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Experience luxury living at Running Y Ranch Resort, known as the ''Jewel of Southern Oregon.'' Nestled among towering pines with abundant wildlife, this exceptional estate offers privacy, tranquility, and breathtaking panoramic views of Upper Klamath Lake. Designed for entertaining, multigenerational living, or a peaceful retreat, the home features a chef's kitchen, spacious living areas, and an elevator for convenient access between levels. Enjoy resort-style amenities including an Arnold Palmer-designed championship golf course, indoor pool and spa, fitness center, tennis, pickleball, basketball and volleyball courts, and miles of scenic hiking and biking trails. Currently operating as a successful Airbnb, this property offers excellent income potential while also serving as a luxurious primary residence or vacation home. A rare opportunity to own one of Southern Oregon's premier resort properties. we have an unobstructed view of Mt Mazama which is home to the world's clearest lake
Listing courtesy of Keller Williams Realty Southern Oregon, agent Liz Puffenbarger
Data last updated July 19, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $2,080,000 · $520,000 down · 30 year term
We pull climate risk data from FEMA flood maps, the Deschutes County wildland-urban interface map, and NOAA heat trends. Detailed scoring for this property is on request.
Get the climate reportWe compute vacation rental projections from comparable short-term rentals in the same community, weighted by bed count, view, and amenities. A custom projection for this property is on request.
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