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For sale
  • Listed by: 

    GLADYS BLUM Direc:503-485-1900,

    Blum Real Estate,

    TROY BLUM,

    Blum Real Estate

    $2,500,000

    4698 Wallace Rd NW, Salem, OR 97304

    4beds
    4,675sqft
    : 
    Residence
    Built in 1998
    19.05 Acres Lot
    $-- Zestimate®
    $535/sqft
    $-- HOA

    What's special

    Cozy fireplaceLush acreageGeorgian-style homePrivate beachBreathtaking viewsFormal dining roomLibrary with built-ins
    Welcome to River Cove Farm: Where Nature’s Beauty Meets Georgian Elegance! Nestled in the heart of Willamette Valley wine country & just minutes from downtown Salem, this one-of-a-kind estate offers a rare blend of lush acreage, Willamette River frontage, & breathtaking views. A gated entry opens to a long, paved driveway leading to this gorgeous Georgian-style home, which exudes elegance throughout. Spanning 19.05 acres, the property also has a cottage, barn, pastures, fruit trees, private beach & cove! The main level primary suite features a cozy fireplace and ensuite bathroom, ensuring comfort and luxury. A library with built-ins and a majestic living room provide stunning views. The elegant kitchen and formal dining room are perfect for hosting memorable gatherings. The expansive game/recreation room includes a kitchenette and full bathroom, ideal for entertaining guests. Step outside to the spacious patio and soak in the views. It is a true gardener’s delight with ample space for gardening. The property is equipped with a large shop/barn, chicken house, and pastures. A charming caretaker’s cottage offers many possibilities.Enjoy the tranquility of the Willamette River frontage, complete with a private beach and a cove for boat tie-up.Your sanctuary awaits!
    41 days
    on Zillow
    |
    1,495
    |
    113
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 19, 2025 at 11:25am

    Listed by:

    GLADYS BLUM Direc:503-485-1900,

    Blum Real Estate,

    TROY BLUM,

    Blum Real Estate

    Source: WVMLS,MLS#: 828382MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 4698 Wallace Rd NW.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 7
    • Full bathrooms: 5
    • 1/2 bathrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 351.45
    • Dimensions: 21.3 x 16.5
    Bedroom 2
    • Level: Upper
    • Area: 211.64
    • Dimensions: 14.8 x 14.3
    Bedroom 3
    • Level: Main
    • Area: 252
    • Dimensions: 18 x 14
    Bedroom 4
    • Level: Main
    • Area: 266
    • Dimensions: 19 x 14
    Dining room
    • Features: Area (Combination), Formal
    • Level: Main
    • Area: 218.68
    • Dimensions: 15.4 x 14.2
    Family room
    • Level: Main
    • Area: 414.7
    • Dimensions: 29 x 14.3
    Kitchen
    • Level: Main
    • Area: 308
    • Dimensions: 22 x 14
    Living room
    • Level: Main
    • Area: 686.76
    • Dimensions: 35.4 x 19.4
    Heating
    • Electric, Solar, Heat Pump, Hot Water
    Appliances
    • Included: Dishwasher, Disposal, Electric Range, Gas Range, Built-In Range, Microwave, Convection Oven, Electric Water Heater
    • Laundry: Main Level
    Features
    • Mudroom, Office, Rec Room
    • Flooring: Carpet, Laminate, Tile, Wood
    • Has fireplace: Yes
    • Fireplace features: Living Room, Other Room, Wood Burning, Propane
    Interior area
    • Total structure area: 4,675
    • Total interior livable area: 4,675 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: Handicap Amenities - See Remarks
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered Deck, Covered Patio, Deck, Patio
    • Fencing: Fenced
    • Has view: Yes
    • View description: Mountain(s), Territorial
    • Has water view: Yes
    • Waterfront features: Waterfront
    Lot
    • Size: 19.05 Acres
    • Features: Irregular Lot, Landscaped
    Details
    • Additional structures: Barn(s), See Remarks, Workshop, Shed(s), RV/Boat Storage
    • Parcel number: 266024.000000000000000
    • Zoning: EFU

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Residence
    Materials
    • Cedar, Lap Siding
    • Foundation: Continuous
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1998

    Utilities & green energy

    • Electric: 1/Main
    • Sewer: Septic Tank
    • Water: Well

    Community & HOA

    Community
    • Security: Security System Owned
    HOA
    • Has HOA: No
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $535/sqft
    • Tax assessed value: $955,500
    • Annual tax amount: $9,043
    • Price range: $2.5M - $2.5M
    • Date on market: 5/1/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: VA Loan,Cash,ODVA,Conventional
    • Inclusions: Refrig&Freezer in main house, wash/dry, window trt
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