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About This Home

This 5-bedroom, 7-bathroom single family at 5501 Lipscomb St SE in Salem, OR is listed for $2,750,000 ($463 per sqft). Built in 2025, the home offers 5,943 sqft of living space on a 2.68 acres lot.

Agent Description

Tour of Homes luxury estate on acreage with stunning valley views! This exceptional residence showcases exposed beams, curved entryways, and high-end finishes throughout. A single-level layout with a full basement offers excellent dual living potential.

Enjoy 5 spacious bedrooms—each an en suite with walk-in closets—along with 2 half baths. The chef’s kitchen is designed to impress, featuring a 60” gas range, oversized island, and a fully equipped butler’s pantry with an additional dishwasher. The lower level is ideal for entertaining with a wet bar complete with mini fridge, ice maker, and dishwasher.

Elevated finishes include custom cabinetry, engineered hardwood (waterproof and wear-resistant) and tile flooring throughout—including limestone—natural stone countertops, custom iron railings, and thoughtfully curated lighting and plumbing fixtures. Venetian plaster accents enhance the master shower, range hood, and fireplace, while radiant heated tile floors bring comfort to the upstairs suites.

Smart and functional upgrades include Lutron smart home lighting, integrated indoor/outdoor sound, a constant pressure water system with filtration, and a washer/dryer conveniently located in the primary closet.Outdoor living is equally impressive, featuring a covered deck, full outdoor kitchen with a 44” gas range, refrigerator, and pass-through w

indow, gas heaters in the dining area, and an outdoor gas fire table—perfect for year-round enjoyment. The property also offers a hot tub, irrigated landscaping with lighting and raised garden beds, hot/cold outdoor water spigots, and built-in dog kennels with a dedicated dog wash. Additional highlights include a paved asphalt driveway leading to a 1,500 sq ft 3-car garage (mini-split ready and pre-wired), plus an additional 1,200 sq ft of flexible space—ideal for storage, a home office, gym, or more.

Key Features

  • Built in 2025
  • 2.68 acre lot
  • 3 parking spaces
  • Fireplace

Property Details

5 full, 2 half
3 spaces
2025

Amenities

FireplaceViewBasement

Monthly Cost Estimate

$14,708/mo

20% down · 6.5% · 30 years

Principal$1,989
Interest$11,917
Insurance$802

Estimates only. Actual payments may vary.

Location

5501 Lipscomb St SE

Salem, OR 97317

Features & Amenities

Interior Features

Gas Fireplace(s)Handicap Amenities

Exterior Features

Partially Fenced Yard

Property Details

Flooring

TileWood

Views

Territorial

Parking

GarageGarage - Attached

Heating

CentralFireplace(s)Natural GasRadiantRadiant Floor

Cooling

Central AirOther (Cooling)

Appliances

DishwasherGarbage DisposerRangeRange - GasWasher

Questions & Answers

This 5-bedroom, 7-bathroom single family at 5501 Lipscomb St SE is listed at $2,750,000 ($463/sqft). The estimated monthly payment is $11,917 based on 20% down at 6.5% interest.

Key features include: Built in 2025, 2.68 acre lot, 3 parking spaces, Fireplace. Interior Features: Gas Fireplace(s), Handicap Amenities. Exterior Features: Partially Fenced Yard.

This property is listed by NANCY ROCHA ALLEY and can be reached at 5035105326 or nralleyrealtor@gmail.com.

NA

NANCY ROCHA ALLEY

Agent at HOMESMART REALTY GROUP

(503) 510-5326

Listed by HOMESMART REALTY GROUP · View on Broker Site

MLS# 840517· Source: listhub· Updated 31 days ago

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

5501 Lipscomb St SE, Salem, OR 97317

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