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3937 Cousteau Dr, Salem, OR, 97302

1beds
2baths
546sqft
$285,000
$522price/sqft
$1,881/moest. monthly cost
$75,240/yrincome needed

About This Home

This 1 bedroom, 1.5 bathroom home was built in 2022 and designed to feel bright and open, with large windows throughout that flood the space with natural light. The two-story layout feels intentional and efficient, offering modern finishes, a walk-in shower, and a private patio that extends your living space outdoors. The home is LEED Gold certified, blending contemporary design with energy-conscious construction. Pringle Creek is the kind of neighborhood people seek out, walkable, connected, and quietly full of life. Morning coffee at Prismatic is just steps away, and weekend strolls often lead past the local Root Cellar market, featuring handmade goods, art supplies, sweet treats, and more. Creekside paths wind through the community, where you’ll regularly spot neighborhood cats, wandering turkeys, and neighbors enjoying the shared green spaces, greenhouse, gardens, and orchard that make this place feel truly unique. The Pringle Creek Community is built around intention, connection, and sustainability. The community is supported by a full-time urban farmer who cares for the shared organic gardens and glasshouse, as well as an orchard of more than 50 mature fruit trees. Everything grown throughout the community is free for residents to enjoy, weaving fresh, seasonal food into everyday life and adding to what makes Pringle Creek feel truly special. Whether you’re a first-time buyer looking for something different or an investor searching for a low-maintenance property in a high-demand community, this home offers a rare opportunity to live, or invest in a place that was designed with intention from the start.

Getting Around

24
WalkingCar-Dependent
28
TransitSome Transit
50
BikeBikeable

Schools

8/10
5/10
Leslie Middle SchoolGrades 6-80.3 mi
5/10
South Salem High SchoolGrades 9-121.9 mi

Construction

Condition

  • Year built: 2022

Materials

  • Foundation: Continuous
  • Roof: Composition
  • Construction materials: Fiber Cement

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Electric Range,Electric Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Features

  • Flooring: Carpet,Laminate

Heating

  • Heating features: Ductless/Mini-Split

Interior Area

  • Total structure area: 546
  • Total interior livable area: 546 sqft

Living Room

  • Level: Main
  • Area: 165

Master Bedroom

  • Level: Upper
  • Area: 99

Property

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio

Lot

  • Lot size: 1,306 sqft

Parking

  • Parking features: No Garage

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Strong Wind
Heat Wave
Lightning
Winter Weather

FEMA Declared Disasters in Marion County and Oregon

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,441$17,292
Home Insurance *$67$804
Property Taxes $197$2,364
Electricity $176$2,119
Total$1,881$22,572
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$64,491/yr
40% on housing$56,430/yr
45% on housing$50,160/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.7%
6.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$522This listing

vs Other Active Listings

Avg $/sqft

ZIP 97302$238
Marion County$231

vs Homes Sold Last Month

Median $/sqft

ZIP 97302$247
Marion County$278

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-25Listed for sale$285,000
2026-03-16Listing removed$315,000
2026-02-27Pending sale$315,000
2025-12-15Listed for sale$315,000
2025-12-13Listing removed--
2025-12-11Listed for sale$315,000
2022-12-09Sold$244,900
2022-09-26Pending sale$244,900
2022-07-26Listed for sale$244,900
2022-07-26Pending sale$244,900

For Sale by Agent

AgentMADELINE MITCHELL
BrokerageWorks Real Estate

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