# 5501 Lipscomb St SE, Salem, OR 97317

> **TL;DR:** 5bd/7ba single family, $2,750,000 ($463/sqft), built 2025, 5,943 sqft.
> Fireplace, View, Basement. Est. $11,917/mo. Listed 31 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,750,000 |
| Price/sqft | $463 |
| Bedrooms | 5 |
| Bathrooms | 5 full, 2 half |
| Square Feet | 5,943 |
| Year Built | 2025 |
| Lot Size | 116,741 sqft (2.68 acres) |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 31 |

## Why This Home Stands Out

- **Views** - Territorial

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $11,917 |
| **Total** | **$11,917** |

## Nearby Schools

- **Elementary:** Turner
- **Middle:** Cascade
- **High:** Cascade

## Key Amenities

- Fireplace
- View
- Basement

## Property Highlights

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

## Description

### 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 window, 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.

## Location

- **Address:** 5501 Lipscomb St SE, Salem, OR 97317
- **County:** Marion

## Listing Agent

- **Name:** NANCY ROCHA ALLEY
- **Brokerage:** HOMESMART REALTY GROUP
- **Phone:** 5035105326
- **Email:** nralleyrealtor@gmail.com

## Primary Photo

![5501 Lipscomb St SE - Primary Photo](http://lh.rdcpix.com/e178137d09af784f6d94b3cffef9ebc1l-f3950453437r.jpg)

*50 total photos available on [listing page](https://www.propertysimple.com/listing/5501-lipscomb-st-se-salem-or-97317-r840517)*

---

**MLS#:** 840517 | **Updated:** 2026-06-17
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/5501-lipscomb-st-se-salem-or-97317-r840517)

---

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  "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. ",
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