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$9,650,000
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Property Description
Accepted Offer with Contingencies. 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.
Full Property Details
Full Property Details for 3372 River Bend Rd NW
General
- Price: $9,650,000
- Taxes: $8,530 (2024)
- Status: Under Contract
- Type: Single Family
- Source: WVMLS
- MLS ID: 831757
- Updated: 11/13/2025
- Added to Site: 182 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Parking
- Garage Description: None
Location
- County: NORTHWEST SALEM
- Driving Directions: Off of Wallace Road
School Information
- Elementary School: Harritt
- Middle School: Walker
- High School: West Salem
Utilities
- Water: Well
Structural Information
- Square Feet: 1,180
- Year Built: 1900
Manufactured Home
- Serial #: See Assoc Docs
Lot Features
- Lot Size (Acres): 445
- Zoning: EFU
- Lot Description: 400
Water Features
- Water Front: Yes
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $8,177.97
- Price Per Acre: $21,685.39
- Assessment Year: 1900
- Tax Amount: $8,530
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 400
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Schools
Schools serving 3372 River Bend Rd NW
School District:Salem-Keizer School District 24j
| Name | Grades | Distance |
|---|---|---|
Harritt Elementary School 2112 Linwood Street Northwest, Salem, OR 97304 | PK-5 | 1.4 mi |
Walker Middle School 1075 8th Street Northwest, Salem, OR 97304 | 6-8 | 2.5 mi |
West Salem High School 1776 Titan Drive Northwest, Salem, OR 97304 | 9-12 | 2.2 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 3372 River Bend Rd NW
Date
Details
Price
Change
Source
7/22/2025
Listed
$9,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3372 River Bend Rd NW
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,525
2%
$222,589
3%
2023
$2,470
7%
$216,471
6%
2021
$2,314
-3%
$204,758
-3%
2022
$2,387
3%
$210,523
6%
2021
$2,314
6%
$199,159
3%
2019
$2,173
2%
$193,725
3%
2018
$2,138
15%
$188,435
3%
2017
$1,854
1%
$183,296
3%
2016
$1,838
-4%
$177,495
3%
2015
$1,908
7%
$173,065
3%
2014
$1,787
1%
$168,623
3%
2013
$1,776
—
$164,069
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3372 River Bend Rd NW
3372 River Bend Rd NW, Salem, OR 97304 (MLS# 831757) is a Single Family property with 3 bedrooms and 1 full bathroom. 3372 River Bend Rd NW is currently listed for $9,650,000 and was received on July 22, 2025. Want to learn more about 3372 River Bend Rd 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.

