Last Sold Price
667,339 Lot Size15.32 Acres
550 Terrace Heights Rd, Selma, OR 97538

Description

Motivated Seller! Secluded mountain retreat spanning 15+ acres across 3 parcels, offering unparalleled privacy and breathtaking views! Featuring an impressive 30'x80' shop ideally suited for a home-based business, the property is serviced by a private well (8 GPM per Seller) and generator power, with a transformer conveniently located at the property line. The large developed flat presents an excellent opportunity for a future homesite. Step inside the shop to discover a fully equipped workspace...Motivated Seller! Secluded mountain retreat spanning 15+ acres across 3 parcels, offering unparalleled privacy and breathtaking views! Featuring an impressive 30'x80' shop ideally suited for a home-based business, the property is serviced by a private well (8 GPM per Seller) and generator power, with a transformer conveniently located at the property line. The large developed flat presents an excellent opportunity for a future homesite. Step inside the shop to discover a fully equipped workspace with ceiling-mount industrial-grade propane heaters and split AC units for optimal climate control. The bathroom onsite is complete with a toilet, sink, and shower featuring on-demand hot water. The Seller has previously inquired with Pac Power to establish public utility to the property. 2500-gallon water tanks and 40' spray-foam insulated cargo containers sold separately. Exceptional property where tranquility meets functionality. Experience the ultimate in mountain living. Don't miss this!
LISTING CLOSED: 03/29/2026 05:00 PM

  1. Listed by China Rose • Brokerage DRE #201238501 • eXp Realty, LLC
    P: (541) 951-9281 topbrokerrose@gmail.com
  2. Listed by Shauna Mayfield • Brokerage DRE #201241936 • eXp Realty, LLC
    P: (541) 250-0233 shauna.mayfield@exprealty.com

Property Details for 550 Terrace Heights Road

Status
MLS #
220195460
Days on Market
346
Taxes
$769 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land
Year Built
-
Lot Size
15.32 AC
Zoning Description
RR5

Location

Listing Courtesy of eXp Realty, LLC

Sold By eXp Realty, LLC

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Building Information for 550 Terrace Heights Road

Lot Size15.32 AC

Payment Calculator

$1,076 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,011

Property Taxes

$64

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 550 Terrace Heights Road

Summary
Location and General Information
  • Cross Street: Forest Creek Rd
  • Latitude: 42.221029
  • Longitude: -123.515422
  • Senior Community: No
Taxes and HOA
  • Additional Parcels Description: 38-07-34-B0-000118, R327518 & R327517
  • Additional Parcels: Yes
  • Association: No
  • Parcel Number: R327518
  • Tax Annual Amount: $769.36
  • Tax Lot: 106
  • Tax Map Number: 38S / 07W /34 / NW
  • Tax Year: 2022
School Information
  • Elementary School: Evergreen Elem
  • High School: Illinois Valley High
  • Middle Or Junior School: Lorna Byrne Middle
Parking
  • Garage: No
Property
Lot Information
  • Lot Features: Level, Sloped
  • Lot Size Acres: 15.32
  • Lot Size Area: 15.32
  • Lot Size Units: Acres
  • Lot Size Square Feet: 667339.2
Property and Assessments
  • Current Use: Vacant
  • Property Type: Land
Farm Information
  • Irrigation Water Rights: No
Utilities
  • Water Source: Private, Well
Interior and Exterior Features
Interior Features
  • Has Spa: No

Property History for 550 Terrace Heights Road

DateEvent & SourcePriceAppreciation
Mar 29, 2026

Sold

Oregon Data Share #220195460

$199,000
Feb 23, 2026

Pending

Oregon Data Share #220195460

Nov 11, 2025

Listed (Active)

Oregon Data Share #220195460

$265,000
DateEvent & SourcePrice
03/29/2026

Sold

Oregon Data Share #220195460

$199,000
02/23/2026

Pending

Oregon Data Share #220195460

11/11/2025

Listed (Active)

Oregon Data Share #220195460

$265,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 550 Terrace Heights Road

Taxable ValueLand-Additions-Total-
Tax Record2025$180 ($15 / month)
Home Facts
Beds0Lot Size222,156 SqFtStyleResidentialZoningRR5; RURAL RECountyJOSEPHINEAPN38-07-34-B0-000106

Schools near 550 Terrace Heights Road

This home is within Three Rivers Josephine County School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Evergreen Elementary School
PublicK to 4

Lorna Byrne Middle School
Public5 to 8

Illinois Valley High School
Public9 to 12

Kalmiopsis Community Arts High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 550 Terrace Heights Road, Selma, OR 97538
$199,000
667,339
1
1,352
225,641
$205,000
2
864
218,671
226,512
230,868
$171,000
2
768
438,649

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Compass and its related brokerages. Inc are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Copyright ©2026 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved.