This 445-acre Willamette Riverfront Farm offers 381 tillable acres with top-tier soils and double-covered water rights, making it ideal for blueberries, hazelnuts, row crops, or any high-value agriculture. Strategically located in the path of progress, a significant portion of this farm presents a generational opportunity for absorption into the City of Salem Urban Growth Boundary. This is a rare opportunity to purchase a productive farm with the rare opportunity to expand future generational wealth.This unique farm comes in two separate blocks that have distinctly different opportunities. Both have top tier soils and excellent water rights.The Southern Block: Row Crop and Caneberries This block has excellent river bottom soils and water rights ideal for expanding into blueberries and hazelnuts. The soil in this section is predominantly Chehalis silty clay loam and Cloquato silt loam and is covered by Bureau water rights and Ground Water Rights. The mainlines are tied together providing great irrigation options for any farming activities. Drain tile has been installed in the appropriate places to ensure uniform production. The southern block includes 122 acres planted with high-quality, award-winning caneberries and marion berries. The farm is renowned for its caneberry production and quality. It is well maintained and operates as a turnkey caneberry production business with an experienced, long-term crew. This blocks strategic location near an existing quarry, plus high demand for aggregates make this an attractive prospect for future royalty income and/or direct quarry development.The Northern Block: Expansion and Future Development The soil in this block is dominated by Woodburn and Amity silt loam which is ideal for almost any high value crop grown in the Willamette Valley. This part of the property is covered with Bureau and Ground Water Rights, providing great long term water security for any future plantings.
Pending
$9,650,000
3372 River Bend Rd NW, Salem, OR 97304
3beds
1,180sqft
Est.:
Residential, Single Family Residence
Built in 1900
458 Acres Lot
$-- Zestimate®
$8,178/sqft
$-- HOA
What's special
Riverfront farmExcellent river bottom soils
- 175 days |
- 7 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: December 09, 2025 at 09:46pm
Listed by:
Paul Terjeson 503-999-6777,
Keller Williams Realty Mid-Willamette,
Steve Helms 541-979-0118,
Keller Williams Realty Mid-Willamette
Source: RMLS (OR),MLS#: 528436965
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Main
Heating
- Other
Features
- Basement: None
Interior area
- Total structure area: 1,180
- Total interior livable area: 1,180 sqft
Video & virtual tour
Property
Parking
- Parking features: Other
Features
- Levels: One
- Stories: 1
- Fencing: Perimeter
- Has view: Yes
- View description: Mountain(s), River, Territorial
- Has water view: Yes
- Water view: River
- Waterfront features: River Front, Pond
Lot
- Size: 458 Acres
- Features: Level, Private, Sloped, Trees, Acres 200 or More
Details
- Additional structures: WorkshopShed
- Additional parcels included: 239710
- Parcel number: 267386
- Zoning: EFU
- Other equipment: Irrigation Equipment
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential, Single Family Residence
Materials
- Other
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: Volt220
- Sewer: Standard Septic
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Price per square foot: $8,178/sqft
- Tax assessed value: $1,051,760
- Annual tax amount: $2,524
- Date on market: 7/22/2025
- Cumulative days on market: 175 days
- Listing terms: Cash,Farm Credit Service
- Crops included: Yes
- Has irrigation water rights: Yes
- Acres allowed for irrigation: 381
- Electric utility on property: Yes
- Road surface type: Gravel, Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/13/2025 | Pending sale | $9,650,000$8,178/sqft |
Source: | ||
| 7/22/2025 | Listed for sale | $9,650,000$8,178/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,525 +2.2% | $222,589 +2.8% |
| 2023 | $2,470 +3.5% | $216,471 +2.8% |
| 2022 | $2,387 | $210,523 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$56,594/mo
Principal & interest
$46783
Property taxes
$6433
Home insurance
$3378
Climate risks
Neighborhood: 97304
Nearby schools
GreatSchools rating
- 7/10Brush College Elementary SchoolGrades: K-5Distance: 1.1 mi
- 3/10Straub Middle SchoolGrades: 6-8Distance: 1.7 mi
- 6/10West Salem High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: Harritt
- Middle: Walker
- High: West Salem
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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