$1,099,000
1321 Falcon Crest
Merlin, OR 97532 · Falcon Ridge Estates
Active0 days on market$278/sqft
Facts
Listing courtesy of John L. Scott Medford, agent Martin Outdoor Property Group
Data last updated June 22, 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.
Luxury, lifestyle, & infrastructure come together in this custom 3 bed, 3 bath craftsman home on 2.06 acres in Falcon Ridge Estates. Built by Tom Toby, the 3,949 sq ft single level home is complemented by valuable improvements including a 3 car garage w/an additional full bathroom & shop space, storage, & RV cover w/hookups. The home showcases vaulted ceilings, hardwood floors, custom fir trim, solid core doors, granite surfaces, built-ins, & refined finishes. Designed for entertaining, the chef's kitchen features generous prep space, walk-in pantry, multiple islands, bar seating, and connection to the dining, living, & outdoor areas. The spacious primary suite offers dual walk in closets, soaking tub, tile shower, & patio access. Outside, enjoy a private retreat w/gated entry, paved driveway, perimeter deer fencing, stamped concrete patios, covered outdoor living, hot tub, landscaped grounds, garden areas, orchard, irrigation, strong well, automatic generator, & territorial views.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $879,000 · $220,000 down · 30 year term
Monthly cash flow, cap rate, and cash-on-cash return at this price. Every number is an estimate you can adjust to your own financing and rent.
Estimate $5,500 ($4,675–$6,325) · starting estimate. Edit to your own number.
At $1,099,000 with 25% down, this property runs $2,039 per month negative. Adjust the price, down payment, or rent to find what works.
Estimates only, not investment advice or a guarantee of rent, value, or return. Figures depend on the numbers you enter and current market conditions. Verify with your lender, tax advisor, and a Ryan Realty broker before you rely on them.
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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