Back 541 Lakeshore Drive
Off Market

541 Lakeshore Drive

Selma OR 97538

3
2
2
1568 sq. ft.
213444 sq. ft.
Other
Last sold for $138,000
Justin BurtonJustin Burton, last sold this property on 22 July 2025 after 27 days on market.

Overview

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!

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
1568 sq. ft. floor area
213444 sq. ft. lot size
Other

Estimated Value

Based on this property and similar 3 bedroom other properties sold in Selma over the last 12 months, the estimated median property value of 541 Lakeshore Drive is $375k.

Median value
$375k
Estimated value range
$138k - $450k
Median days on market
26
Estimated value trend
56%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Selma. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 541 Lakeshore Drive

2025
Sold
$138,000
22 Jul 2025 by Justin Burton
2024
Sold
$132,000
12 Aug 2024 by Ellie George, of Home Quest Realty
2014
Sold
$165,000
17 Sep 2014 by Elizabeth Newsted, of Century 21 Harris and Taylor Cave Junction

Happy sellers in Selma

~%

We have insufficient information to provide an overview of customer satisfaction for Selma. Viewing the agent profiles, reviews and sales for Selma can provide insights for this location.

Local market activity for 3 bedroom other properties in Selma

In the last 12 months, 5 three-bedroom other properties similar to 541 Lakeshore Drive, have been sold.

This represents a 25% decrease in three-bedroom other properties sales when compared to the previous 12 months.

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