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5168 Regency Dr, Klamath Falls, OR, 97603

3beds
2baths
1,649sqft
$399,999
$243price/sqft
$2,943/moest. monthly cost
$117,720/yrincome needed

About This Home

This beautiful turn-key 3 Bedroom, 2 Bathroom home nestled in Klamath Falls desirable Gatewood neighborhood, just minutes from Kingsley Field is on the market! The single-level home offers a thoughtful layout with two comfortable living rooms, perfect for both relaxing and entertaining. The open-concept kitchen is centrally located and flows easily between both living spaces making it the heart of the home. Step outside and enjoy nearly half an acre of outdoor space including a nice sized deck, RV parking, an outdoor shed and fully fenced backyard. With engineered hardwood flooring throughout the house, a sprinkler system in both the front and backyard, and a blink security system this property only offers the best. With upgraded fixtures throughout the house, an attached 2-car garage and additional parking you won't want to miss out on this gem! A new roof is scheduled to be put on at the end of May!

Getting Around

14
WalkingCar-Dependent
20
TransitMinimal Transit
38
BikeSomewhat Bikeable

Schools

3/10
1/10
5/10
Mazama High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 2004

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Disposal,Microwave,Oven,Refrigerator,Water Heater

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Features

  • Window features: Vinyl Frames
  • Flooring: Carpet,Tile
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

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

Interior Area

  • Total structure area: 1,649
  • Total interior livable area: 1,649 sqft

Property

Details

  • Parcel number: 890287
  • Zoning description: SF
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Fencing: Fenced
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 0.44 Acres
  • Features: Corner Lot,Landscaped,Level,Sprinklers In Front,Sprinklers In Rear

Parking

  • Total spaces: 2
  • Parking features: Attached,Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

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

  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Inland Flooding
Earthquake
Heat Wave
Lightning

FEMA Declared Disasters in Klamath County and Oregon

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
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 $2,022$24,264
Home Insurance *$130$1,560
Property Taxes $615$7,380
Electricity $176$2,119
Total$2,943$35,316
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$100,902/yr
40% on housing$88,290/yr
45% on housing$78,480/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

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: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: -2.0%
-2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$243This listing

vs Other Active Listings

Avg $/sqft

ZIP 97603$193
Klamath County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 97603$210
Klamath County$207

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
2026-04-28Listed for sale$399,999
2025-09-17Listing removed$400,000
2025-08-26Pending sale$400,000
2025-08-08Price change$400,000
2025-07-28Price change$410,000
2025-07-19Listed for sale$420,000
2020-12-04Sold$283,000
2020-10-19Pending sale$283,000
2020-10-17Listed for sale$283,000
2017-09-14Sold$239,000
2017-07-30Pending sale$239,000
2017-07-25Listed for sale$239,000
2005-03-25Sold$203,000

For Sale by Agent

AgentAlexis Truett
BrokerageFisher Nicholson Realty, LLC

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