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    2881 S Frst Hvn Way Salem, OR 97302

    For Sale
    $525,000

    LAND - Salem, OR

    Type:Single Family Residence
    Lot size:
    2.37 Acres
    Days on Market:
    110
    Last Refresh:
    Dec 14 at 10:06 am

    Property Features for 2881 S Frst Hvn Way

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    AR
    APN
    341484
    Lot size
    2.37 Acres

    Coldwell Banker Mountain West Real Estate, Inc. (503) 361-7170 [email protected]

    Listing agent Andrea Beyer (503) 364-9596

    Listing date Aug 27, 2025

    MLS# 521594731 Listing URL

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in Salem, Oregon

    This 2.37-acre land parcel is located in Salem, Oregon. Zoned AR, this property is suitable for residential use and offers an opportunity for a custom-built home. The flat parcel features a gated rock wall entry and a long, paved private drive. The setting includes Oak and Fir trees and an abundance of wildlife.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.094288
    Latitude
    44.895398

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    FAQs

    What type of property is this?
    Residential land & home lot - 2.37 acre residential land parcel ready for custom home.
    Where is this residential land & home lot located?
    The property is located at 2881 S Frst Hvn Way Salem, OR.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: - Ready for your custom built Kaufman Home; - Rare small acreage parcels close to everything; - Easy to build flat parcels
    (503) 364-9596
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    2881 S Frst Hvn Way Salem, OR 97302
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2881 S Frst Hvn Way Salem, OR 97302
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