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For sale
  • Listed by: Knipe Realty Era Powered
    $2,500,000

    3471 Cole Rd S, Salem, OR 97306

    5beds
    4,498sqft
    : 
    Single Family Residence
    Built in 2005
    20.19 Acres Lot
    $-- Zestimate®
    $556/sqft
    $-- HOA

    What's special

    Large patioThoughtfully landscaped architecture
    Spectacular home and land located in a lovely south Salem country setting with some flat pastures & gentle rolling slopes. Featuring a 5-bedroom, 3-full bath, and 2-half bath plan. Kitchen boasts Hickory Cabinets and Granite Counters w/an Island & Pantry. Gas Range and Dual Convection Ovens add inspiration. Overlooking stunning mountain and territorial views, just steps to an expansive outdoor deck on two sides of the home, perfect for entertaining. Main bedroom suite is spacious w/high ceilings (see add't) hardwood flrs, real wood FP, large walk-in closet & balcony. Bathroom adorned w/jetted tub, large his & her tiled shower, 2-sinks and a gas FP. Main level features 1-bedroom, office-bonus rm and a comfortable living room w/gas FP. Downstairs you will find the family room w/game or theater options, a half-bath and 2-bedrooms with a Jack & Jill bath. Behind this … a safe room with monitored multi-camera security system, A/V wiring hub & central vacuum. Attached is a dual living apartment w/a living area, bedroom, full bath and a small kitchen, w/its own water heater & entrance. The first two-car garage has a mud room with utility shower and sink. Recent improvements inc a new roof, newer interior/exterior paint, large number of electrical upgrades including lighting, water faucets and a newer heat pump & new satellite internet. The outdoors greets you with thoughtfully landscaped architecture, inc a large patio, a paver patio w/Gas Firepit, Koi Pond and a Hot Tub. All plumbing & electrical services are underground. The grounds feature 7-separate fenced pastures each stubbed w/water irrigation hookups. Automated gated entryway enjoys Wi-Fi connectivity. The second two-car garage or shop is attached to the barn with heat & half-bath options. The barn is a fully enclosed 60’ x 90’ arena w/lighting & tall RV sliding doors on both sides. Adjacent are 5-large horse stalls each with an automatic watering system & drainage. Outside are three covered bays for hay, equipment, etc. A rain catchment system next to barn gathers & stores 5,000-gallons of water in 2-cisterns. There is a custom high-end tree house with water and power. Low property taxes comparative to value. Barn and land can be re-purposed for a variety of uses. Maybe a Sports Court, Storage Facility, Hobby Farm, Event Hosting (Weddings or Parties) or even a B & B? There is a back entrance to property with access to the outbuildings. A truly amazing place to call home where you can make your dreams come true!
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    Zillow last checked:

    Listing updated:

    Listed by:

    GARY BAUER- P.C. Direc:503-932-0975,

    Knipe Realty Era Powered

    Source: WVMLS,MLS#: 839753MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 3
      • 1/2 bathrooms: 2
      • Main level bathrooms: 1
      Primary bedroom
      • Level: Upper
      Bedroom 2
      • Level: Lower
      Bedroom 3
      • Level: Lower
      Bedroom 4
      • Level: Upper
      Dining room
      • Features: Area (Combination)
      • Level: Main
      Family room
      • Level: Lower
      Kitchen
      • Level: Main
      Living room
      • Level: Main
      Heating
      • Electric, Propane, Heat Pump, Forced Air
      Appliances
      • Included: Dishwasher, Disposal, Gas Range, Built-In Range, Microwave, Range Included, Down Draft, Convection Oven, Electric Water Heater
      • Laundry: Main Level
      Features
      • Den, Mudroom, Office, High Speed Internet, Smart Home
      • Flooring: Carpet, Wood, Tile
      • Basement: Daylight,Finished,Full
      • Has fireplace: Yes
      • Fireplace features: Living Room, Other Room, Wood Burning, Gas
      Interior area
      • Total structure area: 4,498
      • Total interior livable area: 4,498 sqft

      Property

      Parking
      • Parking features: Attached, RV Garage
      • Attached garage spaces: 4
      Features
      • Levels: Tri-Level
      • Patio & porch: Covered Patio, Patio
      • Exterior features: Beige/Tan
      • Has spa: Yes
      • Spa features: Heated
      • Fencing: Fenced
      • Has view: Yes
      • View description: Mountain(s), Territorial
      Lot
      • Size: 20.19 Acres
      • Features: Dimension Above, Landscaped
      Details
      • Additional structures: Barn(s), See Remarks, Workshop, Shed(s), RV/Boat Storage
      • Zoning: SA

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Fiber Cement, Lap Siding
      • Foundation: Continuous
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 2005

      Utilities & green energy

      • Electric: 1/Main
      • Sewer: Septic Tank
      • Water: Well

      Community & HOA

      Community
      • Security: Security System Owned
      HOA
      • Has HOA: No
      Location
      • Region: Salem

      Financial & listing details

      • Price per square foot: $556/sqft
      • Annual tax amount: $6,569
      • Price range: $2.5M - $2.5M
      • Date on market: 4/14/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Federal Land Bank,Conventional
      • Inclusions: Kitchen appliances, windows treatments, hot tub
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $5,335/mo

        Price history

        Price history
        DateEventPrice
        4/14/2026Listed for sale$2,500,000+8.7%$556/sqft
        Source: WVMLS #839753 Report a problem
        12/2/2025Listing removed$2,299,500$511/sqft
        Source: WVMLS #821079 Report a problem
        8/31/2025Price change$2,299,500-6.1%$511/sqft
        Source: WVMLS #821079 Report a problem
        6/2/2025Price change$2,449,500-1.8%$545/sqft
        Source: WVMLS #821079 Report a problem
        3/31/2025Price change$2,495,000-4%$555/sqft
        Source: WVMLS #821079 Report a problem
        9/4/2024Listed for sale$2,600,000$578/sqft
        Source: WVMLS #821079 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        Monthly payment

        Est. payment
        $14,580/mo
        Principal & interest
        $12892
        Property taxes
        $1688
        More affordability tools

          Climate risks

          Neighborhood: 97306

          Getting around

          0 / 100
          Car-Dependent
          0 / 100
          No Nearby Transit
          2 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Sumpter
          • Middle: Crossler
          • High: Sprague

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

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