4698 Wallace Rd NW, Salem, OR 97304
Local realty services provided by:Knipe Realty ERA Powered



Listed by:gladys blumDirec: 503-485-1900
Office:blum real estate
MLS#:828382
Source:OR_WVMLS
Price summary
- Price:$2,500,000
- Price per sq. ft.:$534.76
About this home
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!
Contact an agent
Home facts
- Year built:1998
- Listing Id #:828382
- Added:105 day(s) ago
- Updated:July 19, 2025 at 02:23 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)
New listings near 4698 Wallace Rd NW
- New$899,000Active3 beds 3 baths4,645 sq. ft.
2784 Ballyntyne Rd S, Salem, OR 97302
MLS# 831523Listed by: HOMESMART REALTY GROUP - New$199,000Active3 beds 2 baths1,188 sq. ft.
4754 El Cedro St, Salem, OR 97305
MLS# 832545Listed by: SMI REAL ESTATE - New$399,900Active3 beds 3 baths1,653 sq. ft.
4598 Beth St NE, Salem, OR 97301
MLS# 832619Listed by: HOMESMART REALTY GROUP - New$379,500Active3 beds 1 baths1,551 sq. ft.
3030 Doughton St, Salem, OR 97302
MLS# 398530784Listed by: COLDWELL BANKER PROFESSIONAL - New$450,000Active4 beds 3 baths1,792 sq. ft.
395 44th Av SE, Salem, OR 97317
MLS# 832440Listed by: HOMESMART REALTY GROUP - Open Sat, 1 to 3pmNew$399,900Active2 beds 2 baths1,306 sq. ft.
1236 Redwood St NW, Salem, OR 97304
MLS# 832609Listed by: WINDERMERE HERITAGE - Open Sat, 11am to 1pmNew$399,000Active3 beds 2 baths1,008 sq. ft.
436 Buckboard Ct, Salem, OR 97317
MLS# 222520386Listed by: PEAK REALTY - Open Sat, 1 to 3pmNew$544,000Active3 beds 3 baths1,877 sq. ft.
2882 High St SE, Salem, OR 97302
MLS# 832411Listed by: WINDERMERE PACIFIC WEST PROP - Open Sat, 11am to 1pmNew$319,000Active2 beds 1 baths752 sq. ft.
757 South St NE, Salem, OR 97301
MLS# 832561Listed by: HOMESMART REALTY GROUP - New$499,900Active3 beds 2 baths1,754 sq. ft.
2414 Cherry Blossom Dr NW, Salem, OR 97304
MLS# 832604Listed by: RE/MAX INTEGRITY - SALEM