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Residential Land with Home for Sale in Salem, Oregon

7002 Rainbow Dr SE, Salem, OR 97306

$1,100,000
2 acres
Active
Est $6,246/mo

True value in a great location! Stunning custom home w/ endless possibilities. Dual Liv. potential, views, a pond, & privacy, what else could you want? Spacious BRs, lrg Primary w/ huge ensuite & views. Open concept LR/Kit, formal Din. Rm., Office, & mudroom all on main floor. Downstairs feat. Lrg. Fam. Rm, movie theater, basketball court, cov. patio, wonderful sauna, potential for dual living, & 2 BRs. Ext. is private and secluded with access to a pod and a blank slate for landscaping. This is a must see!

6,777
Sq feet
6
Beds
4
Full baths
1
1/2 bath
1996
Built

Location

Street address
7002 Rainbow Dr SE
Elevation
579 feet
Coordinates
44.8535, -123.0327

Directions

Follow Rainbow Dr and go straight at the road curve onto the gravel drive, house at the end of the private drive, no house numbers on property, USE GPS!

Property details

Acreage
2.01 acres
MLS #
WVMLS 832421
Posted

Property taxes

Recent
$10,281

Parcels

  • 561418

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
Coldwell Banker Real Estate

Lot

View
Territorial, Water

Exterior

Parking Spaces
3
Parking
Attached Garage, Garage
Fencing
Fenced, Partial
Features
Landscaping, Partially Fenced Yard

Structure

Heating
Electric, Fireplace(s), Forced Air, Heat Pump, Propane
Roof
Composition

Interior

Rooms
Basement, Bathroom x 5, Bedroom x 4, Den, Dining Room, Family Room, Kitchen, Living Room, Loft, Master Bedroom, Office, Utility Room
Flooring
Carpet, Tile, Vinyl, Wood
Appliances
Dishwasher, Garbage Disposer, Range, Washer
Accessibility
Accessible Approach With Ramp
Features
Handicap Amenities, Propane Fireplace(s)

Property utilities

CategoryTypeStatusDescription
GasPropaneConnected

Nearby schools

NameLevelDistrictDescription
BattlecreekElementary
JudsonMiddle
SpragueHigh

Listing history

DateEventPriceChangeSource
Aug 8, 2025New listing$1,100,000WVMLS
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This 2.01-acre property is located at 7002 Rainbow Dr SE in Salem, OR 97306. The property is available for sale for $1,100,000. It has a 6,777 sq ft 6 bedroom, 4 bath house built in 1996.

Checked 4 mins ago — Updated

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