $639,000 |
| 2021-02-23 | Listing removed | -- |
| 2021-01-29 | Price change | $420,000 |
| 2020-10-30 | Listed for sale | $435,000 |
| 2019-11-12 | Listing removed | $390,000 |
| 2019-10-31 | Listed for sale | $390,000 |
| 2017-10-01 | Listing removed | $335,000 |
| 2017-05-02 | Sold | $325,000 |
| 2017-03-22 | Listed for sale | $335,000 |
View on Zillow