For sale

Listed by: Homesmart Realty Group

Price cut: $50K (1/13)

$849,000

2784 Ballyntyne Rd S, Salem, OR 97302

3beds

4,645sqft

Est.:

Single Family Residence

Built in 1989

2.47 Acres Lot

$816,700 Zestimate^®

$183/sqft

$-- HOA

What's special

Rare South Salem Investment Opportunity – 2.47 Acres with Hobbit Guest House. This one-of-a-kind property offers a rare opportunity for investors, creatives, or buyers looking for a unique find. The property features a spacious ~4,645 sq ft main residence plus a whimsical ~1,000 sq ft Tolkien-inspired guest house known as “The Bag Inn.” Seller is the Trustee for Ch. 7 Bankruptcy Estate. Property sold AS-IS. Cooperative occupant on premises. Please contant LA for more information.

224 days

1,803

60

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

Electric, Zoned, Ductless/Mini-Split

Appliances

Included: Dishwasher, Electric Range, Electric Water Heater

Features

Other(Refer to Remarks)
Flooring: Carpet, Vinyl, Tile, Laminate
Basement: Finished,Daylight
Has fireplace: No

Interior area

Total structure area: 4,645
Total interior livable area: 4,645 sqft

Property

Parking

Total spaces: 2
Parking features: Detached
Garage spaces: 2

Features

Levels: Two
Stories: 2
Has view: Yes
View description: Territorial

Lot

Size: 2.47 Acres
Features: Dimension Above, Landscaped

Details

Parcel number: 532413
Zoning: AR-2
Special conditions: Other (Refer to Pvt Rmks)

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Roof: Composition

Condition

New construction: No
Year built: 1989

Utilities & green energy

Sewer: Septic Tank
Water: Well

Community & HOA

Location

Region: Salem

Financial & listing details

Price per square foot: $183/sqft
Tax assessed value: $1,119,670
Annual tax amount: $6,784
Price range: $849K - $849K
Date on market: 8/14/2025
Listing agreement: Exclusive Right To Sell
Listing terms: Cash

Estimated market value

$816,700

$776,000 - $858,000

$3,615/mo

Price history

Date	Event	Price
1/13/2026	Price change	$849,000-5.6%$183/sqft
Source: WVMLS #831523 Report a problem
8/14/2025	Listed for sale	$899,000-7.8%$194/sqft
Source: WVMLS #831523 Report a problem
5/24/2024	Listing removed	$975,000$210/sqft
Source: WVMLS #808616 Report a problem
4/19/2024	Price change	$975,000-2.5%$210/sqft
Source: WVMLS #808616 Report a problem
8/18/2023	Listed for sale	$1,000,000+161.1%$215/sqft
Source: WVMLS #808616 Report a problem
9/2/2015	Sold	$383,000-1.8%$82/sqft
Source: Public Record Report a problem
8/9/2005	Sold	$390,000$84/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,989 +3%	$550,600 +3%
2024	$6,784 -7.4%	$534,566 -1.2%
2023	$7,327 +11.6%	$541,040
2022	$6,564 +2.7%	$541,040 +3%
2021	$6,393 +9.9%	$525,290 +19.9%
2020	$5,815 +3.8%	$438,140
2019	$5,603 +1.3%	--
2018	$5,532	--
2017	$5,532 +19.9%	--
2016	$4,613	--
2015	$4,613 +0.4%	--
2014	$4,593	--