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2725 Kaloken Ct S, Salem, OR, 97306

4beds
4baths
5,047sqft
$1,599,000
$317price/sqft
$10,615/moest. monthly cost
$424,600/yrincome needed

About This Home

Located in Chinook Estates, one of Salem’s premier acreage communities, this exceptional property offers privacy, space, & panoramic views. Perfectly sited to capture the scenery from both interior and exterior living spaces, the home features a spacious open floor plan with timeless design. Remodeled with refined finishes, the chef’s kitchen is ideal for entertaining. Main-level primary suite allows effortless living. A separate carriage house provides additional parking, greenhouse & shop or hobby spaces. The carriage house also offers potential for conversion into a self-contained guest residence, creating flexibility for multigenerational living, guests, or work-from-home needs. An extraordinary setting that blends quality craftsmanship, thoughtful updates, and versatile spaces in one of Salem’s most desirable acreage neighborhoods.

Getting Around

0
WalkingCar-Dependent
0
TransitNo Nearby Transit
11
BikeSomewhat Bikeable

Schools

4/10
3/10
Crossler Middle SchoolGrades 6-83.0 mi
6/10
Sprague High SchoolGrades 9-123.6 mi

Construction

Condition

  • Year built: 1997

Materials

  • Foundation: Continuous
  • Roof: Composition
  • Construction materials: Fiber Cement,Lap Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Gas Range,Microwave,Range Included,Gas Water Heater
  • Laundry features: Main Level

Bedroom2

  • Level: Upper

Bedroom3

  • Level: Upper

Bedroom4

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Dining Room

  • Features: Formal
  • Level: Main

Family Room

  • Level: Main

Features

  • Breakfast Room/Nook,Den,Office,Rec Room,Walk-in Pantry,Workshop,High Speed Internet
  • Flooring: Wood,Tile
  • Fireplace features: Living Room,Family Room,Wood Burning,Gas
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 5,047
  • Total interior livable area: 5,047 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 545439
  • Zoning: AR
  • Exclusions: Stained glass over fireplace

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck,Patio
  • Exterior features: Beige
  • Has spa: Yes
  • Spa features: Heated
  • Fencing: Fenced
  • Has view: Yes
  • View description: Mountain(s),Territorial

Lot

  • Lot size: 2.21 Acres
  • Features: Dimension Above,Landscaped
  • Lot size dimensions: Irregular

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Strong Wind

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 $8,085$97,020
Home Insurance *$396$4,752
Property Taxes $1,676$20,112
Electricity $458$5,496
Total$10,615$127,380
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$363,942/yr
40% on housing$318,450/yr
45% on housing$283,066/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

$317This listing

vs Other Active Listings

Avg $/sqft

ZIP 97306$233
Marion County$231

vs Homes Sold Last Month

Median $/sqft

ZIP 97306$277
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
2026-01-28Listed for sale$1,650,000
2006-08-08Sold$700,000

For Sale by Agent

AgentERIC FISKUM
BrokerageRe/Max Integrity - Salem

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