Duncan Ranch is a working 226± acre equestrian property set across six parcels in the Sprague River Valley. This rustic, functional compound features two custom homes (1,920 SF and 1,902 SF) and is fully equipped for horses and ranching, with a roping/riding arena, large hay barn, tack facilities, outdoor kitchen, cabin, and corral. The property offers approx. 4,200-4,400 LF of private frontage on each bank of the Sprague River, known for its premier fly fishing for wild trout. Situated at 4,320' elevation, this property provides year-round access and excellent wildlife habitat. Zoned FR. Taxes $4,644.92. A true, turn-key opportunity for those looking for an authentic ranch setup with water access. Buyer to verify all water rights with OWRD. Buyer to perform all due diligence. The green conex box is attached to an outbuilding and is included. The red connex box is excluded. There are 2 domestic wells and 3 stock wells. Located in Klamath County Fire District 3 boundaries.
Duncan Ranch is a working 226± acre equestrian property set across six parcels in the Sprague River Valley. This rustic, functional compound features two custom homes (1,920 SF and 1,902 SF) and is fully equipped for horses and ranching, with a roping/riding arena, large hay barn, tack facilities, outdoor kitchen, cabin, and corral. The property offers approx. 4,200-4,400 LF of private frontage on each bank of the Sprague River, known for its premier fly fishing for wild trout. Situated at 4,320' elevation, this property provides year-round access and excellent wildlife habitat. Zoned FR. Taxes $4,644.92. A true, turn-key opportunity for those looking for an authentic ranch setup with water access. Buyer to verify all water rights with OWRD. Buyer to perform all due diligence. The green conex box is attached to an outbuilding and is included. The red connex box is excluded. There are 2 domestic wells and 3 stock wells. Located in Klamath County Fire District 3 boundaries.
MLSCO #220224306
Jun 29, 2026
Listed
$2,200,000
$383/sq ft
+153
RMLS #393872264
Jun 29, 2026
Listed
$2,200,000
$383/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$30 (+2.6%)
2024
$29 (+4.2%)
2023
$28 (+2.3%)
2022
$27 (+3.2%)
2021
$26 (+3.1%)
2020
$25 (+7.7%)
2019
$24
$2,600
2018
$24 (−0.4%)
$2,600
2017
$24 (+3.1%)
$2,600
2016
$23 (+9.5%)
$2,600
2015
$21 (+23.5%)
$2,600
2014
$17
Public record
Public record
Zoning
Permits
Beds
—
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
924
Unfinished Sq. Ft.
—
Total Sq. Ft.
924
Year built
1978
Style
Ranch
County
Klamath County
APN
0000000000000000000M59135
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2026.
FR
Forestry/Range District
The purpose of this zone is to promote management and conservation of lands of mixed farm and forest use. This productive potential of this land is considered to be greater than that of Non-Resource (NR) zoned lands, but less than that of Farm (EFU) or Forestry (F) zoned lands. The zone shall be applied to those lands located in southern Klamath County which primarily consist of a juniper-sagebrush-bitterbrush vegetation cover, have no forest productivity rating or are predominantly rated as Class VII forest lands, may be significant wildlife habitat, and are areas of mixed BLM and private ownership.
Mar 5, 2015 • Final
Residential manufactured dwelling
Install a manufactured single-family log home and perform a septic evaluation.
Plumbing
Mar 5, 2015 • Final
Commercial agricultural equine
Construct an addition to an existing agricultural exempt barn.
Addition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
6% chance of being in a wildfire in next 30 years
3/10 Heat Factor
8 days above 92° expected this year, 19 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
20 unhealthy days expected this year, 21 days in 30 years
Provided by First Street
Historical weather
Sprague River, OR • 97639
Average low and high temperatures (°F)
44
25
42
25
53
32
57
34
67
42
76
48
84
56
81
52
76
48
61
36
47
31
44
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
100/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.6 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 23125 Sprague River Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $20,000 and $589,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $20K to $589K.