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.
For sale
Listed by: Luxe Forbes Global Properties
$1,225,000
9145 Wallace Rd NW, Salem, OR 97304
4beds
4,339sqft
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
- 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#: 841204
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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
Estimated market value
$1,176,300
$1.12M - $1.24M
$4,792/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/19/2026 | Listed for sale | $1,225,000-3.9%$282/sqft |
Source: | ||
| 1/1/2026 | Listing removed | $1,275,000$294/sqft |
Source: | ||
| 9/19/2025 | Listed for sale | $1,275,000$294/sqft |
Source: | ||
| 9/8/2025 | Listing removed | $1,275,000$294/sqft |
Source: | ||
| 7/24/2025 | Price change | $1,275,000-5.6%$294/sqft |
Source: | ||
| 5/6/2025 | Listed for sale | $1,350,000+92.9%$311/sqft |
Source: | ||
| 6/27/2016 | Sold | $700,000-6.7%$161/sqft |
Source: | ||
| 4/15/2016 | Price change | $749,900+7.2%$173/sqft |
Source: BLUM REAL ESTATE #699679 Report a problem | ||
| 1/28/2016 | Listed for sale | $699,500-5.5%$161/sqft |
Source: BLUM REAL ESTATE #699679 Report a problem | ||
| 12/1/2015 | Listing removed | $739,950$171/sqft |
Source: BLUM REAL ESTATE #695049 Report a problem | ||
| 10/9/2015 | Price change | $739,950-1.3%$171/sqft |
Source: BLUM REAL ESTATE #695049 Report a problem | ||
| 8/31/2015 | Listed for sale | $749,950+0%$173/sqft |
Source: BLUM REAL ESTATE #695049 Report a problem | ||
| 7/23/2015 | Listing removed | $749,900$173/sqft |
Source: Coldwell Banker SEAL #14571870 Report a problem | ||
| 8/6/2013 | Listed for sale | $749,900-3.7%$173/sqft |
Source: Homes By Clarity #13009807 Report a problem | ||
| 6/1/2013 | Listing removed | $779,000$180/sqft |
Source: Coldwell Banker Mountain West Real Estate, Inc. #655216 Report a problem | ||
| 1/16/2013 | Price change | $779,000+3.9%$180/sqft |
Source: Coldwell Banker Mountain West Real Estate, Inc. #655216 Report a problem | ||
| 7/27/2012 | Price change | $749,900+3.4%$173/sqft |
Source: Coldwell Banker Mountain West Real Estate, Inc. #655216 Report a problem | ||
| 6/7/2012 | Price change | $725,000-8.8%$167/sqft |
Source: RE/MAX EQUITY GROUP SALEM BUSINESS CENTER #637340 Report a problem | ||
| 2/13/2011 | Price change | $795,000-7.5%$183/sqft |
Source: RE/MAX EQUITY GROUP , INC. #637340 Report a problem | ||
| 8/6/2010 | Listed for sale | $859,000-14.1%$198/sqft |
Source: John L Scott Real Estate #631037 Report a problem | ||
| 4/30/2008 | Sold | $999,900$230/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $101,670 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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.
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Climate risks
Neighborhood: 97304
Nearby schools
GreatSchools rating
- 7/10Brush College Elementary SchoolGrades: K-5Distance: 6.6 mi
- 5/10Straub Middle SchoolGrades: 6-8Distance: 7.4 mi
- 6/10West Salem High SchoolGrades: 9-12Distance: 7.6 mi
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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A local lender can help you make sure your offer is ready when you are.
- Oregon
- Polk County
- Salem
- 97304
- 9145 Wallace Rd NW




