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Sold
  • $8,500,000

    3372 River Bend Rd NW, Salem, OR 97304

    3beds
    1,180sqft
    Residential, Single Family Residence
    Built in 1900
    458 Acres Lot
    $-- Zestimate®
    $7,203/sqft
    $2,189 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,189/mo

    Zestimate® history
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    What's special

    This 445-acre Willamette Riverfront Farm offers 381 tillable acres with top-tier soils and double-covered water rights, making it ideal for blueberries, hazelnuts, row crops, or any high-value agriculture. Strategically located in the path of progress, a significant portion of this farm presents a generational opportunity for absorption into the City of Salem Urban Growth Boundary. This is a rare opportunity to purchase a productive farm with the rare opportunity to expand future generational wealth.This unique farm comes in two separate blocks that have distinctly different opportunities. Both have top tier soils and excellent water rights.The Southern Block: Row Crop and Caneberries This block has excellent river bottom soils and water rights ideal for expanding into blueberries and hazelnuts. The soil in this section is predominantly Chehalis silty clay loam and Cloquato silt loam and is covered by Bureau water rights and Ground Water Rights. The mainlines are tied together providing great irrigation options for any farming activities. Drain tile has been installed in the appropriate places to ensure uniform production. The southern block includes 122 acres planted with high-quality, award-winning caneberries and marion berries. The farm is renowned for its caneberry production and quality. It is well maintained and operates as a turnkey caneberry production business with an experienced, long-term crew. This blocks strategic location near an existing quarry, plus high demand for aggregates make this an attractive prospect for future royalty income and/or direct quarry development.The Northern Block: Expansion and Future Development The soil in this block is dominated by Woodburn and Amity silt loam which is ideal for almost any high value crop grown in the Willamette Valley. This part of the property is covered with Bureau and Ground Water Rights, providing great long term water security for any future plantings.

    Zillow last checked:

    Listing updated:

    Listed by:

    Paul Terjeson 503-999-6777,

    Keller Williams Realty Mid-Willamette,

    Steve Helms 541-979-0118,

    Keller Williams Realty Mid-Willamette

    Bought with:

    Paul Terjeson, 960900133

    Keller Williams Realty Mid-Willamette

    Source: RMLS (OR),MLS#: 528436965MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    Primary bedroom
    • Level: Main
    Heating
    • Other
    Features
    • Basement: None
    Interior area
    • Total structure area: 1,180
    • Total interior livable area: 1,180 sqft

    Property

    Parking
    • Parking features: Other
    Features
    • Levels: One
    • Stories: 1
    • Fencing: Perimeter
    • Has view: Yes
    • View description: Mountain(s), River, Territorial
    • Has water view: Yes
    • Water view: River
    • Waterfront features: River Front, Pond
    Lot
    • Size: 458 Acres
    • Features: Level, Private, Sloped, Trees, Acres 200 or More
    Details
    • Additional structures: WorkshopShed
    • Additional parcels included: 239710
    • Parcel number: 267386
    • Zoning: EFU
    • Other equipment: Irrigation Equipment

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Residential, Single Family Residence
    Materials
    • Other
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: Volt220
    • Sewer: Standard Septic
    • Water: Well

    Community & neighborhood

    Location
    • Region: Salem

    Other

    Other facts
    • Has crops included: Yes
    • Has irrigation water rights: Yes
    • Acres allowed for irrigation: 381
    • Listing terms: Cash,Farm Credit Service
    • Road surface type: Gravel, Paved

    Price history

    DateEventPrice
    5/29/2026Sold$8,500,000-11.9%$7,203/sqft
    Source: RMLS (OR) #528436965 Report a problem
    5/28/2026Pending sale$9,650,000$8,178/sqft
    Source: RMLS (OR) #528436965 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,525 +2.2%$222,589 +2.8%
    2023$2,470 +3.5%$216,471 +2.8%
    2022$2,387 $210,523
    2021-- --
    2020-- --

    Find assessor info on the county website

    Neighborhood: 97304

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Harritt
    • Middle: Walker
    • High: West Salem

    Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.