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Ryan Realty works Central Oregon. Our brokers live in Bend and cover the towns around it, from Redmond and Sisters to Sunriver and La Pine. Klamath Falls is outside that area. Our MLS feed is statewide, so this home and its price are live and current — what we cannot tell you is which street in Klamath Falls is the one to buy on.
A broker who works Klamath Falls every day will know it better than we do. Tell us what you need and we will introduce you to one we would use ourselves. No cost, no obligation.
This 3-bed, 2-bath home at 5481 Gatewood Drive in Klamath Falls is listed at $335,000. It has 1,854 square feet, sits on 0.2 acres, was built in 1977, and is in Gatewood. Status is Active, with 42 days on market.
Overview
Interior
Exterior & lot
Systems & utilities
Financial
Listing
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.
A rough estimate, not a quote. Loan amount $268,000 · $67,000 down · 30 year term.
Insurance starts at 0.35% of price each year. Type your quote to replace it.
sold in the last 90 days
0.2 acres on the county assessor's map, tax lot 575657. Klamath County GIS.
Lot lines come from the county assessor’s tax maps. They show the recorded shape of a parcel, not a survey, and they are not a legal boundary. Order a survey before you rely on a line.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share in Klamath Falls. The wash is sales density of closes in the last 90 days; homes for sale and pending stay as marks. Pulses and the sold count are the closes of the last 30 days. Counts and medians cover every listing read for this map. 16 of the 792 sit beyond the frame's edges: counted in every figure, not drawn.
| Date | Event | Price |
|---|---|---|
| Oct 2, 2026 | Price change | $335,000$5K down |
| Sep 3, 2026 | Back on market | $340,000 |
| Aug 6, 2026 | Price change | $340,000$10K down |
| Jun 23, 2026 | Price change | $350,000$10K down |
| Jun 11, 2026 | Price change | $360,000$10K down |
| May 6, 2026 | Price change | $370,000$10K down |
| Mar 18, 2026 | Price drop | $380,000$15K down |
| Mar 6, 2026 | Listed | $395,000 |
| Year | Tax |
|---|---|
| 2025 | $3,279 |
Tax as filed on the listing. Klamath County. Parcel R3909014DB01400000.
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Tour requests usually get a same-day reply.
Listing courtesy of eXp Realty LLC.
Data last updated October 15, 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.
