Accepted Offer with Contingencies. Set on just over 10 acres, right outside city limits, versatile ranch-style home with a tranquil pond offers space, functionality, and an increasingly hard to find opportunity. From a hobby farm to a horse property, with a 3 stall horse enclosure, this property can bring your country living dreams to life. The home offers a spacious layout with 3 bedrooms, 2 bathrooms, and a large bonus room that could be a 4th bedroom. 3 large shops offer space for RV or boat parking, and ample storage or projects. Where this property truly shines is in its expansive outdoor potential. The EFU zoning supports agricultural use, making it an excellent opportunity for farming, hobby agriculture, or simply enjoying wide open space. Three large shops offer exceptional utility—ideal for equipment storage, workshop use, or housing recreational vehicles. There’s ample room for RVs, boats, trailers, and all the tools and toys that come with a rural lifestyle. Whether you’re looking to cultivate, create, or simply spread out, this property delivers a rare combination of usable acreage, functional improvements, and a highly desirable location.
Under contract
Listed by: Havenrose Real Estate
$949,999
5665 Silverton Rd NE, Salem, OR 97305
4beds
2,690sqft
Single Family Residence
Built in 1976
10.64 Acres Lot
$908,600 Zestimate®
$353/sqft
$-- HOA
What's special
Workshop useTranquil pondVersatile ranch-style homeUsable acreageIdeal for equipment storageHousing recreational vehiclesLarge bonus room
- 32 days |
- 799 |
- 22 |
Zillow last checked:
Listing updated:
Listed by:
ALLIE SAUNDERS CELL:503-400-2771,
Havenrose Real Estate,
KATHLEEN (KATY) VOVES,
Havenrose Real Estate
Source: WVMLS,MLS#: 840077
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
Primary bedroom
- Level: Main
- Area: 327.24
- Dimensions: 16.2 x 20.2
Bedroom 2
- Level: Main
- Area: 146.05
- Dimensions: 11.5 x 12.7
Bedroom 3
- Level: Main
- Area: 132.08
- Dimensions: 10.4 x 12.7
Bedroom 4
- Level: Main
- Area: 368
- Dimensions: 20 x 18.4
Dining room
- Features: Formal
- Level: Main
- Area: 130.81
- Dimensions: 12.7 x 10.3
Family room
- Level: Main
- Area: 215.93
- Dimensions: 14.3 x 15.1
Kitchen
- Level: Main
- Area: 117.42
- Dimensions: 10.3 x 11.4
Living room
- Level: Main
- Area: 224.14
- Dimensions: 17.11 x 13.1
Heating
- Electric, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range, Range Included, Electric Water Heater
- Laundry: Main Level
Features
- Other(Refer to Remarks)
- Flooring: Carpet, Vinyl
- Has fireplace: Yes
- Fireplace features: Family Room, Wood Burning
Interior area
- Total structure area: 2,690
- Total interior livable area: 2,690 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport, RV Garage
- Garage spaces: 2
- Has carport: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Lght Green
- Fencing: Fenced
Lot
- Size: 10.64 Acres
- Features: Irregular Lot, Landscaped
Details
- Additional structures: Workshop, Shed(s), RV/Boat Storage
- Parcel number: 522704
- Zoning: EFU
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Lap Siding
- Foundation: Continuous
- Roof: Composition
Condition
- New construction: No
- Year built: 1976
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: $353/sqft
- Tax assessed value: $459,410
- Annual tax amount: $4,787
- Price range: $950K - $950K
- Date on market: 5/20/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,VA Loan,USDA Loan
Estimated market value
$908,600
$863,000 - $954,000
$2,985/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Pending sale | $949,999$353/sqft |
Source:  RMLS (OR) #237119389 Report a problem | ||
| 6/18/2026 | Contingent | $949,999$353/sqft |
Source:  WVMLS #840077 Report a problem | ||
| 5/20/2026 | Listed for sale | $949,999$353/sqft |
Source: WVMLS #840077 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,003 +3% | $276,230 +3% |
| 2024 | $3,888 +5.4% | $268,310 +6.1% |
| 2023 | $3,690 +3.1% | $252,800 |
| 2022 | $3,578 -0.5% | $252,800 +1.5% |
| 2021 | $3,596 +7.3% | $248,970 +6% |
| 2020 | $3,352 -1.2% | $234,930 |
| 2019 | $3,393 +1.4% | -- |
| 2018 | $3,347 | -- |
| 2017 | $3,347 +4.9% | -- |
| 2016 | $3,192 | -- |
| 2015 | $3,192 +6.9% | -- |
| 2014 | $2,985 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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: 97305
Nearby schools
GreatSchools rating
- 2/10Lamb Elementary SchoolGrades: K-5Distance: 0.8 mi
- 2/10Stephens Middle SchoolGrades: 6-8Distance: 1 mi
- 2/10McKay High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Cesar Chavez
- Middle: Adam Stephens
- High: McKay
Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Marion County
- Salem
- 97305
- 5665 Silverton Rd NE
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