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Pending
  • $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.
    208 days
    |
    419
    |
    9
    |

    Zillow last checked:

    Listing updated:

    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: $675,040
      • Annual tax amount: $4,340
      • Date on market: 9/19/2025
      • Cumulative days on market: 208 days
      • 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
        4/14/2026Pending sale$1,250,000
        Source: RMLS (OR) #482922278 Report a problem
        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
        8/16/2022Listing removed--
        Source: WVMLS #787603 Report a problem
        5/9/2022Listing removed$1,250,000
        Source: WVMLS #787603 Report a problem
        5/5/2022Price change$1,250,000-7.4%
        Source: WVMLS #787603 Report a problem
        3/18/2022Listed for sale$1,350,000-10%
        Source: WVMLS #787603 Report a problem
        1/21/2022Contingent$1,500,000
        Source: WVMLS #787603 Report a problem
        1/13/2022Listed for sale$1,500,000
        Source: WVMLS #787603 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$4,472 +3%$332,360 +3%
        2024$4,341 +2.5%$322,680 +6.1%
        2023$4,235 +2.6%$304,170
        2022$4,130 +2.7%$304,170 +3%
        2021$4,022 +2.8%$295,320 +6.1%
        2020$3,913 +3.8%$278,370
        2019$3,771 +1.4%--
        2018$3,720 --
        2017$3,720 +18.8%--
        2016$3,133 --
        2015$3,133 -2.4%--
        2014$3,208 --

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $7,290/mo
        Principal & interest
        $6446
        Property taxes
        $844
        More affordability tools

          Climate risks

          Neighborhood: 97306

          Getting around

          4 / 100
          Car-Dependent
          24 / 100
          Minimal Transit
          20 / 100
          Somewhat Bikeable

          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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