Price cut $65K
$560,000
1/53 BD · 2 BA · 2,320 SF · 10.2 AC
5626 Lake Shore Drive
Selma, OR 97538
#220206021 01 / 18
For sale Price cut $50K on Sep 10Waterfront
$575,000
147 Warren Road
Selma, OR 97538 · N/A
- Beds
- 4
- Baths
- 1
- Sq ft
- 1,366
- Acres
- 54
- Built
- 1946
- $/SF
- $421
Est. $3,225/mo~260 min to downtown Bend (approx.)
Listing by Illinois Valley Real Estate · 541-592-4464
MLS# 220217087 · Active
01
About this home
PRICE REDUCTION! OWNER TERMS AVAILABLE! Don't miss this exceptional opportunity to own 53.95 acres of beautiful, versatile land with abundant water resources and breathtaking mountain views. The property includes 45 acres of water rights, two ponds, and Eight Dollar Creek flowing through the land. A charming 1946 farmhouse with 4 bedrooms and 1 bath offers an opportunity to update and make it your own while preserving its classic character. Additional features include 3-phase power, a unique 40 kW water wheel, and a barn for livestock, hay, or equipment storage. With expansive pasture, plentiful water, and beautiful rural surroundings, this property is ideal for horses, farming, livestock, or creating your own private country estate. Now offered at a reduced price with owner terms available! A rare opportunity to own a property with this combination of acreage, water resources, mountain views, and potential.
02
Ask about this home
AI
Ask about this home
AI answers are off right now. Text Cody the question and get a straight answer, usually within the hour.
AI answer from 541 Home Sales using listing data, not from the MLS. It can be wrong. Verify anything that matters with Cody before you rely on it.
03
Price history
Cut $50K| Date | Event | Price |
|---|---|---|
| Sep 10, 2026 | Price cut−$50,000 (8.0%) | $575,000 |
| Sep 28, 2026 | Listed for sale | $625,000 |
From the MLS: original list price and latest price change. 8 days on market.
04
Drive times
~260 min to downtown Bend- Mt. Bachelor~235 min · 200 mi
- Sunriver Village~240 min · 204.4 mi
- Old Mill District~259 min · 220.7 mi
- Downtown Bend~260 min · 221.5 mi
- St. Charles Bend~263 min · 224.5 mi
- Sisters~266 min · 227.5 mi
- Redmond Airport (RDM)~282 min · 241.6 mi
- Smith Rock State Park~291 min · 249.5 mi
Approx. Straight-line distance × 1.3 for roads, at in-town and highway speeds. No traffic, snow, or Hwy 97 construction. Ask Cody about real commute times.
05
Facts & features
Built 1946- Type
- Single Family Residence
- Year built
- 1946
- Lot
- 54 AC · 2,350,062 SF
- Price / SF
- $421
- HOA
- None reported
- Taxes
- $1,219/yr
- Subdivision
- N/A
- County
- Josephine
- Days on market
- 8
- MLS #
- 220217087
- Flooring
- Other
- Parking
- Driveway · RV Access/Parking
- View
- Mountain(s)
- Lot
- Pasture · Wooded · Water Feature
- Construction
- Frame
- Roof
- Composition
06
Location & schools
N/A42.2630° N · 123.6329° W
Directions- Elementary
- Evergreen Elem
- Middle
- Lorna Byrne Middle
- High
- Illinois Valley High
Assignments come from the listing broker and boundaries change. Verify with the school district before you count on them.
07
Monthly payment
$3,225/mo$3,225/mo
$460,000 loan · 30 yr fixed · 6.5%
- Principal & interest
- $2,908
- Property tax (listing)
- $102
- Home insurance (est.)
- $216
20% · $115,000
6.500%
Loan term
Estimate only. Taxes use the listing's reported amount when there is one; insurance is approximated. A lender can give you an exact number.
More
Similar homes in Selma
#220206021
Price cut $14K
$549,900
1/54 BD · 3 BA · 2,794 SF · 9.68 AC
2300 Thompson Creek Road
Selma, OR 97538
#220229079
$649,000
1/587.1 AC · Residential Lots
Redwood Highway #201
Selma, OR 97538
#220220307
New · 2d
$489,900
1/53 BD · 2 BA · 2,340 SF · 5.4 AC
259 Borica Drive
Selma, OR 97538
#220229589Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 11:31 AM.
© 2025 Oregon Data Share. All rights reserved. The content relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Oregon Data Share. Listings held by brokerage firms other than 541 Home Sales are marked with the Oregon Data Share logo, and detailed information about these properties includes the name of the listing firm and the email address or phone number provided by the listing participant. Some properties which appear for sale on this website may subsequently have sold or may no longer be available. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed.