Opportunity Knocks in Selma!
Welcome to 541 Lakeshore Drive — a 4.9-acre property brimming with potential in the heart of the Illinois Valley. Tucked among the trees and just a short distance from Lake Selmac. Lake Selmac offers access to a wide range of outdoor recreation including fishing, boating, kayaking, swimming, hiking, disc golf and lakeside picnicking.
The manufactured home is in rough condition and ready for your vision and renovation skills; or replace it a new home. Included on the property are a detached garage, storage shed, pumphouse, and three wells, providing great infrastructure for future development or off-grid living. Whether you're looking to build your dream homestead, flip an investment, or create a peaceful getaway near the lake, this rural gem is ready for its next chapter. Cash or rehab loan likely required. Bring your tools and imagination!
Closed
$138,000
541 Lake Shore Dr, Selma, OR 97538
3beds
2baths
1,568sqft
Manufactured On Land, Manufactured Home
Built in 1986
4.9 Acres Lot
$-- Zestimate®
$88/sqft
$1,706 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,706/mo
Zestimate® history
Owner options
List your home for rent
$1,706/mo
Rent Zestimate®
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$1,706/mo
Rent Zestimate®
Refinance and save
$883/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$883/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
eXp Realty, LLC 888-814-9613
Bought with:
Junction Realty
Source: Oregon Datashare,MLS#: 220204600
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Heat Pump
Cooling
- Heat Pump
Features
- Flooring: Carpet
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,568
- Total interior livable area: 1,568 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
Lot
- Size: 4.90 Acres
Details
- Parcel number: R327965
- Zoning description: Rr5; Rural Res 5 Ac
- Special conditions: Standard
- Horses can be raised: Yes
Construction
Type & style
- Home type: MobileManufactured
- Architectural style: Other
- Property subtype: Manufactured On Land, Manufactured Home
Materials
- Frame
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Location
- Region: Selma
Other
Other facts
- Body type: Double Wide
- Listing terms: Cash,Conventional,Private Financing Available
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2025 | Sold | $138,000-4.8%$88/sqft |
Source:  Oregon Datashare #220204600 Report a problem | ||
| 7/8/2025 | Pending sale | $145,000$92/sqft |
Source: Oregon Datashare #220204600 Report a problem | ||
| 6/24/2025 | Listed for sale | $145,000+9.8%$92/sqft |
Source: Oregon Datashare #220204600 Report a problem | ||
| 8/12/2024 | Sold | $132,000-20%$84/sqft |
Source: Oregon Datashare #220185717 Report a problem | ||
| 9/17/2014 | Sold | $165,000$105/sqft |
Source: Oregon Datashare #102949028 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2019 | $898 | $89,160 +3% |
| 2018 | $898 +1.9% | $86,570 +3% |
| 2017 | $881 +16.5% | $84,050 +3% |
| 2016 | $756 | $81,610 +5.7% |
| 2015 | $756 -19.9% | $77,220 -24.8% |
| 2014 | $944 +9.8% | $102,680 +8.6% |
| 2013 | $860 -5.2% | $94,540 -5.7% |
| 2012 | $906 +6.3% | $100,270 +3% |
| 2011 | $853 +35.5% | $97,350 +43.9% |
| 2005 | $629 | $67,630 |
Find assessor info on the county website
Neighborhood: 97538
Nearby schools
GreatSchools rating
- 6/10Evergreen Elementary SchoolGrades: K-4Distance: 7.2 mi
- 7/10Lorna Byrne Middle SchoolGrades: 5-8Distance: 7.3 mi
- 8/10Illinois Valley High SchoolGrades: 9-12Distance: 7.2 mi
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.
- Oregon
- Josephine County
- Selma
- 97538
- 541 Lake Shore Dr
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