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2554 Cole Rd, Salem, OR, 97306

$4,275,000

6 Bedrooms
7 Full Baths
11,121 SqFt
$384/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Attached Garage6 spaces
Year Built2005
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceWood Burning
ViewMountain(s), Territorial
MLS #24445114
Lot Size32.30 Acres
StatusActive

About 2554 Cole Rd

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.

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story
  • Year Built: 2005
  • Stories: 3
  • Living Area: 11,121 SqFt

Listing Office:

  • Office Name: Coldwell Banker Mountain West
  • Office Email: coldwellbanker@cboregon.com
  • Listing Agent: Chris Forrette

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Down Draft, Microwave, Plumbed For Ice Maker, Range Hood, Trash Compactor, Wine Cooler
  • Basement: Yes
  • Flooring Type: Granite, Tile
  • Interior: Granite, High Ceilings, Media Room, Jetted Tub, Laundry, Sound System, Wall to Wall Carpet, Washer/Dryer
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 7
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • View: Mountain(s), Territorial
  • Exterior: Athletic Court, Basketball Court, Covered Patio, Fence, Outbuilding, Patio, Porch, RV Parking, RV/Boat Storage, Sprinklers, Workshop, Yard

Parking Information:

  • Garage Space: 6 spaces
  • Attached Garage: Yes
  • Parking: Driveway

Virtual/3D Tour

  • Virtual Tour: 2554 Cole Rd
Virtual Tour

Lot Features

Lot Information:

  • Lot: Private, Gentle Sloping
  • Lot Size: 32.30 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: South on Liberty, Right on Bates,Right on Cole. No Sign, Gated Entry.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,275,000
  • Price Per SqFt: $384/SqFt
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Housing Market Comparison

See how this home compares to others in Salem, OR.

Med. Sold Price

$435K

Med. Price/SqFt

$260

Avg. Days On Market

50

# of Sold Homes

67

2554 Cole Rd vs Salem

31 DAYS ON ROCKET

-19 Days

$4,275,000

+$3.8M More

$384/SqFt

+$123 More

KEY TAKEAWAY

This property is $3.8M more than the Median Sold Price and $123/SqFt more than other homes in Salem, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24445114

Listing Office:

  • Office Name: Coldwell Banker Mountain West
  • Office Email: coldwellbanker@cboregon.com
  • Listing Agent: Chris Forrette

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site 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. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/3/2024, 11:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$21.4K

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12.8K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3472719
6
/10
  • Schirle Elementary School

  • 4875 Justice Way S

  • 2.85 miles

  • Public District Grades KG-5

school-card-donut-3472720
7
/10
  • Sumpter Elementary School

  • 525 Rockwood St SE

  • 2.85 miles

  • Public District Grades KG-5

school-card-donut-3472721
5
/10
  • Liberty Elementary School

  • 4871 Liberty Rd S

  • 3.10 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $88,347. Typical income of Salem, OR residents is between $35k-100k annually. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Salem, OR

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Salem, OR?

Salem's housing market offers a diverse array of options, with single-family homes being a significant presence, reflecting a mix of architectural styles from classic bungalows to contemporary designs. The market also includes a selection of apartments and townhouses, accommodating various preferences and lifestyles. The majority of homes were constructed in the latter half of the 20th century, with a homeownership rate that underscores a stable residential community.

Is Salem, OR a good place to live?

Salem prides itself on a vibrant community spirit, underscored by events such as the annual Oregon State Fair and numerous cultural festivals that reflect the city's rich heritage. The city's character is further defined by its scenic parks and commitment to preserving its historical roots, offering residents a blend of urban amenities and quaint, small-town charm.

Are things conveniently located in Salem, OR?

The community is served by a robust educational system, including a range of public and private schools that cater to various educational needs. Healthcare services are comprehensive, with several hospitals providing emergency, primary, and specialized care. Public libraries are well-distributed, supporting the community's educational pursuits. Retail and dining options are plentiful, showcasing local flavors and contributing to Salem's unique cultural landscape.

What does the transportation in Salem, OR look like?

Salem features a practical transport infrastructure, with a network of roads and highways that facilitate travel and commuting. Public transit options are available, providing residents with alternatives to private vehicle use. The city's walkability varies by area, with certain neighborhoods offering more pedestrian-friendly environments. Bike paths and lanes are also part of the city's commitment to sustainable transport.

Frequently Asked Questions About 2554 Cole Rd

What is the listing price of this property?

The listing price of 2554 Cole Rd property is $4,275,000.

What type of property is this?

The property 2554 Cole Rd is a house located in Salem, Oregon, 97306.

Is this property for sale now?

Active Listing: 2554 Cole Rd is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 2554 Cole Rd has 6 bedrooms and 9 bathrooms.

What is the square footage of this property?

The property 2554 Cole Rd is 11,121 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2554 Cole Rd is 2005.
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Rocket HomesOregonMarion CountySalem973062554 Cole Rd

This home is located at 2554 Cole Rd in Salem, OR and zip code 97306. This 11,121 square foot home, which was built in 2005, sits on a 32.30 acre lot. Features: 6 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $4,275,000.

Salem, OR housing market in November 2024 saw over 20 listings sold above listed price, more than 24 sold at listed price and over 23 sold below. The number of homes for sale in Salem, OR decreased by 11% between October 2024 and November 2024. In November 2024, listings were on the market for 50 days. During the same period, the median list price in this real estate market was $435,000.

From Rocket Homes Real Estate and based on county public records data.

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