For Sale387d on market

2881 Forest Ln S

Salem, OR, 97306 • Faye Wright • Marion County

$525,000

2.4 acLot

Property DNA

2 highlights

Scenic Views

Mountain(s) · Territorial

Forest Haven

Faye Wright

Market activity

Demand and pricing signals for this listing

105 views

People checking out this listing

4 saves

Buyers have saved this home

387 days on market

Established listing

About this home

Lot

South Salem small acreage parcels now ready for your quality custom built Kaufman Home! A rare find so close to everything and in the Sprague school district, easy build flat parcels, gated rock wall entry, long paved private drive, beautiful settings of towering Oak & Fir trees with abundance of Wildlife! Let us help you design and build your dream home with a stunning backdrop! Includes the well already in.

Standout features identified

Our analysis highlights easy build flat parcels, small acreage parcels, and abundance of wildlife as key attractions of this home.

Estimated monthly payment

Based on current rates

$3,334/month

Principal & Interest$2,634

Property Tax$525

Insurance$175

Down payment20% ($105,000)

3%50%

Est. 6.43% rate · 30yr fixed · $420,000 loan

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At a glance

Key facts and listing details

Property

Home typeLot

Sub-typeUnimproved Land

Systems

Water / SewerPrivate/Community/Dist, Well / Septic Tank

Parking & Outdoor

Lot2.37 Acres

Location & Tax

NeighborhoodFaye Wright

ZoningAR

Annual tax$203

Features & details

3 categories of property features

Exterior Features

Lot Features

Dimension Above

Flag Lot

Views

Mountain(s)

Territorial

Utilities

Cable Available

Electricity Connected

Natural Gas Connected

Sewer Not Available

Phone Available

Listing insights

Market data and value estimates

StatusFor Sale

Days on market387

Tax rate0.81%

On marketMar 4, 2025

PostedMar 4, 2025

MLS updatedFeb 17, 2026

Tour days6

Favorites4

How are the schools in Salem?

3 schools rated nearby

Salem Heights Elementary School

Elementary • Public • K-5

0.2 mi

Crossler Middle School

Middle • Public • 6-8

2.3 mi

Sprague High School

High • Public • 9-12

2.1 mi

Location

Salem, OR, 97306

Expand map

Price history

1 event

DateEventPrice$/sqftSource

Mar 4, 2025Listed For Sale$525,000—WVMLS

Listed For Sale$525,000

Mar 4, 2025•WVMLS

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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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Value estimates

Live

30yr rate est.6.43%

Affordability$3,153/mo

Accepted financing

CashConventional

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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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