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

$350,000

    Lancaster Dr NE, Salem, OR 97301

    Southeast Mill Creek
    Est. Mortgage $2,151/mo*
    Get Pre-Qualified

    Home Highlights

    Lot/Land
    0.4 acre lot

    Local Information

    • Map ViewExplore the area around Lancaster Dr NE.
    • Schools1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    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.
    Last check for updates: about 13 hours ago
    Listing courtesy of Shane Matthews, (503) 400-5851
    HomeStar Brokers
    Source: RMLS (OR), MLS#125718676

    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

    Neighborhood Overview

    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."
    • Cchurch42010
      "Great place for kids to get out and play. There’s a small playground for the younger ones and a pool."
    • 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."
    • 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."
    • Karga1825
      "quiet, good neighbors, stores are close, close to freeway but quiet, wide streets to park, nice place to live"

    Market trends in Salem

    Last updated August 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $441K
    $4.58K
    MoM
    Sale-to-List Price
    100.0%
    Price per sq ft
    $271
    $5
    MoM
    Available listings
    938
    50
    MoM

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    0.55
    Lot/Land
    $439,500
    05/29/26
    -
    -
    1.30
    Lot/Land
    $157,500
    01/05/26
    -
    -
    1.65
    Lot/Land
    $325,000
    10/30/25
    -
    -
    1.65
    Lot/Land
    $360,000
    10/28/25
    -
    -
    1.70
    Lot/Land
    $157,500
    01/05/26
    -
    -
    2.11
    Lot/Land
    $185,000
    05/11/26
    -
    -
    2.32
    Lot/Land
    $185,000
    08/17/26
    -
    -
    2.69
    Lot/Land
    $123,000
    10/17/25
    -
    -
    2.89
    Lot/Land
    $120,000
    07/02/26
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    0.00
    $350,000
    -
    -
    -
    For Sale
    0.10
    $425,000
    3
    2
    1,277
    Recently Sold
    0.11
    $375,400
    3
    1
    1,152
    Off Market
    0.13
    $415,000
    4
    2
    1,564
    Off Market
    0.14
    $456,200
    4
    2
    1,696
    Off Market
    0.12
    $426,100
    3
    2
    1,309
    Off Market
    0.16
    $393,300
    3
    2
    1,386
    Off Market
    0.18
    $399,500
    5
    2
    1,872
    For Sale
    0.18
    $304,600
    3
    1.5
    1,150
    Off Market
    0.19
    $380,000
    5
    2
    1,872
    Recently Sold
    0.18
    $349,100
    3
    2
    1,354
    Off Market

    Price and Tax history

    DateEventPrice
    Sep 6, 2025
    Source: RMLS (OR) #125718676
    Listed For Sale
    $350,000

    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 2026-09-15 13:29:18 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.

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    Frequently asked questions about Lancaster Dr NE

    • How big is Lancaster Dr NE?
      Lancaster Dr NE in Salem, OR is about 0.40 acres (17,424 sq ft).
    • What is the price per acre for Lancaster Dr NE?
      Lancaster Dr NE in Salem, OR is listed at $350,000, or about $875K per acre.
    • What do residents say about the Southeast Mill Creek neighborhood?
      Residents describe the Southeast Mill Creek neighborhood in Salem, OR as pedestrian-friendly, dog-friendly, and well-kept. See homes for sale in Southeast Mill Creek, Salem.
    • What are the closest schools to Lancaster Dr NE?
      The closest schools to Lancaster Dr NE in Salem, OR are Houck Middle School (rated 1/10), Miller Elementary School (rated 3/10), North Salem High School (rated 4/10).
    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.