Terra Buena — Salem, Marion County

A 93-homesite (plus 11 RV sites) age-restricted manufactured-home community on 11 acres in Salem. Affordable and low-maintenance — on the same land-lease model that demands a careful read.

93 + 11 RV
Sites
11 acres
Community
Land-lease
Model

A Compact Land-Lease Community in Salem

Terra Buena is a small age-restricted manufactured-home community — 93 homesites plus 11 RV sites on about 11 acres in Salem, Marion County. Like Meadowlark and Sundial, it runs on the land-lease model: you typically own the home and lease the lot. Entry prices for the home are low (roughly $70,000–$180,000), but the space rent is the cost that drives your real monthly budget.

Land-Lease Cost Structure

Home purchaseCash or chattel/manufactured-home loan (shorter term, higher rate than a mortgage)
Monthly space rentThe land lease — your dominant recurring cost. Verify the current figure and increase history with management.
Property taxTypically modest on the home (personal property); you don't pay tax on the leased land. Confirm the exact treatment.
UtilitiesAsk what's bundled into rent versus billed separately.

The RV Sites Tell You Something

A community that mixes manufactured homes with RV sites tends to skew toward affordability and flexibility rather than a polished, amenity-heavy lifestyle. That's neither good nor bad — but set expectations accordingly. If you want clubhouse-and-golf community living, Salemtowne or Summerfield is a different product. If you want the lowest-cost, low-maintenance footprint in Salem, Terra Buena is squarely in that lane.

Who Terra Buena Fits

It fits a cost-minimizing buyer who wants simple, single-level living in Salem and understands land-lease economics (no land equity, harder financing, limited appreciation). Marion County keeps healthcare and services close. It fits poorly for equity-focused buyers or those wanting resort-style amenities.

Looking at Terra Buena?

Before you sign, have someone read the lease. Get matched with a Salem specialist who will confirm space rent, increase history, and whether financing is even available on the home you want.

Get Matched With a Specialist