This awesome river-front home is located in the highly desirable Two Rivers North Subdivision with views of Cappy Mountain, Burn Butte and Little Deschutes River. Fine craftsmanship and a great floor plan make this a river front dream home. Once completed, the basement with separate entrance and plenty of room for 2 bedrooms, living and dinning areas as well as plumbing for a full bathroom, laundry room, and kitchenette,can create a great income rental. Enjoy Mountain living surrounded the Deschutes National forest and miles of trails right from your driveway. Snowmobile or ride off road vehicles to Miller,Crescent,Crater,or Davis Lakes and beyond. Enjoy fishing and swimming from your own property with 200 ft. of river frontage. Just a short drive to Odell Lake and Willamette Pass Ski Resort. Illness forces sale on this 2,900 square foot home with main level completed. Come check out this oasis and make an offer.
Closed
$589,000
124484 Paunina St, Crescent Lake, OR 97733
3beds
3baths
2,960sqft
Single Family Residence
Built in 2023
1.63 Acres Lot
$653,900 Zestimate®
$199/sqft
$3,408 Estimated rent
Home value
$653,900
$608,000 - $706,000
$3,408/mo
Zestimate® history
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Est. payment
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: February 10, 2026 at 04:22am
Listed by:
Crescent Lake Realty LLC 541-433-5368
Bought with:
Crescent Lake Realty LLC
Source: Oregon Datashare,MLS#: 220165701
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- Electric
Cooling
- Ductless
Features
- Flooring: Carpet, Simulated Wood
- Basement: Daylight
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,960
- Total interior livable area: 2,960 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 1.63 Acres
Details
- Parcel number: 163334
- Zoning description: R2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman,Northwest
- Property subtype: Single Family Residence
Materials
- Concrete, Frame
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: Yes
- Year built: 2023
Utilities & green energy
- Sewer: Septic Tank, Standard Leach Field
- Water: Well
Community & neighborhood
Location
- Region: Crescent Lake
- Subdivision: Two Rivers North
Other
Other facts
- Listing terms: Cash,Conventional,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 10/13/2023 | Sold | $589,000-9.4%$199/sqft |
Source:  Oregon Datashare #220165701 Report a problem | ||
| 8/31/2023 | Pending sale | $649,995$220/sqft |
Source:  RMLS (OR) #23282195 Report a problem | ||
| 7/14/2023 | Price change | $649,995-6.5%$220/sqft |
Source: Oregon Datashare #220165701 Report a problem | ||
| 7/3/2023 | Price change | $695,000-5.7%$235/sqft |
Source: Oregon Datashare #220165701 Report a problem | ||
| 6/9/2023 | Listed for sale | $737,000+821.3%$249/sqft |
Source: Oregon Datashare #220165701 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,506 +656.5% | $272,950 +759.4% |
| 2023 | $464 +14.2% | $31,760 +3% |
| 2022 | $406 +2.8% | $30,840 +3% |
Find assessor info on the county website
Neighborhood: 97733
Nearby schools
GreatSchools rating
- 7/10Gilchrist Elementary SchoolGrades: K-6Distance: 11.5 mi
- 2/10Gilchrist Junior/Senior High SchoolGrades: 7-12Distance: 11.5 mi
Schools provided by the listing agent
- Elementary: Gilchrist Elem
- Middle: Gilchrist Jr/Sr High
- High: Gilchrist Jr/Sr High
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
- Chemult
- 97733
- 124484 Paunina St