# 5481 Gatewood Drive, Klamath Falls, OR 97603 > **TL;DR:** 3bd/2ba single family, $335,000 ($181/sqft), built 1977, 1,854 sqft. > Fireplace, View, A/C, 2-car garage. Est. $1,792/mo. Listed 240 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $335,000 | | Price/sqft | $181 | | Bedrooms | 3 | | Bathrooms | 2 full | | Square Feet | 1,854 | | Year Built | 1977 | | Lot Size | 8,712 sqft (0.20 acres) | | Stories | 1 | | Garage | 2-car | | Property Type | Single Family (Single Family Residence) | | Status | Active | | Days on Market | 240 | ## Why This Home Stands Out - **Views** - Territorial ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,694 | | Estimated Insurance | $98 | | **Total** | **$1,792** | ## Nearby Schools - **Elementary:** Peterson Elem - **Middle:** Henley Middle - **High:** Henley High ## Key Amenities - Fireplace - View - A/C - 2-car garage ## Property Highlights - Built in 1977 - 0.20 acre lot - Fireplace ## Description ### Agent 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. ## Location - **Address:** 5481 Gatewood Drive, Klamath Falls, OR 97603 - **County:** Klamath - **Neighborhood:** Gatewood - **Coordinates:** 42.174798, -121.72551 - **Google Maps:** https://www.google.com/maps?q=42.174798,-121.72551 ## Listing Agent - **Name:** Jill C Russel - **Brokerage:** eXp Realty - **Broker Phone:** (888) 814-9613 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/5481-Gatewood-Dr_Klamath-Falls_OR_97603_M25592-96550?f=listhub&s=ODOR&m=220216512&c=propsimple) ## Photos ![5481 Gatewood Drive - Photo 1](http://lh.rdcpix.com/7d61b8bc6b2c69cc509586587a40a5fal-f2454194456r.jpg) ![5481 Gatewood Drive - Photo 2](http://lh.rdcpix.com/7d61b8bc6b2c69cc509586587a40a5fal-f4288726393r.jpg) ![5481 Gatewood Drive - Photo 3](http://lh.rdcpix.com/7d61b8bc6b2c69cc509586587a40a5fal-f3996382974r.jpg) ![5481 Gatewood Drive - Photo 4](http://lh.rdcpix.com/7d61b8bc6b2c69cc509586587a40a5fal-f1284704940r.jpg) ![5481 Gatewood Drive - Photo 5](http://lh.rdcpix.com/7d61b8bc6b2c69cc509586587a40a5fal-f4290462468r.jpg) ![5481 Gatewood Drive - Photo 6](http://lh.rdcpix.com/7d61b8bc6b2c69cc509586587a40a5fal-f1691989154r.jpg) ![5481 Gatewood Drive - Photo 7](http://lh.rdcpix.com/7d61b8bc6b2c69cc509586587a40a5fal-f565645004r.jpg) ![5481 Gatewood Drive - Photo 8](http://lh.rdcpix.com/7d61b8bc6b2c69cc509586587a40a5fal-f1473832702r.jpg) ![5481 Gatewood Drive - Photo 9](http://lh.rdcpix.com/7d61b8bc6b2c69cc509586587a40a5fal-f2988538861r.jpg) ![5481 Gatewood Drive - Photo 10](http://lh.rdcpix.com/7d61b8bc6b2c69cc509586587a40a5fal-f4170953175r.jpg) ![5481 Gatewood Drive - Photo 11](http://lh.rdcpix.com/7d61b8bc6b2c69cc509586587a40a5fal-f89118363r.jpg) ![5481 Gatewood Drive - Photo 12](http://lh.rdcpix.com/7d61b8bc6b2c69cc509586587a40a5fal-f3792891187r.jpg) ![5481 Gatewood Drive - Photo 13](http://lh.rdcpix.com/7d61b8bc6b2c69cc509586587a40a5fal-f1722244697r.jpg) ![5481 Gatewood Drive - Photo 14](http://lh.rdcpix.com/7d61b8bc6b2c69cc509586587a40a5fal-f574128753r.jpg) ![5481 Gatewood Drive - Photo 15](http://lh.rdcpix.com/7d61b8bc6b2c69cc509586587a40a5fal-f2795407969r.jpg) ![5481 Gatewood Drive - Photo 16](http://lh.rdcpix.com/7d61b8bc6b2c69cc509586587a40a5fal-f3346243543r.jpg) ![5481 Gatewood Drive - Photo 17](http://lh.rdcpix.com/7d61b8bc6b2c69cc509586587a40a5fal-f1931103834r.jpg) ![5481 Gatewood Drive - Photo 18](http://lh.rdcpix.com/7d61b8bc6b2c69cc509586587a40a5fal-f1468925642r.jpg) ![5481 Gatewood Drive - Photo 19](http://lh.rdcpix.com/7d61b8bc6b2c69cc509586587a40a5fal-f3138940940r.jpg) ![5481 Gatewood Drive - Photo 20](http://lh.rdcpix.com/7d61b8bc6b2c69cc509586587a40a5fal-f1697898663r.jpg) ![5481 Gatewood Drive - Photo 21](http://lh.rdcpix.com/7d61b8bc6b2c69cc509586587a40a5fal-f1407597203r.jpg) ![5481 Gatewood Drive - Photo 22](http://lh.rdcpix.com/7d61b8bc6b2c69cc509586587a40a5fal-f3668073857r.jpg) ![5481 Gatewood Drive - Photo 23](http://lh.rdcpix.com/7d61b8bc6b2c69cc509586587a40a5fal-f1594626492r.jpg) ![5481 Gatewood Drive - Photo 24](http://lh.rdcpix.com/7d61b8bc6b2c69cc509586587a40a5fal-f4257276240r.jpg) ![5481 Gatewood Drive - Photo 25](http://lh.rdcpix.com/7d61b8bc6b2c69cc509586587a40a5fal-f1045824558r.jpg) --- **MLS#:** 220216512 | **Updated:** 2026-10-31 **Source:** listhub *Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/5481-gatewood-drive-klamath-falls-or-97603-5c5f70e16fd74733a7c5437684a32a47) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/5481-gatewood-drive-klamath-falls-or-97603-5c5f70e16fd74733a7c5437684a32a47#listing", "url": "https://staging.propertysimple.ai/listing/5481-gatewood-drive-klamath-falls-or-97603-5c5f70e16fd74733a7c5437684a32a47", "name": "5481 Gatewood Drive, Klamath Falls, OR 97603", "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. 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