3372 River Bend Rd NW, Salem, OR 97304
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
Listed by: paul terjeson, steve helmsCell: 541-740-7752
Office: keller williams realty -albany
MLS#:831757
Source:OR_WVMLS
Price summary
- Price:$9,650,000
- Price per sq. ft.:$8,177.97
About this home
Accepted Offer with Contingencies. 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.
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Home facts
- Year built:1900
- Listing ID #:831757
- Added:153 day(s) ago
- Updated:December 24, 2025 at 08:33 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Living area:1,180 sq. ft.
Structure and exterior
- Year built:1900
- Building area:1,180 sq. ft.
- Lot area:445 Acres
Schools
- High school:West Salem
- Middle school:Walker
- Elementary school:Harritt
Utilities
- Water:Well
- Sewer:Septic
Finances and disclosures
- Price:$9,650,000
- Price per sq. ft.:$8,177.97
- Tax amount:$8,530 (2024)
Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.New listings near 3372 River Bend Rd NW
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