Well placed 5.15 acre property located in the prestigious Chinook Estates of South Salem! With an out of town feel but just minutes to commercial street or downtown Salem, this property and surrounding neighborhood has a unique peace about it. If you're looking for space and a sanctuary out of the cramped, busyness of the city this place has it all. The 2336 sqft home has a private feel as it is nestled among beautiful trees that are well placed around it providing cozy sitting areas to take in the magnificent views of the property and neighboring land. With vaulted ceilings and adequate window size and location the home has a bright and warm appeal. Step out of the master bedroom onto your own private deck for a nice sitting area with great views of the yard and pasture. Energy cost is super efficient now with the new solar system that helps to keep the electric bill lower. The utility room has adequate storage and a deep sink to keep project messes out of the kitchen. Horse fenced.
Listing courtesy of AgriHome Realty, LLC, agent Beau Whitaker, 541-777-2110
Data last updated July 28, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $680,000 · $170,000 down · 30 year term
Monthly cash flow, cap rate, and cash-on-cash return at this price. Every number is an estimate you can adjust to your own financing and rent.
Estimate $4,250 ($3,625–$4,900) · starting estimate. Edit to your own number.
At $849,900 with 20% down, this property runs $1,811 per month negative. Adjust the price, down payment, or rent to find what works.
Estimates only, not investment advice or a guarantee of rent, value, or return. Figures depend on the numbers you enter and current market conditions. Verify with your lender, tax advisor, and a Ryan Realty broker before you rely on them.
