Discover refined living in this beautiful, custom 3-bedroom (+office) 2-bathroom home in Running Y Resort. Nestled on a generous .34-acre double lot offering a rare blend of privacy, space & natural beauty. Enjoy tranquility on your private south facing deck or enjoy the built-in natural gas fire pit backed by resort-owned common space with no homes behind & frequent visits from local wildlife. Inside you'll find a thoughtfully designed open-concept great room with soaring ceilings that seamlessly connect to the dining/kitchen. The kitchen features ample cabinetry, granite counters & modern appliances while extended dining area offers abundant natural light & territorial views. Spacious primary boasts 2 walk-in closets + oversized en-suite bathroom. Extended garage allows plenty of space to meet your storage needs. Enjoy many amenities at Running Y including walking trails, indoor pool, spa & fitness center, pickle ball/tennis, Arnold Palmer designed golf course & more.
Closed
$540,000
10203 Merlin Way, Klamath Falls, OR 97601
3beds
2baths
2,164sqft
Single Family Residence
Built in 2006
0.34 Acres Lot
$543,600 Zestimate®
$250/sqft
$2,642 Estimated rent
Home value
$543,600
$467,000 - $631,000
$2,642/mo
Zestimate® history
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List your homeWhat's special
Extended garageModern appliancesTerritorial viewsOversized en-suite bathroomSoaring ceilingsAbundant natural lightPrivate south facing deck
Zillow last checked:
Listing updated:
Listed by:
Fisher Nicholson Realty, LLC 541-884-1717
Bought with:
Coldwell Banker Holman Premier
Source: Oregon Datashare,MLS#: 220202048
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Instant Hot Water, Dishwasher, Disposal, Double Oven, Microwave, Range, Refrigerator, Water Heater, Wine Refrigerator
Features
- Breakfast Bar, Built-in Features, Enclosed Toilet(s), Granite Counters, Kitchen Island, Linen Closet, Open Floorplan, Primary Downstairs, Shower/Tub Combo, Smart Thermostat, Solid Surface Counters, Stone Counters, Tile Counters, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Carpet, Hardwood, Laminate, Tile
- Windows: Double Pane Windows, Skylight(s), Vinyl Frames
- Basement: None
- Has fireplace: Yes
- Fireplace features: Gas, Great Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,164
- Total interior livable area: 2,164 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage Door Opener
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered Deck, Front Porch, Wrap Around
- Exterior features: Fire Pit
- Has private pool: Yes
- Pool features: Association, Community
- Has view: Yes
- View description: Forest, Mountain(s), Neighborhood, Territorial
Lot
- Size: 0.34 Acres
- Features: Drip System, Landscaped, Level, Native Plants, Sprinkler Timer(s), Sprinklers In Front, Sprinklers In Rear, Wooded
Details
- Parcel number: 886578
- Zoning description: DRO
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman,Traditional
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Concrete Perimeter, Stemwall
- Roof: Composition
Condition
- New construction: No
- Year built: 2006
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Running YResort
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Fitness Center, Golf Course, Park, Pickleball Court(s), Playground, Pool, Resort Community, Restaurant, Security, Snow Removal, Sport Court, Stable(s), Tennis Court(s), Trail(s)
- HOA fee: $174 monthly
Location
- Region: Klamath Falls
Financial & listing details
- Price per square foot: $250/sqft
- Tax assessed value: $591,530
- Annual tax amount: $3,402
- Date on market: 5/18/2025
- Cumulative days on market: 53 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Inclusions: garage freezer
- Exclusions: gazebo, wall sconces, curtains
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2025 | Sold | $540,000-1.8%$250/sqft |
Source:  Oregon Datashare #220202048 Report a problem | ||
| 7/10/2025 | Pending sale | $550,000$254/sqft |
Source: Oregon Datashare #220202048 Report a problem | ||
| 5/18/2025 | Listed for sale | $550,000+49.2%$254/sqft |
Source: Oregon Datashare #220202048 Report a problem | ||
| 3/8/2007 | Sold | $368,605$170/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,482 +2.3% | $307,540 +3% |
| 2024 | $3,402 +4.7% | $298,590 +3% |
| 2023 | $3,249 +1.5% | $289,900 +3% |
| 2022 | $3,201 +4.6% | $281,460 +3% |
| 2021 | $3,060 +1.4% | $273,270 +3% |
| 2020 | $3,018 +2.4% | $265,320 +3% |
| 2019 | $2,947 +2.7% | $257,600 +3% |
| 2018 | $2,868 | $250,100 +3% |
| 2017 | $2,868 +6% | $242,820 +3% |
| 2016 | $2,706 | $235,750 +3% |
| 2015 | $2,706 +3.5% | $228,890 +3% |
| 2014 | $2,614 +14.8% | $222,230 +3% |
| 2013 | $2,277 | $215,760 +12.6% |
| 2012 | -- | $191,610 +3% |
| 2011 | $1,809 -0.2% | $186,030 |
| 2010 | $1,812 +1.4% | $186,030 +6.1% |
| 2009 | $1,787 -6.6% | $175,360 +3% |
| 2008 | $1,912 +36.6% | $170,260 +21.6% |
| 2007 | $1,400 +267.9% | $139,971 +267.9% |
| 2006 | $380 | $38,044 -23.8% |
| 2004 | -- | $49,900 |
Find assessor info on the county website
Neighborhood: Running Y Ranch
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Nearby schools
GreatSchools rating
- 6/10Joseph Conger Elementary SchoolGrades: K-5Distance: 4.7 mi
- 5/10Ponderosa Junior High SchoolGrades: 6-8Distance: 6.5 mi
- 5/10Klamath Union High SchoolGrades: 9-12Distance: 5.6 mi
Schools provided by the listing agent
- Elementary: Joseph Conger Elem
- Middle: Ponderosa Middle
- High: Klamath Union High School
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Oregon
- Klamath County
- Klamath Falls
- 97601
- Running Y Ranch
- 10203 Merlin Way
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