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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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5501 Lipscomb St , Salem, OR 97317
$2,500,000
Est. Payment: $12,570.42/mo
5 Bed
6 Bath
5943 Sqft
Status: active | Days on site: 35
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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.

Highlights

Listed by Nancy Rocha Alley , 503-510-5326 HomeSmart Realty Group , 971-599-5865. Portland Regional Multiple Listing Service mls logo

Property Type

Residential

Lot/Acreage
2.68

Year Built

2025

County

Marion

Area

173 - Marion Co: Southeast Salem

Listing ID

334816575

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:6
  • Full Bathrooms:5
  • 1/2 Bathrooms:2
Appliances:Butler's Pantry, Dishwasher, Disposal, Double Oven, Free-Standing Refrigerator, Gas Appliances, Island, Microwave, Pot Filler
Air Cond:Central Air
Fireplaces:Gas
Basement:Daylight,Finished
Other:Heated Tile Floor,High Ceilings,Home Theater,Laundry,Soaking Tub,Sound System,Master on Main
Other:Well

Exterior Features

Garage Capacity:3
Zoning:RES
Roof:Composition
Others:Covered Deck,Free-Standing Hot Tub,Raised Beds,Resale
Sewer:Standard Septic
Parking Features:Attached,Driveway
Principal Interest
$12,570
Taxes
$570

Home Price

$2,500,000

Loan Details

30 yrs
6.446%

Down Payment

20%
$500,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$12,570.42

Principal

Taxes

Principal Taxes HOA Total
Monthly $12,570.42 $570.07 $0.00 $13,140.49
Yearly $150,845.02 $6,840.89 $0.00 $157,685.91
Total $4,525,350.48 $205,226.70 $0.00 $4,730,577.18

Today's Rates

30 Year

6.45%

20 Year

6.23%

15 Year

5.73%

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Market insight data is pulled from the same city as the listing being viewed (Salem, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

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Data last updated: 2026-07-24T01:19:15.000Z

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