5501 Lipscomb St SE, Salem, OR 97317

Salem
Local realty services provided by:Knipe Realty ERA Powered
Listed by: nancy rocha alleyCell: 503-510-5326
Office: homesmart realty group971-599-5865
MLS#:840517
Source:OR_WVMLS
5501 Lipscomb St SE,Salem, OR 97317
$2,500,000
Virtual Tour
  • 5 Beds
  • 7 Baths
  • 5,943 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$2,500,000
  • Price per sq. ft.:$420.66

About this home

Tour of Homes luxury estate on acreage with stunning valley views! This exceptional residence showcases exposed beams, curved entryways, and high-end finishes throughout. A single-level layout with a full basement offers excellent dual living potential. Enjoy 5 spacious bedrooms—each an en suite with walk-in closets—along with 2 half baths. The chef’s kitchen is designed to impress, featuring a 60” gas range, oversized island, and a fully equipped butler’s pantry with an additional dishwasher. The lower level is ideal for entertaining with a wet bar complete with mini fridge, ice maker, and dishwasher. Elevated finishes include custom cabinetry, engineered hardwood (waterproof and wear-resistant) and tile flooring throughout—including limestone—natural stone countertops, custom iron railings, and thoughtfully curated lighting and plumbing fixtures. Venetian plaster accents enhance the master shower, range hood, and fireplace, while radiant heated tile floors bring comfort to the...

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Home facts

  • Year built:2025
  • Listing ID #:840517
  • Added:117 day(s) ago
  • Updated:August 27, 2026 at 03:54 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:7
  • Full bathrooms:5
  • Half bathrooms:2
  • Flooring:Tile, Wood
  • Dining Description:Combination Dining Area, On Level 1
  • Kitchen Description:Dishwasher, Disposal, On Level 1, Range: Gas
  • Bedroom Description:Master Bedroom on Level 1
  • Basement Description:Finished
  • Living area:5,943 sq. ft.

Heating and cooling

  • Cooling:Central Ac
  • Heating:Gas, Radiant Floor

Structure and exterior

  • Roof:Composition
  • Year built:2025
  • Building area:5,943 sq. ft.
  • Lot area:2.68 Acres
  • Lot Features:Irregular
  • Architectural Style:2 Story
  • Construction Materials:Fiber Cement
  • Exterior Features:Covered Deck, Partial Fenced Yard, Underground Sprinkers

Schools

  • High school:Cascade
  • Middle school:Cascade
  • Elementary school:Turner

Utilities

  • Water:Well
  • Sewer:Septic

Finances and disclosures

  • Price:$2,500,000
  • Price per sq. ft.:$420.66
  • Tax amount:$6,841 (2025)

Features and amenities

  • Amenities:Area/Room For RV, Electric Water Heater
  • Pool features:Hot Tub
  • Smart home:Yes

Parking

  • Parking description:Attached Garage
  • Garage spaces:3
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. OR_WVMLS Member Broker: Jeff Knipe

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