James & Angie Smith

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Listing provided courtesy of eXp Realty LLC.- MLS# 220215658MLS Provider

8131 Markgraf LaneKlamath Falls, OR 97603

Single Family · 5 Beds · 3 Full Baths · 1 Half Bath · 4,681 Sq. ft. | 0.82 Acres
$739,000 Active

8131 Markgraf Lane Overview

Time on Site:
130 days
Visits:
1

Assumable 4.25% loan! Custom 5 bed, 4 bath home with brand new 14' by 18' composite deck (built Apr 2026) offering 4,681 sq ft of living space on nearly an acre overlooking Klamath Falls, with breathtaking 360° panoramic views. Enjoy beautiful oak hardwood floors on the main level, abundant storage, central vac, dual HVAC systems, and impressive energy efficiency. The spacious kitchen has rich golden cherry cabinetry, high-end appliances, double ovens, and convenient pull-out pantry shelves. Large master room with a walk-in shower, jetted tub, and a cedar-lined walk-in closet. The home also features a grand front porch, heated driveway and oversized heated garage with a half bath and huge basement shop. Backyard you'll find a large deck perfectly positioned to take in views of Mt. Shasta and Mt. McLoughlin. Upstairs you'll find two large bedrooms, a bonus room, full bath, stunning hobby room, and exceptional additional storage. Call today for an easy showing

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8131 Markgraf Lane Facts & Features

  • Type Single Family
  • Sq. ft. 4,681
  • Price/Sq.ft. $158
  • Lot 0.82 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • Elementary School: Henley Elem
  • Middle Or Junior School: Henley Middle
  • High School: Henley High

Building Information

  • Builder Name: Markgraf
  • New Construction: false
  • Year Built: 2000

Location/Region

  • County Or Parish: Klamath
  • Subdivision Name: Klamath Country

Tax Information

  • Tax Annual Amount: 6753.59
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional,FHA,USDA Loan,VA Loan
  • Parcel Number: 885492
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: false
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 3.0
  • Garage: true

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Half: 1
  • Bathrooms Total: 4
  • Bedrooms Total: 5

Building Interior

  • Building Area Total: 4681.0

General Information

  • Accessibility Features: Accessible Bedroom,Accessible Entrance,Accessible Hallway(s),Accessible Kitchen
  • Appliances: Instant Hot Water,Cooktop,Dishwasher,Disposal,Double Oven,Dryer,Microwave,Oven,Range,Range Hood,Refrigerator,Washer,Water Heater
  • Basement: Unfinished
  • Common Walls: No Common Walls
  • Flooring: Hardwood,Laminate,Tile
  • Foundation Details: Concrete Perimeter
  • Interior Features: Bidet,Central Vacuum,Double Vanity,Granite Counters,Linen Closet,Primary Downstairs,Shower/Tub Combo,Smart Thermostat,Vaulted Ceiling(s),Walk-In Closet(s)
  • Levels: Three Or More
  • Living Area: 4681.0
  • Living Area Source: Assessor
  • Security Features: Carbon Monoxide Detector(s),Smoke Detector(s)
  • Window Features: Double Pane Windows,Vinyl Frames

Exterior

Parking Information

  • Parking Features: Attached Carport,Concrete,Driveway,Garage Door Opener,Heated Garage,RV Access/Parking,Storage

Lot Information

  • Additional Parcels: false
  • Irrigation Source: None
  • Irrigation Water Rights: false
  • Lot Features: Garden,Sprinklers In Front,Sprinklers In Rear
  • Lot Size Acres: 0.82
  • Lot Size Area: 0.82
  • Lot Size Square Feet: 35719.2
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: Shared Well

Waterfront/View

  • View: City,Neighborhood,Panoramic

Building Exterior/Construction

  • Architectural Style: Craftsman
  • Attached Garage: false
  • Construction Materials: ICFs (Insulated Concrete Forms)
  • Roof: Composition

General Information

  • Exterior Features: Fire Pit,RV Dump,RV Hookup
  • Horse: false
  • Other Structures: RV/Boat Storage,Storage
  • Road Frontage Type: Private Access
  • Sewer: Public Sewer

8131 Markgraf Lane Neighborhood

Community

97603 (Klamath Falls) Demographics

40
Median Age
94
Population Density (per sq. mile)
32%
College Educated
$51,790
Estimated Median Income
7,798
Estimated Total Home Owners
4,402
Estimated Total Renters
64% / 36%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

8131 Markgraf Lane Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

8131 Markgraf Lane Market Data

Based on the last 30 days in this zip code

$384,818
Average List Price
$214
Average Price per Square Foot
31
Properties Sold
106
Average Days on Market
186
Properties for Sale
Calculations provided by Reliance Network

8131 Markgraf Lane History

Date Event Value Agent
5/11/2026Source: Oregon Datashare Price Reduction
$739,000 -2.6%
3/24/2026Source: Oregon Datashare Price Reduction
$759,000 -2.6%
2/20/2026Source: Oregon Datashare Added to Database
February 20, 2026