297 Warren Rd, Selma, OR, 97538
About This Home
Set on 26.68 acres of scenic countryside, this unique property offers space, versatility, and stunning mountain views. Zoned SERP, the property features three separate 1-bedroom, 1-bath units, has 3 phase power, along with additional guest quarters, making it ideal for multi-generational living, rental income, or a private retreat. The land is a standout feature with 15 acres of water rights, three large ponds, and spring water, providing excellent potential for farming, gardening, or livestock. The acreage offers a beautiful blend of open space and natural surroundings, perfect for enjoying the peaceful rural lifestyle. For those looking to expand their investment or create a larger estate, this property can also be purchased with 147 and/or 252 Warren Rd, offering even more possibilities. With expansive views, valuable water rights, and multiple living spaces, this property presents a rare opportunity to own a versatile piece of land with incredible potential.
Getting Around
Car-Dependent
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Year built: 1971
Materials
- Foundation: Other
- Roof: Composition
- Construction materials: Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
Features
- Primary Downstairs
- Flooring: Other
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: None
- Cooling features: None
Interior Area
- Total structure area: 1,022
- Total interior livable area: 1,022 sqft
Property
Details
- Parcel number: R328021
- Zoning description: S; Serpentine
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: Mountain(s)
- Horses can be raised: Yes
Lot
- Lot size: 26.68 Acres
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Wildfire
- Inland Flooding
- Earthquake
- Heat Wave
- Landslide
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Josephine County and Oregon
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,275 | $27,300 |
| Home Insurance * | $112 | $1,344 |
| Property Taxes | $398 | $4,776 |
| Electricity | $176 | $2,119 |
| Total | $2,961 | $35,532 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-13 | Listed for sale | $450,000 |
View on Zillow