5501 Lipscomb St SE, Salem, OR 97317

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
$2,750,000
  • 5 Beds
  • 7 Baths
  • 5,943 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$2,750,000
  • Price per sq. ft.:$462.73

About this home

Tour of Homes luxury estate on acreage with stunning valley views! Features exposed beams, curved entryways, and high-end finishes throughout. Single-level layout w/ a full basement offers dual living potential. Enjoy 5 bedrooms,each with walk-in closets & 5 full baths & 2 half baths. The chef’s kitchen includes a 60” gas range and butler’s pantry, while the lower level adds a wet bar perfect for entertaining. Radiant heated flooring in the upstairs suites.Outdoor living shines with a covered deck, hot tub irrigation, and paved asphalt driveway leading to a 3-car garage.

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Home facts

  • Year built:2025
  • Listing ID #:840517
  • Added:1 day(s) ago
  • Updated:May 02, 2026 at 05:57 PM

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:$2,750,000
  • Price per sq. ft.:$462.73
  • Tax amount:$6,841 (2025)

Features and amenities

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

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.