Lancaster Dr NE, Salem, OR 97301
FOR SALE
0.4 ACRES

Lancaster Dr NE
Salem, OR 97301

Southeast Mill Creek

    $350,000

    Est. Mortgage $2,064/mo*
    Get Pre-Qualified

    $350,000

    Est. Mortgage $2,064/mo*
    Get Pre-Qualified
    (on 0.40 acres)

    Local Information

    Map showing home location
    © Google
    -- mins to
    Commute Destination

    Description

    This is a huge opportunity for someone looking to have a prime commercial property on one of the busiest parts of Lancaster Dr. City just rezoned to Mixed Use II (MU-II). Zoning allows for everything from Duplex, Triplex, Quadraplex, apartments, Residential Care Facility, Short Term Lodging, Non-profit shelters, Restaurant, day Care, and General Construction/repair facilities.

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    180+ days ago
    Last check for updates: about 3 hours ago
    Listing courtesy of Shane Matthews, (503) 400-5851
    HomeStar Brokers
    Source: RMLS (OR), MLS#125718676
    Also Listed on RMLS (OR).

    Home Details for Lancaster Dr NE

    Active Status

    MLS Status: Active

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Available, Natural Gas Available, Phone Available, Underground Utilities, Water Available
    Heating & Cooling
    No CoolingNo Heating
    View
    Has a ViewView: Pond, Territorial

    Exterior Features

    Parking & Garage
    No Attached Garage
    Frontage
    Waterfront: Lake, PondRoad Surface Type: Paved

    Days on Market

    Days on Market: 180+

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Building
    Not Attached Property
    Property Information
    Parcel Number: 529442Additional Parcels Description: 529454

    Price & Status

    Price
    List Price: $350,000

    Location

    Direction & Address
    City: Salem
    School Information
    Elementary School: MillerJr High / Middle School: HouckHigh School: North Salem

    Agent Information

    Listing Agent
    Listing ID: 125718676

    HOA

    No HOA

    Lot Information

    Lot Area: 0.40 acres

    Offer

    Listing Terms: Cash, Conventional, Owner Will Carry

    Miscellaneous

    Mls Number: 125718676Water ViewWater View: Pond

    Market trends in Salem

    Last updated April 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $418K
    $17    MoM
    Sale-to-List Price
    100.0%
    Price per sq ft
    $265
    $3    MoM
    Available listings
    699
    7    MoM

    Price History for Lancaster Dr NE

    DatePriceEventSource
    09/06/2025$350,000Listed For SaleRMLS (OR) #125718676

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    Comparable Sales for Lancaster Dr NE

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    894 Meadowlawn Dr SE, Salem, OR
    0.55
    Lot/Land
    $439,500
    05/29/26
    -
    -
    4585 Cranston St SE, Salem, OR
    0.36
    Lot/Land
    $40,000
    08/01/25
    -
    -
    Wagon Road Dr SE, Salem, OR
    1.30
    Lot/Land
    $157,500
    01/05/26
    -
    -
    5150 Delk Ln SE, Salem, OR
    1.65
    Lot/Land
    $325,000
    10/30/25
    -
    -
    5147 Delk Ln SE, Salem, OR
    1.65
    Lot/Land
    $360,000
    10/28/25
    -
    -
    Wagon Road Dr SE, Salem, OR
    1.70
    Lot/Land
    $157,500
    01/05/26
    -
    -
    3976 Cousteau Dr SE, Salem, OR
    2.11
    Lot/Land
    $185,000
    05/11/26
    -
    -
    1785 John Muir Cir SE, Salem, OR
    2.16
    Lot/Land
    $143,000
    06/09/25
    -
    -
    5027 Cordon Ln NE, Salem, OR
    2.43
    Lot/Land
    $370,000
    06/05/25
    -
    -

    Nearby homes

    Get a sense of prices in the area by checking nearby homes.
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    Assigned Schools

    These are the assigned schools for Lancaster Dr NE.
    View nearby schools on GreatSchools
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    Neighborhood Overview

    Southeast Mill Creek
    See Local Highlights
    Neighborhood stats provided by third party data sources.

    What Locals Say about Southeast Mill Creek

    At least 44 Trulia users voted on each feature.

    • 85 % Say car is needed

    • 84 % Say there are sidewalks

    • 82 % Say it's dog friendly

    • 79 % Say kids play outside

    • 75 % Say there's holiday spirit

    • 72 % Say yards are well-kept

    • 55 % Say parking is easy

    • 53 % Say it's walkable to grocery stores

    • 53 % Say it's quiet

    • 52 % Say streets are well-lit

    • 44 % Say they plan to stay for at least 5 years

    • 41 % Say it's walkable to restaurants

    • 35 % Say people would walk alone at night

    • 35 % Say neighbors are friendly

    • 30 % Say there's wildlife

    • 13 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • Trulia User
      "The area is very dog friendly, but many dog owners do not respect the leash laws and many dog owners are not courteous of other dog’s space."
      1
      Flag
    • Cchurch42010
      "Great place for kids to get out and play. There’s a small playground for the younger ones and a pool."
      2
      Flag
    • Millertheviking
      "Many homes have dogs but there are some complaints about barking issues. My dogs bark whenever they see someone approach our home or our neighbors’ and I notice the same reaction from other dogs. Otherwise, it’s a quiet area. We live at the end of a court so there is little traffic and the street is safe for children to play."
      20
      Flag
    • Poly h. 9.
      "the Reserve at Hawks Ridge is affordable, beautiful, well taken care of, nice neighborhood. 1 pool and 2 gyms, on site management, ample parking (permit only) plus street parking. partially gated community, updated units including washer and dryer in every unit."
      17
      Flag
    • Karga1825
      "quiet, good neighbors, stores are close, close to freeway but quiet, wide streets to park, nice place to live"
      5
      Flag

    LGBTQ Local Legal Protections

    Shane Matthews, HomeStar Brokers
    Agent Phone: (503) 400-5851
    The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. This content last updated on 2026-06-04 03:09:10 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
    Lancaster Dr NE, Salem, OR 97301 is a lot/land. Lancaster Dr NE is located in Southeast Mill Creek, Salem. This property is currently available for sale and was listed by RMLS (OR) on Sep 6, 2025. The MLS # for this home is MLS# 125718676.