5501 Lipscomb St, Salem, OR

$2,400,000

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5

Beds

5.2

Baths

5,943

Square feet

2.68

Acres

About 5501 Lipscomb St

Tour of Homes luxury estate on acreage with stunning valley views! This exceptional residence showcases exposed beams, curved entryways, and high-end finishes throughout. A single-level layout with a full basement offers excellent dual living potential. Enjoy 5 spacious bedrooms—each an en suite with walk-in closets—along with 2 half baths. The chef’s kitchen is designed to impress, featuring a 60” gas range, oversized island, and a fully equipped butler’s pantry with an additional dishwasher. The lower level is ideal for entertaining with a wet bar complete with mini fridge, ice maker, and dishwasher. Elevated finishes include custom cabinetry, engineered hardwood (waterproof and wear-resistant) and tile flooring throughout—including limestone—natural stone countertops, custom iron railings, and thoughtfully curated lighting and plumbing fixtures. Venetian plaster accents enhance the master shower, range hood, and fireplace, while radiant heated tile floors bring comfort to the upstairs suites. Smart and functional upgrades include Lutron smart home lighting, integrated indoor/outdoor sound, a constant pressure water system with filtration, and a washer/dryer conveniently located in the primary closet.Outdoor living is equally impressive, featuring a covered deck, full outdoor kitchen with a 44” gas range, refrigerator, and pass-through window, gas heaters in the dining area, and an outdoor gas fire table—perfect for year-round enjoyment. The property also offers a hot tub, irrigated landscaping with lighting and raised garden beds, hot/cold outdoor water spigots, and built-in dog kennels with a dedicated dog wash. Additional highlights include a paved asphalt driveway leading to a 1,500 sq ft 3-car garage (mini-split ready and pre-wired), plus an additional 1,200 sq ft of flexible space—ideal for storage, a home office, gym, or more.

Features of 5501 Lipscomb St

MLS® # 334816575
Price $2,400,000
Bedrooms 5
Bathrooms 5.20
Full Baths 5
Half Baths 2
Square Footage 5,943
Acres 2.68
Year Built 2025
Type Residential
Sub-Type Single Family Residence
Style 2 Story
Status Active

Community Information

Address 5501 Lipscomb St
Area 173 - Marion Co: Southeast Salem
City Salem
County Marion
State OR
Zip Code 97317

Amenities

Parking Spaces 3
Parking Driveway
# of Garages 3
Garages Attached
View Mountain(s)
Is Waterfront No
Has Pool No

Interior

Interior Features High Ceilings, Laundry, Soaking Tub, Sound System, Heated Tile Floor, Home Theater
Appliances Butler's Pantry, Dishwasher, Disposal, Double Oven, Free-Standing Refrigerator, Gas Appliances, Island, Microwave, Pot Filler
Heating Forced Air
Cooling Central Air
Fireplace Yes
# of Fireplaces 1
Fireplaces Gas
# of Stories 2
Has Basement Yes
Basement Daylight, Finished

Exterior

Exterior Cement Siding
Exterior Features Covered Deck, Raised Beds, Free-Standing Hot Tub
Roof Composition

School Information

Elementary Turner
Middle Cascade
High Cascade

Additional Information

Date Listed June 18th, 2026
Days on Market 94
Zoning RES
Short Sale No
RE / Bank Owned No

Listing Details

OfficeHomeSmart Realty Group

Listing Map

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