2554 Cole Rd Salem, OR 97306
Property details
About 2554 Cole Rd
Luxurious Estate with Breathtaking Mountain Views! This spectacular 5-bedroom, 7 full and 2 half-bath estate offers unmatched elegance across 11,000+ sq. ft. Nestled in a stunning setting on 32 acres, it’s a dream home for those seeking luxury and comfort. Enter through a grand foyer with towering ceilings and tile floors, setting the stage for the impressive interior. The chef's kitchen with a spacious butler pantry is designed for culinary enthusiasts, while the 6+ car garage and large shop provide ample space for projects and storage. Enjoy hosting in the light-filled main living room, featuring a beautiful fireplace, mantle, and built-ins. The family room features wet bar and dedicated movie theater, perfect for entertaining. Choose from two formal dining rooms for memorable meals with family and friends. A secret door leads to a hidden cellar with a private bathroom, offering a unique, intimate gathering space. Outdoors, the expansive patio features a cozy fireplace and built-in BBQ, while the fenced sport court with a basketball hoop promises endless fun. Retreat to the luxurious master suite, complete with a fireplace, sitting area, luxury shower, large jacuzzi tub, and his & hers walk-in closets and restrooms. Each of the three upstairs bedrooms has an ensuite bathroom, with access to two balconies through either the third bedroom or the study. The estate also includes a workout room with mirrors and a spacious bonus playroom. With every luxury and convenience, this estate combines sophistication with practical elegance.
Highlights
Virtual tour
Summary
- Full Bathrooms: 7
- Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Down Draft, Microwave, Plumbed For Ice Maker, Range Hood, Trash Compactor, Wine Cooler
- Basement: Yes
- Flooring Type: Granite, Tile
- Interior: Granite, High Ceilings, Media Room, Jetted Tub, Laundry, Sound System, Wall to Wall Carpet, Washer/Dryer
- Fireplace: Wood Burning
- Total Bedroom Count: 6
- Garage Space: 6 spaces
- Attached Garage: Yes
- Parking: Driveway
- View: Mountain(s), Territorial
- Exterior: Athletic Court, Basketball Court, Covered Patio, Fence, Outbuilding, Patio, Porch, RV Parking, RV/Boat Storage, Sprinklers, Workshop, Yard
- Architectural Style: 2 Story
- Heating: Forced Air
- Cooling: Central Air
- List Price: $4,275,000
- Price/SqFt: $384
- Lot: Private, Gentle Sloping
- Directions: South on Liberty, Right on Bates,Right on Cole. No Sign, Gated Entry.
- Year Built: 2005
- Stories: 3
- Living Area: 11,121 SqFt
- Lot Size: 32.3 Acres
- MLS Number: 24445114
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Coldwell Banker Mountain West
- Office Email: coldwellbanker@cboregon.com
- Listing Agent: Chris Forrette
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2554 Cole Rd
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Price information
Property sales
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Nearby schools
6
Schirle Elementary School
Public District KG-5
2.8 mi
•4875 Justice Way S
7
Sumpter Elementary School
Public District KG-5
2.8 mi
•525 Rockwood St SE
5
Liberty Elementary School
Public District KG-5
3.1 mi
•4871 Liberty Rd S
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $88,347. Residents of Salem, OR typically earn between $35k-100k each year. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.
Frequently asked questions
Living in Salem, OR
Salem features a practical transport infrastructure, with a network of roads and highways that facilitate travel and commuting. Public transit options are available, providing residents with alternatives to private vehicle use. The city's walkability varies by area, with certain neighborhoods offering more pedestrian-friendly environments. Bike paths and lanes are also part of the city's commitment to sustainable transport.
The community is served by a robust educational system, including a range of public and private schools that cater to various educational needs. Healthcare services are comprehensive, with several hospitals providing emergency, primary, and specialized care. Public libraries are well-distributed, supporting the community's educational pursuits. Retail and dining options are plentiful, showcasing local flavors and contributing to Salem's unique cultural landscape.
Salem prides itself on a vibrant community spirit, underscored by events such as the annual Oregon State Fair and numerous cultural festivals that reflect the city's rich heritage. The city's character is further defined by its scenic parks and commitment to preserving its historical roots, offering residents a blend of urban amenities and quaint, small-town charm.
Salem's housing market offers a diverse array of options, with single-family homes being a significant presence, reflecting a mix of architectural styles from classic bungalows to contemporary designs. The market also includes a selection of apartments and townhouses, accommodating various preferences and lifestyles. The majority of homes were constructed in the latter half of the 20th century, with a homeownership rate that underscores a stable residential community.
About 2554 Cole Rd
The listing price of 2554 Cole Rd property is $4,275,000.
The property 2554 Cole Rd is a house located in Salem, Oregon, 97306.
Active Listing: 2554 Cole Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2554 Cole Rd are: Schirle Elementary School (GreatSchools Rating 6/10), Sumpter Elementary School (GreatSchools Rating 7/10), Liberty Elementary School (GreatSchools Rating 5/10), Crossler Middle School (GreatSchools Rating 4/10), Judson Middle School (GreatSchools Rating 5/10), Leslie Middle School (GreatSchools Rating 5/10), Sprague High School (GreatSchools Rating 9/10), South Salem High School (GreatSchools Rating 7/10), Central High School (GreatSchools Rating 6/10).
The property at 2554 Cole Rd has 6 bedrooms and 9 bathrooms.
The property 2554 Cole Rd is 11,121 SqFt (source: MLS/tax record).
The year of construction for 2554 Cole Rd is 2005.
This home is located at 2554 Cole Rd in Salem, OR and zip code 97306. This 11,121 square foot home, which was built in 2005, sits on a 32.30 acre lot. Features: 6 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since November 1, 2024 and is currently priced at $4,275,000.
Salem, OR housing market in April 2025 saw over 22 listings sold above listed price, more than 19 sold at listed price and over 25 sold below. Between March and April 2025, Salem, OR real estate market has seen increase in the number of listings by 3.4%. In April 2025, listings were on the market for 48 days. During the same period, the median list price in this real estate market was $439,976.