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  • $1,250,000

    5545 Skyline Rd S, Salem, OR 97306

    --beds
    0baths
    7.25Acres
    Unimproved Land
    Built in ----
    7.25 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Mature treesLevel and gently sloped
    This beautiful 7.25-acre lot is level and gently sloped. The properties eastern edge is the boundary between Marion County and Salem. The site is an ideal candidate for annexation into the city which will transition UT-5 zoning to Residential and unlock huge development potential. The property has mature trees and large acreage neighbors to the north and west. This is an excellent location for a development connected to nature with great proximity to the city core. Property to the east was annexed and developed around 2020 with 19 homes built on less than 3 acres. Utilities and roads are at the property line in multiple locations waiting to be extended. The existing home is a habitable 1916 farmhouse with an attached apartment. Huge shop with 3 phase power, horse barn, and RV parking are also present.
    21 days
    |
    358
    |
    9
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 20, 2026 at 03:49am

    Listed by:

    Nathan Reimer 503-754-1892,

    Latitude Regenerative Real Estate

    Source: RMLS (OR),MLS#: 447911439MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Video & virtual tour

      Property

      Features
      • Has view: Yes
      • View description: Territorial
      • Waterfront features: Seasonal
      • Body of water: Seasonal Spring Fed
      Lot
      • Size: 7.25 Acres
      • Features: Gentle Sloping, Acres 7 to 10
      Details
      • Additional structures: Existing Structures, Barn, Residence, Workshop
      • Parcel number: 532453
      • Zoning: UT-5

      Utilities & green energy

      • Sewer: Standard Septic
      • Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Salem

      Financial & listing details

      • Tax assessed value: $675,040
      • Annual tax amount: $4,340
      • Date on market: 9/19/2025
      • Listing terms: Cash,Owner Will Carry
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        12/23/2025Listed for sale$1,250,000
        Source: RMLS (OR) #482922278 Report a problem
        10/2/2025Pending sale$1,250,000
        Source: RMLS (OR) #482922278 Report a problem
        9/29/2025Listed for sale$1,250,000
        Source: RMLS (OR) #447911439 Report a problem
        10/13/2022Listing removed--
        Source: BHHS broker feed Report a problem
        8/25/2022Listed for sale$1,250,000
        Source: BHHS broker feed #22017681 Report a problem
        8/16/2022Listing removed--
        Source: WVMLS #787603 Report a problem
        5/9/2022Listing removed$1,250,000
        Source: WVMLS #787603 Report a problem
        5/5/2022Price change$1,250,000-7.4%
        Source: WVMLS #787603 Report a problem
        3/18/2022Listed for sale$1,350,000-10%
        Source: WVMLS #787603 Report a problem
        1/21/2022Contingent$1,500,000
        Source: WVMLS #787603 Report a problem
        1/13/2022Listed for sale$1,500,000
        Source: WVMLS #787603 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$4,472 +3%$332,360 +3%
        2024$4,341 +2.5%$322,680 +6.1%
        2023$4,235 +2.6%$304,170
        2022$4,130 +2.7%$304,170 +3%
        2021$4,022 +2.8%$295,320 +6.1%
        2020$3,913 +3.8%$278,370
        2019$3,771 +1.4%--
        2018$3,720 --
        2017$3,720 +18.8%--
        2016$3,133 --
        2015$3,133 -2.4%--
        2014$3,208 --

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 97306

        Getting around

        4 / 100
        Car-Dependent
        24 / 100
        Minimal Transit
        33 / 100
        Somewhat Bikeable

        Nearby schools

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

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

        Local experts in 97306

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