Bonanza, Oregon is a small rural town located in Klamath County. The climate in Bonanza is classified as high desert, with warm summers and cold winters. The hydrology constituents are mainly composed of the Lost River and its tributaries. Outdoor recreation opportunities in Bonanza include hiking, fishing, and hunting. The nearby Gearhart Mountain Wilderness provides excellent opportunities for backcountry camping and exploration. The area is also home to numerous wildlife species, including elk, deer, and waterfowl, making it a popular destination for wildlife watching. Overall, Bonanza offers a unique mix of outdoor adventure and natural beauty for visitors to explore.