Homes for sale - 3372 River Bend Rd NW NW, Salem, OR 97304

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Listed by PAUL TERJESON • KELLER WILLIAMS REALTY -ALBANY • Cell: 541-740-7752

$ 9,650,000

Est. payment | -/mo

3 Beds

1 Bath

1,180 SqFt

Save Virtual Tour

$ 9,650,000

Est. payment | -/mo

Save Virtual Tour

3 Beds

1 Bath

1,180 SqFt

Key Details

Property Type Single Family Home

Sub Type Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,180 sqft

Price per Sqft $8,177

MLS Listing ID 831757

Bedrooms 3

Full Baths 1

Year Built 1900

Annual Tax Amount $8,530

Tax Year 2024

Lot Size 445.000 Acres

Acres 445.0

Property Sub-Type Residence

Property Description

This 445-acre Willamette Riverfront Farm offers 381 tillable acres with top-tier soils and double-covered water rights, making it ideal for blueberries, hazelnuts, row crops, or any appropriate high-value agriculture. Strategically located in the path of progress, a significant portion of this farm presents a generational opportunity for absorption into the City of Salem Urban Growth Boundary. This is a rare opportunity to purchase a productive farm with the possibility to expand future generational wealth. This unique farm comes in two separate blocks that have distinctly different opportunities. Both have top tier soils and excellent water rights.The Southern Block: Row Crop and Caneberries This block has excellent river bottom soils and water rights ideal for expanding into blueberries and hazelnuts. The soil in this section is predominantly Chehalis silty clay loam and Cloquato silt loam and is covered by Bureau water rights and Ground Water Rights. The mainlines are tied together providing great irrigation options for any farming activities. Drain tile has been installed in the appropriate places to ensure uniform production. The southern block includes 122 acres planted with high-quality, award-winning caneberries and marion berries. The farm is renowned for its caneberry production and quality. It is well maintained and operates as a turnkey caneberry production business with an experienced, long-term crew. This blocks strategic location near an existing quarry, plus high demand for aggregates make this an attractive prospect for future royalty income and/or direct quarry development.The Northern Block: Expansion and Future Development The soil in this block is dominated by Woodburn and Amity silt loam which is ideal for almost any high value crop grown in the Willamette Valley. This part of the property is covered with Bureau and Ground Water Rights, providing great long term water security for any future plantings. Additionally, this northern block has been extensively drain tiled. The vast majority of this block is outside the floodplain and is in the path of progress. The City of Salem has indicated desire to extend services and grow north of the current urban growth boundary. This presents a rare opportunity to the new owner interested in a long hold and willing to wait to unlock the future development potential this incredible property has to offer.

Location

State OR

County Polk

Area 60 Northwest Salem

Interior

Inclusions See assoc docs

Exterior

Parking Features None

Garage No

Building

New Construction No

Schools

Middle Schools Walker

High Schools West Salem

Others

Acceptable Financing Cash, Conventional, Federal Land Bank

Listing Terms Cash, Conventional, Federal Land Bank

Virtual Tour https://drive.google.com/file/d/1t_mttqVWgCJQHgSELbjbLwuZsB-2QEbM/view?usp=drive_link

GET MORE INFORMATION

Crystal Hu

Real Estate License Broker In Oregon | Lic# 201222177

crystal.qhu@gmail.com

+1(971) 388-0511

222 Commercial St NE, Salem, OR, 97301

3372 River Bend Rd NW NW Salem, OR 97304