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Active
    • $2,500,000

    4698 Wallace Rd NW, Salem, OR 97304

    4beds
    7baths
    5,795sqft
    : 
    Single Family Residence
    Built in 1998
    19.05 Acres Lot
    $-- Zestimate®
    $431/sqft
    $-- HOA

    What's special

    Lush acreageGeorgian-style homePrivate beachBreathtaking viewsWillamette river frontageFruit trees
    Welcome to River Cove Farm: Where Nature's Beauty Meets Georgian Elegance! Nestled in the heart of Willamette Valley wine country & just minutes from downtown Salem, this one-of-a-kind estate offers a rare blend of lush acreage, Willamette River frontage, & breathtaking views. A gated entry opens to a long, paved driveway leading to this gorgeous Georgian-style home, which exudes elegance throughout. Spanning 19.05 acres, the property also has a cottage, barn, pastures, fruit trees, private beach & cove!
    8 days
    on Zillow
    |
    483
    |
    19
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 08, 2025 at 12:16pm

    Listed by:

    Blum Real Estate, LLC 503-485-1900

    Source: Oregon Datashare,MLS#: 220207349MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 4698 Wallace Rd NW.

    Next available tour time:Today at 12pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 7
    Heating
    • Fireplace(s), Electric, Heat Pump, Hot Water, Solar
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal
    Features
    • Kitchen Island, Primary Downstairs
    • Flooring: Carpet, Hardwood, Laminate, Tile
    • Has fireplace: Yes
    • Fireplace features: Family Room, Living Room, Propane, Wood Burning
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 4,675
    • Total interior livable area: 5,795 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Gated
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Patio
    • Has view: Yes
    • View description: River
    • Has water view: Yes
    • Water view: River
    • Waterfront features: River Front
    Lot
    • Size: 19.05 Acres
    • Features: Garden, Landscaped, Pasture
    Details
    • Additional structures: Barn(s), Guest House
    • Parcel number: 266024
    • Zoning description: EFU
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Foundation: Stemwall
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1998

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $431/sqft
    • Tax assessed value: $955,500
    • Annual tax amount: $9,043
    • Date on market: 8/8/2025
    • Listing terms: Cash,Conventional,VA Loan
    • Road surface type: Paved
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