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  • $1,250,000

    5545 Skyline Rd S, Salem, OR 97306

    --beds
    0baths
    7.25Acres
    Unimproved Land
    Built in ----
    7.25 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Mature treesLevel and gently sloped
    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.
    97 days
    |
    113
    |
    2
    |

    Zillow last checked: 8 hours ago

    Listing updated: December 23, 2025 at 11:31pm

    Listed by:

    Nathan Reimer 503-754-1892,

    Latitude Regenerative Real Estate

    Source: RMLS (OR),MLS#: 447911439MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Video & virtual tour

    Property

    Features
    • Has view: Yes
    • View description: Territorial
    • Waterfront features: Seasonal
    • Body of water: Seasonal Spring Fed
    Lot
    • Size: 7.25 Acres
    • Features: Gentle Sloping, Acres 7 to 10
    Details
    • Additional structures: Existing Structures, Barn, Residence, Workshop
    • Parcel number: 532453
    • Zoning: UT-5

    Utilities & green energy

    • Sewer: Standard Septic
    • Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Salem

    Financial & listing details

    • Tax assessed value: $669,480
    • Annual tax amount: $4,340
    • Date on market: 9/19/2025
    • Listing terms: Cash,Owner Will Carry
    • Road surface type: Paved

    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    12/23/2025Listed for sale$1,250,000
    Source: RMLS (OR) #482922278 Report a problem
    10/2/2025Pending sale$1,250,000
    Source: RMLS (OR) #482922278 Report a problem
    9/29/2025Listed for sale$1,250,000
    Source: RMLS (OR) #447911439 Report a problem
    10/13/2022Listing removed--
    Source: BHHS broker feed Report a problem
    8/25/2022Listed for sale$1,250,000
    Source: BHHS broker feed #22017681 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$4,341 +2.5%$322,680 +6.1%
    2023$4,235 +2.6%$304,170
    2022$4,130 +2.7%$304,170 +3%

    Find assessor info on the county website

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 97306

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Schirle
    • Middle: Crossler
    • High: Sprague

    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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