5481 Gatewood Drive, Klamath Falls, OR 97603
Gatewood · Klamath County
Key Facts
Description
Welcome to 5481 Gatewood! This well-maintained 3-bedroom, 2-bath home offers 1,854 sq ft of comfortable living space on an 8,712 sq ft lot. Fresh interior paint creates a bright, clean feel throughout, giving the home a refreshed and inviting atmosphere from the moment you step inside. The updated kitchen, with Corian countertops, adds both style and function, making it a natural gathering place for everyday living and entertaining. Spacious living areas provide flexibility for relaxing or hosting, while the thoughtful layout offers privacy and comfort across all three bedrooms. Both bathrooms have been nicely updated. Outside, the generous lot provides room to enjoy, garden, or create your ideal outdoor retreat. A 2-car garage adds convenience and additional storage. With key updates already completed and a move-in ready feel, 5481 Gatewood is ready for its next chapter.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Structure Type
House
Year Built
1977
Living Area
1,854 sq ft
Lot Size
0.20 acres
Garage Spaces
2
Days on Market
109
MLS® Listing#
220216512
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Fireplace
Basement
Parking
Patio
Fencing
Lot Features
Construction
Foundation
Roof
Windows
Security
Other Structures
Community
Sewer
Water Source
Schools
- Elementary:
- Peterson Elem
- Middle:
- Henley Middle
- High:
- Henley High
Financial Details
HOA
None
Annual Taxes
$3,279
Tax year 2025
Parcel Number
R3909014DB01400000
Directions
From the Southside Expressway, turn onto Glenwood Drive, immediate right onto Ankeny St. that will turn into Gatewood Drive and home will be on your right.
Affordability Calculator
$70,000
Estimated monthly payment
$1,863/mo
Principal $280,000 · Est. interest $390,625 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Klamath Falls, OR
- $374,172
- Median Listing Price
- 70
- Median Days on Market
- 1,842
- Median Sq Ft
- $215
- Median Price / Sq Ft
- 345
- Active Listings
- This home’s price is 6% below the area median.
- Its price per sq ft is 12% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Klamath Falls, OR.
Location
Points of Interest in Klamath Falls, OR
Showing the Klamath Falls area map.
Nearby Schools
Crosspoint Christian School
Elementary · 0.5 mi away
Brixner Junior High School
Secondary · 0.6 mi away
Peterson Elementary School
Elementary · 1.1 mi away
Stearns Elementary School
Elementary · 1.5 mi away
Mazama High School
Secondary · 1.7 mi away
Ferguson Elementary School
Elementary · 1.8 mi away
Henley Middle School
Secondary · 2.1 mi away
Henley High School
Secondary · 2.1 mi away
First Church of God
Elementary · 2.2 mi away
Triad School
Secondary · 2.2 mi away
Henley Elementary School
Elementary · 2.3 mi away
Shasta Elementary School
Elementary · 2.5 mi away
New Horizon Christian School
School · 2.5 mi away
Falcon Heights Academy
School · 3.4 mi away
Klamath Family Head Start
School · 3.6 mi away
Klamath County School District
School · 3.7 mi away
Mills Elementary School
Elementary · 4.0 mi away
Klamath Falls City Schools
School · 4.0 mi away
Ponderosa Middle School
Secondary · 4.0 mi away
Adventist Christian School
Secondary · 4.2 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 10405 Preddy Avenue, Klamath Falls, OR | $249,000 | 3 | 2 | 1,319 |
| 140 N Wendling Street, Klamath Falls, OR | $249,900 | 2 | 2 | 1,620 |
| 2326 Wantland Avenue, Klamath Falls, OR | $249,900 | 2 | 1 | 877 |
| 2143 Biehn Street, Klamath Falls, OR | $250,000 | 2 | 1 | 1,248 |
| 223 Mortimer Street, Klamath Falls, OR | $252,000 | 3 | 2 | 1,192 |
| 14305 Meadowbrook Court, Klamath Falls, OR | $259,900 | 4 | 2 | 1,809 |
Moving Cost Estimate
EXIT Agents in Klamath Falls
Listing Courtesy: eXp Realty LLC. - 8888149613
Last Updated: 2026-03-06