






Masterpiece in the heart of Klamath Falls! This 1927 Wattenburg home has been professionally researched, restored, and remodeled from top to bottom with no expense spared preserving its historic character while seamlessly blending timeless elegance with modern luxury. 3,248 sq. ft., Features include 3 bedrooms with walk-in closets, a flex room/4th bedroom, 3.5 remodeled baths, office, sunroom, and full daylight basement with guest space and full bath adding 927 sq. ft. Original architectural details, hardwood floors, and exceptional craftsmanship shine throughout. Gourmet kitchen, granite counters, top-of-the-line hardware, abundant storage, a chef's gas range, and Thermador refrigerator. Permitted plumbing and electrical updates, hydronic radiant heat, and an on-demand water heater provide modern efficiency. Fully fenced yard, reinforced deck built for a hot tub, patio, garden, dog run, 2 detached garages, 1 w/ a workshop. Near parks, downtown, shopping, dining, and entertainment.
Listing courtesy of Fisher Nicholson Realty, LLC, agent Nicole Schmerbach
Data last updated July 3, 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 $389,000 · $97,000 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 $2,425 ($2,050–$2,800) · starting estimate. Edit to your own number.
At $486,000 with 20% down, this property runs $1,185 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.
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