For Sale57d on market

Ta 533779 Riverside & Ta 533778 Dr

Salem, OR, 97306 • South Gateway • Marion County

$1,250,000

62.1 acLot

Property DNA

1 highlights

Waterfront Property

Waterfront

This home is getting attention

Listed 57 days ago · 163 views · 4 saves

Market activity

Demand and pricing signals for this listing

163 views

People checking out this listing

4 saves

Buyers have saved this home

57 days on market

Established listing

Selling Soon Prediction

Moderate

This home ranks in the top 37% of listings most likely to go under contract soon, based on market activity and demand signals.

Likelihood score

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About this home

Lot

This property offers approximately 8/10 of a mile of river frontage, presenting an excellent opportunity for various endeavors such as Mitigation projects, hunting clubs, recreational facilities, parks, conservation efforts, and more. Gorgeous pond on the property as well. Buyer to do all due diligence. (Use 5930-5998 Riverside Dr S Salem, OR 97306 for directions).

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

Full calculator →

At a glance

Key facts and listing details

Property

Home typeLot

Sub-typeUnimproved Land

Parking & Outdoor

Lot62.15 Acres

Location & Tax

NeighborhoodSouth Gateway

ZoningEFU

Annual tax$1,497

Features & details

2 categories of property features

Exterior Features

Lot Features

Not Flagged

Utilities

Cable Not Available

Electricity Not Available

Natural Gas Not Available

Phone Not Available

Listing insights

Market data and value estimates

StatusFor Sale

Days on market57

Tax rate0.81%

On marketJan 28, 2026

PostedJan 28, 2026

MLS updatedJan 28, 2026

Tour days6

Favorites4

How are the schools in Salem?

3 schools rated nearby

Sumpter Elementary School

Elementary • Public • K-5

0.8 mi

Judson Middle School

Middle • Public • 6-8

1.6 mi

Sprague High School

High • Public • 9-12

2.1 mi

Location

Salem, OR, 97306

Expand map

Price history

4 events

DateEventPrice$/sqftSource

Jan 28, 2026Listed For Sale$1,250,000—WVMLS

Jan 21, 2026Listing Removed$1,250,000—WVMLS

May 12, 2025Price Change$1,250,000—WVMLS

May 15, 2024Listed For Sale$1,500,000—WVMLS

Listed For Sale$1,250,000

Jan 28, 2026•WVMLS

Listing Removed$1,250,000

Jan 21, 2026•WVMLS

Price Change$1,250,000

May 12, 2025•WVMLS

Listed For Sale$1,500,000

May 15, 2024•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

Affordability$7,510/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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