# 1840 REES HILL Rd, Salem, OR 97306

> **TL;DR:** 2bd/2ba condo, $299,900 ($221/sqft), built 1989, 1,359 sqft.
> Waterfront, View, A/C. Est. $1,795/mo. Listed 46 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $299,900 |
| Price/sqft | $221 |
| Bedrooms | 2 |
| Bathrooms | 2 full |
| Square Feet | 1,359 |
| Year Built | 1989 |
| Stories | 1 |
| Property Type | Condo (Condominium) |
| Status | For Sale |
| Days on Market | 46 |

## Why This Home Stands Out

- **Waterfront** - Direct water access
- **Views** - Lake, Territorial, Park

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,300 |
| HOA | $495 |
| **Total** | **$1,795** |

## Nearby Schools

- **Elementary:** Liberty
- **Middle:** Judson
- **High:** Sprague

## Key Amenities

- Waterfront
- View
- A/C

## Property Highlights

- Built in 1989
- Waterfront

## Description

### Agent 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.

## Location

- **Address:** 1840 REES HILL Rd, Salem, OR 97306
- **County:** Marion
- **Coordinates:** 44.856323, -123.02002
- **Google Maps:** https://www.google.com/maps?q=44.856323,-123.02002

## Listing Agent

- **Name:** Peter Cutile
- **Brokerage:** Modern Realty
- **Phone:** 3602136787
- **Email:** peter@petercutile.com

## Primary Photo

![1840 REES HILL Rd - Primary Photo](http://lh.rdcpix.com/1e24aa638df243527a42ca1ee565b9dal-f4012521147r.jpg)

*41 total photos available on [listing page](https://www.propertysimple.com/listing/1840-rees-hill-rd-salem-or-97306-12156194)*

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**MLS#:** 212156194 | **Updated:** 2026-06-17
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1840-rees-hill-rd-salem-or-97306-12156194)

---

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