5198 Skyline RD S

Salem, 97306

  • 3 Bed

  • 2 Bath

  • 1990 SqFt

  • 172 DOM

  • Built: 1950

  • Status: Active

$499,900

Price cut: $30K (09-15-2025)

X

5198 Skyline RD S

Salem 97306

$499900

Price cut: $30K (09-15-2025)

  • 3 Bed

  • 2 Bath

  • 1990 SqFt

  • 172 DOM

  • Built: 1950

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

Set on nearly an acre in South Salem. This inviting single level home offers 3 bedrooms, 2 bathrooms, and nearly 2000 sqft of living space. City water and septic system. A second well for irrigation, perfect for maintaining the lush, mature landscaping. Towering fir, sequoia, and pine trees provide shade and privacy, while numerous fruit trees, raised garden beds, and established greenery create a serene, park like setting.The location is ideal for everyday living, with top rated schools, major medical offices, and public transit nearby, plus quick access to I5 and downtown Salem. Beyond the lifestyle appeal, this property offers exceptional long term value. Zoned MultiFamily Residential, it supports a range of development possibilities from duplexes, triplexes, and fourplexes to larger multi unit complexes, with potential density of up to 31 units per acre. Utilities are readily available with power and city water onsite, and sewer and stormwater nearby. Whether you choose to add income producing units, subdivide, or hold for future appreciation, this is a rare find combining comfort today with opportunity tomorrow.Please do not enter the property without an appointment.

Download our Mobile app

Similar Properties

Download our Mobile app

$1,450,000

  • 3 Bed

  • 3.5 Bath

  • 4640 SqFt

  • 1 DOM

  • 2721 CONCOMLY RD S, Salem, 97306
Open Sun, Oct 12th, 1PM to 3PM

$575,000

  • 4 Bed

  • 2.5 Bath

  • 2071 SqFt

  • 2 DOM

  • 2350 Maplewood DR S, Salem, 97306

$595,000

  • 3 Bed

  • 1 Bath

  • 1228 SqFt

  • 7 DOM

  • 150 REES HILL RD SE, Salem, 97306

$998,000

  • 2 Bed

  • 3.5 Bath

  • 3898 SqFt

  • 8 DOM

  • 555 MISTY HILL LN, Salem, 97306