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Listing provided courtesy of PREMIERE PROPERTY GROUP, LLC ALBANY: 541-730-4830.

5445 Reed Ln SE

Salem, OR 97306
  • $554,900
  • STATUS: Active
  • ON SITE: 90 Days
  • MLS #: 841558
Price Reduced
UPDATED: 63 min ago
$554,900
  • 3
    BEDS
  • 0.29
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,400
    SQFT
  • $231
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1990
County:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of PREMIERE PROPERTY GROUP, LLC ALBANY: 541-730-4830. Listing information © 2026 Willamette Valley Multiple Listing Service



Description

NEW PRICE, NEW OPPORTUNITY! Unbeatable value awaits in this beautifully updated 2,400 SQ FT, 3-bedroom, 2-bath home in an established South Salem neighborhood. Situated on a pristine 0.29-acre lot with NO HOA, this home is surrounded by beautifully maintained properties and offers ultimate privacy and convenience. EXTENSIVE 2025 & 2026 UPDATES: The property boasts a brand-new roof, new siding, fresh exterior and interior paint, new luxury vinyl plank flooring, new plush bedroom carpet, and a new insulated garage door. PREMIUM INTERIOR FEATURES: Inside, you'll find a bright, comfortable living space highlighted by vaulted ceilings, granite countertops, stainless steel appliances, spacious bedrooms, and the cozy ambiance of both a wood-burning and an electric fireplace. OUTDOOR OASIS & BONUS SPACE: Step outside to an expansive deck perfect for relaxing or entertaining, complete with mature trees and a serene koi pond water feature. The oversized lot also provides ample room for RV parking, recreational toys, and additional storage. PRIME LOCATION: Hard to beat—just steps from Pringle Elementary School and Wes Bennett Park, and minutes from shopping, dining, and easy I-5 access.

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Willamette Valley MLS logo

'IDX Member: Peter Braunworth | Coho Realty' © 2026 Based 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. Data last updated: 2026-09-16T10:08:41.943.

IDX Member: Peter Braunworth | Coho Realty
www.coho.realty/homes/177806095
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5445 Reed Ln SE Salem, OR 97306

  • Price: $554,900
  • Status: Active
  • On Site: 90 Days
  • Updated: 63 min ago
  • MLS #: 841558
3
Beds
2
Baths
0
½ Baths
0.29
Acres
2,400
SQFT
$231
$/SQFT
1990
Built
Neighborhood:
Grabenhorst Fruit Farms
County:
Marion
Area:
40 SOUTHEAST SALEM
Elementary School:
Pringle
Middle School:
Judson
High School:
South Salem
Property Description
NEW PRICE, NEW OPPORTUNITY! Unbeatable value awaits in this beautifully updated 2,400 SQ FT, 3-bedroom, 2-bath home in an established South Salem neighborhood. Situated on a pristine 0.29-acre lot with NO HOA, this home is surrounded by beautifully maintained properties and offers ultimate privacy and convenience. EXTENSIVE 2025 & 2026 UPDATES: The property boasts a brand-new roof, new siding, fresh exterior and interior paint, new luxury vinyl plank flooring, new plush bedroom carpet, and a new insulated garage door. PREMIUM INTERIOR FEATURES: Inside, you'll find a bright, comfortable living space highlighted by vaulted ceilings, granite countertops, stainless steel appliances, spacious bedrooms, and the cozy ambiance of both a wood-burning and an electric fireplace. OUTDOOR OASIS & BONUS SPACE: Step outside to an expansive deck perfect for relaxing or entertaining, complete with mature trees and a serene koi pond water feature. The oversized lot also provides ample room for RV parking, recreational toys, and additional storage. PRIME LOCATION: Hard to beat—just steps from Pringle Elementary School and Wes Bennett Park, and minutes from shopping, dining, and easy I-5 access.
Exterior Features

Exterior Color Blk/Brn Fenced Yard Yes Foundation Continuous Garage Capacity 2 Garage Type Attached Home Style 2 Story Landscape Yes Lot Type Dimension Above Patio Deck Roof Composition Siding Composite Siding Style Board & BattLap Swimming Pool Hot Tub Underground Sprinklers Yes View Territorial

Interior Features

Bedroom2 Level 2/Upper Bedroom3 Level 2/Upper Dining Formal Dining Room Level 1/Main Dishwasher Yes Disposal Yes Family Room Level 1/Main Fireplace ElectricLiving RoomOther RoomWood Flooring CarpetLaminateLuxury Vinyl PlankTile Heating And Cooling WoodCentral ACHeat PumpForced Air Kitchen Level 1/Main Living Room Level 1/Main Master Bedroom Level 2/Upper Range Facility Electric Total Baths 2 Utility Room Level 1/Main Water Heater Gas

Property Features

55 Plus Housing No Assessments Or Liens No Dual Living No Flood Plain No Green Home No Handicap Amenities No High Speed Comm Access Present Home Warranty No Homeowners Association No Association Inclusions All kitchen applianceswasher & dryer included Inspection Report Available No New Construction No Possession COE Rv Amenities Area/Room For Security System Owned Sewer Yes Source Of Sq F County Tax Amount 6622 Tax Years 2025 Terms Seller Will Consider Federal VACashODVAFHAConventional Water City Water Rights No Zoning RA

© 2026 Willamette Valley Multiple Listing Service. All rights reserved.


Willamette Valley MLS logo

'IDX Member: Peter Braunworth | Coho Realty' © 2026 Based 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. Data last updated: 2026-09-16T10:08:41.943.

IDX Member: Peter Braunworth | Coho Realty
 
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Peter Braunworth | Coho Realty
500 Liberty St SE, Suite 410
Salem OR, 97301
Listing provided courtesy of PREMIERE PROPERTY GROUP, LLC ALBANY: 541-730-4830. Listing information © 2026 Willamette Valley Multiple Listing Service