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3471 Cole Rd S, 
Salem, OR 97306

$2,500,000


5

Beds


5

Baths


4,498

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Gary Bauer- P.C., Direc: 503-932-0975

Knipe Realty ERA Powered

503-445-7660

Last updated:

May 14, 2026, 02:38 PM

MLS#

839753

Source:

OR WVMLS

About This Home

3471 Cole Rd S

Spectacular home and land located in a lovely south Salem country setting with some flat pastures & gentle rolling slopes. Featuring a 5-bedroom, 3-full bath, and 2-half bath plan. Kitchen boasts Hickory Cabinets and Granite Counters w/an Island & Pantry. Gas Range and Dual Convection Ovens add inspiration. Overlooking stunning mountain and territorial views, just steps to an expansive outdoor deck on two sides of the home, perfect for entertaining. Main bedroom suite is spacious w/high ceilings (see add't) hardwood flrs, real wood FP, large walk-in closet & balcony. Bathroom adorned w/jetted tub, large his & her tiled shower, 2-sinks and a gas FP. Main level features 1-bedroom, office-bonus rm and a comfortable living room w/gas FP. Downstairs you will find the family room w/game or theater options, a half-bath and 2-bedrooms with a Jack & Jill bath. Behind this … a safe room with monitored multi-camera security system, A/V wiring hub & central vacuum. Attached is a dual living apartment w/a living area, bedroom, full bath and a small kitchen, w/its own water heater & entrance. The first two-car garage has a mud room with utility shower and sink. Recent improvements inc a new roof, newer interior/exterior paint, large number of electrical upgrades including lighting, water faucets and a newer heat pump & new satellite internet. The outdoors greets you with thoughtfully landscaped architecture, inc a large patio, a paver patio w/Gas Firepit, Koi Pond and a Hot Tub. All plumbing & electrical services are underground. The grounds feature 7-separate fenced pastures each stubbed w/water irrigation hookups. Automated gated entryway enjoys Wi-Fi connectivity. The second two-car garage or shop is attached to the barn with heat & half-bath options. The barn is a fully enclosed 60' x 90' arena w/lighting & tall RV sliding doors on both sides. Adjacent are 5-large horse stalls each with an automatic watering system & drainage. Outside are three covered bays for hay, equipment, etc. A rain catchment system next to barn gathers & stores 5,000-gallons of water in 2-cisterns. There is a custom high-end tree house with water and power. Low property taxes comparative to value. Barn and land can be re-purposed for a variety of uses. Maybe a Sports Court, Storage Facility, Hobby Farm, Event Hosting (Weddings or Parties) or even a B & B≠ There is a back entrance to property with access to the outbuildings. A truly amazing place to call home where you can make your dreams come true!

Home Facts

Single Family

5 Baths

5 Bedrooms

Built in 2005

Price Summary

2,500,000

$555 per Sq. Ft.

MLS #:

839753

Last Updated:

May 14, 2026, 02:38 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

3

Interior

Living Area:

4,498 Sq. Ft.


Structure

Structure

Architectural Style:

Tri-Level

Building Area:

4,498 Sq. Ft.

Year Built:

2005


Lot

Lot Size (Sq. Ft):

879,476


Finances & Disclosures

Finances

Price:

$2,500,000

Price per Sq. Ft:

$555 per Sq. Ft.

MLS Logo
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.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.