5501 LIPSCOMB ST, Salem, OR 97317

$2,500,000
5
BD
5
BA
5,943
SqFt

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List Price
$2,500,000
Price Change
▼ $100,000 1782369283
Days on Market
39
Status
ACTIVE
MLS#
334816575
Bedrooms
5
Bathrooms
5
Bathrooms Partial
2
Living Area
5,943
Lot Size
1 to 2.99 Acres
Region
Marion Co: Southeast Salem

Property Description

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.

Additional Information

Tax Amount
$6,840
Year Built
2025
High School
Cascade
Elementary School
Turner
Middle School
Cascade
Fireplaces Total
1
Garage Spaces
3
Garage Type
Attached
Acres
2.68
Living Area
5,943
Stories
2
Property Type
Single Family Residence
Terms
Cash, Conventional
Accessibility Features
Garage on Main, Main Floor Bedroom w/Bath, Minimal Steps, Utility Room On Main
Master Bedroom Level
Main
Cooling Description
Central Air
Fireplace Description
Gas
Fuel Description
Electricity
Heating Description
Forced Air
Hot Water Description
Electricity
Exterior Description
Cement Siding
Roof Type
Composition
Sewer Description
Standard Septic
Style
2 Story
View
Mountain(s)
Parking
Driveway
Parking Description
Driveway
Road Surface
Paved
Exterior Features
Covered Deck, Free-Standing Hot Tub, Raised Beds
Interior Features
Heated Tile Floor, High Ceilings, Home Theater, Laundry, Soaking Tub, Sound System
Kitchen Appliances
Butler's Pantry, Dishwasher, Disposal, Double Oven, Free-Standing Refrigerator, Gas Appliances, Island, Microwave, Pot Filler

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Calculator source: Real Geeks

Listing courtesy of HomeSmart Realty Group.

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