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Agricultural Land with Home for Sale in Selma, Oregon

4240 Lake Shore Dr, Selma, OR 97538

$1,000,000
80 acres
Active
$100k drop
Est $4,933/mo

80 acres of exclusive Southern Oregon farmland minutes from Lake Selmac & Selma. Bordered by Deer Creek & Thompson Creek, with mountain views, vineyard, wildlife, farm & pastureland. Formerly a sheep farm, ideal for horses, cattle, crops, or recreation. With the size and how level the land is it could be used for all of it. Recently used for organic, biodynamic farming, with living soil beds ready to plant. Zoned EFU with Water rights to 68 acres, underground irrigation to 11-acre field, fenced & cross-fenced. The property also has a fully brand-new Red Steel building 50'x100x18' with 14' Insulated doors including R13 insulated walls and roof. A 12'x36' insulated lofted cabin with mini-split, 2 insulated shipping containers with mini-splits, and a 60'x40' barn. Owner Financing Available!

1,811
Sq feet
3
Beds
2
Full baths
1950
Built

Location

Street address
4240 Lake Shore Dr
Elevation
1,401 feet
Coordinates
42.2681, -123.5531

Directions

Lakeshore Dr passed Thompson Creek Rd on the right. Shortly after is mile marker 4 then the small Thompson Creek Bridge. You will see the home on the left as you go up the hill.

Property details

Acreage
80 acres
Zoning
Ef; Exclusive Farm
MLS #
SORMLS 220207681
Posted

Property taxes

2024
$402

Parcels

  • R3272782

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

View
Mountain, Panorama, Territorial

Exterior

Parking
Driveway, Garage, Gated, Heated, RV
Features
Fire Pit

Structure

Style
Ranch
Stories
1
Heating
Wood, Zoned
Cooling
Central Air
Materials
Frame
Roof
Composition

Interior

Rooms
Bathroom x 2, Bedroom x 3, Bonus Room, Dining Room, Family Room, Kitchen
Flooring
Carpet, Laminate, Vinyl
Appliances
Dishwasher, Dryer, Range, Refrigerator, Washer
Features
Ceiling Fan(s)

Listing history

DateEventPriceChangeSource
Nov 18, 2025Price drop$1,000,000$100,000 -9.1%SORMLS
Aug 15, 2025New listing$1,100,000SORMLS
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This 80-acre property is located at 4240 Lake Shore Dr in Selma, OR 97538. The property is available for sale for $1,000,000. It has a 1,811 sq ft 3 bedroom, 2 bath house built in 1950.

Checked 59 mins ago — Updated

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