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5420 Farallon Dr, Kalamazoo, MI, 49009

5beds
4baths
3,415sqft
$574,900
$168price/sqft
$4,129/moest. monthly cost
$165,160/yrincome needed

About This Home

Beautifully updated and move-in ready, this low-maintenance walkout ranch offers the space, flexibility, and style today's buyers are looking for. With 5 bedrooms and 3.5 baths, the layout is ideal for everyday living, entertaining, working from home, or hosting guests. The spacious primary suite features dual closets, while the main level offers split bedrooms, comfortable gathering spaces, and a functional kitchen at the heart of the home. The finished walkout lower level adds even more versatility with 2 additional bedrooms, a brand-new full bath, oversized second living area, workshop space, abundant storage, and a second kitchen setup perfect for entertaining, meal prep, hobbies, or multi-generational living. Set on an extra-large corner lot in a quiet, walkable neighborhood known for its strong community feel and spacious lots, there's plenty of room to add a pool, pole barn, or create your dream outdoor space. Conveniently located near shopping, parks, schools, and highways.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

8/10
Mattawan High SchoolGrades 7-122.6 mi
7/10
Mattawan Middle SchoolGrades 6-82.6 mi

Construction

Condition

  • Year built: 2005

Materials

  • Roof: Composition
  • Construction materials: Brick,Stone,Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Humidifier,Dishwasher,Disposal,Microwave,Range,Refrigerator
  • Laundry features: Laundry Room,Main Level

Basement

  • Has basement: Yes
  • Basement: Full,Walk-Out Access

Bathroom2

  • Level: Main
  • Area: 25.5
  • Dimensions: 5.10 x 5.00

Bathroom4

  • Level: Lower
  • Area: 128.82
  • Dimensions: 11.30 x 11.40

Bedroom2

  • Level: Main
  • Area: 123.4321
  • Dimensions: 11.11 x 11.11

Bedroom3

  • Level: Main
  • Area: 149.985
  • Dimensions: 11.11 x 13.50

Bedroom4

  • Level: Lower
  • Area: 167.68
  • Dimensions: 13.10 x 12.80

Bedroom5

  • Level: Lower
  • Area: 170.43
  • Dimensions: 13.11 x 13.00

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bedrooms: 3

Bonus Room

  • Level: Lower
  • Area: 386.28
  • Dimensions: 34.80 x 11.10

Dining Area

  • Level: Main
  • Area: 142.78
  • Dimensions: 11.80 x 12.10

Dining Room

  • Level: Main
  • Area: 135.72
  • Dimensions: 11.60 x 11.70

Family Room

  • Level: Lower
  • Area: 665.7321
  • Dimensions: 30.11 x 22.11

Features

  • Ceiling Fan(s),Eat-in Kitchen,Pantry
  • Window features: Screens,Insulated Windows,Window Treatments
  • Flooring: Carpet,Ceramic Tile,Wood
  • Fireplace features: Gas Log,Living Room
  • Finished area below ground: 1,150

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,265
  • Total interior livable area: 3,415 sqft

Kitchen

  • Level: Main
  • Area: 119.18
  • Dimensions: 11.80 x 10.10

Laundry

  • Level: Main
  • Area: 130.2
  • Dimensions: 12.40 x 10.50

Living Room

  • Level: Main
  • Area: 464.2
  • Dimensions: 21.10 x 22.00

Master Bathroom

  • Level: Main
  • Area: 88.35
  • Dimensions: 9.30 x 9.50

Master Bedroom

  • Level: Main
  • Area: 358.38
  • Dimensions: 18.10 x 19.80

Utility Room

  • Level: Lower
  • Area: 577.39
  • Dimensions: 31.90 x 18.10

Property

Details

  • Parcel number: 0906300420

Features

  • Stories: 1

Lot

  • Lot size: 0.82 Acres
  • Features: Corner Lot,Ground Cover,Shrubs/Hedges
  • Lot size dimensions: IRR - Pie Shaped

Parking

  • Total spaces: 3
  • Parking features: Garage Faces Front,Attached,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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

  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Tornado
Cold Wave
Strong Wind
Winter Weather

FEMA Declared Disasters in Kalamazoo County and Michigan

Severe Ice Storm
Winter Storm

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 $2,907$34,884
Home Insurance *$204$2,448
Property Taxes $646$7,752
Electricity $372$4,469
Total$4,129$49,548
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$141,565/yr
40% on housing$123,870/yr
45% on housing$110,106/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

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: -4.9%
-4.9%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$168This listing

vs Other Active Listings

Avg $/sqft

ZIP 49009$169
Kalamazoo County$152

vs Homes Sold Last Month

Median $/sqft

ZIP 49009$184
Kalamazoo County$166

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
2026-05-06Price change$585,000
2026-04-24Price change$595,000
2026-04-07Price change$600,000
2026-03-25Price change$620,000
2026-03-11Listed for sale$625,000
2018-11-30Sold$330,000
2018-11-02Pending sale$339,900
2018-09-25Price change$339,900
2018-09-06Price change$349,900
2018-08-14Price change$359,900
2018-07-13Listed for sale$369,900
2012-05-14Sold$272,000
2012-02-18Listed for sale$289,900
2006-10-06Sold$350,000
2005-03-25Sold$51,000

For Sale by Agent

AgentJulie A Reisner
BrokerageNextHome ONE of Kalamazoo

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