For sale

Listed by:

AMY STEELE Agent:503-428-6655,

Homestar Brokers

Price cut: $15K (10/9)

$724,900

5530 Steele Ln SE, Salem, OR 97317

3beds

2,066sqft

Est.:

Single Family Residence

Built in 1901

2.01 Acres Lot

$711,700 Zestimate^®

$351/sqft

$-- HOA

What's special

Modern updatesLarge shopPrivate acreageRv setupChicken coopSpacious garden areaClassic charm

Updated Farmhouse on Private Acreage – Minutes from Town!Welcome to your dream hobby farm! This beautifully updated 3-bedroom, 2-bath farmhouse sits on a lush, private acreage just outside of town. Enjoy a spacious garden area, RV setup, and a large shop perfect for projects or storage. The property includes a chicken coop and room for animals, with potential for an ADU (buyer to verify). Inside, classic charm meets modern updates, offering comfort and style throughout. Whether you're looking to homestead or simply enjoy peaceful country living with city convenience, this property has it all!

88 days

1,105

53

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2

Primary bedroom

Level: Main

Bedroom 2

Level: Upper

Bedroom 3

Level: Upper

Dining room

Features: Area (Combination)
Level: Main

Kitchen

Level: Main

Living room

Level: Main

Heating

Electric, Forced Air, Wall Furnace

Appliances

Included: Dishwasher, Disposal, Gas Range, Built-In Range, Range Included, Convection Oven, Gas Water Heater
Laundry: Main Level

Features

Mudroom, Office, High Speed Internet
Flooring: Carpet
Has fireplace: Yes
Fireplace features: Family Room, Gas

Interior area

Total structure area: 2,066
Total interior livable area: 2,066 sqft

Property

Parking

Parking features: No Garage, RV Disposal

Features

Levels: Two
Stories: 2
Patio & porch: Deck, Patio
Exterior features: Grey

Lot

Size: 2.01 Acres

Details

Additional structures: Workshop, RV/Boat Storage
Parcel number: 529960
Zoning: AR

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: 1901

Utilities & green energy

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

Community & HOA

HOA

Has HOA: No

Location

Region: Salem

Financial & listing details

Price per square foot: $351/sqft
Tax assessed value: $491,150
Annual tax amount: $3,243
Price range: $724.9K - $724.9K
Date on market: 9/12/2025
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,FHA,Conventional

Estimated market value

$711,700

$676,000 - $747,000

$2,900/mo

Price history

Date	Event	Price
10/9/2025	Price change	$724,900-2%$351/sqft
Source: WVMLS #833579 Report a problem
9/12/2025	Listed for sale	$739,900+54.2%$358/sqft
Source: WVMLS #833579 Report a problem
8/19/2019	Sold	$479,900+56.8%$232/sqft
Source: Public Record Report a problem
9/14/2006	Sold	$306,000$148/sqft
Source: Public Record Report a problem