Price Reduction - Views - New Construction
Address
5492 Terra Cotta (lot 2) Dr Se, Salem, OR
Price
$ 729,900
Property Attributes
- MLS#842728
- TypeSingle Family
- Listing Status Active
- MunicipalitySalem
- CountyMARION
- CitySalem
- Area40 SOUTHEAST SALEM
- NeighborhoodHeadwaters
- Zip97306
- Style2 Story
- Year Built2026
- Price$ 729,900
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2513
- Lot Size0.21 Acres
Data Source:
Willamette Valley MLS (WVMLS)
Property Description
Brand new and FINISHED 2-story in Salem's Headwaters community! This 4BD/3BA, 2,513 sq ft home features a gas fireplace, chef's kitchen with Bosch appliances included, walk-in pantry, and flexible bonus/workshop space. Enjoy a massive covered patio perfect for year-round outdoor living, plus a fully landscaped & fenced yard with territorial views. The oversized 25x27 attached garage includes a smart opener. Gas forced air, central A/C & HardiPlank siding. Home warranty included! Lender incentives available.
| Elementary School | Middle School | High School |
|---|---|---|
| Pringle Elementary School | Judson Middle School | South Salem High School |
| Price History | |
|---|---|
| 6/25/2026 | Listed $749,900 |
| 9/1/2026 | 3$729,900 |
General Features
| Kitchen Level | 1/Main |
|---|---|
| Possession | COE |
| Zoning | RS |
| Water | City |
| New Construction | Yes |
| HOA Fee | 50 |
| Subdivision | Headwaters |
| Water Heater | Gas |
| County | Marion |
| Class | Residential |
| Type | Residence |
| HOA Fee Frequency | Monthly |
| Roof | Composition |
| Associated Document Count | 1 |
| Status | ACTIVE |
| 55+ Community | No |
| Assessments or Liens | No |
| Handicap Amenities | No |
| HOA | Association With Fee |
| Sale/Rent | For Sale |
| Green Home | No |
| Inspection Report Available | No |
| Year Built | 2026 |
| City | Salem |
| Middle School | Judson |
| VIEW | Territorial |
| HOME WARRANTY | Yes |
| High School | South Salem |
| DOM | 85 |
| Price Per Sq Ft Total AG | 290.45 |
| Price Per Sq Ft Total AG | 290.45 |
| TERMS SELLER WILLCONSIDER | Federal VA,Cash,ODVA,FHA,Conventional |
Interior Features
| Dining Room Level | 1/Main |
|---|---|
| Living Room Level | 1/Main |
| Utility Room Level | 2/Upper |
| Flooring | Carpet,Laminate,Tile |
| Beds | 4 |
| Total Baths | 3 |
| Full Baths | 3 |
| Dining Room | Area (Combination) |
| Fireplace | Gas,Living Room |
| Baths on Level 1 | 1 |
| Baths on Level 2 | 2 |
| Bonus Rooms | Walk-in Pantry,Workshop |
| Dual Living | No |
| Heating-Cooling | Gas,Central AC,Forced Air |
| Dishwasher | Yes |
| Disposal | Yes |
| High Speed Comm Access | Available |
| Total Baths | 3 |
Exterior Features
| Foundation | Continuous |
|---|---|
| Garage Type | Attached |
| Garage Dimensions | 25 x 27 |
| Price per Acre | 3475714.29 |
| Lot Size Area | 0.21 |
| Garage Capacity | 2 |
| Water Rights | No |
| Siding Style | Lap |
| Underground Sprinklers | Yes |
| Flood Plan | No |
| Patio | Covered Patio |
| Landscape | Yes |
| Timber | No |
| Siding | Fiber Cement |
| Fenced Yard | Yes |
| Lot | 2 |
| SEWER - CITY | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 97306
Price
Year Built
Visits
In The Neighborhood
Reduced
Salem
$ 669,900
5727 Headwaters (lot 22) St Se
Salem, OR 97306
- Type
- Single Family
- Size
- 2,040 SqFt
- Rooms
- 3 Beds + 2 Baths
TRADITION REAL ESTATE PARTNERS
Reduced
Salem
$ 674,900
5719 Headwaters (lot 23) St Se
Salem, OR 97306
- Type
- Single Family
- Size
- 2,047 SqFt
- Rooms
- 3 Beds + 2.5 Baths
TRADITION REAL ESTATE PARTNERS
All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by RMLSTM.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLSTM of Portland, Oregon. Real estate listings held by brokerage firms other than Salem are marked with the RMLSTM logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLSTM, Portland, Oregon.
This content last updated on September 21, 2026 1:28 PM UTC at 4 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
