Damonian Pike

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Listing provided courtesy of Latitude Regenerative Real Estate- MLS# 447911439MLS Provider

5545 SKYLINE RDSalem, OR 97301

Vacant Land · 7.25 Acres
$1,250,000 Pending

5545 SKYLINE RD Overview

Time on Site:
273 days
Visits:
9

This beautiful 7.25-acre lot is level and gently sloped. The properties eastern edge is the boundary between Marion County and Salem. The site is an ideal candidate for annexation into the city which will transition UT-5 zoning to Residential and unlock huge development potential. The property has mature trees and large acreage neighbors to the north and west. This is an excellent location for a development connected to nature with great proximity to the city core. Property to the east was annexed and developed around 2020 with 19 homes built on less than 3 acres. Utilities and roads are at the property line in multiple locations waiting to be extended. The existing home is a habitable 1916 farmhouse with an attached apartment. Huge shop with 3 phase power, horse barn, and RV parking are also present.

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5545 SKYLINE RD Facts & Features

  • Type Vacant Land
  • Lot 7.25 Acres

Details

General

School Information

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

Business Information

  • Current Use: Residential

Location/Region

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

Tax Information

  • Tax Annual Amount: 4340.73

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Owner Will Carry
  • Parcel Number: 532453
  • Property Sub Type: Residential/Recreational
  • Property Type: Land
  • Zoning: UT-5

Interior

Exterior

Lot Information

  • Lot Size Acres: 7.25
  • Lot Size Square Feet: 315810.0
  • Road Surface Type: Paved

Waterfront/View

  • Water Body Name: Seasonal Spring Fed
  • Waterfront Features: Seasonal

General Information

  • Other Structures: Barn(s),Garage(s),Residence,RV/Boat Storage,Workshop
  • Utilities: ElectricityConnected,NaturalGasConnected,StandardSeptic,WaterConnected

5545 SKYLINE RD Neighborhood

Community

97301 (Salem) Demographics

33
Median Age
4,886
Population Density (per sq. mile)
25%
College Educated
$45,959
Estimated Median Income
8,297
Estimated Total Home Owners
11,013
Estimated Total Renters
43% / 57%
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.

5545 SKYLINE RD Market Data

Based on the last 30 days in this zip code

$419,594
Average List Price
$257
Average Price per Square Foot
61
Properties Sold
70
Average Days on Market
250
Properties for Sale
Calculations provided by Reliance Network

5545 SKYLINE RD History

Date Event Value Agent
4/14/2026Source: Regional MLS Status Change
Pending
12/23/2025Source: Regional MLS Status Change
Active
10/2/2025Source: Regional MLS Status Change
Pending
9/29/2025Source: Regional MLS Added to Database
September 29, 2025