5501 Lipscomb St, Salem, OR 97317
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
Listed by: nancy rocha alley
Office: homesmart realty group971-599-5865
MLS#:334816575
Source:PORTLAND
Price summary
- Price:$2,500,000
- Price per sq. ft.:$420.66
About this home
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....
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Home facts
- Year built:2025
- Listing ID #:334816575
- Added:55 day(s) ago
- Updated:August 13, 2026 at 11:47 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:7
- Full bathrooms:5
- Half bathrooms:2
- Bathrooms Description:Soaking Tub
- Kitchen Description:Butlers Pantry, Dishwasher, Disposal, Double Oven, Free Standing Refrigerator, Gas Appliances, Island, Microwave, Pot Filler
- Basement Description:Daylight, Finished
- Living area:5,943 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:2025
- Building area:5,943 sq. ft.
- Lot area:2.68 Acres
- Architectural Style:2 Story
- Exterior Features:Covered Deck, Free Standing Hot Tub, Raised Beds
- Levels:2 Stories
Schools
- High school:Cascade
- Middle school:Cascade
- Elementary school:Turner
Utilities
- Water:Well
- Sewer:Standard Septic
Finances and disclosures
- Price:$2,500,000
- Price per sq. ft.:$420.66
- Tax amount:$6,841 (2025)
Features and amenities
- Amenities:High Ceilings, Home Theater, Laundry, Sound System
- Smart home:Yes
Parking
- Total parking spaces:3
- Parking description:Driveway
- Garage spaces:3
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