$9,650,000
PENDING

3372 River Bend Rd NW Salem, OR 97304

West Salem Neighborhood

Estimated payment $51,572/month

Total Views 17,638
445 Acres
$21,685 Price per Acre
19,384,200 Sq Ft Lot

Highlights

  • Greenhouse
  • Panoramic View
  • Wooded Lot
  • Home fronts a pond
  • 445 Acre Lot
  • No HOA

About This Lot

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 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 rare opportunity 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.

Listing Agent

Paul Terjeson

Keller Williams Realty Mid-Willamette License #960900133 Listed on: 07/22/2025

Keller Williams Realty Mid-Willamette

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,530

Lot Details

  • 445 Acre Lot
  • Home fronts a pond
  • River Front
  • Perimeter Fence
  • Landscaped
  • Sloped Lot
  • Wooded Lot
  • Additional Parcels
  • Property is zoned EFU, EFU

Property Views

  • River
  • Panoramic
  • Mountain
  • Territorial
  • Valley

Schools

  • Harritt Elementary School
  • Walker Middle School
  • West Salem High School

Utilities

  • Irrigation Water Rights
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 381840

Community Details

Overview

  • No Home Owners Association

Recreation

  • Greenhouse
  • Separate Outdoor Workshop
  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$8,530

Lot Details

0

Listing Details

  • Garage Yn: No
  • Lot Size Acres: 445.0
  • Prop. Type: Land
  • Property Sub Type: Agriculture
  • Road Frontage Type: Shared Access
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: N/A
  • Co List Office Phone: 541-738-7770
  • MLS Status: Pending
  • General Property Information Elementary School: Harritt Elem
  • General Property Information Middle Or Junior School: Walker Middle
  • General Property Information High School: West Salem High
  • General Property Information:Zoning2: EFU
  • General Property Information Senior Community YN: No
  • General Property Information Audio Surveillance on Premises YN: Yes
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Other Structures:Shed(s): Yes
  • Other Structures:Workshop: Yes
  • Road Surface Type Gravel2: Yes
  • Water Source:Well: Yes
  • Utilities:Electricity Connected: Yes
  • View:Mountain(s): Yes
  • View:Valley: Yes
  • View:River: Yes
  • Other Structures Greenhouse: Yes
  • Special Features: None

Interior Features

  • Fencing Perimeter: Yes

Exterior Features

  • Lot Features: Landscaped, Sloped, Wooded
  • Other Structures: Greenhouse, Shed(s), Workshop
  • View: Mountain(s), Panoramic, River, Territorial, Valley
  • Waterfront Features: River Front, Pond
  • Fencing: Perimeter
  • Waterfront: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Sloped: Yes
  • View:Panoramic: Yes
  • Waterfront Features:River Front: Yes
  • Lot Features:Wooded: Yes
  • Waterfront Features:Pond3: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Harritt Elem
  • High School: West Salem High
  • Middle Or Junior School: Walker Middle

Lot Info

  • Additional Parcels Description: 381840, 393162, 266628, 439055, 266631, 266826, 266813, 484352,266590,267386 , 239710,547567,484365
  • Additional Parcels: Yes
  • Lot Size Sq Ft: 19384200.0
  • Parcel #: 381840
  • Irrigation Water Rights: Yes
  • Current Use: Agricultural, Nursery, Other
  • ResoLotSizeUnits: Acres
  • Zoning Description: EFU

Tax Info

  • Tax Annual Amount: 8530.0
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,525 $228,890 $111,170 $117,720
2024 $2,525 $222,589 $108,289 $114,300
2023 $2,470 $216,471 $105,491 $110,980
2022 $2,387 $210,523 $102,773 $107,750
2021 $2,314 $204,758 $100,138 $104,620
2020 $2,254 $199,159 $97,579 $101,580
2019 $2,173 $193,725 $95,095 $98,630
2018 $2,138 $188,435 $92,675 $95,760
2017 $1,854 $183,296 $90,326 $92,970
2016 $1,838 $177,495 $87,235 $90,260
2015 $1,908 $173,065 $85,435 $87,630
2014 $1,787 $168,623 $83,533 $85,090
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2025 11/13/25 Pending -- -- --
07/22/2025 07/22/25 For Sale $9,650,000 -- --
Source: Oregon Datashare

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- None Listed On Document
Bargain Sale Deed -- None Listed On Document
Source: Public Records

Source: Oregon Datashare

MLS Number: 220206279

Oregon Datashare

APN: 267386

Oregon Polk County Salem 97304 West Salem

3372 River Bend Rd NW, Salem, OR

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Paul Terjeson
Listing Agent
Paul Terjeson
Section Image
Keller Williams Realty Mid-Willamette
(503) 451-6008