4340 STATE HIGHWAY 38 Drain, OR $ 1,398,000
4340 STATE HIGHWAY 38
$ 1,398,000
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4340 STATE HIGHWAY 38

Drain, OR, 97435
$ 1,398,000
Bedrooms3 Baths2.0 Sq 2,300

Monthly Estimate*

$ 8,722

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Single Family Home for sale in Drain, OR

for $1,398,000 with 3 bedrooms and 2 full baths. This 2,300 square foot home was built in 1948 on a lot size of 26.

26+/- acre estate with a 2300 sq ft, 3-bedroom, 2-bathroom home offering panoramic views and abundant wildlife including elk, deer, and bear. Features 0.50 miles of Elk Creek frontage with excellent trout and steelhead fishing, a leveled hay field, and robust infrastructure. Includes a gated, half-mile private drive, well, septic system, a 60x20 ft two-story equipment barn, a 40x60 ft two-story horse barn with eight stalls and a tack room, a recreational space, and a guest room with private bath. Landscape boasts mature cedar trees. Conveniently located near Highway 38, 40 minutes from coastal towns, and in the North Douglas High School District.

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Single Family Active

Price

$ 1,398,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 2,617

Style

Stories1,Ranch

Lot Size

26

Year Built

1948

Town/City

Drain

County/Region

Douglas

MLS | Web ID

534897888

Features
General
Sewer SepticTank
Heating Other
Roof Composition
Zoning EFU
Garage Spaces 2.0
Architectural Style Stories1 Ranch
Year Built 1948
Stories Count 1
Property Subtype SingleFamilyResidence
Tax Year 2024
Parcel Number R36855
Waterfront Features Creek
County Douglas
Property Type Residential
HOA N
Full Baths 2
Status Active
Directions Jack Creek Rd
High School North Douglas
City Drain
Body of Water Elk Creek
Disclosures Disclosure
MLS Area _265
Lot Size Square Feet 1132560.0
Listing Terms Cash Conventional
Elementary School North Douglas
Tax Annual Amount 2617.28
Middle/Junior High School North Douglas
Property Condition Resale
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description TRACT M&B V142 P47 (IN FIRE) SEE R36847 FOR BAL TL ACRES 5.00
ADU False
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Exterior
Parking Features Covered Other
Water Source Well
Total Parking 2.0
Garage Type Detached
Exterior Description Other
Building Area Total 2300.0
Lot Size Acres 26.0
Road Surface Type Paved
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Interior
Total Fireplaces 2
Fireplace Features WoodBurning
Total Bathrooms 2.0
Total Bedrooms 3
Total Baths 2
1/2 Baths 0
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Internal Only
Street Number 1 4340
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* Excluded Features
List By
Land And Wildlife Llc

Broker

tim@landandwildlife.com

Email

Affordability Calculator

$8,940
Per Month
98%
2%
0%
Monthly Principal & Interest
$8,722
Monthly Property Taxes
$218
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949775 Elementary School
1949470 Middle School
North Douglas High School High School
Pricing History
DatePricePrice ChangeDescription
9/16/2025$1,398,000 -3.32% Price Down
7/24/2025$1,446,000 Listed Price

Map


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4340 STATE HIGHWAY 38, Drain, OR, 97435 is a Single Family Home for sale at $1,398,000 with 2,300 sqft and a lot size of 26. 4340 STATE HIGHWAY 38 has 3 bedrooms, 2.0 baths, and was built in 1948. The property's zip code is 97435 which is in Drain, OR