3372 RIVER BEND RD, Salem, OR 97304

$8,500,000
3
BD
1
BA
1,180
SqFt

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Sold Price
$8,500,000
List Price
$9,650,000
Closing Date
May 29, 2026
Days on Market
311
Status
SOLD
MLS#
528436965
Bedrooms
3
Bathrooms
1
Living Area
1,180
Lot Size
200+ Acres
Region
Polk Co: West Salem N

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 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.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.

Additional Information

Tax Amount
$2,524
Year Built
1900
High School
West Salem
Elementary School
Harritt
Middle School
Walker
Acres
458
Living Area
1,180
Stories
1
Property Type
Single Family Residence
Terms
Cash, Farm Credit Service
Master Bedroom Level
Main
Fuel Description
Other
Heating Description
Other
Exterior Description
Other
Roof Type
Composition
Sewer Description
Standard Septic
Style
1 Story
Water Description
Well
Waterfront Description
River Front
View
Mountain(s), River, Territorial
Parking
Other
Waterfront
Yes
Farm Addl Dwelling Yn
Yes
Farm Habitable Yn
Yes
Farm Personal Property Yn
Yes
Farm Type
Farm
Parking Description
Other
Road Surface
Gravel, Paved

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Listing courtesy of Keller Williams Realty Mid-Willamette. Selling Office: Keller Williams Realty Mid-Willamette.

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