5545 SKYLINE RD, Salem, OR 97301
Listing Courtesy of Latitude Regenerative Real Estate.
- $1,250,000
- List Price
- $1,250,000
- Status
- PENDING
- Days on Market
- 358
- MLS#
- 447911439
- Subtype
- Residential/Recreational
- Lot Size
- 315,810
- Acres
- 7.25
- MLS Area Major
- Marion Co: South Salem
Property Description
This beautiful 7.25-acre lot is level and gently sloped. The properties eastern edge is the boundary between Marion County and Salem. The site is an ideal candidate for annexation into the city which will transition UT-5 zoning to Residential and unlock huge development potential. The property has mature trees and large acreage neighbors to the north and west. This is an excellent location for a development connected to nature with great proximity to the city core. Property to the east was annexed and developed around 2020 with 19 homes built on less than 3 acres. Utilities and roads are at the property line in multiple locations waiting to be extended. The existing home is a habitable 1916 farmhouse with an attached apartment. Huge shop with 3 phase power, horse barn, and RV parking are also present.
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Additional Information
- Zoning
- UT-5
- Elementary School
- Schirle
- Middle School
- Crossler
- High School
- Sprague
- View
- Territorial
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