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1990 Wallace RD NW, Salem, OR 97304

Polk County

Key Facts

12.36Lot (acres)

Description

Developent opportunity. Sale includes Polk county tax IDs 314820, 314846, 354776. Marine drive will split parels 314820 and 314864. West sides of parcels offer portential for multiple development uses- east sides are outside the urban growth boundary and partially in the flood plane. Parcel 354776 is paved access off Wallace Rd. Two existing wells and Existing barn on property.

Property Information

Property Type

Land

Sub-Type

Mixed Use

Lot Size

12.36 acres

Zoning

SR/EFU

Days on Market

865

MLS® Listing#

23414635

Property Features

Cooling

None

Heating

None

Lot Features

Waterfront

Other Structures

Barn(s)

Utilities

Electricity AvailablePhone Available

Water Source

Well

Schools

Elementary:
Harritt
Middle:
Walker
High:
West Salem

Financial Details

HOA

None

Annual Taxes

$147

Tax year 2022

Parcel Number

314820,314846

Directions

Lynda Ln

Affordability Calculator

$1,000,000

Estimated monthly payment

$26,612/mo

Principal $4,000,000 · Est. interest $5,580,356 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Salem, OR

$482,540
Median Listing Price
166
Median Days on Market
1,811
Median Sq Ft
$267
Median Price / Sq Ft
322
Active Listings
  • This home’s price is 936% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Salem, OR.

Location

Map showing the location of 1990 Wallace RD NW, Salem, OR 97304

Points of Interest in Salem, OR

Showing the Salem area map.

Nearby Schools

  • Harritt Elementary School

    Elementary · 0.6 mi away

  • Wallace Learning Tree

    School · 1.0 mi away

  • Riviera Christian School

    Elementary · 1.0 mi away

  • Walker Middle School

    Secondary · 1.1 mi away

  • Kalapuya Elementary School

    Elementary · 1.2 mi away

  • Highland Elementary School

    Elementary · 1.2 mi away

  • Straub Middle School

    Secondary · 1.2 mi away

  • Champions at Chapman Hill Elementary

    Elementary · 1.3 mi away

  • Chapman Hill Elementary School

    Elementary · 1.3 mi away

  • Capital Christian School

    School · 1.4 mi away

  • Brush College Elementary School

    Primary School · 1.4 mi away

  • Eagle Charter School

    Secondary · 1.5 mi away

  • Oregon School for the Deaf

    School · 1.5 mi away

  • Downtown Learning Center

    School · 1.5 mi away

  • Grant Community School

    Elementary · 1.5 mi away

  • St Vincent de Paul School

    Secondary · 1.5 mi away

  • Chapman Hill Elementary

    Elementary · 1.6 mi away

  • West Salem Senior High School

    Secondary · 1.6 mi away

  • Myers Elementary School

    Elementary · 1.7 mi away

  • St Joseph School

    Secondary · 1.8 mi away

Commute Calculator

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
2965 RYAN DR, Salem, OR$3,500,00014,235
2554 COLE RD, Salem, OR$4,200,000698,847

Moving Cost Estimate

EXIT Agents in Salem

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Listing Courtesy: Real Broker - christinefolzre@gmail.com

Presented by: Christine Folz

The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than EXIT Realty are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data last updated as of date above. Some properties which appear for sale on this website may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some of these listings contain enhanced listing information including city, state, zip, and county from sources such as MSA data and USPS. Listing content is Copyright ©2026 RMLS of Portland, Oregon. All Rights Reserved.

Last Updated: 2023-11-09

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by PortlandOR. MLS® Listing#23414635. © 2026EXIT Realty®. All rights reserved.