Experience the best of Southern Oregon living in this beautiful 4-bedroom, 3.5-bath home located in the prestigious Running Y Resort community. With 2,175 sq. ft. of contemporary comfort and stunning mountain views, this two-story residence offers both serenity and style.
Step inside to find two primary suites--one on each level--making it perfect for multi-generational living or hosting guests. The open-concept kitchen with a large island, bright windows, and a thoughtfully furnished interior welcomes you home. Enjoy relaxing evenings on the spacious back deck, overlooking manicured landscapes and breathtaking aromas of native plants and mature pines.
Active
Price cut: $10K (8/26)
$310,000
5029 Falcon Dr, Klamath Falls, OR 97601
4beds
4baths
2,175sqft
Condominium
Built in 1999
-- sqft lot
$309,500 Zestimate®
$143/sqft
$712/mo HOA
What's special
Stunning mountain viewsThoughtfully furnished interiorSpacious back deckOverlooking manicured landscapesBright windows
- 126 days
- 316
- 20
Zillow last checked:
Listing updated:
Listed by:
Coldwell Banker Holman Premier 541-884-1343
Source: Oregon Datashare,MLS#: 220220904
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Range, Refrigerator, Water Heater
Features
- Breakfast Bar, Double Vanity, Linen Closet, Open Floorplan, Primary Downstairs, Shower/Tub Combo, Soaking Tub, Vaulted Ceiling(s)
- Flooring: Carpet, Tile, Vinyl
- Windows: Double Pane Windows, Vinyl Frames
- Basement: None
- Has fireplace: Yes
- Fireplace features: Gas, Great Room
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,175
- Total interior livable area: 2,175 sqft
Property
Parking
- Parking features: Asphalt, No Garage
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Has view: Yes
- View description: Golf Course, Mountain(s), Territorial
Lot
- Size: 1,742 Square Feet
- Features: Landscaped, Sloped, Sprinklers In Front
Details
- Parcel number: 884715
- Zoning description: FR
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Craftsman
- Property subtype: Condominium
Materials
- Frame
- Foundation: Block
- Roof: Composition
Condition
- New construction: No
- Year built: 1999
Utilities & green energy
- Sewer: Public Sewer
- Water: Private
Community & HOA
Community
- Subdivision: Running YResort
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Fitness Center, Golf Course, Landscaping, Pickleball Court(s), Playground, Pool, Sport Court, Stable(s), Tennis Court(s), Trail(s)
- HOA fee: $712 monthly
Location
- Region: Klamath Falls
Financial & listing details
- Price per square foot: $143/sqft
- Tax assessed value: $396,170
- Annual tax amount: $3,092
- Date on market: 5/7/2026
- Cumulative days on market: 127 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
$309,500
$294,000 - $325,000
$3,132/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Price change | $310,000-3.1%$143/sqft |
Source: | ||
| 8/7/2026 | Price change | $320,000-3%$147/sqft |
Source: | ||
| 6/12/2026 | Price change | $330,000-4.3%$152/sqft |
Source: | ||
| 5/7/2026 | Listed for sale | $345,000-21.4%$159/sqft |
Source: | ||
| 2/24/2026 | Listing removed | $439,000$202/sqft |
Source: | ||
| 4/7/2025 | Listed for sale | $439,000+2.4%$202/sqft |
Source: | ||
| 11/10/2024 | Listing removed | $428,800$197/sqft |
Source: | ||
| 10/18/2024 | Listed for sale | $428,800$197/sqft |
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| 9/6/2024 | Contingent | $428,800$197/sqft |
Source: | ||
| 9/6/2024 | Listed for sale | $428,800$197/sqft |
Source: | ||
| 8/19/2024 | Listing removed | $428,800$197/sqft |
Source: | ||
| 5/20/2024 | Listed for sale | $428,800+24.3%$197/sqft |
Source: | ||
| 8/10/2022 | Sold | $345,000-5.5%$159/sqft |
Source: | ||
| 7/6/2022 | Pending sale | $365,000$168/sqft |
Source: | ||
| 6/9/2022 | Listed for sale | $365,000+78%$168/sqft |
Source: | ||
| 3/5/2020 | Listing removed | $1,650$1/sqft |
Source: Exclusive Real Estate Management Report a problem | ||
| 2/25/2020 | Listed for rent | $1,650+65.8%$1/sqft |
Source: Exclusive Real Estate Management Report a problem | ||
| 10/12/2017 | Sold | $205,000-8.9%$94/sqft |
Source: | ||
| 7/11/2017 | Listed for sale | $225,000$103/sqft |
Source: Coldwell Banker Holman Premier #2979507 Report a problem | ||
| 1/16/2013 | Listing removed | $995 |
Source: 1st Choice Property Management Report a problem | ||
| 1/8/2013 | Listed for rent | $995 |
Source: Hotpads for Rent Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,093 +2.4% | $272,390 +3% |
| 2024 | $3,021 +4.7% | $264,460 +3% |
| 2023 | $2,885 +1.5% | $256,760 +3% |
| 2022 | $2,842 +4.6% | $249,290 +3% |
| 2021 | $2,717 +1.4% | $242,030 +3% |
| 2020 | $2,681 +2.4% | $234,990 +3% |
| 2019 | $2,618 +2.7% | $228,150 +3% |
| 2018 | $2,548 | $221,510 +9.7% |
| 2017 | $2,548 +14.2% | $201,900 +4.4% |
| 2016 | $2,232 | $193,430 +1.7% |
| 2015 | $2,232 +2.2% | $190,120 -6.7% |
| 2014 | $2,183 +4.3% | $203,670 +26.7% |
| 2013 | $2,092 | $160,770 -0.1% |
| 2012 | -- | $161,000 -6.4% |
| 2011 | $1,677 -21.8% | $172,000 -22.4% |
| 2010 | $2,145 +1.4% | $221,510 +6.1% |
| 2009 | $2,115 -6.4% | $208,800 +3% |
| 2008 | $2,259 +5% | $202,720 -5.8% |
| 2007 | $2,152 +1.6% | $215,245 +1.6% |
| 2006 | $2,119 | $211,858 -0.6% |
| 2004 | -- | $213,170 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Running Y Ranch
Nearby schools
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.







