2540 Michigan City Ln Nw, Salem, OR 97304

Listing Courtesy of COLDWELL BNKR/COMMERCIAL DIV. Direc: 503-884-6281 Selling Office: EXP REALTY, LLC.

$1,250,000
4
BD
3
BA
2,873
SqFt
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Sold Price
$1,250,000
List Price
$1,460,000
Closing Date
Jul 15, 2025
MLS#
824682
Status
CLOSED
Type
Single Family Residential
Subtype
Single Family Residence
City
Salem
Area
60 Northwest Salem
County
Polk
Bedrooms
4
Bathrooms
3
Living Area
2,873
Year Built
1980
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(503) 838-1912

Property Description

Outstanding Residential Development Opportunity located adjacent to the newly developed Misty Meadows development. The sale includes an assemblage of two separate tax parcels (R400792-2.80ac bare land/R267146-2.80ac. residence, shop & barn). Residence is +/- 2,873/SF and Shop is +/- 1920/SF. The property does have the potential to develop rental income while going through the approval process. PLEASE DO NOT DISTURB OWNER. See addt'l details attached. Buyer responsible for completing due-diligence.

(503) 838-1912
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Additional Information

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Mountain(s), Territorial
Water
Well
Heating
Heat Pump
Foundation
Slab
Flooring
Carpet, Vinyl
Elementary School
Brush College
Middle School
Straub
High School
West Salem
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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.