1840 REES HILL RD # 21 Salem, OR $ 299,900
1840 REES HILL RD # 21
$ 299,900
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1840 REES HILL RD # 21

Salem, OR, 97306
$ 299,900
Bedrooms2 Baths2.0 Sq 1,359

Monthly Estimate*

$ 1,847

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Condo for sale in Salem, OR

for $299,900 with 2 bedrooms and 2 full baths. This 1,359 square foot condo was built in 1989.

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. Come experience it for yourself.

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Condo Active

Price

$ 299,900

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 3,982

Style

Traditional

Year Built

1989

Town/City

Salem

County/Region

Marion

MLS | Web ID

212156194

Features
Interior
Interior Amenities EngineeredHardwood HighSpeedInternet Laundry VaultedCeiling WalltoWallCarpet WasherDryer
Total Stories 2
Window Features DoublePaneWindows
Total Bathrooms 2.0
Unit Location MainLevel
Total Bedrooms 2
Total Baths 2
1/2 Baths 0
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General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Composition
Appliances Cooktop Dishwasher Disposal FreeStandingGasRange FreeStandingRefrigerator GasAppliances Microwave StainlessSteelAppliance
HOA Fee 495.0
Garage Spaces 1.0
Architectural Style Traditional
Year Built 1989
Stories Count 1
Unit Number 21
Property Subtype Condominium
Tax Year 2025
Parcel Number 569824
Waterfront Features Lake
Assoc Fee Paid Per Monthly
County Marion
Property Type Residential
HOA Y
Full Baths 2
Status Active
Directions Commercial to Fairway to Rees Hill
High School Sprague
City Salem
Disclosures Disclosure
MLS Area _172
Listing Terms Cash Conventional FHA VALoan
Elementary School Liberty
Tax Annual Amount 3982.77
Middle/Junior High School Judson
Property Condition Resale
Virtual Tour https://show.tours/4V5ndYRX?b=0
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description CINNAMON LAKES CONDOMINIUM UNIT 21-U
ADU False
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Exterior
Exterior Amenities CoveredPatio Patio
Lot Features Trees
Water Source PublicWater
Total Parking 1.0
Garage Type Detached
Exterior Description CementSiding
Building Area Total 1359.0
Road Surface Type Paved
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Internal Only
Street Number 1 1840
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* Excluded Features
List By
Modern Realty

Broker

peter@petercutile.com

Email

Affordability Calculator

$2,178
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,847
Monthly Property Taxes
$332
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949366 Elementary School
1949712 Middle School
Sprague High School High School
Pricing History
DatePricePrice ChangeDescription
4/17/2026$299,900 Listed Price

Map


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1840 REES HILL RD # 21, Salem, OR, 97306 is a Condo for sale at $299,900 with 1,359 sqft. 1840 REES HILL RD # 21 has 2 bedrooms, 2.0 baths, and was built in 1989. The property's zip code is 97306 which is in Salem, OR