Boarding facility on 29+ Flat Acres! Huge income potential with 48 matted stalls(located in arena barn and 2nd barn), 60x120 Indoor Arena, 150x300 Fenced Outdoor Arena,tack rooms, hay storage, 13 Pasture turnouts and Much More. Dual Living. Property is flat and usable. Grow hay on the 15 acre hay field (27-36 tons). Easy access to I-5, and 7 miles from Salem.
Single-familyProperty Type
1940Year Built
29.35 acresLot Size
$326Est. Price/Sq.Ft.
Listed by Shayna Sutherland• Horsepower Real Estate
Boarding Facility with huge income potential, located 7 miles from Salem with easy I-5 access. Dual living opportunity here with two homes. 60X120 enclosed arena and 48 matted stalls, tack rooms, hay storage (stalls located in arena barn and 2nd barn). 150X300 fenced outdoor arena, 13 pasture turnouts with room for more. Property is flat and usable with mountain views. Grow hay on the 15 acre hay field that has produced between 27 to 36 tons of hay.
RMLS #20607655
Nov 18, 2020
Relisted
—
Nov 17, 2020
Sold
$715,000
$236/sq ft
Aug 22, 2020
Relisted
—
Jan 27, 2020
Listed
$749,000
$248/sq ft
WVMLS #756440
Nov 14, 2019
Listing Removed
—
Nov 14, 2019
Listed
$749,000
$248/sq ft
WVMLS #731138
Dec 12, 2018
Listing Removed
—
Oct 15, 2018
Price Changed
$699,000
$231/sq ft
Oct 12, 2018
Price Changed
$745,000
$246/sq ft
Sep 21, 2018
Relisted
—
Jun 8, 2018
Contingent
—
Apr 6, 2018
Listed
$750,000
$248/sq ft
Public Records
Apr 18, 2001
Sold
$239,000
$79/sq ft
Public Records
Sep 16, 1998
Sold
$115,000
$38/sq ft
Public Records
Dec 31, 1996
Sold
$115,000
$38/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,846 (+3.1%)
2024
$3,731 (+5.8%)
2023
$3,525 (+3.4%)
2022
$3,410 (+2.5%)
2021
$3,326 (+3.0%)
2020
$3,228 (+9.4%)
2019
$2,952 (−1.4%)
2018
$2,995 (+664.0%)
2010
$392
2009
$392
Tax history for 8505 Marion Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,846 (+3.1%)
2024
$3,731 (+5.8%)
2023
$3,525 (+3.4%)
2022
$3,410 (+2.5%)
2021
$3,326 (+3.0%)
2020
$3,228 (+9.4%)
2019
$2,952 (−1.4%)
2018
$2,995 (+664.0%)
2010
$392
2009
$392
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
4
Baths
3
Stories
1
Lot width
—
Lot depth
—
Lot size
11.89 Acres
Year renovated
1992
Sq. Ft.
2,956
Year built
1940
Style
Other
County
Marion County
APN
531082
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 31, 2026.
EFU
Exclusive Farm Use District
The purpose of the EFU exclusive farm use zone is to provide areas for continued practice of commercial agriculture. It is intended to be applied in those areas composed of tracts that are predominantly high-value farm soils as defined in OAR 660-033-0020(8). These areas are generally well suited for large-scale farming. It is also applied to small inclusions of tracts composed predominantly of non-high-value farm soils to avoid potential conflicts between commercial farming activities and the wider range of non-farm uses otherwise allowed on non-high-value farmland. Moreover, to provide the needed protection within cohesive areas it is sometimes necessary to include incidental land unsuitable for farming and some pre-existing residential acreage.; To encourage large-scale farm operations the EFU zone consolidates contiguous lands in the same ownership when required by a land use decision. It is not the intent in the EFU zone to create, through land divisions, small-scale farms. There are sufficient small parcels in the zone to accommodate those small-scale farm operations that require high-value farm soils. Subdivisions and planned developments are not consistent with the purpose of this zone and are prohibited.; To minimize impacts from potentially conflicting uses it is necessary to apply to non-farm uses the criteria and standards in OAR 660-033-0130 and in some cases more restrictive criteria are applied to ensure that adverse impacts are not created.; The EFU zone is also intended to allow other uses that are compatible with agricultural activities, to protect forests, scenic resources and fish and wildlife habitat, and to maintain and improve the quality of air, water and land resources of the county.
Permitted uses
Include but are not limited to:
Agriculture
Jul 8, 2024 • Final
Residential electrical
Replace electrical service disconnects and install a new electrical subpanel.
Electrical
Jun 29, 2013 • Final
Residential electrical
Work on a reconnect.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.