Thomas Hrabal

5501 Lipscomb St

Salem, OR
$ 2,400,000 Beds 5 Baths 6 Sq 5,943 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 2,400,000
  • City
  • Salem
  • Bedrooms
  • 5
  • Full Bathrooms
  • 5
  • County
  • MARION
  • Half Bathrooms
  • 2
  • Area
  • 173
  • Lot Size
  • 2.68 Acres
  • Zip
  • 97317
  • Sqr Footage
  • 5,943
  • Year Built
  • 2025
  • Taxes
  • $ 6840
  • Style
  • Stories2
  • MLS#
  • 334816575
Listed By: HomeSmart Realty Group -
Data Source: Regional Multiple Listing Service (RMLSOR)

Features

General

Sewer StandardSeptic
Heating ForcedAir
Cooling CentralAir
Roof Composition
Appliances ButlersPantry,Dishwasher,Disposal,DoubleOven,FreeStandingRefrigerator,GasAppliances,Island,Microwave,PotFiller
Zoning RES
Garage Spaces 3.0
Architectural Style Stories2
Year Built 2025
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2025
Warranty BuilderWarranty
Parcel Number 548813
Accessibility GarageonMain,MainFloorBedroomBath,MinimalSteps,UtilityRoomOnMain
County Marion
Property Type Residential
HOA No
Full Baths 5
Status Active
Directions Gath to lipscomb
High School Cascade
City Salem
Disclosures Disclosure
MLS Area _173
Lot Size Square Feet 116740.0
Listing Terms Cash,Conventional
Elementary School Turner
Tax Annual Amount 6840.89
Middle/Junior High School Cascade
Property Condition Resale
Virtual Tour https://pixies.et/e9yBVDAq
Standard Status Active
Accessory Dwelling Unit Y/N No
ViewDescription Mountain
Legal Description P.P. 2007-129,PARCEL 1,ACRES 2.68
SeniorCommunityYn False
ADU False

Interior Features

Interior Amenities HeatedTileFloor,HighCeilings,HomeTheater,Laundry,SoakingTub,SoundSystem
Basement Daylight,Finished
Total Fireplaces 1
Fireplace Features Gas
Hot Water Electricity
Total Bathrooms 5.2
FuelDescription Electricity
Total Bedrooms 5
Total Baths 7
1/2 Baths 2

Exterior Features

Exterior Amenities CoveredDeck,FreeStandingHotTub,RaisedBeds
Parking Features Driveway
Water Source Well
Total Parking 3.0
Garage Type Attached
Exterior Description CementSiding
Building Area Total 5943.0
Lot Size Acres 2.68
Road Surface Type Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Hillsboro, OR office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Turner Elementary School
Middle School Cascade Middle School
High School Cascade High School

Price History

6/18/2026 Listed $2,600,000
6/25/2026 4% - $2,500,000
9/16/2026 4% - $2,400,000

Property vs Zip Code Average in 97317

Price
AVG $1,000K
$2.4M
Taxes
AVG $5,576
$6,840
Year Built
AVG 1990
2025
Visits
AVG 36
28
Data Provided by Inside Real Estate®

Areas That We Cover

5501 Lipscomb St Salem, OR is a Single Family Home for sale at $2400000 with 5943 sqft and a lot size of 2.68 Acres Acre(s). 5501 Lipscomb St Salem has 5 bedrooms, 5 baths and was built in 2025. The property's zip code is 97317 which is in Salem, OR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Thomas Hrabal

Thomas Hrabal

Real Estate Broker

971-400-3829

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