Listing provided courtesy of HomeSmart Realty Group- MLS# 375684123MLS Provider

2554 COLE RDSalem, OR 97306

Single Family · 6 Beds · 7 Full Baths · 2 Partial Baths · 8,847 Sq. ft. | 32.30 Acres
$4,200,000 Active

2554 COLE RD Overview

Time on Site:
137 days
Visits:
5

Luxurious Estate with Breathtaking Mountain Views! This spectacular 5-bedroom, 7 full and 2 half-bath estate offers unmatched elegance across 11,000+ sq. ft. Nestled in a stunning setting on 32 acres, it's a dream home for those seeking luxury and comfort. Enter through a grand foyer with towering ceilings and tile floors, setting the stage for the impressive interior. The chef's kitchen with a spacious butler pantry is designed for culinary enthusiasts, while the 6+ car garage and large shop provide ample space for projects and storage. Enjoy hosting in the light-filled main living room, featuring a beautiful fireplace, mantle, and built-ins. The family room features wet bar and dedicated movie theater, perfect for entertaining. Choose from two formal dining rooms for memorable meals with family and friends. A secret door leads to a hidden cellar with a private bathroom, offering a unique, intimate gathering space. Outdoors, the expansive patio features a cozy fireplace and built-in BBQ, while the fenced sport court with a basketball hoop promises endless fun. Retreat to the luxurious master suite, complete with a fireplace, sitting area, luxury shower, large jacuzzi tub, and his & hers walk-in closets and restrooms. Each of the three upstairs bedrooms has an ensuite bathroom, with access to two balconies through either the third bedroom or the study. The estate also includes a workout room with mirrors and a spacious bonus playroom. With every luxury and convenience, this estate combines sophistication with practical elegance.

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2554 COLE RD Facts & Features

  • Type Single Family
  • Sq. ft. 8,847
  • Price/Sq.ft. $475
  • Lot 32.30 Acres

Details

General

School Information

  • Elementary School: Sumpter
  • Middle Or Junior School: Crossler
  • High School: Sprague

Building Information

  • Year Built: 2005

Location/Region

  • Country: US
  • County Or Parish: Marion
  • MLS Area Major: 172 - Marion Co: South Salem

Tax Information

  • Tax Annual Amount: 21053.32
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional,VA Loan
  • Parcel Number: 533221
  • Property Condition: Resale
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Zoning: SA

Interior

Parking Information

  • Garage Spaces: 6.0

Beds/Baths

  • Bathrooms Full: 7
  • Bathrooms Partial: 2
  • Bathrooms Total: 9
  • Bedrooms Total: 6

Building Interior

  • Building Area Total: 8847.0

General Information

  • Accessibility Features: Main Floor Bedroom w/Bath
  • Appliances: Built-in Range,Built-in Refrigerator,Butler's Pantry,Dishwasher,Disposal,Gas Appliances,Granite,Microwave,Pantry,Plumbed For Ice Maker,Solid Surface Countertop,Tile,Trash Compactor
  • Basement: Crawl Space
  • Fireplace Features: Wood Burning
  • Fireplaces Total: 3
  • Foundation Details: Concrete Perimeter
  • Heating: Forced Air
  • Interior Features: Granite,Home Theater,Jetted Tub,Laundry,Sound System,Tile Floor,Wall to Wall Carpet,Washer/Dryer
  • Security Features: None
  • Stories: 3
  • Window Features: Double Pane Windows

Exterior

Parking Information

  • Parking Features: Driveway,RV Access/Parking
  • Parking Total: 6.0

Lot Information

  • Lot Features: Gated,Gentle Sloping
  • Lot Size Acres: 32.3
  • Lot Size Square Feet: 1406988.0
  • Road Surface Type: Gravel
  • Water Source: Well

Building Exterior/Construction

  • Architectural Style: 2 Story

General Information

  • Exterior Features: Athletic Court,Basketball Court,Covered Patio,Fenced,Outbuilding,Patio,Porch,RV Parking,RV/Boat Storage,Sprinkler,Workshop,Yard
  • Sewer: Septic Tank

2554 COLE RD Neighborhood

Community

97306 (Salem) Demographics

38
Median Age
969
Population Density (per sq. mile)
51%
College Educated
$71,775
Estimated Median Income
8,289
Estimated Total Home Owners
4,098
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2554 COLE RD Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2554 COLE RD Market Data

Based on the last 30 days in this zip code

$652,124
Average List Price
$279
Average Price per Square Foot
47
Properties Sold
75
Average Days on Market
282
Properties for Sale
Calculations provided by Reliance Network

2554 COLE RD History

Date Event Value Agent
2/12/2026Source: Regional MLS Added to Database
February 12, 2026