Where open ground, water, mountain views, and working infrastructure come together, this approximately 80-acre Southern Oregon farm offers the freedom to shape the property around a wide range of agricultural and rural pursuits. Set in the Illinois Valley, the property includes a confirmed 68-acre water-right package supporting extensive irrigation infrastructure, including buried distribution, field risers, pond and spring features, and approximately 11 acres with underground irrigation. Fencing and cross-fencing add flexibility for livestock, pasture, hay, and other agricultural uses. A 5,000-SF insulated steel building provides exceptional equipment and storage capacity, complemented by livestock shelter and pens, greenhouse/grow infrastructure, and additional insulated storage. A functional 3-bedroom, 2-bath, 1,811-SF residence rounds out a property with the space and infrastructure to work, adapt, and make your own.
Active
$950,000
4240 Lake Shore Dr, Selma, OR 97538
3beds
2baths
1,811sqft
Farm
Built in 1950
80 Acres Lot
$936,600 Zestimate®
$525/sqft
$-- HOA
What's special
Fencing and cross-fencingMountain viewsAdditional insulated storagePond and spring featuresLivestock shelter and pensBuried distributionOpen ground
- 14 days
- 188
- 13
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Whitetail Properties Real Esta 406-209-8935
Source: Oregon Datashare,MLS#: 220227115
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Wood
Cooling
- Central Air
Appliances
- Included: Dishwasher, Oven, Range
Features
- Flooring: Carpet, Vinyl
- Basement: Partial,Unfinished
- Has fireplace: Yes
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,811
- Total interior livable area: 1,811 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Driveway, Garage Door Opener, Gravel, Heated Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
- Fencing: Cross Fenced,Perimeter,Wire,Fenced
- Has view: Yes
- View description: Mountain(s), Panoramic, Valley
- Waterfront features: Pond, Creek
Lot
- Size: 80 Acres
- Features: Pasture, Water Feature
Details
- Additional structures: Barn(s), Corral(s), Greenhouse, Shed(s), Storage
- Parcel number: R3272782
- Zoning description: Ef; Exclusive Farm
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Farm
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Septic Tank, Standard Leach Field
- Water: Well
Community & HOA
Location
- Region: Selma
Financial & listing details
- Price per square foot: $525/sqft
- Tax assessed value: $565,390
- Annual tax amount: $3,960
- Date on market: 8/27/2026
- Cumulative days on market: 15 days
- Listing terms: Cash,Conventional
- Inclusions: Rain-Flo irrigation pump
- Has irrigation water rights: Yes
- Road surface type: Paved
Estimated market value
$936,600
$890,000 - $983,000
$2,251/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2026 | Listed for sale | $950,000+1.1%$525/sqft |
Source: | ||
| 4/5/2026 | Listing removed | $940,000$519/sqft |
Source: eXp Realty #220207681 Report a problem | ||
| 3/19/2026 | Price change | $940,000-1.1%$519/sqft |
Source: | ||
| 2/10/2026 | Price change | $950,000-5%$525/sqft |
Source: | ||
| 11/18/2025 | Price change | $1,000,000-9.1%$552/sqft |
Source: | ||
| 8/14/2025 | Listed for sale | $1,100,000-7.9%$607/sqft |
Source: | ||
| 8/29/2023 | Listing removed | $1,195,000$660/sqft |
Source: | ||
| 7/20/2023 | Price change | $1,195,000-7.7%$660/sqft |
Source: | ||
| 6/12/2023 | Price change | $1,295,000-7.5%$715/sqft |
Source: | ||
| 4/20/2023 | Listed for sale | $1,400,000+139.3%$773/sqft |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/28/2019 | Sold | $585,000-1.7%$323/sqft |
Source: Public Record Report a problem | ||
| 6/27/2019 | Pending sale | $595,000$329/sqft |
Source: Owner Report a problem | ||
| 6/21/2019 | Listed for sale | $595,000-25.5%$329/sqft |
Source: Owner Report a problem | ||
| 2/27/2019 | Listing removed | $799,000$441/sqft |
Source: CENTURY 21 Harris & Taylor #2986350 Report a problem | ||
| 6/21/2018 | Listed for sale | $799,000+170.6%$441/sqft |
Source: CENTURY 21 Harris & Taylor #2986350 Report a problem | ||
| 10/7/2009 | Sold | $295,300-6.1%$163/sqft |
Source: Public Record Report a problem | ||
| 6/2/2009 | Sold | $314,328$174/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,546 +781.6% | $359,680 +548.7% |
| 2024 | $402 -87% | $55,450 -83.6% |
| 2023 | $3,085 +2.1% | $339,040 |
| 2022 | $3,023 -1.4% | $339,040 +6.1% |
| 2021 | $3,067 +821.2% | $319,590 +548.4% |
| 2020 | $333 +4.3% | $49,290 +3% |
| 2019 | $319 | $47,860 -85.5% |
| 2018 | $319 +1.7% | $330,960 +3% |
| 2017 | $314 -87.3% | $321,330 +3% |
| 2016 | $2,480 | $311,980 +7.8% |
| 2015 | $2,480 +5.7% | $289,410 +0% |
| 2014 | $2,347 +3% | $289,320 +11.1% |
| 2013 | $2,277 -12.6% | $260,430 -14% |
| 2012 | $2,605 +6.4% | $302,900 +2.7% |
| 2011 | $2,449 +1.3% | $294,970 +3% |
| 2010 | $2,417 +3.3% | $286,390 +3% |
| 2009 | $2,339 +121% | $278,054 +158.5% |
| 2008 | $1,058 +0.5% | $107,570 -4.1% |
| 2007 | $1,053 +2.5% | $112,150 +5.6% |
| 2005 | $1,027 +3.7% | $106,190 +2.7% |
| 2004 | $990 +10.7% | $103,390 -1.4% |
| 2003 | $895 | $104,860 +3.3% |
| 2002 | $895 +119248% | $101,490 +101390% |
| 2001 | $1 | $100 |
| 2000 | $7 | $100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 97538
Nearby schools
Schools provided by the listing agent
- Elementary: Evergreen Elem
- Middle: Lorna Byrne Middle
- High: Illinois Valley High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






