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Salem, OR, 97302 • 97302 • Marion County
$183/sqft
-$50,000 since Jan 13, 2026
Down payment assistance available
3Beds
3Baths
4,645Sqft
2.5 acLot
1989Built
Territorial Views
Territorial
2-Car Garage
Detached
Tile Floors
Quality flooring throughout
This home is getting attention
Listed 224 days ago · 1,859 views · 61 saves
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1,859 views
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61 saves
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224 days on market
Established listing
$183/sqft
Price per square foot
Single Family · Built 1989
Rare South Salem Investment Opportunity – 2.47 Acres with Hobbit Guest House. This one-of-a-kind property offers a rare opportunity for investors, creatives, or buyers looking for a unique find. The property features a spacious ~4,645 sq ft main residence plus a whimsical ~1,000 sq ft Tolkien-inspired guest house known as “The Bag Inn.” Seller is the Trustee for Ch. 7 Bankruptcy Estate. Property sold AS-IS. Cooperative occupant on premises. Please contant LA for more information.
Based on current rates
Est. 6.30% rate · 30yr fixed · $679,200 loan
Full calculator →Key facts and listing details
7 categories of property features
Market data and value estimates
3 schools rated nearby
Salem, OR, 97302
7 events
12 years of records
Local context around this listing
Salem, OR • Marion County
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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.
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