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Browse All Salem OR Between $700K - $800K Properties for Sale

$739,900
5 Beds 4 Baths 842591 MLS
40,000 PRICE REDUCTION! Step into luxury in this custom-built, 3,000 sqft home featuring soaring ceilings and a breathtaking grand entry. Designed for both daily comfort and effortless entertaining, this one-of-a-kind property combines upscale finishes with unparalleled space. The open-concept kitchen is a host's dream, offering premium finishes: Granite countertops, under-cabinet lighting, and a new gas range. Smart Storage: A large island, custom cabinets with pull-out drawers, an a tailored pantry with built-in outlets. Entertainer's wet bar: Fully equipped with a mini fridge, sink, and a spacious butler's pantry. Main Level: Enjoy brand-new refinished wood floors and a cozy gas fireplace with an elegant granite surround. This level includes a full bathroom (shower/tub combo) and two versatile bedrooms—one featuring elegant French doors, and the other with double closets and slider access to the backyard. The Upper Level (3 Primary Suites!) One of the most unique and highly sought-after features of this home is the upstairs layout, which boasts 3 separate primary suites. Everyone gets their own private space and bathroom! The true primary suite is a private retreat featuring crown molding, dual sinks, and a deep soaking tub. Bonus / Theater Room: Upstairs, you will love the massive bonus/theater room. Complete with built-in surround sound, granite countertops, and cabinetry, it is perfectly primed for movie nights or game days. Outdoor Oasis: Wonderfully maintained, fully fenced backyard featuring an oversized patio, pergola, and a built-in firepit. Wired for a hot tub and generator! Garage & Storage: Extra-deep 2-car garage (spacious enough for 3) with custom storage. Home Systems: Central vacuum system, two hot water heaters, and exterior paint refreshed 4 years ago.

5489 Salal St Se, Salem

Listing Courtesy of HOMESMART REALTY GROUP. 503-999-5731

$700,000
4 Beds 3 Baths 841564 MLS
OVER $120K in upgrades since purchased !!Like new updated home featuring slab granite countertops, hand-scraped hardwood floors, travertine tile, and stainless steel appliances throughout. A dedicated office with custom built-ins and a formal dining room welcome you through elegant double reed glass doors. The open-concept main level is designed for comfortable living and entertaining, highlighted by a cozy gas fireplace and seamless flow between living, dining, and kitchen spaces. Beautifully updated home featuring slab granite countertops, hand-scraped hardwood floors, travertine tile, and stainless steel appliances throughout. A dedicated office with custom built-ins and a formal dining room welcome you through elegant double reed glass doors.The open-concept main level is designed for comfortable living and entertaining, highlighted by a cozy gas fireplace and seamless flow between living, dining, and kitchen spaces.Upstairs, retreat to the spacious and private primary suite along with a large bonus room complete with wet bar, ideal for media, recreation, or guest space. Convenient upstairs utility room adds everyday functionality.Extensively upgraded with over $120,000 in improvements, including solar panels, hardwired security system, custom backyard awnings, vinyl fencing, hot tub with dedicated electrical, EV charger, new upstairs carpet, upgraded gas fireplace installation, and numerous additional enhancements.Enjoy thoughtfully designed indoor and outdoor living spaces with a beautifully improved backyard, added storage solutions, and modern energy-efficient features throughout.

2401 Egret Ave Se, Salem

Listing Courtesy of JOHN L. SCOTT-SALEM. Direc: 503-931-8501

$799,000
825699 MLS Knights Of Columbus BLDG.
Prime 12-Unit Redevelopment Opportunity in the Heart of SalemUnlock the potential of this strategically located site at 725 Shipping St NE. Currently positioned for a high-density transition, this property offers a rare footprint for a 12-unit residential complex. With Salem’s growing demand for urban housing, this concept maximizes the lot’s efficiency while providing future tenants with unparalleled access to downtown and the I-5 corridor. Key Highlights:- Density & Scale: Optimized site layout for a 12-unit multi-family build.- Strategic Location: Blocks away from local transit, shopping, and major employment hubs.- Infrastructure Ready: Existing utility access simplifies the initial phases of site prep.Market Demand: Perfect for a mix of studios and one-bedroom units to target the local workforce.Mixed-Used (MU-II) zoning has opened up many possibilities for this property. The 5,170 square-foot second story houses a ballroom, restrooms, full bar, kitchen, and storage. The 5,090 square-foot main level contains a "lounge", full bar, offices, kitchen, dining area, restrooms, and meeting rooms. A fenced and graveled storage yard could be used for parking, outdoor dining, food trucks, or new construction. Building is currently leased on a month-to-month basis.Ideas for the existing building include a 12-unit apartment building (site plan has been approved), microbrewery or taphouse, coffee, event center, restaurant, bar, etc. The ballroom is still regularly being used, but the building will require significant improvements to utilize all areas. The Seller is open to a traditional sale and also is open to discussing creative partnerships or development ideas.

725 Shipping St Ne, Salem

Listing Courtesy of KITHKIN REAL ESTATE. 503-930-2786

$725,000
3 Beds 3 Baths 835119 MLS
Fantastic property on nearly an acre with territorial views and an incredible array of features. The main home has 2,202 square feet with three bedrooms, two full baths, and a versatile bonus room that could be a fourth bedroom. Beyond the home, the property shines with multiple outbuildings: a 1-bedroom ADU with a full bath and washer/dryer; a 2,016-square-foot shop equipped with two full baths, washer/dryer hookups, new cadet heaters, and multiple private rooms; a 1,408-square-foot two-story shop ideal for work or storage; and an 869+ square foot shop with a cement floor and a 200-amp panel. The grounds feature new gutters, a new well pump, hot and cold outdoor water faucets, a cyclone fence, and a 55-yard concrete driveway providing lots of parking and durability. The bright living room has a large picture window, a cozy fireplace, and beautiful laminate flooring that continues through the main living areas. The spacious dining area flows easily from the living room, perfect for entertaining. The updated kitchen features lots of cabinetry and prep space, with easy access to one of two laundry rooms and a full bathroom. Toward the back of the home, a sun-filled family room with vaulted ceilings, tiled floors, and window-lined walls creates an inviting space for relaxing. The room also includes an office nook and sliders that lead to a covered deck with an attached 11x9 storage area, ideal for tools or hobbies. The primary bedroom offers double closets, a private bath with a jetted tub, and sliding doors to a covered patio that's perfect for enjoying your morning coffee. Off the primary bath, a large laundry room with a sink provides extra convenience, while two additional bedrooms share an updated full guest bath. A mudroom with outside access ensures easy cleanup after working outdoors. The expansive fenced backyard is ready for gardening or play, enriched by fertile Labish soil. Located just minutes from restaurants, shopping, and Chemeketa Community College. Easy access to I-5.

4160 Cordon Rd Ne, Salem

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

$789,900
5 Beds 3 Baths 644533268 MLS
PRICE REDUCED!! $10,000 credit for carpets, closing costs or ??? with accepted offer. Beautifully updated custom home in the highly desirable Holder Estates, where quality craftsmanship meets modern comfort. Thoughtfully designed with a main-level primary suite featuring ensuite and walk-in closet, this home showcases top-quality finishes and fixtures throughout, an open-concept layout with high ceilings, beautiful double sided gas fireplace, and a fifth bedroom currently set up as a private office—perfect for work-from-home living with built in desks, shelves and French doors.The kitchen is a true showstopper with stainless steel appliances, a Wolf range, and sleek quartz countertops, double dishwasher, 5X5 pantry and adjoining dining room ideal for both everyday living and entertaining. Upstairs offers a flexible layout well suited for multigenerational living, providing a full bath, huge closet - space and privacy for everyone. Step outside to enjoy the newly landscaped yard with sprinklers and a drip system, fresh exterior paint, and a stunning 20x30 Trex deck with stainless steel railings—partially covered with built-in gas fireplace and made for year-round enjoyment. Unwind in the new Bullfrog spa and take in the peaceful surroundings. Located in a sought-after South Salem neighborhood, this home is close to restaurants, shopping, schools, and parks, offering both convenience and an exceptional lifestyle.

5598 SE WIGEON ST, Salem

Listing Courtesy of Tall Firs Realty.

$725,000
3 Beds 3 Baths 159470437 MLS
Fantastic property on nearly an acre with territorial views and an incredible array of features. The main home has 2,202 SF with three bedrooms, two full baths, and a bonus room that could be a fourth bedroom. Beyond the home, the property shines with multiple outbuildings: a 1-bedroom ADU with a full bath and washer/dryer; a 2,016-square-foot shop equipped with two full baths, washer/dryer hookups, new cadet heaters, and multiple private rooms; a 1,408-square-foot two-story shop ideal for work or storage; and an 869+ square foot shop with a cement floor and a 200-amp panel. The grounds feature new gutters, a new well pump, hot and cold outdoor water faucets, a cyclone fence, and a 55-yard concrete driveway providing lots of parking and durability. The bright living room has a large picture window, a cozy fireplace, and beautiful laminate flooring that continues through the main living areas. The spacious dining area flows easily from the living room, perfect for entertaining. The updated kitchen features lots of cabinetry and prep space, with easy access to one of two laundry rooms and a full bathroom. Toward the back of the home, a sun-filled family room with vaulted ceilings, tiled floors, and window-lined walls creates an inviting space for relaxing. The room also includes an office nook and sliders that lead to a covered deck with an attached 11x9 storage area, ideal for tools or hobbies. The primary bedroom offers double closets, a private bath with a jetted tub, and sliding doors to a covered patio that's perfect for enjoying your morning coffee. Off the primary bath, a large laundry room with a sink provides extra convenience, while two additional bedrooms share an updated full guest bath. A mudroom with outside access ensures easy cleanup after working outdoors. The expansive fenced backyard is ready for gardening or play, enriched by fertile Labish soil. Located just minutes from restaurants, shopping, and Chemeketa Community College. Easy access to I-5.

4160 NE Cordon RD, Salem

Listing Courtesy of eXp Realty, LLC.

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The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.

Between $700K - $800K Salem Real Estate

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