Above $1 Million Salem OR Real Estate, Homes, Condos for Sale

There is no other home like this in Oregon. LOW TAXES. South Salem estate on 5+ acres w/ 3,850 sqft custom masonry and steel construction, featuring 12'6" ceilings, a chef's kitchen with a 13-ft island, heated floors throughout - including the 1,600 sqft garage - and a hidden spiral staircase leading to a cigar lounge + additional sqft beyond the 1,100 sqft detached guest space. Unbeatable park-like setting with direct access to Croisan Creek Trails.

4005 Cloudview Dr S, Salem

Listing Courtesy of DORE. Cell: 541-250-1065

$1,350,000

3 Beds ⋅ 3 Baths ⋅ 831179 MLS

Stangeland Winery & Estate Vineyard. Eola-Amity Hills AVA. 3 +/- Acres of Pinot Noir vines & 1 +/- Acre Chardonnay vines. 10 tons average annual production. Vineyard established in 1978. 2,481 sq ft custom house with panoramic views. Fully equipped wine tasting room & winery. 2023 & 2024 wine negotiable. Turn key, well established, highly respected business & brand. Some winery equipment included - additional equipment to be negotiable. Tasting Room has limited hours, by appointment only.

8500 Hopewell Rd Nw, Salem

Listing Courtesy of LEE REAL ESTATE. Direc: 503-245-9090

$1,730,000

803831 MLS

Commercial IG-zoned property w/multiple income streams: industrial building, detached office & several residential units(duplex & house)Industrial space features forced-air heat, 3-phase power & air piping. Separate ffice includes mini-split & bath. Fully fenced w/rolling gate. Adjacent .21-acre paved lot w/transfer loading dock. Investor or owner-user opportunity. Seller may carry contract. Lease potential. Seller is also willing to sell adjacent parcel w/similar shop, office & home on .33acre-ask agent.

3620 Mainline (&1625 Candlewood) Dr Ne, Salem

Listing Courtesy of REAL BROKER. Agent: 503-949-3087

$1,295,000

4 Beds ⋅ 3 Baths ⋅ 822107 MLS

Fairmount Hill Brick English Provincial Estate on .66 acres. Stunning Lord & Schryver landscape. Pristine original woodwork, vintage paneled library, 3 fireplaces, 2 staircases. Beautiful large bedroom suite, 3 extensive tile bathrooms, Kitchen w/ marble counters & high-end Miele appliances & heated floors. Nooks, wood floors, extensive updates. Basement w/ lrg fam room, wine cellar, wet bar, storage + woodshop area. 2 greenhouses, viewpoint with concrete pavers. Rose gardens, pond. Property of a lifetime.

460 Leffelle St S, Salem

Listing Courtesy of HOMESTAR BROKERS. Direc: 503-999-1516

$2,300,000

20 Beds ⋅ 14 Baths ⋅ 838615 MLS ⋅ 8th St Nw BLDG.

Lovely setting in West Salem, close to shopping and downtown. The cottage-cluster vibe, with 1- and 2-bedroom single-level units, makes these easy renters; all units have off-street parking. Most units have recent updates! Some units have electric fireplace inserts and dish washers. On-site laundry facility.

1254 8th St Nw, Salem

Listing Courtesy of REALTY FIRST LLC. Cell: 503-932-4051

$1,420,000

834893 MLS ⋅ 2160-2166 Davcor St Se BLDG.

Centrally located flex building with great parking and multiple options for being an owner user as well as obtaining rental income from other tenants. Currently 3,665 SF of vacancy and there is an option for more space. Buyer to do their own due diligence to determine if the property is located in the Oregon Enterprise Zone. Financials and lease information available upon request. Please do notdisturb the tenants.

2160-2166 Davcor St Se, Salem

Listing Courtesy of SMI REAL ESTATE. Cell: 503-884-1273

$1,750,000

4 Beds ⋅ 6 Baths ⋅ 839322 MLS

Chinook Estates, built in 1978, HOA $375 per year. 5.82 acres, includes vegetable garden area. Unparalleled 180 degree views of Cascades, Coast Range, Willamette River & beautiful valley below. Apx. 5379 SF, 4 bds, 4 full & 2 half baths, magnificent turret rm, huge bonus/game/theater/exercise rm or possible separate living area with full bath. Large, private office. All the quality you would expect, stone, hardwood, tile & carpet. Expansive decks with magnificent views. Up to 5 car garage.

3794 E Nanitch Cir S, Salem

Listing Courtesy of HOMESMART REALTY GROUP. Cell: 503-580-1483

$1,350,000

4 Beds ⋅ 5 Baths ⋅ 832124 MLS

Perched above the Willamette River in the heart of the Eola Hills, this private 8-acre estate offers a rare combination of sweeping views, refined craftsmanship, and complete serenity-just minutes from downtown. Relax on the expansive deck while enjoying evening sunsets and the beautifully landscaped grounds with irrigation, extensive concrete paving, and landscape lighting. Plenty of room for cars or toys in the detached 1200 sqft 4 car garage/shop. Possible multi-generational living option.

341 Maple Hill Dr Nw, Salem

Listing Courtesy of BERKSHIRE HATHAWAY HOMESERVICES R E PROF. Agent: 503-551-6100

$1,500,000

6 Beds ⋅ 9 Baths ⋅ 832944 MLS

Motivated Seller Luxury living meets rare opportunity—with four distinct living areas spanning over 5,000 sq ft, highlighted by heated travertine floors, rich woodwork, granite finishes, gas fireplaces, and a tranquil courtyard with koi pond. Originally built in 1904 and thoughtfully expanded beginning in 2012, this gated estate blends timeless craftsmanship with modern upgrades. The main home includes multiple living areas, while a separate 1,500 sq ft caretaker’s home offers its own kitchen, bedrooms, and living space. A guest suite and additional quarters add even more flexibility—perfect for multi-generational living, rental income, or extended guests.Commercial amenities include a 2,100 sq ft shop with storefront and half bath, a 960 sq ft rear shop, mill house, and loft. The property also offers a 4-car garage, carport, and RV hookups, with the driveway engineered to handle heavy trucks.Zoned General Industrial with a grandfathered residence, this unicorn property offers both luxury living and business potential, with projected rental income of approx. $10,000/month when fully leased. Too much to list here—contact the Listing Agent for a full property report with detailed specs and approved uses.

3795 Blossom Dr Ne, Salem

Listing Courtesy of EXP REALTY, LLC. Cell: 503-428-1741

$1,150,000

3 Beds ⋅ 4 Baths ⋅ 836109 MLS

Top-of-the-hill views at Illahe set the stage for this exceptional one-owner, Kaufman-built home. Quality, craftsmanship, & architectural detail shine throughout, complemented by meticulous maintenance & timeless design—outstanding opportunity to make it your own. Striking tongue-and-groove ceilings & well-placed windows capture sweeping views & fill the home w/ natural light. An exceptional main-floor primary suite offers true luxury w/dual bathrooms & walk-in closets. Oversized garage & low county taxes.

3485 Cherokee Dr S, Salem

Listing Courtesy of RE/MAX INTEGRITY - SALEM. Cell: 503-931-8516

$2,500,000

4 Beds ⋅ 7 Baths ⋅ 828382 MLS

Rare Riverfront Estate in the Heart of Wine Country...Welcome to River Cove Farm! Truly a one-of-a-kind riverfront estate in the Willamette Valley wine country, just minutes from downtown Salem. Set on 19.05 lush acres with Willamette River frontage and a private cove for boat tie-up, this gated property offers abundant privacy and natural beauty. Flexible living areas throughout the property are well-suited for remote work, multi-generational living, or simply spreading out in comfort. Nestled in Willamette Valley wine country, a long, paved driveway winds past pastures and fruit trees to a stately Georgian-style home that exudes timeless elegance from the moment you arrive. The floor plan is designed for comfort and versatility. The main-level primary suite creates a serene retreat with a cozy fireplace and an ensuite bath. Upstairs, additional bedrooms and two full bathrooms provide ample living space. A charming, third floor sun-filled loft with a large closet and half bath offers endless possibilities—ideal as a guest hideaway, children’s bunkroom, or hobby space.Thoughtfully appointed living spaces make this home perfect for both everyday living and special occasions. A refined library with built-ins and a majestic living room capture sweeping views of the grounds, while the elegant kitchen and formal dining room set the stage for memorable gatherings. A fully renovated, expansive recreation room with kitchenette and full bath, connected to the main house via a breezeway, can be used for entertaining or as an in-law unit. A standalone cottage with one bedroom plus an office offers even more dwelling options.Outdoors, the property is a true gardener’s and hobby farmer’s paradise. Relax on the spacious patio and take in the river views, or explore the pastures, fruit trees, and landscaped grounds. A large shop/barn supports a variety of projects, and the delightful, oversized chicken house—adorned with a school bell and accompanied by a fenced chicken yard—adds a touch of storybook charm. Children (and adults) will love ringing the bell when they find fresh eggs.River Cove Farm offers the best of both worlds: a serene, country setting and easy access to all the conveniences and cultural options of downtown Salem.

4698 Wallace Rd Nw, Salem

Listing Courtesy of BLUM REAL ESTATE. Direc: 503-485-1900

$1,990,000

4 Beds ⋅ 4 Baths ⋅ 835558 MLS

RARE 2 ACRES W/ COMMANDING MOUNTAIN VIEWS. Exceptional 5960sf home featuring elevator, soaring great room with dramatic two-sided fireplace, chef’s kitchen, & luxurious suites. Daylight level offers flexible living & entertaining space. Resort-style pool pavilion with indoor pool, slide, spa & lounge, + 1978sf executive shop with RV bay & bath ideal for collector vehicles, gym, golf simulator or hobby space. Gated, oversized garage, central air & exceptional privacy. County notes 3 bedroom, buyer to verify.

3252 Mt Kuebler Dr S, Salem

Listing Courtesy of TRADITION REAL ESTATE PARTNERS. Agent: 503-409-9222

$3,250,000

3 Beds ⋅ 2 Baths ⋅ 834066 MLS

Incredible opportunity to own five tax lots totaling 93.92 acres of prime EFU-zoned land, surrounded by AR5 properties. The majority of the acreage is a beautifully maintained orchard with a history of vineyard contracting. Enjoy sweeping territorial and mountain views, a year-round creek, and a serene pond on the included parcel across the road. The main home has been extensively remodeled over the years, featuring a new roof, ductless mini-split system, and a beautifully landscaped yard. Inside, a welcoming family room with a fireplace and sliding doors opens onto a spacious deck. The kitchen is bright and functional with a skylight and elegant cabinetry. The primary bedroom is conveniently located on the main level, while upstairs offers two additional bedrooms and a versatile bonus space. The basement provides a private office and a large flex room ideal for media, recreation, or hobbies. For equipment, business operations, or hobbies, the property offers two fully serviced shops (34x70 and 32x48), each equipped with power and water for maximum functionality. The second home includes 2 bedrooms, 1 bathroom, a cozy living room with fireplace, kitchen with dining area, and an unfinished basement with laundry hookups—perfect for a future family room, office, or creative space. It also features its own ductless heat system and a 30x30 shed. Water for the rental cabin is shared with the main house. This rare offering combines agricultural income potential with residential versatility. Whether for farming, vineyard operations, or a private retreat, the property’s multiple residences, breathtaking views, and productive land make it truly exceptional. Don’t miss your chance to own this unique and versatile estate!

4370 Eagle Crest Rd Nw, Salem

Listing Courtesy of EXP REALTY, LLC. Cell: 503-389-0821

$1,648,310

839353 MLS

Prime opportunity to develop near Kuebler and I5 - across from Costco!The property is located on the signalized corner of Kuebler Blvd and Battle Creek RdSE, less than one mile from the I-5 interchange.Public utilities servicing the site include water, stormwater, sanitary sewer, electric and natural gas.Site includes an older 1,974 SF residential home with a detached 484 SF garage andoutbuildings. Property is Within the Salem Airport Opportunity ZoneClose to Salem Clinic, Costco, New Residential and DevelopmentDriveway access off Battle Creek Rd is subject to Buyers Due Diligence.MU-I Zoning with a wide array of possible uses.

4826 Battle Creek Rd Se, Salem

Listing Courtesy of COLDWELL BNKR/COMMERCIAL DIV. Agent: 503-587-4777

$1,030,000

8 Beds ⋅ 8 Baths ⋅ 835782 MLS

Fully leased 2023 built triplex by Stafford Homes in the sought-after Pringle Creek Community. Quality construction throughout with Two 3BD/2.5BA units and One 2BD and 2.5 Bath unit with loft. Featuring quartz counters, stainless appliances, laminate flooring, stylish fixtures, and smart, functional layouts with attached 1-car garages. All units include refrigerator and washer/dryer. Community amenities include walking trails and greenhouses, and recent addition of prismatic coffee and root cellar market.

3857-3861 Village Center Dr Se, Salem

Listing Courtesy of LEGACY REAL ESTATE. CELL: 503-877-2101

$1,075,000

4 Beds ⋅ 3 Baths ⋅ 837166 MLS

A newer cul-de-sac in desired Illahe River Estates. Top-of-the-line custom home by Comfort Homes with warm finishes and beautiful beams throughout. Chef’s kitchen features quartz countertops, large island with storage, industrial-size fridge, 6-burner gas range with griddle, double ovens, and pantry. Main-floor primary suite with shiplap, spa bath, double shower heads, smart features, soaking tub, and marble floors. Upper-level entertaining room with kitchen. Oversized covered patio with outdoor BBQ and large fenced yard. Designed to impress.

4114 Illahe River Ct S, Salem

Listing Courtesy of KELLER WILLIAMS CAPITAL CITY BENSON BROKER GROUP. 503-830-9467

$1,700,000

831000 MLS

Prime development site in Salem, zoned MUIII for high-density mixed-use. Located near I-5, bus lines, schools, shopping, and residential areas, offering strong growth potential. Rare opportunity for investors or developers to build in a rapidly expanding market. Dense with fir trees, possible value in timber. Buyer to do due diligence on approved uses and timber value.

2557 Hummingbird St Ne, Salem

Listing Courtesy of HAVENROSE REAL ESTATE. CELL: 503-400-2771

$2,100,000

832115 MLS

Well-maintained 13,125 SF of cold storage warehouse spaceavailable for sale!Two grade-level loading docks (10' and 14' doors) + mobiledock ramp included.Approximately 12,500 SF of refrigerated warehouseApproximately 3,240 SF of covered storage/loading areaApproximately 625 SF of office space, bathrooms, and acompressor room10 ceiling-mounted evaporators that were replaced in 2020Cooling temp to a low of approximately 25 degrees21.5 Ft Clear Height3 phase power / 240V, 400 AMPS

1400 Salem Industrial Dr, Salem

Listing Courtesy of COLDWELL BNKR/COMMERCIAL DIV. Agent: 503-587-4777

$2,780,000

839105 MLS

Stunning custom office building in the heart of Salem boasts a wealth of premium amenities, including elevator service, a secure underground garage with 10 parking spaces + 22 surface parking spaces, and a custom kitchen. The building features real hardwood floors, a reception area with a fireplace, a workroom/copy room, and numerous offices on all three floors. and multiple conference rooms. With its unique charm and new wrought iron fencing for added security, this one-of-a-kind property offers exceptional opportunity for owner occupant seeking a distinguishedoffice building in the vibrant center of Salem. Current Tenant is planning to relocate.

235 Union St Ne, Salem

Listing Courtesy of COLDWELL BNKR/COMMERCIAL DIV. Agent: 503-587-4777

$1,229,900

5 Beds ⋅ 4 Baths ⋅ 837609 MLS

Custom home TO BE BUILT w/accepted offer by Comfort Homes LLC #152024. Custom plan w/ 2 PRIMARY SUITES, one on each floor! Beautiful custom kitchen, 36" professional appls, quartz counters, wood floors, tiled baths & TWO walk-in showers, 2 laundry areas. Huge covered patios, oversized 3 car garage. Many upgrades throughout. Possibility of buyers making selections. Many different plans & amenities to select from. Room to build a shop/ADU on the 5 acre lot! LB has ownership interest. Conveniently located to all your needs: schools, parks, shopping & easy I5 access!!

Model C Model C Ballyntyne Rd S, Salem

Listing Courtesy of HOMESMART REALTY GROUP. Direc: 503-409-3738

$1,650,000

837402 MLS ⋅ 1348-1366 12th St Se BLDG.

This 10 unit complex was completely renovated in 2017. 100% occupied and attaining solid rents on a good unit mix. In place property management. Assumable financing for a qualified purchaser. Fixed rate at 4.030%. Loan matures in 2032.

1348-1366 12th St Se, Salem

Listing Courtesy of SMI REAL ESTATE. 503-551-8901

$1,249,000

4 Beds ⋅ 3 Baths ⋅ 834519 MLS

Gorgeous Mountain Views & Sunrises out your living, family, dining, kitchen and primary suite! This newer built home has all main living on m level, triple car garage on .3 acres!

3232 Granada Way S, Salem

Listing Courtesy of COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.. Direc: 503-851-5321

$1,500,000

4 Beds ⋅ 3 Baths ⋅ 835780 MLS

Incredible daylight basement style by Perch Homes to be built in prestigious gated Westview Meadows. Classy foyer leads into cathedral vaulted great room with elegant cast stone mantel around gas fireplace. Enjoy beautiful views from GR, DR, Primary and two covered decks! Gourmet island kitchen w/ WIP, Primary retreat w/ private deck, opulent bath and HUGE WIC. See attached plans, too many features.

2200 Perch Dr Nw, Salem

Listing Courtesy of SMI REAL ESTATE. Direc: 503-409-5025

$1,315,000

4 Beds ⋅ 6 Baths ⋅ 838180 MLS

Accepted Offer with Contingencies. Custom 4BD/6BA gated estate in SE Salem Oregon on 2.28 fenced acres — priced below replacement cost. Soaring vaulted ceilings, wainscoting, walls of windows, Thermador kitchen with granite island & butler's pantry. Every bedroom with en-suite bath. Dual furnaces, dual AC & dual water heaters. Bonus retreat with bar, outdoor kitchen & 2,000+ SF 6-car RV garage with hookups & dog wash. Irreplaceable acreage estate!

6243 Rambeau Ln Se, Salem

Listing Courtesy of REALTY ONE GROUP WILLAMETTE VALLEY. Cell: 541-619-2105

$1,860,000

5 Beds ⋅ 5 Baths ⋅ 837613 MLS

Beautiful custom 1 level home TO BE BUILT w/accepted offer by Comfort Homes LLC #152024. The ultimate dream home & 5 acre property! This stunning single-level home features 5 bedrooms, 3 baths & two 1/2 baths, a game room w/ a bar, Irg pantry and a XL 3-car garage on 5 serene acres. Step inside & fall in love with the gourmet kitchen, complete with high-end appliances, double ovens, and a spacious island. Beautiful flooring, elevated finishes & upgrades throughout! Listing Broker has ownership interest. Room for future shop & adu on property!

Model E Model E Ballyntyne Rd S, Salem

Listing Courtesy of HOMESMART REALTY GROUP. Direc: 503-409-3738

$10,000,000

834441 MLS

Accepted Offer with Contingencies. 47 Unit Multi-Family Property in Salem! First time on the market for this amazing complex. Strong historical occupancy, desirable unit count, good location, low-density garden style design, and ample parking on-site. Financials available to qualified parties upon request.

4169 Campus Lp Ne, Salem

Listing Courtesy of HOMESMART REALTY GROUP. 503-551-8836

$1,300,000

807787 MLS

Level 1 and 2 environmental studies have been performed, with no results requiring any further level 3 action. Test results are available on request to prospective investors providing confidence this property is ready for future development and easily tailored to their needs. It's convenient central location is mid way between Portland and Eugene off the MLK parkway, one of the few major arteries linking Interstate 5 and the Oregon coast. Refer to #807788 This highly visible side street site not only makes for safe truck access to major thru fares quick and easy, but parallels a railroad spur line to a switch yard offering expanded transportation options. One of the most attractive highlights this property boasts is it's acre's clear level ground with mix of both heavily packed gravel and asphalt pavement. This accommodates either heavy truck traffic or storage, or a sound base for further development. This vast space can be used to fill the local needs of semi truck, RV and boat, or individual storage unit needs. The existing structures can benefit either and or industrial or leased shop space, in conjunction with countless uses of it's open space. Adjacent to one of the paved portions of the property, a truck washing station provides an environmentally friendly oil and water separator. This level concrete station also provides a partitioned off center island once used for above ground fueling needs. The main shop provides a secure tool room, office space, and separate bathrooms. It's direct view from the main entrance makes it ideal for either retail repair or truck maintenance, and is currently equipped with an automotive lift. It's access to 3 phase power accommodates both heavy industrial needs or a prime location for a fabrication shop. The main office is separated by a brick court yard matching it's front entrance and parking area. The rear structure offers offers a high ceiling allow both truck and equipment access. Originally set up as two separate shops the main shop is equipped with a bathroom, office space, and upstairs storage and separate room. The secondary shop has been divided into a third shop space. An adjacent older mobile home has been used used as parts storage and fits the need perfectly. It should be noted all buildings are in usable shape, but should be considered in variable states of disrepair. Overall this property offers an excellent financial opportunity due to its strategic location.

3650 Mainline Dr Ne, Salem

Listing Courtesy of EXP REALTY, LLC. 503-382-7860

$1,700,000

837876 MLS ⋅ 2451-2473 Trade St Se BLDG.

Complete rehab accomplished on this 11-unit complex in 2022. The property is comprised of 9 cottage style units as well as a dual level duplex with attached laundry room. Tot he stud remodel. Renovations include new roof, windows, siding, electrical, plumbing, disposals, water heaters, counter tops, cabinets and flooring.

2473 Trade St Se, Salem

Listing Courtesy of SMI REAL ESTATE. 503-551-8901

$1,200,000

8 Beds ⋅ 7 Baths ⋅ 838864 MLS ⋅ Market St BLDG.

The original cottage cluster consists of six 1 bed, 1 bath units and one 2 bed 1 bath with basement unit. Some units have attached garages. 3 storage garages plus room to park on the blacktop off the ally access. Well maintained units and grounds. Several updates like LVP flooring and some bathroom remodels. All appliances have been updated. This should be an easy keeper!

1735 Market St Ne, Salem

Listing Courtesy of REALTY FIRST LLC. Cell: 503-932-4051

$1,790,000

3 Beds ⋅ 4 Baths ⋅ 838872 MLS

Breathtaking 3,927 SF custom single-level home is the perfect blend of luxury & comfort, set on an expansive 27-acre property that offers both privacy & convenience. Thoughtfully designed w/attention to detail, this home showcases open living spaces & high-end finishes. 3 spacious bedrms, office, & a kitchen designed for gathering & entertaining. Inviting outdoor living space. Massive shop with recreation rm, 4 rollup doors & covered areas. Marketable timber. Cascade School District. See documents for more!

7474 Battle Creek Rd Se, Salem

Listing Courtesy of KNIPE REALTY ERA POWERED. 503-551-0081

$1,074,000

824520 MLS

Sought after 1.21 gross acres on the corner of Madras and Commercial St SE - high visibility near a signalized intersection.Site has a SW slope and contains fill from the adjacent site, the Buyer to complete due diligence of the use and removal of the fill. South Salem is being redeveloped with new businesses and moremultifamily housing. The site is part of the South Gate OverlayZone.

Madras At Commercial St Se, Salem

Listing Courtesy of COLDWELL BNKR/COMMERCIAL DIV. Agent: 503-587-4777

$1,590,000

5 Beds ⋅ 6 Baths ⋅ 837874 MLS

Welcome to this stunning, completely remodeled home in highly sought-after Fairmount Hill! Custom designed to take full advantage of breathtaking views! Boasting 5 spacious bedrooms and 5.5 luxurious baths, every inch of this home has been thoughtfully updated with the highest quality materials and meticulous attention to detail! Primary suite and all primary living on main floor. The chef’s kitchen features top-of-the-line appliances, perfect for everyday living and entertaining guests. See virtual tours.

1835 Alta View Dr S, Salem

Listing Courtesy of RE/MAX INTEGRITY - SALEM. Cell: 503-931-8516

$19,800,000

835938 MLS ⋅ Broadway Professional BLDG.

Owner-User opportunity to purchase the building and occupy all or a portion of theavailable space. The current lease with the city runs through November 2026, allowing for flexibility. Cafe Tenant is also on flexible terms if an owner-user wants to occupy that space. The building is zoned MU3, allowing for a variety of uses.Adjacent properties at 3130 and 3160 Broadway are not included in the sale but could be negotiated into terms.

2850 Broadway St, Salem

Listing Courtesy of COLDWELL BNKR/COMMERCIAL DIV. Agent: 503-587-4777

$7,000,000

836241 MLS

This 90.22-acre “Hog Hill” residential parcel offers a rare opportunity for developers and legacy builders to craft a community within Salem’s city limits. This elevated section boasts flexible RS zoning, completed surveys, and a tentative subdivision plan, positioning it for immediate residential development. This property has two available lots that can be sold separately (Lot 4 - 34.33ac - $3,400,000/ Lot 5 - 55.89ac - $3,600,000).

4620 Gath Rd Se, Salem

Listing Courtesy of TRADITION REAL ESTATE PARTNERS. Cell: 503-939-7099

$1,249,979

4 Beds ⋅ 5 Baths ⋅ 828825 MLS

$40,000 seller credit toward closing costs! This special home on 2.02 acres boasts a detached RV garage and in-law suite, 2 greenhouses with electricity and plumbing, and Generac generator to power the whole house. The grand entry welcomes you into an elegant interior. It includes 3764 square feet of thoughtfully designed space, including a spacious primary suite with a fireplace, 3 other bedrooms, 3.5 baths, 2 offices, a 3-car garage, and an entertaining chef's kitchen. Step outside to the expansive outdoor area, beautifully landscaped and perfect for gardening, relaxation, or outdoor activities. This rare find not only combines luxury living with practical amenities but also offers a vibrant lifestyle. Whether you're entertaining in the spacious kitchen, enjoying the tranquility of your landscaped yard, or accommodating guests in the in-law suite, this property is designed for versatility and enjoyment. Don’t miss out on this dream home!

8623 Blackhawk Ct Se, Salem

Listing Courtesy of EXP REALTY, LLC. 503-507-8971

$3,900,000

5 Beds ⋅ 9 Baths ⋅ 837184 MLS

Set on 32 pristine acres, this remarkable estate delivers over 11,000 square feet of luxury living, combining grand scale with thoughtful design. The residence features 5 bedrooms, 7 full bathrooms, and 2 half bathrooms, crafted for those who value privacy, comfort, and exceptional entertaining. A dramatic entry welcomes you into a soaring foyer with elegant tile flooring, immediately showcasing the home’s architectural presence. The chef’s kitchen is both functional and refined, complete with a generous butler’s pantry and ideal flow for hosting. A 6+ car garage and expansive shop offer abundant room for projects, storage, and recreation. The main living spaces are filled with natural light and designed for gathering. The living room features a striking fireplace, custom mantle, and built-ins, while the family room impresses with a wet bar and private movie theater. Two formal dining rooms provide flexible spaces for everything from intimate dinners to large celebrations.A hidden cellar tucked behind a secret door—with its own private bathroom—creates a unique and memorable entertaining space. Step outside to an expansive patio featuring a fireplace and built-in BBQ, perfect for year-round enjoyment. The fenced sport court with basketball hoop adds another layer of fun and versatility.The primary suite is a private retreat, offering a fireplace, sitting area, spa-style shower, oversized jacuzzi tub, dual walk-in closets, and separate restrooms. Upstairs, three additional bedrooms each feature ensuite bathrooms, with access to two balconies from either the third bedroom or the study. Completing the home are a dedicated workout room with mirrored walls and a large bonus playroom. Every detail of this estate has been thoughtfully designed to balance refined luxury with everyday functionality, creating a truly exceptional place to call home.

2554 Cole Rd S, Salem

Listing Courtesy of HOMESMART REALTY GROUP. Cell: 503-409-3542

$1,300,000

807788 MLS

Level 1 and 2 environmental studies have been performed, with no results requiring any further level 3 action. Test results are available up on request to prospective investors providing confidence this property is ready for future development and easily tailored to their needs. It's convenient central location is mid way between Portland and Eugene off the MLK parkway, one of the few major arteries linking Interstate 5 and the Oregon coast. Refer to #807787 This highly visible side street site not only makes for safe truck access to major thru fares quick and easy, but parallels a railroad spur line to a switch yard offering expanded transportation options. One of the most attractive highlights this property boasts is it's acre's clear level ground with mix of both heavily packed gravel and asphalt pavement. This accommodates either heavy truck traffic or storage, or a sound base for further development. This vast space can be used to fill the local needs of semi truck, RV and boat, or individual storage unit needs. The existing structures can benefit either and or industrial or leased shop space, in conjunction with countless uses of it's open space. Adjacent to one of the paved portions of the property, a truck washing station provides an environmentally friendly oil and water separator. This level concrete station also provides a partitioned off center island once used for above ground fueling needs. The main shop provides a secure tool room, office space, and separate bathrooms. It's direct view from the main entrance makes it ideal for either retail repair or truck maintenance, and is currently equipped with an automotive lift. It's access to 3 phase power accommodates both heavy industrial needs or a prime location for a fabrication shop. The main office is separated by a brick court yard matching it's front entrance and parking area. The rear structure offers offers a high ceiling allow both truck and equipment access. Originally set up as two separate shops the main shop is equipped with a bathroom, office space, and upstairs storage and separate room. The secondary shop has been divided into a third shop space. An adjacent older mobile home has been used used as parts storage and fits the need perfectly. It should be noted all buildings are in usable shape, but should be considered in variable states of disrepair. Overall this property offers an excellent financial opportunity due to its strategic location, co

3650 Mainline Dr Ne, Salem

Listing Courtesy of EXP REALTY, LLC. 503-382-7860

$1,499,995

3 Beds ⋅ 2 Baths ⋅ 827499 MLS

Located just outside the urban growth boundary, that runs right down the middle of Wiltsey Rd, and only 1.5 miles from two new Battle Creek Rd developments, this property offers possible future development opportunity. This 10.33-acre lot includes a 3-bedroom, 2-bath home, an agricultural building/shop with 220V power, a barn, and fully fenced and cross-fenced land and easy access to I-5. Buyer to perform their own due diligence.

3610 Wiltsey St Se, Salem

Listing Courtesy of KNIPE REALTY ERA POWERED. Direc: 503-881-1144

$5,000,000

811181 MLS

Sale includes Polk county tax IDs 314820, 314846, 354776. Marine drive will split parels 314820 and 314864. West sides of parcels offer portential for multiple development uses- east sides are outside the urban growth boundary and partially in the flood plane. Parcel 354776 is paved access off Wallace Rd. Two existing wells and Existing barn on property. Marine drive would run from Harritt to Taybin Rd. Travel lanes, sidewalk and 12' multi-use path on east side. Connector streets-Harritt, Beckett & 5th ave

1990 Wallace Rd Nw, Salem

Listing Courtesy of REAL BROKER. Agent: 503-949-3087

$1,145,000

3 Beds ⋅ 2 Baths ⋅ 837610 MLS

Beautiful 1 level home TO BE BUILT w/accepted offer by Comfort Homes LLC #152024. Stunning home, tastefully decorated, well thought out finishes inside and out. Wonderful single level plan, comfort and style awaits in the light and bright vaulted great room, lovely floor, custom built in cabinets w/cozy gas FP & formal dining area. Custom kitchen w/gorgeous cabinets, beautiful quartz countertops and large island w/eat bar. Room to build shop/ADU on this 5 ac lot! LB has ownership interest. Conveniently located to all your needs!

Model D Model D Ballyntyne Rd S, Salem

Listing Courtesy of HOMESMART REALTY GROUP. Direc: 503-409-3738

$1,744,000

2 Beds ⋅ 3 Baths ⋅ 836113 MLS

Rare, exclusive 8th-floor executive condo in the heart of downtown Salem featuring sweeping westerly views of the Willamette River & Waterfront Park. Floor-to-ceiling windows fill the space w/natural light & showcase stunning sunsets. Built out as one luxury residence w/high-end finishes throughout, yet comprised of 2 separate tax lots offering flexibility to divide into 2 units. Includes 4 deeded parking spaces & 2 deeded storage units in a secure underground garage. https://theriverspenthouse.com?mls=

156 Front (Unit 800 & 820), Salem

Listing Courtesy of REAL BROKER. Agent: 503-949-3087

$15,000,000

835747 MLS

Multi-Tenant Industrial Complex Central to Salem, Oregon with directaccess to Salem Parkway and Interstate 5. Seven well-maintainedindustrial buildings with room for a partial owner-occupant or additionallease revenue. Leases have potential for strong upside with increasedrents. Property is rail served and conveniently located near Cherry Aveand Salem Industrial with easy access to I5. Contact Broker for full rent roll and financial information. Buyer isresponsible for verifying information and railroad agreementsupon accepted offer.

1295 Ne Johnson St, Salem

Listing Courtesy of COLDWELL BNKR/COMMERCIAL DIV. Agent: 503-587-4777

$1,165,000

5 Beds ⋅ 2 Baths ⋅ 838123 MLS

Sellers are willing to contribute money towards buyers closing costs or pre-paid expenses. Welcome to your private retreat in the heart of wine country. This fully renovated home on 6.5 acres blends elevated craftsmanship with peaceful rural living. The chef’s kitchen shines with S.S appliances, granite counters, island and butler’s pantry. Walls of windows invite natural light, while the expansive deck frames sweeping vineyard and countryside views. Downstairs offers true dual-living potential with separate patio access, 3 bedrooms, a full bath & spacious media room. Ideal for multigenerational living or guest quarters. A workshop with 220v power, extra parking, covered livestock and hay shelter, pasture, chicken coop & fruit trees complete the property’s small farm appeal. Located in the Eola Amity Hills AVA, minutes to over 30 wineries yet close to Salem conveniences. Low property taxes & desirable West Salem schools. This is the acreage lifestyle you’ve been looking for. Come experience what makes it truly special.

7500 Spring Valley Rd Nw, Salem

Listing Courtesy of KELLER WILLIAMS CAPITAL CITY. 503-949-4647

$2,475,000

5 Beds ⋅ 5 Baths ⋅ 839753 MLS

Spectacular home and land located in a lovely south Salem country setting with some flat pastures & gentle rolling slopes. Featuring a 5-bedroom, 3-full bath, and 2-half bath plan. Kitchen boasts Hickory Cabinets and Granite Counters w/an Island & Pantry. Gas Range and Dual Convection Ovens add inspiration. Overlooking stunning mountain and territorial views, just steps to an expansive outdoor deck on two sides of the home, perfect for entertaining. Main bedroom suite is spacious w/high ceilings (see add't) hardwood flrs, real wood FP, large walk-in closet & balcony. Bathroom adorned w/jetted tub, large his & her tiled shower, 2-sinks and a gas FP. Main level features 1-bedroom, office-bonus rm and a comfortable living room w/gas FP. Downstairs you will find the family room w/game or theater options, a half-bath and 2-bedrooms with a Jack & Jill bath. Behind this … a safe room with monitored multi-camera security system, A/V wiring hub & central vacuum. Attached is a dual living apartment w/a living area, bedroom, full bath and a small kitchen, w/its own water heater & entrance. The first two-car garage has a mud room with utility shower and sink. Recent improvements inc a new roof, newer interior/exterior paint, large number of electrical upgrades including lighting, water faucets and a newer heat pump & new satellite internet. The outdoors greets you with thoughtfully landscaped architecture, inc a large patio, a paver patio w/Gas Firepit, Koi Pond and a Hot Tub. All plumbing & electrical services are underground. The grounds feature 7-separate fenced pastures each stubbed w/water irrigation hookups. Automated gated entryway enjoys Wi-Fi connectivity. The second two-car garage or shop is attached to the barn with heat & half-bath options. The barn is a fully enclosed 60’ x 90’ arena w/lighting & tall RV sliding doors on both sides. Adjacent are 5-large horse stalls each with an automatic watering system & drainage. Outside are three covered bays for hay, equipment, etc. A rain catchment system next to barn gathers & stores 5,000-gallons of water in 2-cisterns. There is a custom high-end tree house with water and power. Low property taxes comparative to value. Barn and land can be re-purposed for a variety of uses. Maybe a Sports Court, Storage Facility, Hobby Farm, Event Hosting (Weddings or Parties) or even a B & B? There is a back entrance to property with access to the outbuildings. A truly amazing place to call home where you can make your dreams come true!

3471 Cole Rd S, Salem

Listing Courtesy of KNIPE REALTY ERA POWERED. Direc: 503-932-0975

$1,499,000

5 Beds ⋅ 4 Baths ⋅ 825342 MLS

Exceptional opportunity on nearly 5 acres with development potential or room to enjoy spacious living. This approximately 3,842 sq ft home offers 5 bedrooms and 3.5 baths with a flexible floor plan that may accommodate dual living. Set on 4.96 acres zoned RM2, the property presents potential for future development. The City of Salem has indicated a preference for townhome development (buyer to verify). Utilities are located at the end of Country Drive. POSS ASSUMABLE $580,000 VA LOAN at 2.2% Possible Assumable VA Loan: Contact listing for details

2280 Kuebler Rd S, Salem

Listing Courtesy of PREMIERE PROPERTY GROUP, LLC - SOUTH SALEM. Cell: 503-559-9600

$1,350,000

6 Beds ⋅ 4 Baths ⋅ 837607 MLS

Custom home TO BE BUILT w/accepted offer by Comfort Homes LLC #152024. Open floor plan concept. Conveniently located to all your needs! 5 acre parcel! Home features a primary & office on main +4 bdrms @ 2nd floor including 2nd primary suite or oversized bonus room, gourmet kitchen w/ professional appl package, XL walk in shower w/ bench, soaking tub, tandem garage, many designer finishes throughout. Many other plans to select from or amenity packages. LB has ownership interest. Many other plans to select from or amenity packages. Room for shop / ADU on property!

Model B Model B Ballyntyne Rd S, Salem

Listing Courtesy of HOMESMART REALTY GROUP. Direc: 503-409-3738

$1,750,000

4 Beds ⋅ 4 Baths ⋅ 750430042 MLS

Chinook Estates, built in 1978, HOA $375 per year. 5.82 acres, includes vegetable garden area. Unparalleled 180 degree views of Cascades, Coast Range, Willamette River & beautiful valley below. Apx. 5379 SF, 4 bds, 4 full & 2 half baths, magnificent turret rm, huge bonus/game/theater/exercise rm or possible separate living area with full bath. Large, private office. All the quality you would expect, stone, hardwood, tile & carpet. Expansive decks with magnificent views. Up to 5 car garage.

3794 E NANITCH CIR, Salem

Listing Courtesy of HomeSmart Realty Group.

$1,500,000

2 Beds ⋅ 1 Baths ⋅ 524942095 MLS

Nestled in the peaceful countryside just outside Salem, this charming 2-level home offers the perfect blend of rural tranquility and everyday comfort on an expansive 54 acres. Located at 4360 Eagle Crest Rd, this property provides space, privacy, and beautiful natural surroundings while still being within reach of town amenities.The home features 2 bedrooms and 1 bathroom, creating a cozy and functional living space ideal for those seeking a quiet retreat, hobby farm potential, or room to expand their vision. Inside, you’ll find a classic wood-burning fireplace that adds warmth and rustic charm—perfect for relaxing evenings during Oregon’s cooler months.Recent improvements include a new roof installed in 2024, providing peace of mind and long-term durability for the home. Outside, the property includes a detached garage, offering additional storage, workspace, or room for vehicles and equipment.With over 54 acres of land, the possibilities are endless. Whether you envision gardening, outdoor recreation, small-scale farming, or simply enjoying wide open space and scenic surroundings, this property delivers the opportunity to create the lifestyle you’ve been dreaming about.Adding even more potential, the sister property consisting of 38.49 acres is also available for purchase, presenting a rare chance to expand your footprint, create a multi-parcel estate, or invest in additional land nearby.If you’re looking for privacy, acreage, and a peaceful rural setting with room to grow, this unique Eagle Crest property is ready to welcome your ideas and imagination.

4360 EAGLE CREST RD, Salem

Listing Courtesy of eXp Realty, LLC.

$1,750,000

3 Beds ⋅ 1 Baths ⋅ 125189284 MLS

Discover a rare opportunity to own a beautiful and private slice of Oregon countryside at 4370 Eagle Crest Rd in Salem. Situated on 38.49 picturesque acres, this unique property offers a peaceful setting with a year-round creek winding through the land and a tranquil pond stocked with bass and bluegill. Perfect for relaxing afternoons, fishing, or simply enjoying the natural beauty that surrounds you.The home features 3 bedrooms, 1 full bath, and 1 half bath, offering a comfortable layout with warm and inviting living spaces. A wood-burning fireplace creates a cozy focal point, ideal for enjoying cool Oregon evenings. Large windows bring in natural light and showcase views of the surrounding landscape, creating a connection to the outdoors from the comfort of your home.In addition to the main residence, the property includes a charming cabin complete with heating and cooling, providing flexible space for guests, hobbies, a home office, or a private retreat. A detached two-car carport offers convenient covered parking and additional functionality.The expansive acreage provides endless possibilities for recreation, gardening, small livestock, or simply enjoying the privacy and open space. With rolling terrain, mature trees, and water features rarely found together on one property, this setting offers a lifestyle that blends tranquility with opportunity.For those seeking even more potential, the neighboring parcel totaling 55.43 acres is also available and features a charming 2-bedroom, 1-bath cottage. The parcels can be purchased together, creating an extraordinary opportunity for a multi-home estate, family compound, investment, or expanded private retreat.Whether you are looking for a peaceful rural residence, a recreational getaway, or a property with room to grow, this Eagle Crest Road property offers a truly special chance to own a remarkable piece of the Willamette Valley.

4370 EAGLE CREST RD, Salem

Listing Courtesy of eXp Realty, LLC.

$1,315,000

4 Beds ⋅ 3 Baths ⋅ 117528833 MLS

There are homes, and then there are estates built for a life well lived. This custom 4-bedroom, 6-bathroom gated estate in SE Salem, Oregon sits on 2.28 level, fully fenced acres at the end of a quiet dead-end road — and it would cost significantly more to build from the ground up today.Constructed in 2006 with no detail overlooked, the home opens to soaring vaulted ceilings, elegant wainscoting, and walls of windows that flood every room with natural light. A formal dining room and refined piano and library room set the tone for entertaining at scale. The gourmet Thermador kitchen — a brand synonymous with professional-grade performance — anchors the home with a granite island, butler's pantry, and premium finishes throughout. Every bedroom features its own private en-suite bathroom, with additional powder rooms ensuring guests are always accommodated with ease.The private primary suite delivers the separation and luxury buyers at this level expect — tray ceilings, a soaking tub, and serene views of the surrounding acreage. A bonus retreat with a wet bar and dedicated storage adds yet another layer of flexibility for entertaining or unwinding on your own terms.Step outside and the value only grows. An outdoor kitchen, mature landscaping, and a fully fenced 2.28 acres create a private sanctuary unlike anything in SE Salem. The 2,000+ square foot 6-car garage with RV bay, full RV hookups, and dog wash station delivers the kind of infrastructure that car collectors, RV owners, and hobby enthusiasts simply cannot find elsewhere in this market. Dual furnaces, dual AC units, and dual water heaters ensure the mechanicals are built to match the scale and demands of this exceptional property.Gated. Private. Priced below replacement cost. This is the SE Salem acreage estate the right buyer has been waiting for — and the one that costs more to build than to buy.

6243 SE RAMBEAU LN, Salem

Listing Courtesy of Realty One Group Willamette Valley.

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