Price Reduced35$719,900
4 bd · 3 ba · 2,513 sqft
5492 Terra Cotta SE, Salem, OR
Within 2 miles of this home: 2 parks and green spaces.
Place data from OpenStreetMap.
Salem Hills
Dicker Reservoir
Est. $6,294/mo$325/sqft · 181 days on Realty
4
Beds
4
Baths
2,981
Sqft
1996
Built
Ask about the Rate Buydown Special! A private setting, memorable architecture, and 4.18 acres create a property that feels removed from the everyday while keeping Salem amenities within easy reach. Set behind a paved, gated drive, this Lindal Cedar home welcomes you with a soaring vaulted living area and dramatic two story wall of windows that brings abundant natural light into the heart of the home. Multiple living spaces provide flexibility for gathering, working, hobbies, and quiet retreat. The main level primary suite, added in 2008, features its own heating and cooling system, hand scraped Asian walnut flooring, heated travertine tile, river rock fireplace accents, walk through closet, and private ironwood deck wired for a hot tub. The remodeled kitchen offers custom quarter sawn oak cabinetry and granite counters, while hickory hardwood flooring adds warmth to the main level. Downstairs, a family room, custom library shelving, pellet stove, and generous storage expand the possibilities. Outdoor living includes multiple ironwood decks, patios, an electrified gazebo, motorized awning, and landscaped river rock details. Significant improvements include a 50 year composite roof and Carrier heating and cooling system. High speed internet adds convenience for today’s connected lifestyle. Approximately 10 minutes to Illahe Country Club, 15 minutes to Salem Golf Club, and minutes to Skyline Medical Center, with Schirle Elementary and Sprague High School assignments. Private acreage, quality improvements, and a location that keeps everyday destinations close. Rate Buydown Special: A 2/1 buydown can reduce the buyers effective interest rate by 2% during the first year and 1% during the second year, providing substantially lower initial monthly payments before returning to the note rate in year three. Call Mark if interested and you would like to know more about this property. Shown by appointment only.
Listing agent
MARK SHADRIN
Courtesy of BERKSHIRE HATHAWAY HOMESERVICES R E PROF
markshadrin@bhhsnwrep.com
Willamette Valley MLS · Listing 840020
$193,980
Estimated monthly payment
$6,294/mo
Loan amount $775,920. Estimate only — your actual rate and payment depend on credit, location, and lender.
School ratings (A+ to F) from HJN community data.
Independence Elementary School
KG-5 · Regular · Central School District 13j
425 students · 21.3:1 student–teacher
Sprague High School
9-12 · Regular · Salem-Keizer School District 24j
1,712 students · 24.4:1 student–teacher
Crossler Middle School
6-8 · Regular · Salem-Keizer School District 24j
804 students · 24.4:1 student–teacher
This content last refreshed on 2026-11-01 01:51:11 UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Mandi Mack · Tradition Real Estate Partners LLC

Willamette Valley MLS
Regional Multiple Listing Service (RMLS)