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Salem, OR, 97306 • 97306 • Marion County
$297/sqft
-$120,000 since Mar 13, 2026
Down payment assistance available
3Beds
3Baths
3,689Sqft
5.1 acLot
1972Built
Scenic Views
Mountain(s) · Territorial · Vineyard
Daylight Ranch Style
Built 1972 · 54 years of history
Outdoor Living
Covered Deck · Deck
2 Fireplaces
Wood Burning
Special Features
Arena · Greenhouse · PoultryCoop · RVParking · RVBoatStorage · SecondGarage · Workshop · SeparateLivingQuartersApartmentAuxLivingUnit · CoveredArenaBarn · WorkshopRVBoatStorage · HayStorage · TackRoom · RVHookup
7-Car Garage
Driveway · Parking Pad · RV Access/Parking · RV Boat Storage · Detached · Extra Deep Garage · Oversized
Premium Finishes
Walk-In Closet(s)
$25/mo HOA
Lake Easement
This home is getting attention
Listed 62 days ago · 984 views · 22 saves
Demand and pricing signals for this listing
984 views
People checking out this listing
22 saves
Buyers have saved this home
62 days on market
Established listing
$297/sqft
Price per square foot
This home ranks in the top 45% of listings most likely to go under contract soon, based on market activity and demand signals.
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Single Family · Built 1972
Set within the desirable Spring Lake Estates, this exceptional 5+ acre equestrian and hobby farm property in Salem, Oregon offers rare privacy, versatility, and sweeping views of mountains, vineyards, forestland, and protected wildlife areas. Designed for those seeking space to live, work, and create, the custom home and extensive outbuildings provide an ideal setup for multi-generational living, home-based business use, or serious hobbyists.The residence features multiple living areas, timeless built-ins, and warm architectural details throughout. A spacious country kitchen with island seating, generous storage, and garden-facing views anchors the main level, complemented by formal and informal dining and living spaces with brick hearths ready for inserts. The main-level primary suite offers deck access, ample closet space, and an en-suite bath. A versatile bonus room with sauna functions perfectly as an office, gym, or additional bedroom.The lower level expands functionality with workshop space, extensive storage, a recreation room with wet bar, kitchenette, and flexible areas ideal for extended living or entertaining.Outside, the property truly stands apart. Three oversized, powered shops—two heated and one heat-ready—provide outstanding capacity for RVs, boats, equipment, car restoration, or business operations. Additional features include covered RV or hay storage, RV dump, greenhouse, and ample utility infrastructure.Equestrian amenities include a 60’ x 120’ covered riding arena, barn and stall facilities, tack and hay storage, fenced and cross-fenced pastures, and direct access to community riding trails. Residents also enjoy private lake access within Spring Lake Estates. With recent updates including a newer roof, refreshed paint, and system improvements, this property delivers a rare combination of functionality, scenery, and lifestyle freedom.
Standout features identified
Our analysis highlights fenced and cross-fenced pastures, garden-facing views, and extensive storage as key attractions of this home.
Based on current rates
Est. 6.75% rate · 30yr fixed · $876,000 loan
Full calculator →Key facts and listing details
17 categories of property features
7 rooms detailed
Master Bedroom
MainBedroom2
MainBedroom3
MainDining Room
MainFamily Room
LowerKitchen
MainMarket data and value estimates
3 schools rated nearby
Salem, OR, 97306
14 events
12 years of records
Local context around this listing
Salem, OR • Marion County
Nearby neighborhoods
Nearby cities
Nearby zip codes
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