5501 LIPSCOMB ST, Salem, OR 97317

Listing Courtesy of HomeSmart Realty Group.

$2,500,000
5
BD
5
BA
5,943
SqFt

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List Price
$2,500,000
Status
ACTIVE
Days on Market
39
Price Change
▼ $100,000 1782369283
MLS#
334816575
Subtype
Single Family Residence
Style
2 Story
Year Built
2025
Bedrooms
5
Bathrooms
5
Full Baths
5
Living Area
5,943
Lot Size
116,740
Acres
2.68
MLS Area Major
Marion Co: Southeast Salem

Property Description

Tour of Homes luxury estate on acreage with stunning valley views! This exceptional residence showcases exposed beams, curved entryways, and high-end finishes throughout. A single-level layout with a full basement offers excellent dual living potential. Enjoy 5 spacious bedrooms—each an en suite with walk-in closets—along with 2 half baths. The chef’s kitchen is designed to impress, featuring a 60” gas range, oversized island, and a fully equipped butler’s pantry with an additional dishwasher. The lower level is ideal for entertaining with a wet bar complete with mini fridge, ice maker, and dishwasher. Elevated finishes include custom cabinetry, engineered hardwood (waterproof and wear-resistant) and tile flooring throughout—including limestone—natural stone countertops, custom iron railings, and thoughtfully curated lighting and plumbing fixtures. Venetian plaster accents enhance the master shower, range hood, and fireplace, while radiant heated tile floors bring comfort to the upstairs suites. Smart and functional upgrades include Lutron smart home lighting, integrated indoor/outdoor sound, a constant pressure water system with filtration, and a washer/dryer conveniently located in the primary closet.Outdoor living is equally impressive, featuring a covered deck, full outdoor kitchen with a 44” gas range, refrigerator, and pass-through window, gas heaters in the dining area, and an outdoor gas fire table—perfect for year-round enjoyment. The property also offers a hot tub, irrigated landscaping with lighting and raised garden beds, hot/cold outdoor water spigots, and built-in dog kennels with a dedicated dog wash. Additional highlights include a paved asphalt driveway leading to a 1,500 sq ft 3-car garage (mini-split ready and pre-wired), plus an additional 1,200 sq ft of flexible space—ideal for storage, a home office, gym, or more.

Additional Information

Interior Features
Heated Tile Floor, High Ceilings, Home Theater, Laundry, Soaking Tub, Sound System
Exterior Features
Covered Deck, Free-Standing Hot Tub, Raised Beds
Property Description
2 Story
Zoning
RES
Exterior Features
Covered Deck, Free-Standing Hot Tub, Raised Beds
Stories
2
Parking
Driveway
Parking Features
Driveway
Garage Spaces
3
Elementary School
Turner
Middle School
Cascade
High School
Cascade
View
Mountain(s)

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