For Sale7d on market
5545 Skyline Rd S
Salem, OR, 97306 • 97306 • Marion County
$1,250,000
7.3 acLot
Property DNA
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
Market activity
Demand and pricing signals for this listing
265 views
People checking out this listing
7 saves
Buyers have saved this home
7 days on market
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About this home
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.
Estimated monthly payment
Based on current rates
$8,153/month
Principal & Interest$6,486
Property Tax$1,250
Insurance$417
Down payment20% ($250,000)
3%50%
Est. 6.75% rate · 30yr fixed · $1,000,000 loan
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At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land
Systems
Water / SewerStandard Septic
Parking & Outdoor
Lot7.25 Acres
Location & Tax
Neighborhood97306
ZoningUT-5
Annual tax$4,340
Parcel532453
Features & details
4 categories of property features
Exterior Features
Lot Features
Gentle Sloping
Acres 7 to 10
Views
Territorial
Utilities
Electricity Connected
Natural Gas Connected
Water Connected
Other Structures
Existing Structures
Barn
Residence
Workshop
Listing insights
Market data and value estimates
StatusFor Sale
Days on market7
Tax rate0.81%
On marketSep 19, 2025
PostedMar 20, 2026
MLS statusActive
MLS updatedMar 20, 2026
Tour days6
Views265
Favorites7
How are the schools in Salem?
3 schools rated nearby
Location
Salem, OR, 97306
Price history
11 events
DateEventPrice$/sqftSource
Dec 23, 2025Listed For Sale$1,250,000—RMLS (OR)
Oct 2, 2025Pending Sale$1,250,000—RMLS (OR)
Sep 29, 2025Listed For Sale$1,250,000—RMLS (OR)
Oct 13, 2022Listing Removed——BHHS broker feed
Aug 25, 2022Listed For Sale$1,250,000—BHHS broker feed
Aug 16, 2022Listing Removed——WVMLS
May 9, 2022Listing Removed$1,250,000—WVMLS
May 5, 2022Price Change$1,250,000—WVMLS
Mar 18, 2022Listed For Sale$1,350,000—WVMLS
Jan 21, 2022Contingent$1,500,000—WVMLS
Jan 13, 2022Listed For Sale$1,500,000—WVMLS
Listed For Sale$1,250,000
Dec 23, 2025•RMLS (OR)
Pending Sale$1,250,000
Oct 2, 2025•RMLS (OR)
Listed For Sale$1,250,000
Sep 29, 2025•RMLS (OR)
Listing Removed—
Oct 13, 2022•BHHS broker feed
Listed For Sale$1,250,000
Aug 25, 2022•BHHS broker feed
Listing Removed—
Aug 16, 2022•WVMLS
Listing Removed$1,250,000
May 9, 2022•WVMLS
Price Change$1,250,000
May 5, 2022•WVMLS
Listed For Sale$1,350,000
Mar 18, 2022•WVMLS
Contingent$1,500,000
Jan 21, 2022•WVMLS
Listed For Sale$1,500,000
Jan 13, 2022•WVMLS
Tax history
12 years of records
YearTax paidAssessed value
Mar 27, 2025$4,472$332,360
Mar 27, 2024$4,341$322,680
Mar 27, 2023$4,235$304,170
Mar 27, 2022$4,130$304,170
Mar 27, 2021$4,022$295,320
Mar 27, 2020$3,913$278,370
Mar 27, 2019$3,771—
Mar 27, 2018$3,720—
Mar 27, 2017$3,720—
Mar 27, 2016$3,133—
Mar 27, 2015$3,133—
Mar 27, 2014$3,208—
Nearby homes
Neighborhood details
Local context around this listing
Salem, OR • Marion County
Nearby neighborhoods
East LancasterFaye WrightFour CornersHayesvilleMorningsideNorth LancasterNorthgateSouth GatewaySoutheast Mill CreekWest Salem
Nearby cities
AumsvilleAuroraHubbardJeffersonKeizerSalemSilvertonStayton
Nearby zip codes
97301973029730497305973069730897309973109731297317
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