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Located at 4698 Wallace Rd NW, Salem, Oregon 97304, this Single Family Home is for Sale with a price of $2,500,000 USD. The property was built in 1998, includes 4 bedrooms, has 5 full baths and 2 partial baths. This listing has 4,675 Sq.Ft. of interior space on a lot of 19.05 Acres. See all Homes for Sale in Salem.
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50. 4698 Wallace Rd NW
1. 4698 Wallace Rd NW
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OregonSalem4698 Wallace Rd NW

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Description

4698 Wallace Rd NW,

Salem, OR 97304

Welcome to River Cove Farm: Where Natures Beauty Meets Georgian Elegance! Nestled in the heart of Willamette Valley wine country & just minutes from downtown Salem, this one-of-a-kind estate offers a rare blend of lush acreage, Willamette River frontage, & breathtaking views. A gated entry opens to a long, paved driveway leading to this gorgeous Georgian-style home, which exudes elegance throughout. Spanning 19.05 acres, the property also has a cottage, barn, pastures, fruit trees, private beach & cove! The main level primary suite features a cozy fireplace and ensuite bathroom, ensuring comfort and luxury. A library with built-ins and a majestic living room provide stunning views. The elegant kitchen and formal dining room are perfect for hosting memorable gatherings. The expansive game/recreation room includes a kitchenette and full bathroom, ideal for entertaining guests. Step outside to the spacious patio and soak in the views. It is a true gardeners delight with ample space for gardening. The property is equipped with a large shop/barn, chicken house, and pastures. A charming caretakers cottage offers many possibilities.Enjoy the tranquility of the Willamette River frontage, complete with a private beach and a cove for boat tie-up.Your sanctuary awaits!

This is an Active listing.

Broker Office Phone Number: 503-485-1900

Copyright © 2025Willamette Valley Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities

  • Carpet
  • Carpeted Floors
  • Dishwasher
  • Fenced
  • Fireplace
  • Garbage Disposal
  • Tile Flooring
  • Wood Floors
  • 1 Fireplace
  • Laminate Flooring
  • Washer / Dryer
  • Heat Pump
  • Composition Shingle Roof
  • Garage
Listing By: BLUM REAL ESTATE via Data Source: Willamette Valley Multiple Listing Service 
4
Bedrooms
5
Full Baths
2
Partial Baths
$2,500,000
price
$535
Price Per Sqft
$9,043
Annual taxes
Single Family Home
Property type
1998
Year Built
Salem-Keizer 24J
School District
Salem-Keizer 24J
School District
salem-keizer-sd-24j-salem-or
Schools
Brush College
Elementary
Straub
Middle
West Salem
High
15141129
Web Id
828382
MLS ID
89
Days Posted

Price History

datepricevariancetype
5/1/2025$2,500,000-Listed
listing agent: GLADYS BLUM
more info
4,675 Sq Ft.
interior
19.05 Acres
Exterior
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    4698 Wallace Rd NW
    Salem, OR 97304

    $2,500,000
    4 bd5 ba