Primary on Main
Listed By:
HOMESMART REALTY GROUP - 971-599-5865
Address
2554 Cole Rd, Salem, OR
Price
$ 3,900,000
Property Attributes
  • ID#837184
  • TypeSingle Family
  • Listing Status Active
  • CountyMARION
  • CitySalem
  • Area50 SOUTH SALEM
  • Zip97306
  • Style
  • Year Built2005
  • Taxes$ 21053
  • Price$ 3,900,000
  • Bedrooms5
  • Full Bathrooms7
  • Half Bathrooms2
  • Sqr Footage8847
  • Lot Size32.3 Acres
Data Source:
Willamette Valley MLS (DEMO ONLY FOR COMPLIANCE)
Property Description

Set on 32 pristine acres, this remarkable estate delivers over 11,000 square feet of luxury living, combining grand scale with thoughtful design. The residence features 5 bedrooms, 7 full bathrooms, and 2 half bathrooms, crafted for those who value privacy, comfort, and exceptional entertaining. A dramatic entry welcomes you into a soaring foyer with elegant tile flooring, immediately showcasing the home’s architectural presence. The chef’s kitchen is both functional and refined, complete with a generous butler’s pantry and ideal flow for hosting. A 6+ car garage and expansive shop offer abundant room for projects, storage, and recreation. The main living spaces are filled with natural light and designed for gathering. The living room features a striking fireplace, custom mantle, and built-ins, while the family room impresses with a wet bar and private movie theater. Two formal dining rooms provide flexible spaces for everything from intimate dinners to large celebrations.A hidden cellar tucked behind a secret door—with its own private bathroom—creates a unique and memorable entertaining space. Step outside to an expansive patio featuring a fireplace and built-in BBQ, perfect for year-round enjoyment. The fenced sport court with basketball hoop adds another layer of fun and versatility.The primary suite is a private retreat, offering a fireplace, sitting area, spa-style shower, oversized jacuzzi tub, dual walk-in closets, and separate restrooms. Upstairs, three additional bedrooms each feature ensuite bathrooms, with access to two balconies from either the third bedroom or the study. Completing the home are a dedicated workout room with mirrored walls and a large bonus playroom. Every detail of this estate has been thoughtfully designed to balance refined luxury with everyday functionality, creating a truly exceptional place to call home.

Elementary School Middle School High School
Sumpter Elementary School Crossler Middle School Sprague High School
Price History
1/31/2026 Listed $4,200,000
7/24/2026 8$3,900,000

General Features

Kitchen Level 1/Main
Possession COE+60
Zoning SA
Water Well
New Construction No
Water Heater Propane
County Marion
Class Residential
Type Residence
Yearly Taxes 21053
Roof Tile
Status ACTIVE
55+ Community No
Assessments or Liens No
Subdivision OR
Handicap Amenities No
HOA No Association
Green Home No
Inspection Report Available No
Primary City Salem
Year Built 2005
Virtual Tour https://2554coleroad.com/
City Salem
Middle School Crossler
VIEW Mountain,Territorial
HOME WARRANTY No
High School Sprague
Postal Code 97306
Price Per Sq Ft Total AG 440.83
Price Per Sq Ft Total AG 440.83
TERMS SELLER WILLCONSIDER Cash,Conventional

Interior Features

Family Room Level 1/Main
Dining Room Level 1/Main
Living Room Level 1/Main
Bedroom 4 Dimensions 12x15
Kitchen Dimensions 23x22
Living Room Dimensions 22x16
Bedroom 3 Dimensions 17x22
Utility Room Level 1/Main
Bedroom 2 Dimensions 18x22
Family Room Dimensions 35x35
Dining Room Dimensions 16x9
Basement Finished
Flooring Carpet,Tile,Wood
Beds 5
Total Baths 9
Half Baths 2
Full Baths 7
Dining Room Area (Combination),Formal
Fireplace Family Room,Living Room,Other Room,Wood
Additional Room Level 2/Upper
Bonus Rooms Den,Other(Refer to Remarks),Rec Room,Walk-in Pantry
Dual Living No
Heating-Cooling Central AC,Forced Air,Propane
Dishwasher Yes
Disposal Yes
High Speed Comm Access Available
Total Baths 8.5

Exterior Features

Foundation Continuous
Garage Type Attached
Price per Acre 120743.03
Lot Size Area 32.3
Garage Capacity 4+
Water Rights No
Underground Sprinklers Yes
Outbuildings Separate Shop
Flood Plan No
Patio Patio
Landscape Yes
Siding Brick,Rock
Fenced Yard Partial
Lot M&B
SEWER - CITY No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 97306

Price
AVG $730K
$3.9M
Taxes
AVG $7,396
$21,053
Year Built
AVG 2004
2005
Visits
AVG 110
4
Data Provided by Inside Real Estate®

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