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
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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.
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#220229589Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 10:30 AM.
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