Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Valley Brokers

4698 Wallace Rd NW, 
Salem, OR 97304

$2,500,000


4

Beds


7

Baths


4,675

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Gladys Blum

Troy Blum

Blum Real Estate

Direc: 503-485-1900

Last updated:

May 4, 2025, 02:21 PM

MLS#

828382

Source:

OR WVMLS

About This Home

4698 Wallace Rd NW

Welcome to River Cove Farm: Where Nature’s Beauty Meets Georgian Elegance! Nestled in the heart of Willamette Valley wine country & just minutes from downtown Salem, this one-of-a-kind estate offers a rare blend of lush acreage, Willamette River frontage, & breathtaking views. A gated entry opens to a long, paved driveway leading to this gorgeous Georgian-style home, which exudes elegance throughout. Spanning 19.05 acres, the property also has a cottage, barn, pastures, fruit trees, private beach & cove! The main level primary suite features a cozy fireplace and ensuite bathroom, ensuring comfort and luxury. A library with built-ins and a majestic living room provide stunning views. The elegant kitchen and formal dining room are perfect for hosting memorable gatherings. The expansive game/recreation room includes a kitchenette and full bathroom, ideal for entertaining guests. Step outside to the spacious patio and soak in the views. It is a true gardener’s delight with ample space for gardening. The property is equipped with a large shop/barn, chicken house, and pastures. A charming caretaker’s cottage offers many possibilities.Enjoy the tranquility of the Willamette River frontage, complete with a private beach and a cove for boat tie-up.Your sanctuary awaits!

Home Facts

Single Family

7 Baths

4 Bedrooms

Built in 1998

Price Summary

2,500,000

$534 per Sq. Ft.

MLS #:

828382

Last Updated:

May 4, 2025, 02:21 PM

Added:

3 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

7

Full Bathrooms:

5

Interior

Living Area:

4,675 Sq. Ft.


Structure

Structure

Architectural Style:

2 Story

Building Area:

4,675 Sq. Ft.

Year Built:

1998


Lot

Lot Size (Sq. Ft):

829,818


Finances & Disclosures

Finances

Price:

$2,500,000

Price per Sq. Ft:

$534 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.

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

 

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.