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3372 River Bend Rd Nw, Salem, OR 97304

$9,650,000
  • 3372 River Bend Rd Nw, Salem, OR 97304 Main Photo
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Contingent

Listing Courtesy of: KELLER WILLIAMS REALTY -ALBANY
Agency Contact: Cell: 541-740-7752
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BEDS3 BATHS1 full SQUARE FEET1,180 MLS#831757
STATUS PROPERTY TYPEResidential - Single Family

Property Description

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.

Property Features

Property Type: Residential - Single Family
Lot Size: 445.00 Acres
Taxes: $8,530
Year Built: 1900

Feature Descriptions

Bathroom(s) (Level): 1.00 (Main)
Days on Site: 312
Inclusions: See assoc docs
Lot Dimensions: 445 Acre(s)
Lot Type: Irregular
Outbuilding(s): Yes
Outbuilding(s): Other (Refer to Remarks), Separate Shop, Shed
Price Per Square Foot: 8177.97
Water: Well

Local Schools

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

Listed By / Shown By

Listed By

Agency Name: KELLER WILLIAMS REALTY -ALBANY
Agency Contact: Cell: 541-740-7752

Shown By

Agency Title: Coldwell Banker Valley Brokers
Albany: 541.928.6317
Corvallis: 541.757.0222

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Estimate Your Payment

Estimated Payment

$ 25,002.13 per month $21,476.72 Principal & Interest $710.83 Property Tax $2,814.58 Homeowner's Insurance

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