$336,000

5755 Lakeshore Dr, Klamath Falls, OR 45493

Sample listing

Bedrooms

Bathrooms

Square feet

180 ft

Shoreline

$1,867

Per shoreline ft

Restored 1960s lake cottage on Crater Lake. Roughly 180 feet of owned shoreline on 1.45 acres. Crib dock with lift. Water clarity on Crater Lake averages around 100 feet and the lake is classified natural for water level. Dock and shoreline work fall under National Park Service. This is a sample listing used to demonstrate the platform.

Features

Private dockDetached garageWhole-house generatorLakeside deck

Property facts

Property typeLot Year built— Lot size1.45 acres DockCrib dock with lift Water depth at dock12 ft ExposureNorth-facing ViewSunrise Annual taxes$3,599 HOA$45/mo Short-term rentalVerify locally Listed2026-08-05

$3,258

All-in monthly

$78,514

Cash to close

$12,846

Costs beyond the obvious

Up front

Down payment	$67,200
Closing costs (est. 2.4%)	$8,064
Septic inspection & pump	$850
Water quality testing	$400
Waterfront home inspection	$800
Survey (shoreline frontage)	$1,200
Total	$78,514

Every year

Principal & interest	$21,244
Property taxes	$3,599
Hazard insurance	$1,411
Flood insurance	$2,400
HOA / POA dues	$540
Utilities	$2,700
Maintenance reserve (1.1%)	$3,696
Septic service	$520
Well & water testing	$260
Dock maintenance	$900
Winterization / seasonal close	$750
Shoreline / seawall reserve	$1,080
Total	$39,100

Adjust these assumptions →

$1,867

This home / shoreline ft

$8,410

Lake average

—

Per square foot

Well below the lake average — this property prices at $1,867 per shoreline foot against a lake average near $8,410, a difference of -78%. Shoreline frontage is the metric that drives waterfront value, and it is almost never published.

Open the analyzer →

Modeled from the lake's estimated nightly rate and occupancy. Confirm local short-term rental rules before you rely on this.

Booked nights / year126 Gross revenue$48,668 Lodging tax−$5,353 Management−$8,663 Cleaning & supplies−$13,012 Net operating income$21,639 Against annual carry$-17,461

Model your own →

5.5

Lake score

Water grade

4 ft

Drawdown

Level stabilityNatural Typical clarity100 ft Dock authorityNational Park Service

Full Crater Lake report →