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7511 Skyline Rd S, Salem, OR, 97306

4beds
4baths
3,249sqft
$799,500
$246price/sqft
$5,086/moest. monthly cost
$203,440/yrincome needed

About This Home

CUSTOM HOME YOURS TO FINISH! A rare opportunity to own a beautifully built two-story home shell, offering a well-designed layout and quality construction, ready for your personal finishes. The main level features a primary suite, a spacious dining room with breathtaking mountain views, and a living room with a grand fireplace that flows seamlessly into the chef’s kitchen. Upstairs, you’ll find a loft area, a huge bonus room that could serve as an additional bedroom, and access to a stunning deck—perfect for relaxing and entertaining. Additionally, the owner has already started installing a geothermal system with Millcreek Heating, with minimal work needed to complete—offering a fantastic energy-efficient feature. With strong craftsmanship and quality bones, this home is ready for your vision. Bring your builder or contractors and make it your dream home!

Getting Around

0
WalkingCar-Dependent
0
TransitNo Nearby Transit
1
BikeSomewhat Bikeable

Schools

4/10
3/10
Crossler Middle SchoolGrades 6-83.1 mi
6/10
Sprague High SchoolGrades 9-123.2 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2025

Materials

  • Foundation: Continuous
  • Construction materials: Lap Siding

Type & Style

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

Interior

Appliances

  • Laundry features: Main Level

Bedroom2

  • Level: Upper
  • Area: 120

Bedroom3

  • Level: Upper
  • Area: 168

Bedroom4

  • Level: Main
  • Area: 144

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main
  • Area: 168

Family Room

  • Level: Upper
  • Area: 340

Features

  • Loft,Mudroom,Office,Walk-in Pantry

Interior Area

  • Total structure area: 3,249
  • Total interior livable area: 3,249 sqft

Kitchen

  • Level: Main
  • Area: 304

Living Room

  • Level: Main
  • Area: 400

Master Bedroom

  • Level: Main
  • Area: 210

Property

Details

  • Zoning: EFU, SA

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Tbd

Lot

  • Lot size: 4.86 Acres

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 $4,042$48,504
Home Insurance *$198$2,376
Property Taxes $552$6,624
Electricity $294$3,538
Total$5,086$61,032
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$174,377/yr
40% on housing$152,580/yr
45% on housing$135,626/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

$246This listing

vs Other Active Listings

Avg $/sqft

ZIP 97306$234
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)

No zestimate history available

Price History

DateEventPrice
2026-04-25Price change$849,500
2025-09-16Price change$899,500
2025-04-30Price change$935,900
2025-03-26Listed for sale$990,900

New Construction

AgentLILLIAN KAY
BrokerageFcre Home

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