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Listing provided courtesy of COLDWELL BNKR/COMMERCIAL DIV: 503-588-3508.

2540 Michigan City Ln NW

Salem, OR 97304
  • $1,460,000
  • STATUS: Active
  • ON SITE: 92 Days
  • MLS #: 824682
$1,460,000
  • 4
    BEDS
  • 4.8
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 2,873
    SQFT
  • $508
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1980
County:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of COLDWELL BNKR/COMMERCIAL DIV: 503-588-3508. Listing information © 2025 Willamette Valley Multiple Listing Service



Description

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. Sold in AS-IS-WHERE-IS condition

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Willamette Valley MLS logo © 2025 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2025-04-25T00:09:00.72.
www.willamettevalleyhouses.com/homes/159650313
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2540 Michigan City Ln NW Salem, OR 97304

  • Price: $1,460,000
  • Status: Active
  • On Site: 92 Days
  • MLS #: 824682
4
Beds
2
Baths
1
½ Baths
4.8
Acres
2,873
SQFT
$508
$/SQFT
1980
Built
Neighborhood:
60 NORTHWEST SALEM
County:
Polk
Area:
60 NORTHWEST SALEM
Elementary School:
Brush College
Middle School:
Straub
High School:
West Salem
Property Description
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. Sold in AS-IS-WHERE-IS condition
Exterior Features

Fenced Yard Partial Foundation Slab Garage Capacity 2 Garage Type Attached Home Style 2 Story Outbuildings BarnSeparate ShopShed Patio Patio Roof Composition Suitable For Other (Refer to Remarks) View MountainTerritorial

Interior Features

Baths Level1 Main .5 Baths On Level2 Upper 2 Bedroom2 Level 2/Upper Bedroom3 Level 2/Upper Bedroom4 Level 2/Upper Dining Formal Dining Room Level 1/Main Dishwasher Yes Family Room Level 1/Main Fireplace Family Room Flooring CarpetVinyl Heating And Cooling Heat Pump Kitchen Level 1/Main Living Room Level 1/Main Master Bedroom Level 2/Upper Range Facility Electric Total Baths 3 Utility Room Level 1/Main Water Heater Electric

Property Features

55 Plus Housing No Flood Plain Unknown Green Home No Handicap Amenities No High Speed Comm Access Present Home Warranty No Homeowners Association No Association Inspection Report Available No New Construction No Possession Neg Rv Amenities Area/Room For Septic Standard Sewer No Source Of Sq F County Terms Seller Will Consider CashConventional Water Well Water Rights Source Well Zoning SR

© 2025 Willamette Valley Multiple Listing Service. All rights reserved.


Willamette Valley MLS logo © 2025 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2025-04-25T00:09:00.72.
 
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Young Property Group | Keller Williams Realty Mid Willamette
2125 Pacific Blvd SW
Albany OR, 97322
Listing provided courtesy of COLDWELL BNKR/COMMERCIAL DIV: 503-588-3508. Listing information © 2025 Willamette Valley Multiple Listing Service