$9,650,000

3372 River Bend Rd NW, Salem, OR 97304

  • 3 beds |
  • 1 bath |
  • 1,180 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon445acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $8,178/sqft
  • Property List Date Icon Listed 26 days ago

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 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.

Listing Status:
Active
Listing Office:
KELLER WILLIAMS REALTY -ALBANY : 541-704-2737
Listing Agent:
PAUL TERJESON : 541-740-7752
MLS ID:
831757
  • General: RV/Boat StorageSee RemarksWorkshopShed(s)
  • Other Structures: RV/Boat StorageSee RemarksWorkshopShed(s)
  • Parking: No Garage

This listing courtesy of PAUL TERJESON, KELLER WILLIAMS REALTY -ALBANY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Harritt Elementary School

2112 Linwood St NW, Salem, OR, 97304

Grades PK-5

1.38 miles away

W

Walker Middle School

1075 8th St NW, Salem, OR, 97304

Grades 6-8

2.51 miles away

W

West Salem High School

1776 Titan Dr NW, Salem, OR, 97304

Grades 9-12

2.17 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.