$759,000
18248 Redwood
Selma, OR 97538 · N/A
Down $40,000 from original list price $799,000.
Active80 days on market$402/sqft
Facts
Listing courtesy of Beyond Real Estate Brokers, agent Vicki Carpenter
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.
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
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $607,000 · $152,000 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 $3,800 ($3,225–$4,375) · starting estimate. Edit to your own number.
At $759,000 with 25% down, this property runs $1,353 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.
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