$485,000
1001 Indian Creek
Selma, OR 97538 · N/A
Down $15,000 from original list price $500,000.
Active337 days on market$328/sqft
Facts
Listing courtesy of John L Scott Real Estate Grants Pass, agent Jed Joling
Data last updated June 22, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
Welcome to nature's retreat! At the heart of this property sits a 1,479 Sq Ft timber framed home, exuding rustic elegance with T&G pine ceilings & exposed wood beams! Wood stove for heat & ambiance. Detached living space with potential for family, guests, or rental income. Attached to the living space is additional storage. The 3,500+ Sq Ft AG building/shop is perfect for housing equipment, vehicles, or hobbies! Property includes 11.8 acres of RR5 zoned land, offering potential for another home. Over 5 acres of meadows provide plenty of room to farm, garden, and more. A stately redwood tree adds a majestic touch to the landscape, while the surrounded wooded areas offer peace & privacy from neighbors. Enjoy the tranquility of Indian Creek, while also using irrigation rights. Previous farming did not use pesticides. Domestic water comes from a spring/cistern. Pond is great for irrigation & wildlife, including fish & birds. Near BLM! Owner carry with 50% down. Open to creative offers!
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $388,000 · $97,000 down · 30 year term
Monthly cash flow, cap rate, and cash-on-cash return at this price. Every number is an estimate you can adjust to your own financing and rent.
Estimate $2,425 ($2,050–$2,800) · starting estimate. Edit to your own number.
At $485,000 with 25% down, this property runs $989 per month negative. Adjust the price, down payment, or rent to find what works.
Estimates only, not investment advice or a guarantee of rent, value, or return. Figures depend on the numbers you enter and current market conditions. Verify with your lender, tax advisor, and a Ryan Realty broker before you rely on them.
We pull climate risk data from FEMA flood maps, the Deschutes County wildland-urban interface map, and NOAA heat trends. Detailed scoring for this property is on request.
Get the climate reportWe compute vacation rental projections from comparable short-term rentals in the same community, weighted by bed count, view, and amenities. A custom projection for this property is on request.
Get the rental projectionBrowse current listings with a full video tour. See the flow, the light, and the lot before you book a showing.
