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For sale
  • Listed by: Luxe Forbes Global Properties
    $1,225,000

    9145 Wallace Rd NW, Salem, OR 97304

    4beds
    4,339sqft
    : 
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    Single Family Residence
    Built in 2006
    5.69 Acres Lot
    $1,176,300 Zestimate®
    $282/sqft
    $-- HOA

    What's special

    Premium finishesTranquil cascading water featureMedia roomWraparound driveStunning hickory floorsMultiple exterior entrancesTowering trees
    Nestled among towering trees on 5.69 private acres in the heart of wine country, this beautifully remodeled contemporary daylight ranch offers the perfect balance of privacy, luxury, and convenience—just minutes from downtown Salem. Thoughtfully updated in 2021, this turnkey home showcases striking architectural details, including a dramatic stone façade, soaring vaulted ceilings, expansive windows, and stunning hickory floors that create a light-filled and inviting atmosphere throughout. The main-level primary suite is a true retreat, featuring a double-sided fireplace shared with the spa-inspired bath. The gourmet kitchen is designed to impress with high-end appliances, premium finishes, its own fireplace, and peaceful views of the forested backyard. Custom built-ins throughout the living room, office, and kitchen provide exceptional functionality and storage. The lower level offers incredible flexibility with 2 additional bedrooms, including one with an en-suite bath, a spacious gym/flex room, media room, wet bar, and a climate-controlled wine cellar with 2,000+ bottle capacity. Multiple exterior entrances create excellent potential for dual living, guest quarters, or multi-generational living.Outdoor living is equally impressive with a large, covered deck accessible from both the kitchen and living room, overlooking mature landscaping and a tranquil cascading water feature. Additional amenities include a wraparound drive, 3-car garage, solar array, expansive front lawn, and a large, fenced garden with raised beds. Plenty of level ground remains for a future shop or outbuilding. A rare combination of elegance, comfort, and functionality in an exceptional wine country setting—this is a property where the details truly make the difference.
    30 days
    |
    1,155
    |
    83
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    RITA WOLFF Cell:503-504-5258,

    Luxe Forbes Global Properties

    Source: WVMLS,MLS#: 841204MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: Main
      Bedroom 2
      • Level: Main
      Bedroom 3
      • Level: Lower
      Bedroom 4
      • Level: Lower
      Dining room
      • Features: Area (Combination), Formal
      • Level: Main
      Family room
      • Level: Lower
      Kitchen
      • Level: Main
      Living room
      • Level: Main
      Heating
      • Heat Pump, Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Built-In Range, Electric Water Heater
      • Laundry: Main Level
      Features
      • Den, Mudroom, Office, Rec Room, High Speed Internet
      • Flooring: Carpet, Wood
      • Basement: Daylight,Finished
      • Has fireplace: Yes
      • Fireplace features: Family Room, Other Room, Propane
      Interior area
      • Total structure area: 4,339
      • Total interior livable area: 4,339 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached
      • Attached garage spaces: 3
      Features
      • Patio & porch: Covered Deck, Covered Patio, Deck, Patio
      • Exterior features: Blue
      • Has view: Yes
      • View description: Territorial
      Lot
      • Size: 5.69 Acres
      • Features: Irregular Lot, Landscaped
      Details
      • Additional structures: RV/Boat Storage
      • Parcel number: 276173

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Fiber Cement, Rock, Lap Siding
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 2006

      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: $282/sqft
      • Tax assessed value: $1,291,280
      • Annual tax amount: $8,041
      • Price range: $1.2M - $1.2M
      • Date on market: 5/19/2026
      • Listing agreement: Exclusive Right To Sell
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        Estimated market value

        $1,176,300

        $1.12M - $1.24M

        $4,792/mo

        Price history

        DateEventPrice
        5/19/2026Listed for sale$1,225,000-3.9%$282/sqft
        Source: WVMLS #841204 Report a problem
        1/1/2026Listing removed$1,275,000$294/sqft
        Source: WVMLS #833815 Report a problem
        9/19/2025Listed for sale$1,275,000$294/sqft
        Source: WVMLS #833815 Report a problem
        9/8/2025Listing removed$1,275,000$294/sqft
        Source: WVMLS #828602 Report a problem
        7/24/2025Price change$1,275,000-5.6%$294/sqft
        Source: WVMLS #828602 Report a problem
        5/6/2025Listed for sale$1,350,000+92.9%$311/sqft
        Source: WVMLS #828602 Report a problem
        6/27/2016Sold$700,000-6.7%$161/sqft
        Source: RMLS (OR) #16397322 Report a problem
        4/15/2016Price change$749,900+7.2%$173/sqft
        Source: BLUM REAL ESTATE #699679 Report a problem
        1/28/2016Listed for sale$699,500-5.5%$161/sqft
        Source: BLUM REAL ESTATE #699679 Report a problem
        12/1/2015Listing removed$739,950$171/sqft
        Source: BLUM REAL ESTATE #695049 Report a problem
        10/9/2015Price change$739,950-1.3%$171/sqft
        Source: BLUM REAL ESTATE #695049 Report a problem
        8/31/2015Listed for sale$749,950+0%$173/sqft
        Source: BLUM REAL ESTATE #695049 Report a problem
        7/23/2015Listing removed$749,900$173/sqft
        Source: Coldwell Banker SEAL #14571870 Report a problem
        8/6/2013Listed for sale$749,900-3.7%$173/sqft
        Source: Homes By Clarity #13009807 Report a problem
        6/1/2013Listing removed$779,000$180/sqft
        Source: Coldwell Banker Mountain West Real Estate, Inc. #655216 Report a problem
        1/16/2013Price change$779,000+3.9%$180/sqft
        Source: Coldwell Banker Mountain West Real Estate, Inc. #655216 Report a problem
        7/27/2012Price change$749,900+3.4%$173/sqft
        Source: Coldwell Banker Mountain West Real Estate, Inc. #655216 Report a problem
        6/7/2012Price change$725,000-8.8%$167/sqft
        Source: RE/MAX EQUITY GROUP SALEM BUSINESS CENTER #637340 Report a problem
        2/13/2011Price change$795,000-7.5%$183/sqft
        Source: RE/MAX EQUITY GROUP , INC. #637340 Report a problem
        8/6/2010Listed for sale$859,000-14.1%$198/sqft
        Source: John L Scott Real Estate #631037 Report a problem
        4/30/2008Sold$999,900$230/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$7,805 +2.4%$648,450 +3%
        2023$7,620 +3.6%$629,570 +3%
        2022$7,354 +3.3%$611,240 +3%
        2021$7,119 +2.9%$593,440 +3%
        2020$6,919 +3.8%$576,160 +3%
        2019$6,664 $559,380 +3%
        2018$6,664 +1.9%$543,090 +3%
        2017$6,540 +14.8%$527,280 +3%
        2016$5,699 +0.8%$511,930 +3%
        2015$5,656 -2.9%$497,020 +3%
        2014$5,824 +7.9%$482,550 +3%
        2013$5,397 +2.6%$468,500 +3%
        2012$5,262 +5.3%$454,860 +3%
        2011$4,995 +5.2%$441,620 +3%
        2010$4,750 +0.7%$428,760 +3%
        2009$4,718 $416,280 +14.9%
        2007-- $362,260 +247%
        2006-- $104,390 +3%
        2005-- $101,350 -0.3%
        2004-- $101,670

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          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.
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          Climate risks

          Neighborhood: 97304

          Getting around

          3 / 100
          Car-Dependent
          0 / 100
          No Nearby Transit
          13 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Brush College
          • Middle: Straub
          • High: West Salem

          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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