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Salem, OR, 97306 • 97306 • Marion County
7.3 acLot
On the Seasonal Spring Fed
Seasonal
Territorial Views
Territorial
Special Features
Existing Structures · Barn · Residence · Workshop
This home is getting attention
Listed 7 days ago · 265 views · 7 saves
Demand and pricing signals for this listing
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People checking out this listing
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7 days on market
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Lot
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.
Standout features identified
Our analysis highlights mature trees, level and gently sloped, and seasonal spring fed pond as key attractions of this home.
Based on current rates
Est. 6.75% rate · 30yr fixed · $1,000,000 loan
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Key facts and listing details
4 categories of property features
Market data and value estimates
3 schools rated nearby
Salem, OR, 97306
11 events
12 years of records
Local context around this listing
Salem, OR • Marion County
Nearby neighborhoods
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