5501 Lipscomb St, Salem, OR 97317

Salem
Local realty services provided by:ERA Freeman & Associates, Realtors
5501 Lipscomb St,Salem, OR 97317
$2,400,000
Virtual Tour
  • 5 Beds
  • 7 Baths
  • 5,943 sq. ft.
  • Single family
  • Active
Listed by: nancy rocha alley
Office: homesmart realty group971-599-5865
MLS#:334816575
Source:PORTLAND

Price summary

  • Price:$2,400,000
  • Price per sq. ft.:$403.84

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 #:334816575
  • Added:104 day(s) ago
  • Updated:October 01, 2026 at 12:04 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:7
  • Full bathrooms:5
  • Half bathrooms:2
  • Bathrooms Description:Soaking Tub
  • Kitchen Description:Butlers Pantry, Dishwasher, Disposal, Double Oven, Free Standing Refrigerator, Gas Appliances, Island, Microwave, Pot Filler
  • Basement Description:Daylight, Finished
  • Living area:5,943 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:2025
  • Building area:5,943 sq. ft.
  • Lot area:2.68 Acres
  • Architectural Style:2 Story
  • Exterior Features:Covered Deck, Free Standing Hot Tub, Raised Beds
  • Levels:2 Stories

Schools

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

Utilities

  • Water:Well
  • Sewer:Standard Septic

Finances and disclosures

  • Price:$2,400,000
  • Price per sq. ft.:$403.84
  • Tax amount:$6,841 (2025)

Features and amenities

  • Amenities:High Ceilings, Home Theater, Laundry, Sound System
  • Smart home:Yes

Parking

  • Total parking spaces:3
  • Parking description:Driveway
  • Garage spaces:3
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than ERA Freeman & Associates, Realtors are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: October 1, 2026

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