See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

7939 Gatewood Oval, Gates Mills, OH, 44040

5beds
3baths
2,640sqft
$649,900
$246price/sqft
$4,918/moest. monthly cost
$196,720/yrincome needed

About This Home

Spacious colonial with unlimited potential. 5 bedrooms and two full and one have baths. This home has a large living room, dining room and family room along with an eat in kitchen. There is one bedroom on the first floor which could also be used as a den or office. A nice big primary suite is upstairs with a full bath and walk in closet. Three more bedrooms are upstairs with another full bath. Big basement for storage or can be finished as additional living space. This home sits on 2.5 acres in lovely Gates Mills. There is a 2.5 gar attached garage. The yard is partially fenced with a black vinyl coated fence around pool area. New hot water tank in 2026, and new sump pump in 2022.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
19
BikeSomewhat Bikeable

Schools

9/10
8/10
Mayfield Middle SchoolGrades 6-93.6 mi
8/10
Mayfield High SchoolGrades 9-124.1 mi

Construction

Condition

  • Year built: 1984

Materials

  • Foundation: Brick/Mortar
  • Roof: Asphalt,Fiberglass
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Disposal,Microwave,Range,Refrigerator,Water Softener,Washer
  • Laundry features: Electric Dryer Hookup,Main Level,Laundry Room,Laundry Tub,Sink

Basement

  • Has basement: Yes
  • Basement: Full,Sump Pump

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Breakfast Bar,Ceiling Fan(s),Entrance Foyer,Eat-in Kitchen,Kitchen Island,Pantry,Track Lighting,Walk-In Closet(s)
  • Window features: Window Treatments
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes
  • Finished area above ground: 2,640

Heating & Cooling

  • Heating features: Forced Air,Gas
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 2,640
  • Total interior livable area: 2,640 sqft

Property

Details

  • Parcel number: 84106013

Features

  • Levels: Two
  • Stories: 2
  • Private pool: Yes
  • Pool features: In Ground
  • Fencing: Chain Link,Partial
  • Has view: Yes
  • View description: Trees/Woods

Lot

  • Lot size: 2.50 Acres
  • Features: Wooded

Parking

  • Total spaces: 2
  • Parking features: Attached,Electricity,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Tornado
Winter Weather
Tsunami

FEMA Declared Disasters Across Ohio Counties

Flood
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,286$39,432
Home Insurance *$326$3,912
Property Taxes $1,023$12,276
Electricity $283$3,397
Total$4,918$59,016
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$168,617/yr
40% on housing$147,540/yr
45% on housing$131,146/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$246This listing

vs Other Active Listings

Avg $/sqft

ZIP 44040$260
Cuyahoga County$124

vs Homes Sold Last Month

Median $/sqft

ZIP 44040$237
Cuyahoga County$144

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-02Listed for sale$649,900

For Sale by Agent

AgentCynthia M Chiudioni
BrokerageCC Sells Homes, LLC.

Similar Homes