38903 S PROSPECT DR Molalla, OR $ 325,000
38903 S PROSPECT DR
$ 325,000
Recently Listed
Open House 4/17 4pm - 6pm
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38903 S PROSPECT DR

Molalla, OR, 97038
$ 325,000
Bedrooms4 Baths2.0 Sq 1,200

Monthly Estimate*

$ 2,001

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Single Family Home for sale in Molalla, OR

for $325,000 with 4 bedrooms and 2 full baths. This 1,200 square foot home was built in 1980 on a lot size of 2.37.

Opportunities like this rarely come to market! What an incredible opportunity! This property has never been sold before and was the original first lot established on Prospect Dr.Situated on 2.37 acres along a quiet stretch in Molalla, the property offers sweeping, breathtaking views of the Willamette Valley. The land is the true highlight, featuring gently sloping terrain and a fully fenced yard—ideal for a small hobby farm, garden space, or simply enjoying open acreage framed by one of the area’s most stunning vistas. From sunrise to sunset, the scenery provides a peaceful, expansive setting that feels distinctly Oregon.The existing four-bedroom, two-bath home is fully livable and offers a flexible single-level layout, though it would benefit from cosmetic updates. Natural light fills the main living areas, while the wraparound deck provides the perfect vantage point overlooking the valley below. A separate living area with its own entrance, kitchen, family room, and two additional bedrooms adds versatility for multi-generational living or guest accommodations.Whether you choose to renovate, rebuild, or enjoy the property as-is, this offering delivers space, privacy, and exceptional views that truly set it apart. Conveniently located near parks, outdoor recreation, and within easy reach of town amenities and commuter routes, it presents a rare combination of acreage, accessibility, and long-term potential.This is an as-is sale; the seller will make no repairs.

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Open House

4/17/2026 4:00 PM - 6:00 PM
4/18/2026 1:00 PM - 3:00 PM
4/19/2026 1:00 PM - 3:00 PM
38903 S PROSPECT DR Molalla, OR
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

$ 325,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 2,719

Style

Stories1,ManufacturedHome

Lot Size

2.37

Year Built

1980

Town/City

Molalla

County/Region

Clackamas

MLS | Web ID

484157764

Features
Interior
Interior Amenities CeilingFan Laundry VinylFloor
Basement CrawlSpace
Total Fireplaces 1
Fireplace Features PelletStove
Hot Water Electricity
Window Features AluminumFrames
Total Bathrooms 2.0
Total Bedrooms 4
Total Baths 2
1/2 Baths 0
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General
Sewer SepticTank
Heating ForcedAir PelletStove
Appliances BuiltinOven Cooktop Pantry
Zoning EFU
Garage Spaces 1.0
Architectural Style Stories1 ManufacturedHome
Year Built 1980
Stories Count 1
Property Subtype ManufacturedHomeonRealProperty
Tax Year 2025
Parcel Number 01127266
Accessibility BuiltinLighting MainFloorBedroomBath OneLevel
County Clackamas
Property Type Residential
HOA N
Full Baths 2
Status Active
Directions S Maple Grove Rd
High School Silverton
City Molalla
Disclosures Disclosure
MLS Area _146
Lot Size Square Feet 103237.0
Listing Terms Cash Conventional Rehab USDALoan VALoan
Elementary School Scotts Mill
Tax Annual Amount 2719.28
Middle/Junior High School Scotts Mill
Property Condition Resale
Virtual Tour www.zillow.com/view-imx/b7a2dedb-b5b9-4d7b-bb54-56b8d86cf8ec/?utm_source=captureapp
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 115 FRIENDS ORE COLONY LT 122
ADU False
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Exterior
Exterior Amenities Deck Garden Porch RaisedBeds ToolShed Yard
Parking Features Driveway
Lot Features GentleSloping Trees
Water Source Well
Total Parking 1.0
Exterior Description MetalSiding T111Siding
Building Area Total 1200.0
Lot Size Acres 2.37
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Internal Only
Street Number 1 38903
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* Excluded Features
List By
Exp Realty, Llc

Broker

503-389-0821

Contact

Affordability Calculator

$2,228
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,001
Monthly Property Taxes
$227
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
5360534 Elementary School
5360535 Middle School
Silverton High School High School
Pricing History
DatePricePrice ChangeDescription
4/13/2026$325,000 Listed Price

Map


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38903 S PROSPECT DR, Molalla, OR, 97038 is a Single Family Home for sale at $325,000 with 1,200 sqft and a lot size of 2.37. 38903 S PROSPECT DR has 4 bedrooms, 2.0 baths, and was built in 1980. The property's zip code is 97038 which is in Molalla, OR