Accepted Offer with Contingencies. NEW PRICE! Welcome to this beautifully refreshed home in a S Salem’s desirable area! Recent updates make this home truly move-in ready, including a NEW roof, NEW water heater, NEW LVP flooring and NEW carpet, plus fresh interior and exterior paint. Enjoy the peace of mind of major improvements already completed while settling into a clean, updated space designed for comfortable everyday living. With its fresh finishes and significant recent upgrades, this home is ready for its next chapter.
South Gateway, located between Commercial Street SE and I-5, is a residential and retail Salem neighborhood with big-box corridors and pockets of mid-century streets. The neighborhood’s character concentrates around the Commercial St SE and Kuebler Blvd SE crossroads, where shopping plazas, coffee counters, and service storefronts keep the sidewalks in motion. Ranch-style homes and newer subdivisions sit behind arterial roads, with cul-de-sacs and greenbelts shaping a quieter street rhythm. The I-5 edge reads as a working gateway, while interior blocks feel more buffered. Nearby trail segments and parks add a reset from the traffic lanes.
Provided by Walk Score and Local Logic
Market insights
5775 Moonstone Lp SE · $430,000
DAYS ON MARKET
29 days
The average home goes pending in 55 days.
SALE-TO-LIST
98.3%
Most homes are selling 2% below list price.
LIST PRICE
$430,000
Median sale price in this area is $454,061. (6% higher than this home)
PRICE DROP
1 price drop
29% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Gas fireplace in the living room
High-speed communication available
Bedrooms
3 bedrooms, all on the main floor
Bathrooms
2 full bathrooms, both on the main floor
Kitchen
Dishwasher
Range included
Garbage disposal
Laundry & utility
Utility room on the main floor
Flooring
Carpet
Luxury vinyl plank
Heating & cooling
Gas forced-air heating
Central air conditioning
Exterior features
Fenced yard
Landscaping
Covered patio
Home design
One story
Parking
Attached garage with 2 spaces
Construction
Built in 1992
Lap siding
Composition roof
Continuous foundation
Utilities
City water
HOA & community
No homeowners association
Electricity and solar
View estimated energy costs and solar savings for this home
The purpose of the Single Family Residential (RS) Zone is to implement the single family residential designation of the Salem Area Comprehensive Plan through the identification of allowed uses and the establishment of development standards. The RS zone generally allows single family, two family, three family, and four family residential uses, along with a mix of other uses that are compatible with and/or provide support and services to the residential area.
Permitted uses
Include but are not limited to:
Agriculture
Community / recreation center
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Other
Infrastructure
Library
Ground transport
Park & open space
Local insights from Redfin agents
Salem’s market is slower, with prices relatively steady and homes taking longer to sell. Sellers need competitive pricing, while buyers may have more time to decide and room to negotiate on price, closing costs, or repairs.