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!
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
Est.:
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
- 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#: 828382

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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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