3372 River Bend Road, Salem, OR 97304

$8,500,000
Property Type: Land Lot Size (sq. ft.): 19,384,200 Status: Closed
Current Price: $8,500,000 List Date: 7/22/2025 Last Modified: 6/01/2026

Overview

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 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 rare opportunity 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.

Listing Details MLS# 220206279

General Property Information

Property Sub Type
Agriculture
Elementary School
Harritt Elem
Middle Or Junior School
Walker Middle
High School
West Salem High
Zoning
EFU
Tax Annual Amount
8530
Tax Year
2024
Irrigation Water Rights YN
Yes
CC&R's YN
No
Association YN
No
Senior Community YN
No
FIRPTA YN
No
Sign On Property YN
Yes
Garage YN
No

Property Features

Current Use: Agricultural; Nursery; Other Fencing: Perimeter Irrigation Distribution: Wheel Line(s); None Irrigation Source: On Site Well Lot Features: Landscaped; Sloped; Wooded Other Structures: Greenhouse; Shed(s); Workshop Road Frontage Type: Shared Access Road Surface Type: Gravel; Paved Soil Type: Loam View: Mountain(s); Panoramic; River; Territorial; Valley Waterfront Features: Pond; River Front Power Production: None Sewer: Septic Tank Utilities: Electricity Connected Utilities Location: On Property Water Source: Well Documents on File: Aerial Photos; Plat Maps; Other Listing Terms: Cash Special Listing Conditions: Standard Water Rights Type: See Remarks

Location Tax and Legal

Street Number
3372
Street Name
River Bend
Street Suffix
Road
County
Polk
State
OR
Postal Code
97304
Subdivision Name
N/A

Contract Information

Original List Price
9650000
List Price per Acre
21685.39
Listing Contract Date
2025-07-22

Remarks and Miscellaneous

Public Remarks
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 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 rare opportunity 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.

Status Change Information

Close Date
2026-05-29
Under Contract Date
2025-11-13
Status Change Timestamp
2026-06-01
Close Price
8500000
Sold Price per Acre
19101.12

More Information

Usage Details

Acreage Crops/Usage 1
381
Crops/Usage 1
Tillable Acres
Acreage Crops/Usage 2
122
Crops/Usage 2
Blackberries
Acreage Crops/Usage 3
51
Crops/Usage 3
Ancillary Ground

Comments

Irrigation Comments
Water Rights
Zoning Comments
Path of Progress

Location, Tax, and Legal

Section
Not Applicable
Parcel Number
381840
Lot Size Acres
445
Lot Size Square Feet
19384200
Additional Parcels YN
Yes
Additional Parcels Description
381840, 393162, 266628, 439055, 266631, 266826, 266813, 484352,266590,267386 , 239710,547567,484365

Current Use

Agricultural
Yes
Nursery
Yes
Other
Yes

Fencing

Perimeter
Yes

Listing Terms

Cash
Yes

Home/Build Site

Approved
Yes

Irrigation Distribution

Wheel Line(s)
Yes
None
Yes

Irrigation Source

On Site Well
Yes

Lot Features

Landscaped
Yes
Sloped
Yes
Wooded
Yes

Other Structures

Greenhouse
Yes
Shed(s)
Yes
Workshop
Yes

Road Frontage Type

Shared Access
Yes

Road Surface Type

Gravel
Yes
Paved
Yes

Soil Type

Loam
Yes

View

Mountain(s)
Yes
Panoramic
Yes
River
Yes
Territorial
Yes
Valley
Yes

Waterfront Features

Pond
Yes
River Front
Yes

Power Production

None
Yes

Sewer

Septic Tank
Yes

Utilities

Electricity Connected
Yes

Utilities Location

On Property
Yes

Water Source

Well
Yes

Documents on File

Aerial Photos
Yes
Photos
Yes
Plat Maps
Yes
Other
Yes

Special Listing Conditions

Standard
Yes

Water Rights Type

See Remarks
Yes

Documents

Listing Office: Keller Williams Realty Mid-Willamette
Last Updated: June - 01 - 2026
Information deemed reliable but not guaranteed.
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