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2554 Cole Rd, Salem, OR 97306 — photograph 1

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2554 Cole Rd, Salem, OR 97306 — photograph 1
6 Beds8 Baths8,847 sqft

2554 Cole Rd, Salem

$3,900,000

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ActiveMLS®: 375684123Listing held by another brokerage, marked RMLS
Price per sqft
$440.83
Built in
2005
Property size
8,847 sqft
Lot size
32.3 acres
Property type
Residential
Days on market
212

Overview

Luxurious Estate with Breathtaking Mountain Views! This spectacular 5-bedroom, 7 full and 2 half-bath estate offers unmatched elegance across 11,000+ sq. ft. Nestled in a stunning setting on 32 acres, it’s a dream home for those seeking luxury and comfort. Enter through a grand foyer with towering ceilings and tile floors, setting the stage for the impressive interior. The chef's kitchen with a spacious butler pantry is designed for culinary enthusiasts, while the 6+ car garage and large shop provide ample space for projects and storage. Enjoy hosting in the light-filled main living room, featuring a beautiful fireplace, mantle, and built-ins. The family room features wet bar and dedicated movie theater, perfect for entertaining. Choose from two formal dining rooms for memorable meals with family and friends. A secret door leads to a hidden cellar with a private bathroom, offering a unique, intimate gathering space. Outdoors, the expansive patio features a cozy fireplace and built-in BBQ, while the fenced sport court with a basketball hoop promises endless fun. Retreat to the luxurious master suite, complete with a fireplace, sitting area, luxury shower, large jacuzzi tub, and his & hers walk-in closets and restrooms. Each of the three upstairs bedrooms has an ensuite bathroom, with access to two balconies through either the third bedroom or the study. The estate also includes a workout room with mirrors and a spacious bonus playroom. With every luxury and convenience, this estate combines sophistication with practical elegance.

Details

Interior

Interior features
Granite, Home Theater, Jetted Tub, Laundry, Sound System, Tile Floor, Wall to Wall Carpet, Washer / Dryer
Appliances
Built-in Range, Built-in Refrigerator, Butlers Pantry, Dishwasher, Disposal, Gas Appliances, Granite, Microwave, Pantry, Plumbed For Ice Maker, Solid Surface Countertop, Tile, Trash Compactor
Fireplace
Yes
Fireplaces
3
Fireplace description
Wood Burning
Cooling
No
Heating
Yes
Heating description
Forced Air
Windows
Double Pane Windows

Exterior and lot

Lot size
32.3 acres
Exterior features
Athletic Court, Basketball Court, Covered Patio, Fenced, Outbuilding, Patio, Porch, RV Parking, RV / Boat Storage, Sprinkler, Workshop, Yard
Lot features
Gated, Gentle Sloping
Architectural style
Two Stories
View
Yes
View description
Mountain, Territorial, Valley

Utilities

Sewer
Septic Tank
Water source
Well

Parking

Garage spaces
6
Parking
Driveway, RV Access Parking
Total parking
6

Schools

High school
Sprague
Middle school
Crossler
Elementary school
Sumpter

Location

City
Salem
County
Marion
Zoning
SA

Taxes and dues

Annual taxes
$21,053 (2025)

Location

2554 Cole Rd, Salem, OR 97306

Map showing the location of 2554 Cole Rd, Salem, OR 97306
© Mapbox © OpenStreetMap

Monthly payment estimate

$22,512 /mo

20% · $780,000
7.00%
Principal and interest
$20,757
Property tax (2025)
$1,754
Total
$22,512

Estimate only, and not an offer of credit. Assumes 20% down ($780,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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