About This Home

This 2-bedroom, 2-bathroom condo at 1840 REES HILL Rd #21 in Salem, OR is listed for $224,900 ($165 per sqft). Built in 1989, the home offers 1,359 sqft of living space on a N/A lot.

Key Features

  • Built in 1989
  • Waterfront

Property Details

1 story
2 full
1-car garage
#21
1989

Amenities

WaterfrontViewA/C
Listing Description

Step into effortless South Salem living - well-kept, move-in-ready, and perfectly positioned in the sought-after Cinnamon Lakes community, where the natural setting is unlike anything else in this price range. Welcome home to 1840 Rees Hill Road SE #21, a single-level condo that offers immediate livability, a spectacular outdoor backdrop, and long-term flexibility to make it your own.

The interiors are clean and comfortable - well maintained carpet, newer paint, and updated bathroom flooring give the home a fresh, welcoming feel throughout. Step out onto the covered deck and the setting takes over completely. Three lakes stretch out behind the property, wildlife moves through daily, and the kind of natural quiet that most buyers have to pay significantly more to find unfolds right outside your door.

This is a premium upstairs unit with one of the most coveted views in the community. The HOA at $495 per month covers exterior maintenance, landscaping, garbage, and insurance - a genuinely comprehensive package that keeps daily living low-maintenance and long-term costs predictable.

For buyers seeking single-level living in a scenic, established South Salem community with a view that overdelivers - this is the opportunity. Entire complex scheduled for extensive renovation to include: new trex decking, roof, siding, paint, and windows. Come experience it for yourself.

Monthly Cost Estimate

$1,738/mo

20% down · 6.5% · 30 years

Principal$163
Interest$975
Insurance$66
HOA$535

Estimates only. Actual payments may vary.

Location

1840 REES HILL Rd #21

Salem, OR 97306

Features & Amenities

Interior Features

EngineeredHardwoodHighSpeedInternetLaundryVaultedCeilingWalltoWallCarpetWasherDryer

Exterior Features

CoveredPatioPatio

Property Details

Views

ParkLakeTerritorial

Outdoor Features

Patio

Heating

Forced Air

Cooling

Central Air

Appliances

CooktopDishwasherDisposalFreeStandingGasRangeFreeStandingRefrigeratorGasAppliancesMicrowaveStainlessSteelAppliance

Questions & Answers

This 2-bedroom, 2-bathroom condo at 1840 REES HILL Rd is listed at $224,900 ($165/sqft). The estimated monthly payment is $1,738 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $535/month.

Key features include: Built in 1989, Waterfront. Interior Features: EngineeredHardwood, HighSpeedInternet, Laundry. Exterior Features: CoveredPatio, Patio.

This property is listed by Peter Cutile and can be reached at 3602136787.

PC

Peter Cutile

Agent at Modern Realty

(360) 213-6787
Agent website

Listed by Modern Realty · Broker phone: (971) 340-6636 · View on Broker Site · Broker website

MLS# 212156194· Source: Regional Multiple Listing Services· 170 days on PropertySimple

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1840 REES HILL Rd #21, Salem, OR 97306

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