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2554 Cole Rd, Salem, OR 97306

$4,200,000
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Property Description

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.

2554 Cole Rd | MLS# 375684123

This single family home located at 2554 Cole Rd, Salem, OR 97306 is currently listed for sale with an asking price of $4,200,000. This property was built in 2005 and has 6 bedrooms and 7 full and 2 partial baths with 8847 sq. ft. Search Salem real estate on www.williamraven.realtor today.

Property Features

Property Type: Residential - Single Family
Basement: Crawl Space
Fenced: Yes
Fireplaces: 3
Fuel Type: Propane
Heating: Forced Air
Home Style: 2 Story
Lot Size: 32.30 Acres
Stories: 3.0
Taxes: $21,053
Year Built: 2005
Square Feet: 8,847

Feature Descriptions

Accessibility: Main Floor Bedroom w-Bath
Bathroom: 0.1 (Lower), 3.1 (Main), 4.0 (Upper)
Days on Site: 17
Exterior: Brick, Stone
Exterior: Athletic Court, Basketball Court, Covered Patio, Fenced, Outbuilding, Patio, Porch, RV Parking, RV-Boat Storage, Sprinkler, Workshop, Yard
Fireplace: Wood Burning
Interior: Granite, Home Theater, Jetted Tub, Laundry, Sound System, Tile Floor, Wall to Wall Carpet, Washer-Dryer
Kitchen: Built-in Range, Built-in Refrigerator, Butlers Pantry, Dishwasher, Disposal, Gas Appliances, Granite, Microwave, Pantry, Plumbed For Ice Maker, SolidSurfaceCountertop, Tile, Trash Compactor
Lot: Gated, Gentle Sloping
Parking Notes: Driveway, RVAccessParking
Sewer: Septic Tank
Special View Info: Mountain, Territorial, Valley
Square Footage: 329 (Lower), 4259 (Main), 4259 (Upper)
Water: Well

Room Sizes

4th Bedroom: 12 X 15 Level - Upper
5th Bedroom: 16 X 19 Level - Upper
Bonus Room: 29 X 29 Level - Upper
2nd Bedroom: 18 X 22 Level - Main
3rd Bedroom: 17 X 22 Level - Upper
Dining Room: 16 X 19 Level - Main
Family Room: 35 X 35 Level - Main
Living Room: 22 X 26 Level - Main
Primary Bedroom: 21 X 13 Level - Main

Local Schools

High School: Sprague
Middle School: Crossler
Elementary School: Sumpter

Listed By / Shown By

Listed By

Agency Name: HomeSmart Realty Group
Agency Phone: 971-599-5865

Shown By

Agent Name: William Raven Broker
Agent Phone: (541) 280-9701
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 24,216.90 per month $21,237.49 Principal & Interest $1,754.42 Property Tax $1,225.00 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/03/2026. The listing information on this page last changed on 03/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 03/03/2026 12:04:50 AM EST) or RMLS (last updated Mon 03/02/2026 11:58:17 PM EST) or COAR/MLSCO (last updated Tue 03/03/2026 12:01:16 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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