Listing provided courtesy of HOMESMART REALTY GROUP- MLS# 837184MLS ProviderContact Information: Cell: 503-409-3542

2554 Cole Rd SSalem, OR 97306

Single Family · 5 Beds · 7 Full Baths · 2 Half Baths · 8,847 Sq. ft. | 32.30 Acres
$4,200,000 ACTIVE

2554 Cole Rd S Overview

Time on Site:
149 days
Visits:
4

Set on 32 pristine acres, this remarkable estate delivers over 11,000 square feet of luxury living, combining grand scale with thoughtful design. The residence features 5 bedrooms, 7 full bathrooms, and 2 half bathrooms, crafted for those who value privacy, comfort, and exceptional entertaining. A dramatic entry welcomes you into a soaring foyer with elegant tile flooring, immediately showcasing the home's architectural presence. The chef's kitchen is both functional and refined, complete with a generous butler's pantry and ideal flow for hosting. A 6+ car garage and expansive shop offer abundant room for projects, storage, and recreation. The main living spaces are filled with natural light and designed for gathering. The living room features a striking fireplace, custom mantle, and built-ins, while the family room impresses with a wet bar and private movie theater. Two formal dining rooms provide flexible spaces for everything from intimate dinners to large celebrations.A hidden cellar tucked behind a secret door—with its own private bathroom—creates a unique and memorable entertaining space. Step outside to an expansive patio featuring a fireplace and built-in BBQ, perfect for year-round enjoyment. The fenced sport court with basketball hoop adds another layer of fun and versatility.The primary suite is a private retreat, offering a fireplace, sitting area, spa-style shower, oversized jacuzzi tub, dual walk-in closets, and separate restrooms. Upstairs, three additional bedrooms each feature ensuite bathrooms, with access to two balconies from either the third bedroom or the study. Completing the home are a dedicated workout room with mirrored walls and a large bonus playroom. Every detail of this estate has been thoughtfully designed to balance refined luxury with everyday functionality, creating a truly exceptional place to call home.

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2554 Cole Rd S 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

  • County Or Parish: Marion
  • MLS Area Major: 50 SOUTH SALEM

Tax Information

  • Tax Annual Amount: 21053

General Information

  • Property Sub Type: Residence
  • Property Type: Residential
  • Senior Community: No
  • Zoning: SA

Interior

Parking Information

  • Garage Spaces: 4+

Beds/Baths

  • Bathrooms Full: 7
  • Bathrooms Half: 2
  • Bathrooms Total: 9
  • Bedrooms Total: 5

General Information

  • Accessibility Features: No
  • Basement: Finished
  • Fireplace Features: Family Room,Living Room,Other Room,Wood
  • Flooring: Carpet,Tile,Wood
  • Foundation Details: Continuous
  • Living Area: 8847
  • Stories Total: 2 Story

Exterior

Lot Information

  • Lot Size Acres: 32.3
  • Lot Size Square Feet: 1406988
  • Water Source: Well

Waterfront/View

  • View: Mountain,Territorial

Building Exterior/Construction

  • Construction Materials: Brick,Rock
  • Patio And Porch Features: Patio
  • Roof: Tile

General Information

  • Fencing: Partial
  • Other Structures: Separate Shop

2554 Cole Rd S 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.
* 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 S Market Data

Based on the last 30 days in this zip code

$652,657
Average List Price
$280
Average Price per Square Foot
44
Properties Sold
74
Average Days on Market
280
Properties for Sale
Calculations provided by Reliance Network

2554 Cole Rd S History

Date Event Value Agent
1/30/2026Source: Willamette Valley MLS Added to Database
January 30, 2026
11/30/2023Source: Willamette Valley MLS - Sold Data Added to Database
November 30, 2023