1840 REES HILL RD #21, Salem, OR 97306 | MLS #212156194 | Cascade Hasson Sotheby’s International Realty
 
Listing provided courtesy of Modern RealtyMLS# 212156194MLS Provider
  • 74 days on site
  • 1 views

Step into effortless South Salem living ' well-kept, move-in-ready, and perfectly positioned in the sought-after Cinnamon Lakes community, where the natural setting is unlike anything else in this price range. Welcome home to 1840 Rees Hill Road SE #21, a single-level condo that offers immediate livability, a spectacular outdoor backdrop, and long-term flexibility to make it your own. The interiors are clean and comfortable ' well maintained carpet, newer paint, and updated bathroom flooring give the home a fresh, welcoming feel throughout. Step out onto the covered deck and the setting takes over completely. Three lakes stretch out behind the property, wildlife moves through daily, and the kind of natural quiet that most buyers have to pay significantly more to find unfolds right outside your door. This is a premium upstairs unit with one of the most coveted views in the community. The HOA at $495 per month covers exterior maintenance, landscaping, garbage, and insurance ' a genuinely comprehensive package that keeps daily living low-maintenance and long-term costs predictable. For buyers seeking single-level living in a scenic, established South Salem community with a view that overdelivers ' this is the opportunity. Entire complex scheduled for extensive renovation to include: new trex decking, roof, siding, paint, and windows. Come experience it for yourself.

Source: Regional MLS, MLS#: 212156194

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  • Property Type
    Residential

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  • Median Age
    38
  • Population Density
    969
  • College Educated
    51%
  • Estimated Median Income
    $71,775
  • Estimated Total Home Owners
    8,289
  • Estimated Total Renters
    4,098
  • Owner / Renter Divide
    67% / 33%
  • Estimated Average Household Size
    3
  • Total Population
    32,741
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
6/9/2026Source: Regional MLS Price Reduction
$289,900 -3.3%
4/17/2026Source: Regional MLS Added to Database
April 17, 2026