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$759,960
5 Beds 3 Baths
Move-in-ready new construction in Verona Heights, South Salem! This spacious 5-bedroom home features a main-level bedroom with walk-in closet and full bath, plus a semi-formal dining room ideal for entertaining. Enjoy a gourmet kitchen with gas appliances, a 3-car garage, and a fenced backyard with an expansive 20-ft covered deck for year-round outdoor living. Special financing incentives available. No HOA! Sample photos are of a similar home; finishes may vary. An elegant metal and wood staircase leads upstairs to an open loft, centered around four additional bedrooms, including a private primary suite featuring a large walk-in closet, soaking tub and walk-in shower. No HOA. Other plans available/under construction, visit the community model home, located at 2149 Veneta Ave S, to learn more.

5954 Sorrento St, Salem

Listing Courtesy of SEKISUI HOUSE PNW, INC.. 360-635-2328

$799,000
Prime 12-Unit Redevelopment Opportunity in the Heart of SalemUnlock the potential of this strategically located site at 725 Shipping St NE. Currently positioned for a high-density transition, this property offers a rare footprint for a 12-unit residential complex. With Salem’s growing demand for urban housing, this concept maximizes the lot’s efficiency while providing future tenants with unparalleled access to downtown and the I-5 corridor. Key Highlights:- Density & Scale: Optimized site layout for a 12-unit multi-family build.- Strategic Location: Blocks away from local transit, shopping, and major employment hubs.- Infrastructure Ready: Existing utility access simplifies the initial phases of site prep.Market Demand: Perfect for a mix of studios and one-bedroom units to target the local workforce.Mixed-Used (MU-II) zoning has opened up many possibilities for this property. The 5,170 square-foot second story houses a ballroom, restrooms, full bar, kitchen, and storage. The 5,090 square-foot main level contains a "lounge", full bar, offices, kitchen, dining area, restrooms, and meeting rooms. A fenced and graveled storage yard could be used for parking, outdoor dining, food trucks, or new construction. Building is currently leased on a month-to-month basis.Ideas for the existing building include a 12-unit apartment building (site plan has been approved), microbrewery or taphouse, coffee, event center, restaurant, bar, etc. The ballroom is still regularly being used, but the building will require significant improvements to utilize all areas. The Seller is open to a traditional sale and also is open to discussing creative partnerships or development ideas.

725 Shipping St Ne, Salem

Listing Courtesy of KITHKIN REAL ESTATE. 503-930-2786

$799,500
4 Beds 4 Baths
CUSTOM HOME YOURS TO FINISH! A rare opportunity to own a beautifully built two-story home shell, offering a well-designed layout and quality construction, ready for your personal finishes. The main level features a primary suite, a spacious dining room with breathtaking mountain views, and a living room with a grand fireplace that flows seamlessly into the chef’s kitchen. Upstairs, you’ll find a loft area, a huge bonus room that could serve as an additional bedroom, and access to a stunning deck—perfect for relaxing and entertaining. Additionally, the owner has already started installing a geothermal system with Millcreek Heating, with minimal work needed to complete—offering a fantastic energy-efficient feature. With strong craftsmanship and quality bones, this home is ready for your vision. Bring your builder or contractors and make it your dream home!

7511 Skyline Rd S, Salem

Listing Courtesy of FCRE HOME. 503-999-4276

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.