4698 Wallace Road Nw, Salem, OR 97304
Local realty services provided by:Duke Warner Realty ERA Powered
Listed by: troy a blum
Office: blum real estate, llc.
MLS#:220209645
Source:OR_SOMLS
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. Enjoy the tranquility of the Willamette River frontage, complete with a private beach and a cove for boat tie-up.
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Home facts
- Year built:1998
- Listing ID #:220209645
- Added:106 day(s) ago
- Updated:May 16, 2026 at 02:38 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:7
- Full bathrooms:5
- Half bathrooms:2
- Flooring:Carpet, Hardwood, Laminate, Tile
- Bathrooms Description:Soaking Tub
- Bedroom Description:Primary Downstairs
- Living area:4,675 sq. ft.
Heating and cooling
- Cooling:Heat Pump
- 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
- Lot Features:Garden, Landscaped, Pasture, Sloped
- Architectural Style:Colonial
- Foundation Description:Stemwall
- Levels:2 Story
Schools
- High school:West Salem High
- Middle school:Straub Middle
- Elementary school:Brush College Elem
Utilities
- Water:Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$2,500,000
- Price per sq. ft.:$534.76
- Tax amount:$9,043 (2024)
Parking
- Parking description:Concrete, Driveway, Gated
- Garage:Yes
- Garage spaces:2
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