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5501 Lipscomb St

Salem, OR 97317
  • $2,500,000
  • STATUS: Active
  • ON SITE: 82 Days
  • MLS #: 334816575
UPDATED: 29 min ago
$2,500,000
  • 5
    BEDS
  • 2.68
    ACRES
  • 5
    BATHS
  • 2
    1/2 BATHS
  • 5,943
    SQFT
  • $421
    $/SQFT
Type:
Single-Family Home
Built:
2025
County:

School Information

Elementary School:
Middle School:
High School:

Description

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 upstairs suites. Smart and functional upgrades include Lutron smart home lighting, integrated indoor/outdoor sound, a constant pressure water system with filtration, and a washer/dryer conveniently located in the primary closet.Outdoor living is equally impressive, featuring a covered deck, full outdoor kitchen with a 44” gas range, refrigerator, and pass-through window, gas heaters in the dining area, and an outdoor gas fire table—perfect for year-round enjoyment. The property also offers a hot tub, irrigated landscaping with lighting and raised garden beds, hot/cold outdoor water spigots, and built-in dog kennels with a dedicated dog wash. Additional highlights include a paved asphalt driveway leading to a 1,500 sq ft 3-car garage (mini-split ready and pre-wired), plus an additional 1,200 sq ft of flexible space—ideal for storage, a home office, gym, or more.

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Listing content is copyright © 2026 RMLS™, Portland, Oregon. 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 Coho Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2026-09-09T17:51:12.713.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Coho Realty and should be independently verified.
www.coho.realty/homes/177917829
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5501 Lipscomb St Salem, OR 97317

  • Price: $2,500,000
  • Status: Active
  • On Site: 82 Days
  • Updated: 29 min ago
  • MLS #: 334816575
5
Beds
5
Baths
2
½ Baths
2.68
Acres
5,943
SQFT
$421
$/SQFT
2025
Built
Neighborhood:
173-Marion Co: Southeast Salem
County:
Marion
Area:
173-Marion Co: Southeast Salem
Elementary School:
Turner
Middle School:
Cascade
High School:
Cascade
Property Description
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 upstairs suites. Smart and functional upgrades include Lutron smart home lighting, integrated indoor/outdoor sound, a constant pressure water system with filtration, and a washer/dryer conveniently located in the primary closet.Outdoor living is equally impressive, featuring a covered deck, full outdoor kitchen with a 44” gas range, refrigerator, and pass-through window, gas heaters in the dining area, and an outdoor gas fire table—perfect for year-round enjoyment. The property also offers a hot tub, irrigated landscaping with lighting and raised garden beds, hot/cold outdoor water spigots, and built-in dog kennels with a dedicated dog wash. Additional highlights include a paved asphalt driveway leading to a 1,500 sq ft 3-car garage (mini-split ready and pre-wired), plus an additional 1,200 sq ft of flexible space—ideal for storage, a home office, gym, or more.
Exterior Features

Architectural Style Stories2 Attached Garage YN Yes Exterior Description Cement Siding Exterior Features Covered Deck Free Standing Hot Tub Raised Beds Garage Type Attached Parking Features Driveway Parking Total 3 Road Surface Type Paved Roof Composition View Description Mountain View YN Yes

Interior Features

Additional Room Description _2nd Primary Bedroom Additional Room Level Lower Additional Room2 Description Laundry Additional Room2 Level Main Additional Room3 Description _2nd Kitchen Additional Room3 Level Lower Appliances Butlers Pantry Dishwasher Disposal Double Oven Free Standing Refrigerator Gas Appliances Island Microwave Pot Filler Basement Daylight Finished Bathrooms Full Lower Level 1 Bathrooms Full Main Level 4 Bathrooms Full Upper Level 0 Bathrooms Partial Lower Level 1 Bathrooms Partial Main Level 1 Bathrooms Partial Upper Level 0 Cooling Central Air Cooling YN Yes Dining Room Level Main Fireplace Features Gas Fireplace YN Yes Fireplaces Total 1 Heating Forced Air Heating YN Yes Interior Features Heated Tile Floor High Ceilings Home Theater Laundry Soaking Tub Sound System Kitchen Features Disposal Formal Gas Appliances Kitchen Features Cont Butlers Pantry Double Oven Kitchen11 Level Main Living Room Features Beamed Ceilings Fireplace Insert Living Room Level Main Lower Level Area Total 1935 Main Level Area Total 4008 Primary Bedroom Features Bookcases Primary Bedroom Features Cont Bathtub With Shower Soaking Tub Primary Bedroom Level Main Second Bedroom Features Bathroom Second Bedroom Features Cont Closet Second Bedroom Level Main Third Bedroom Features Bathroom Third Bedroom Features Cont Closet Third Bedroom Level Lower Upper Level Area Total 0

Property Features

Accessibility Features Garageon Main Main Floor Bedroom Bath Minimal Steps Utility Room On Main Accessibility YN Yes Association YN No Bank Owned YN No Fuel Description Electricity Green Certification YN No Home Warranty YN Yes Hot Water Description Electricity IDXAddress Display YN Yes Internet Service Type Fiber Optics Listing Terms Cash Conventional New Construction YN No Property Attached YN No Property Condition Resale Property Sub Type Single Family Residence RVDescription RVParking Senior Community YN No Sewer Standard Septic Short Sale YN No Tax Annual Amount 6840.89 Tax Year 2025 Water Source Well Zoning RES

Listing provided courtesy of HomeSmart Realty Group: .


Listing content is copyright © 2026 RMLS™, Portland, Oregon. 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 Coho Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2026-09-09T17:51:12.713.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Coho Realty and should be independently verified.
 
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500 Liberty St SE, Suite 410
Salem OR, 97301