The Lake County Railroad (reporting mark LRY) was a railroad based in Lakeview, Oregon, United States, owned by the Lake County government and operated by various contract operators during its 20-year existence.

The county went to work, and the Great Western Railway, an established shortline based out of Colorado, agreed to operate the line on a contract basis.

The county operated the rail line on precarious financial footing with frequent derailments and grants needed for maintenance funding.

[1] During the Modoc Northern years, a lot of investment was made in rail infrastructure to shore up the line and try to eliminate the frequent derailments that plagued the route, but train speed was still limited to 10 mph (16 km/h) for most of the line.

Lake County subsequently terminated the lease with Frontier Rail in September 2017 after a lengthy contractual dispute and litigation.