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5545 Skyline Rd, Salem, OR 97301

$1,250,000

Property Description

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.

5545 Skyline Rd | MLS# 447911439

This land located at 5545 Skyline Rd, Salem, OR 97301 is currently listed for sale with an asking price of $1,250,000. The property has approximately 7.25 Acres. Search Salem real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Land - Recreational
Lot Size: 7.25 Acres
Taxes: $4,341

Feature Descriptions

Body of Water: Seasonal Spring Fed
Days on Site: 200
Present Use: Residential
Road Surface: Paved
Special View Info: Territorial
Utilities: Electricity Connected, Natural Gas Connected, Standard Septic, Water Connected
Waterfront: Seasonal

Local Schools

High School: Sprague
Middle School: Crossler
Elementary School: Schirle

Listed By / Shown By

Listed By

Agency Name: Latitude Regenerative Real Estate
Agency Phone: 503-927-6085

Shown By

Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 7,047.01 per month $6,320.68 Principal & Interest $361.75 Property Tax $364.58 Homeowner's Insurance

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