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$1,600,000
This sale-leaseback retail opportunity in Salem features a reliable, passive income stream with long-term, stabilized tenant committed to the location and the business. El Ranchero is a very well-known high volume local business featuring on-site food & beverage, as well as abundant grocery, deli, and retail selections.Pricing offers a 7% CAP rate with NNN structure, 10-year term with options, and flexible lease terms. Tenant will assume responsibility for all on-site maintenance. The business has been there since 2019, anchored by Dollar Tree on a strategic, high-traffic commercial location. The property offers a blend of capital appreciation and immediate risk-adjusted returns for any investor.Updated financials and OM coming soon.Text / Call LA with questions.

2615 Lancaster Dr Ne, Salem

Listing Courtesy of JOHN L. SCOTT-SALEM. 541-514-1779

$1,075,000
7 Beds 6 Baths
A perfect blend of Elegance, Space and attention to detail. Expansive home with over 6,000 sq ft of thoughtfully designed space great for entertaining and daily living. This beautiful home features 8 bedrooms, 5.5 baths, amazing Theater room. Fm RM, Lv Rm, Bonus Rms, formal & informal dining. Storage spaces are plentiful throughout. Prime location in beautiful SE Salem. New Roof 2026. Sub Zero blt in Kit refrigerator, Dbl ovens, red oak wood floors, wood wrap wainscoting, crown molding, luxury carpet. Well thought-out plan with 2 Furnaces, 2 water heaters, Pantry storage and laundry shut. From the laundry room to the living room, you'll find room for everything. One bedroom is used as an office with blt-in shelves. Lovely plantation shutters. Sweet loft area makes an ideal reading nook. Outdoor sports court and private backyard. Additional storage area off garage. 3 car garage and RV Pad.

5425 Woodmill Dr Se, Salem

Listing Courtesy of COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.. Direc: 503-851-6300

$2,500,000
5 Beds 7 Baths
Tour of Homes luxury estate on acreage with stunning valley views! This exceptional residence showcases exposed beams, curved entryways, and high-end finishes throughout. A single-level layout with a full basement offers excellent dual living potential. Enjoy 5 spacious bedrooms—each an en suite with walk-in closets—along with 2 half baths. The chef’s kitchen is designed to impress, featuring a 60” gas range, oversized island, and a fully equipped butler’s pantry with an additional dishwasher. The lower level is ideal for entertaining with a wet bar complete with mini fridge, ice maker, and dishwasher. Elevated finishes include custom cabinetry, engineered hardwood (waterproof and wear-resistant) and tile flooring throughout—including limestone—natural stone countertops, custom iron railings, and thoughtfully curated lighting and plumbing fixtures. Venetian plaster accents enhance the master shower, range hood, and fireplace, while radiant heated tile floors bring comfort to the upstairs suites. Smart and functional upgrades include Lutron smart home lighting, integrated indoor/outdoor sound, a constant pressure water system with filtration, and a washer/dryer conveniently located in the primary closet.Outdoor living is equally impressive, featuring a covered deck, full outdoor kitchen with a 44” gas range, refrigerator, and pass-through window, gas heaters in the dining area, and an outdoor gas fire table—perfect for year-round enjoyment. The property also offers a hot tub, irrigated landscaping with lighting and raised garden beds, hot/cold outdoor water spigots, and built-in dog kennels with a dedicated dog wash. Additional highlights include a paved asphalt driveway leading to a 1,500 sq ft 3-car garage (mini-split ready and pre-wired), plus an additional 1,200 sq ft of flexible space—ideal for storage, a home office, gym, or more.

5501 Lipscomb St Se, Salem

Listing Courtesy of HOMESMART REALTY GROUP. Cell: 503-510-5326

$689,000
3 Beds 3 Baths
Prime Golf Course Living: 12th Fairway ViewsOpportunities like this are rare in South Salem. Situated directly on the 12th fairway of the Creekside Golf Course, this expansive 4,200 sq. ft. residence is a blank canvas awaiting your vision.The Opportunity• Unbeatable Setting: Direct, stunning views of the 12th fairway.• Classic Bones: A solid 1995 build with a spacious, versatile floor plan.• Desirable Community: Nestled in one of Salem’s most sought-after neighborhoods. Bring your contractor and your creativity. This is your chance to transform a classic South Salem residence into a modern masterpiece.Schedule your private tour today and see the potential firsthand!

744 Creekside Dr Se, Salem

Listing Courtesy of KELLER WILLIAMS REALTY PORTLAND PREMIERE. Cell: 503-505-8065

$1,175,000
5 Beds 4 Baths
Willamette Riverfront Estate | Modern Farmhouse Elegance on 2.31 Acres with Private Dock, Shop & future ADU Potential. This 5 bedroom with an office space and 3.5 bathroom with 3,713 sq feet was completely torn down to the basement floor and rebuilt in 2023. Privately situated with 125 feet of river frontage with its own private dock, community boat ramp, and a rare blend of seclusion and natural beauty. Exposed architectural beams with a chef's kitchen makes the entire property a dream come true. Spanning approximately 3,713 square feet, the home is masterfully designed to balance grand-scale entertaining with intimate everyday living. Soaring vaulted ceilings, exposed architectural beams, and expansive living spaces are bathed in natural light, creating an atmosphere of understated elegance. At the heart of the home, the chef’s kitchen is a statement in both form and function, featuring premium finishes, an oversized island, and a fully appointed butler’s pantry designed for seamless hosting.The primary suite is a true sanctuary—generously proportioned and thoughtfully appointed with a spa-caliber wet room, complete with a deep soaking tub, walk-in shower, and an expansive custom closet. Throughout the home, bespoke details and unexpected design elements—including a custom-built slide—offer a distinctive blend of refinement and personality.Outdoors, the estate unfolds into a world of possibility. A substantial 1,600-square-foot shop provides exceptional versatility, while existing infrastructure—including dual wells, septic systems, and electrical meters—offers a rare opportunity to create a guest residence or ADU, ideal for multi-generational living or private income potential. The grounds invite a curated micro-farm lifestyle, with a chicken coop and ample space for gardens, orchards, or vineyards.Perfectly positioned within close proximity to Salem, Independence, and Albany, the property offers convenient access to fine dining, boutique shopping, and the acclaimed wineries of the Willamette Valley—while maintaining the privacy and tranquility of a true riverfront escape.A rare offering where design, land, and lifestyle converge—crafted for those who expect nothing less than exceptional.

4468 Fox Ln S, Salem

Listing Courtesy of HOMESMART REALTY GROUP. 503-689-2557

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.