

5501 LIPSCOMB STSalem, OR 97317
Single Family · 5 Beds · 5 Full Baths · 2 Partial Baths · 5,943 Sq. ft. | 2.68 Acres5501 LIPSCOMB ST Overview
- Time on Site:
- 11 days
- Visits:
- 2
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.
5501 LIPSCOMB ST Facts & Features
- Type Single Family
- Sq. ft. 5,943
- Price/Sq.ft. $421
- Lot 2.68 Acres
Details
General
School Information
- Elementary School: Turner
- Middle Or Junior School: Cascade
- High School: Cascade
Building Information
- Year Built: 2025
Location/Region
- Country: US
- County Or Parish: Marion
- MLS Area Major: 173 - Marion Co: Southeast Salem
Tax Information
- Tax Annual Amount: 6840.89
- Tax Year: 2025
General Information
- Disclosures: Disclosure
- Listing Terms: Cash,Conventional
- Parcel Number: 548813
- Property Condition: Resale
- Property Sub Type: Single Family Residence
- Property Type: Residential
- Zoning: RES
Interior
Parking Information
- Garage Spaces: 3.0
Beds/Baths
- Bathrooms Full: 5
- Bathrooms Partial: 2
- Bathrooms Total: 7
- Bedrooms Total: 5
Building Interior
- Building Area Total: 5943.0
General Information
- Accessibility Features: Garage on Main,Main Floor Bedroom w/Bath,Minimal Steps,Utility Room On Main
- Appliances: Butler's Pantry,Dishwasher,Disposal,Double Oven,Free-Standing Refrigerator,Gas Appliances,Island,Microwave,Pot Filler
- Basement: Daylight,Finished
- Cooling: Central Air
- Fireplace Features: Gas
- Fireplaces Total: 1
- Heating: Forced Air
- Interior Features: Heated Tile Floor,High Ceilings,Home Theater,Laundry,Soaking Tub,Sound System
- Stories: 2
Exterior
Parking Information
- Parking Features: Driveway
- Parking Total: 3.0
Lot Information
- Lot Size Acres: 2.68
- Lot Size Square Feet: 116740.0
- Road Surface Type: Paved
- Water Source: Well
Building Exterior/Construction
- Architectural Style: 2 Story
- Roof: Composition
General Information
- Exterior Features: Covered Deck,Free-Standing Hot Tub,Raised Beds
- Sewer: Standard Septic
5501 LIPSCOMB ST Neighborhood
Community
97317 (Salem) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.5501 LIPSCOMB ST Monthly Cost
5501 LIPSCOMB ST Market Data
Based on the last 30 days in this zip code
5501 LIPSCOMB ST History
| Date | Value | Agent |
|---|---|---|
| 6/24/2026Source: Regional MLS | $2,500,000 -3.8% |
|
| 6/18/2026Source: Regional MLS | June 18, 2026 |