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Listed by MARK SHADRIN • BERKSHIRE HATHAWAY HOMESERVICES R E PROF • Cell: 503-983-4405

$499,900

Est. payment - /mo

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3 Beds

2 Baths

1,990 SqFt

Price Dropped by $30K

5198 Skyline Rd S S Salem, OR 97306

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Key Details

Property Type Single Family Home

Sub Type Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,990 sqft

Price per Sqft $251

MLS Listing ID 827378

Bedrooms 3

Full Baths 2

Year Built 1950

Annual Tax Amount $4,122

Tax Year 2024

Lot Size 0.780 Acres

Acres 0.78

Property Sub-Type Residence

Property Description

Set on nearly an acre in South Salem. This inviting single level home offers 3 bedrooms, 2 bathrooms, and nearly 2000 sqft of living space. City water and septic system. A second well for irrigation, perfect for maintaining the lush, mature landscaping. Towering fir, sequoia, and pine trees provide shade and privacy, while numerous fruit trees, raised garden beds, and established greenery create a serene, park like setting. The location is ideal for everyday living, with top rated schools, major medical offices, and public transit nearby, plus quick access to I5 and downtown Salem. Beyond the lifestyle appeal, this property offers exceptional long term value. Zoned MultiFamily Residential, it supports a range of development possibilities from duplexes, triplexes, and fourplexes to larger multi unit complexes, with potential density of up to 31 units per acre. Utilities are readily available with power and city water onsite, and sewer and stormwater nearby. Whether you choose to add income producing units, subdivide, or hold for future appreciation, this is a rare find combining comfort today with opportunity tomorrow.Please do not enter the property without an appointment.

Location

State OR

County Marion

Area 50 South Salem

Rooms

Other Rooms Walk-in Pantry

Primary Bedroom Level 1/Main

Dining Room Area (Combination)

Kitchen 10 X 7

Interior

Hot Water Electric

Heating Gas, Baseboard, Zonal

Cooling Gas, Baseboard, Zonal

Flooring Carpet, Vinyl

Fireplaces Type Living Room, Gas

Exterior

Parking Features Attached

Garage Spaces 2.0

Fence Partial

View Territorial

Roof Type Composition

Garage Yes

Building

Foundation Slab

New Construction No

Schools

Middle Schools Judson

High Schools Sprague

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Edel Lopez

Broker | License ID: 201224741

+1(503) 800-7006