Listed by: Vicki Carpenter · Beyond Real Estate Brokers

$739,000Price cut $60,000
  • 3 beds
  • 3 baths
  • 3,590 sqft

18248 Redwood Highway, Selma, OR 97538

Est. $4,073/moPayment calculator
  • Single Family ResidenceHome type
  • Built in 1945Year built
  • 3.11 acresLot
  • $206/sqftPrice per sqft
  • NoneHOA

About this home

  • Listed Apr 2, 2026
  • 183 days on market
  • 75 photos

Rare Rural Commercial compound with historic water rights (est.1993) on the Redwood Hwy. 3.11 acres, 4 structures, 2 tax lots, US-199 frontage, creek waterfront and two wells. RESIDENCE: 3,590 sqft Craftsman Ranch, 3bd/3 ba, hardwood floors, vaulted ceilings, butcher block counters. Finished 1,050 sqft basement with Regency propane stove, electric sauna, secondary well, superior water quality and mini split HVAC (3yrs.old) SMALL COMMERCIAL BLDG : AIRBNB READY w/ metal structure & upstairs studio. LARGE COMMERCIAL BLDG: Brand-new septic. Retail, workshop, restaurant, event space or ag use. BARN: Storage, livestock, workshop, or commercial conversion. Chicken coop w/60 free range chickens. -50 fruit trees, ample parking, glamping and camping potential. RC zoning allows residential, retail, lodging, office, agricultural simultaneously. Water rights (cert#68743, est.1933) among the oldest in the basin- irreplaceable. Two tax lots & 4 structures. One Extraordinary Opportunity

Facts & features

Interior

Bedrooms
3
Bathrooms
3
Full bathrooms
3
Living area
3,590 sqft
Levels
One

Features

  • Built-in Features
  • Ceiling Fan(s)
  • In-Law Floorplan
  • Linen Closet
  • Open Floorplan
  • Pantry
  • Primary Downstairs
  • Shower/Tub Combo
  • Soaking Tub
  • Stone Counters
  • Vaulted Ceiling(s)

Appliances

  • Cooktop
  • Dishwasher
  • Disposal
  • Dryer
  • Oven
  • Range
  • Refrigerator
  • Washer

Heating & cooling

  • Electric
  • Forced Air
  • Wood
  • Central Air

Flooring

  • Hardwood

Property

Lot size
3.11 acres
Subdivision
N/A

View

  • Forest
  • Mountain(s)
  • Neighborhood

Parking

  • Gated
  • Gravel
  • RV Access/Parking
  • Workshop in Garage

Construction

Home type
Single Family Residence
Property type
Residential
Year built
1945

Materials

  • Concrete
  • Frame
  • Composition roof

Utilities

Sewer & water

  • Septic Tank
  • Standard Leach Field
  • Well water

Community & HOA

Subdivision
N/A
HOA dues
None
County
Josephine

Financial & listing details

List price
$739,000
Original list price
$799,000
Price per sqft
$206
Annual property tax
$2,186
Date on market
Apr 2, 2026
Days on market
183
MLS#
220218413

Price & status history

DateEventPrice
Apr 2, 2026Listed for sale$799,000

Neighborhood

  • SubdivisionN/A
  • CitySelma, OR 97538
  • CountyJosephine

Payment calculator

Estimated monthly payment

$4,073/mo

  • Principal & interest$3,737
  • Property taxes$182
  • Homeowners insurance$154
  • HOA dues$0

Loan amount $591,200 · 30-year fixed at 6.5%

Down payment
Loan term

An estimate for planning, not a loan offer. The 6.5% rate is an example; ask a lender for today’s rate. Taxes use the listing’s annual tax amount. Insurance is estimated; mortgage insurance is not included.

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Listing provided by Beyond Real Estate Brokers · Listing agent: Vicki Carpenter

Source
MLS of Central Oregon
MLS#
220218413
Last updated
Sep 21, 2026 at 8:31 PM

Listing information is deemed reliable but not guaranteed and should be independently verified. Listings shown are for demonstration while our MLS of Central Oregon IDX feed is being set up.