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$1,250,000

  • Sold
  • Closed
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 2,873 Sq. Ft.

Listed By: SHADYA. JONES | Coldwell Bnkr/Commercial Div | (503) 884-6281
Sold by LIZA. REYNA- SKIPPER | Exp Realty, Llc | Direc: 503-884-6281

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Outstanding Residential Development Opportunity located adjacent to the newly developed Misty Meadows development. The sale includes an assemblage of two separate tax parcels (R400792-2.80ac bare land/R267146-2.80ac. residence, shop & barn). Residence is +/- 2,873/SF and Shop is +/- 1920/SF. The property does have the potential to develop rental income while going through the approval process. PLEASE DO NOT DISTURB OWNER. See addt'l details attached. Buyer responsible for completing due-diligence.

Full Property Details for 2540 Michigan City Ln NW

General

  • Sold For: $1,250,000
  • Status: Closed
  • Type: Single Family
  • Source: WVMLS
  • MLS ID: 824682
  • Added to Site: 361 day(s) ago

Interior

  • Flooring: Carpet, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Parking

  • Garage Description: Attached

Location

  • County: NORTHWEST SALEM
  • Driving Directions: North on Wallace Rd NW approx. 3 miles and left onto Michigan City Lane NW

School Information

  • Elementary School: Brush College
  • Middle School: Straub
  • High School: West Salem

Heating & Cooling

  • Heating/Cooling: Heat Pump
  • Water Heater: Electric

Utilities

  • Water: Well

Structural Information

  • Roof: Composition
  • Square Feet: 2,873
  • Year Built: 1980

Lot Features

  • Lot Size (Acres): 4.8
  • Zoning: SR
  • Lot Description: 2900/3000

Financial Considerations

  • Price Per Sq. Ft.: $435.09
  • Price Per Acre: $304,166.67
  • Assessment Year: 1980

Disclosures and Reports

  • Lot Number: 2900/3000

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 2540 Michigan City Ln NW

School District:Salem-Keizer School District 24j
NameGradesDistance
Brush College Elementary School
2623 Doaks Ferry Road Northwest, Salem, OR 97304
K-50.8 mi
Straub Middle School
1920 Wilmington Avenue Northwest, Salem, OR 97304
6-81.5 mi
West Salem High School
1776 Titan Drive Northwest, Salem, OR 97304
9-121.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2540 Michigan City Ln NW

Date
Details
Price
Change
Source
7/15/2025
Sold
$1,250,000
-14.38%
MLS
1/22/2025
Listed
$1,460,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Just Listed near 2540 Michigan City Ln NW

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1186 Glazemeadow St NE, Keizer, OR 97303 - Photo 1 Just Listed
$520,000

1186 Glazemeadow St NE  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,704
    Sq. Ft.
Listed By: SABRINA. MCCREERY | Re/Max Integrity - Salem
4370 Gary St NE, Keizer, OR 97303 - Photo 1 Just Listed
$420,000

4370 Gary St NE  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 1
    Total Bath
  • 1,248
    Sq. Ft.
Listed By: JOSE A. CABRERA | Smi Real Estate
959 Stonebridge Ave NE, Keizer, OR 97303 - Photo 1 Just Listed
$525,000

959 Stonebridge Ave NE  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,896
    Sq. Ft.
Listed by Coldwell Banker Mountain West, Andrea Beyer
1865 Manzanita St, Keizer, OR 97303 - Photo 1 Just Listed
$419,000

1865 Manzanita St  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,431
    Sq. Ft.
Listed By: LAURA. GILLOTT | Keller Williams Realty Mid-Willamette - Gillott Team and MARYANN. HONEYMAN | Keller Williams Realty Mid-Willamette - Gillott Team

Price Reduced near 2540 Michigan City Ln NW

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4030 Hennessy Ln NE, Keizer, OR 97303 - Photo 1 Price Reduced
-$10,000 (-2.13%)
$459,000

4030 Hennessy Ln NE  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,500
    Sq. Ft.
Listed By: CAYLAN JOHN. STARK | Exp Realty, Llc and HEATHER. RICH | Exp Realty, Llc
1623 Leewood Ave NE, Keizer, OR 97303 - Photo 1 Price Reduced
-$15,000 (-2.65%)
$550,000

1623 Leewood Ave NE  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 2 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,758
    Sq. Ft.
Listed By: GARRON. LAMOREAU | Bst Realty, Llc
4742 Rivergrove Ct N, Keizer, OR 97303 - Photo 1 Price Reduced
-$10,000 (-2.11%)
$465,000

4742 Rivergrove Ct N  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,588
    Sq. Ft.
Listed by eXp Realty, LLC, Allyson Puentes
6708 14th Ave NE, Keizer, OR 97303 - Photo 1 Price Reduced
-$17,000 (-3.05%)
$540,000

6708 14th Ave NE  Keizer, OR 97303

  • Single Family
  • Active
  • Updated 6 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,407
    Sq. Ft.
Listed By: RHONDA. SMITH | Windermere Heritage

Recent Sales near 2540 Michigan City Ln NW

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4785 Andrea Dr NW, Salem, OR 97304 - Photo 1 Sold
$1,150,000

4785 Andrea Dr NW  Salem, OR 97304

  • Single Family
  • Closed
  • 4
    Beds
  • 4
    Total Baths
  • 3,551
    Sq. Ft.
Listed By: DEWEY. WHITTON | The Salem Real Estate Group
Sold by RYAN. STECKLY | Homesmart Realty Group
4785 Andrea Dr NW, Salem, OR 97304 - Photo 1 Sold
$1,150,000

4785 Andrea Dr NW  Salem, OR 97304

  • Single Family
  • Sold
  • 4
    Beds
  • 3
    Total Baths
  • 3,551
    Sq. Ft.
Listed by The Salem Real Estate Group, Dewey Whitton
Sold by Non Rmls Broker, OR and WA Non Rmls
6603 Spring Valley Rd NW, Salem, OR 97304 - Photo 1 Sold
$1,250,000

6603 Spring Valley Rd NW  Salem, OR 97304

  • Single Family
  • Sold
  • 4
    Beds
  • 3
    Total Baths
  • 2,934
    Sq. Ft.
Listed by Premiere Property Group, LLC, Matthew Tackett
Sold by Non Rmls Broker, OR and WA Non Rmls
6603 Spring Valley Rd NW, Salem, OR 97304 - Photo 1 Sold
$1,250,000

6603 Spring Valley Rd NW  Salem, OR 97304

  • Single Family
  • Closed
  • 4
    Beds
  • 4
    Total Baths
  • 2,934
    Sq. Ft.
Listed By: MATT. TACKETT | Premiere Property Group, Llc Albany
Sold by KRISTI. TOMLIN | Waldrop & Co. Inc. Realtors

2540 Michigan City Ln NW, Salem, OR 97304 (MLS# 824682) is a Single Family property that was sold at $1,250,000 on July 15, 2025. Want to learn more about 2540 Michigan City Ln NW? Do you have questions about finding other Single Family real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.