4698 Wallace Rd NW, Salem, OR 97304

Local realty services provided by:Knipe Realty ERA Powered
Listed by: gladys blum, troy blumDirec: 503-485-1900
Office: blum real estate
MLS#:828382
Source:OR_WVMLS
4698 Wallace Rd NW,Salem, OR 97304
$2,500,000
Virtual Tour
  • 4 Beds
  • 7 Baths
  • 4,675 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$2,500,000
  • Price per sq. ft.:$534.76

About this home

Rare Riverfront Property - Welcome to River Cove Farm! 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

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Home facts

  • Year built:1998
  • Listing ID #:828382
  • Added:197 day(s) ago
  • Updated:November 15, 2025 at 04:58 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:7
  • Full bathrooms:5
  • Half bathrooms:2
  • Living area:4,675 sq. ft.

Heating and cooling

  • Heating:Electric, Heat Pump, Hot Water, Solar

Structure and exterior

  • Roof:Composition
  • Year built:1998
  • Building area:4,675 sq. ft.
  • Lot area:19.05 Acres

Schools

  • High school:West Salem
  • Middle school:Straub
  • Elementary school:Brush College

Utilities

  • Water:Well
  • Sewer:Septic

Finances and disclosures

  • Price:$2,500,000
  • Price per sq. ft.:$534.76
  • Tax amount:$9,043 (2024)
MLS LogoBased on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.

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