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4340 State Hwy 38 Drain, OR $ 1,398,000
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$ 1,398,000 Get more info
4340 State Hwy 38
$ 1,398,000
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4340 State Hwy 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 5.

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, an approx 60x20 ft two-story equipment barn, a approx 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

Ranch

Lot Size

5

Year Built

1948

Town/City

Drain

County/Region

Douglas

MLS | Web ID

220207672
Features
General
Sewer Septic Tank
Heating Fireplace(s) Wood Other
Cooling Other
Roof Composition
Garage Spaces 2.0
Architectural Style Ranch
Construction Materials Unknown
Year Built 1948
View Territorial
Levels One
Property Subtype Single Family Residence
Tax Year 2024
County Douglas
New Construction N
Property Type Residential
HOA N
Attached Garage Y
Subdivision Name N/A
Garage Y/N Y
Other Structures Animal Stall(s) Barn(s) Shed(s)
Full Baths 2
Status Active
High School Check with District
City Drain
Senior Community Y/N N
Zoning Description EFU
Lot Size Units Acres
Lot Size Square Feet 217800.0
Carport Y/N N
Elementary School Check with District
Land Lease Y/N N
Tax Annual Amount 2617.28
Home Warranty Y/N N
Middle/Junior High School Check with District
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Accessory Dwelling Unit Y/N N
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Interior
Flooring Carpet Simulated Wood
Common Walls No Common Walls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Half Baths 0
Total Bedrooms 3
Total Baths 2
Heating-Wood True
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Exterior
Parking Features Asphalt Attached
Water Source Well
Lot Size Area 5.0
Foundation Details Other
Spa N
Building Area Total 2300.0
Lot Size Acres 5.0
Road Surface Type Paved
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 4340
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* Excluded Features
List By
Timothy O'Neil

Listing Agent

Land And Wildlife Llc

Broker

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
2915507 Elementary School
2915625 Middle School
Check with District High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/16/2025$1,398,000 -3.32% Price Down
8/14/2025$1,446,000 Listed Price

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4340 State Hwy 38, Drain, OR, 97435 is a Single Family Home for sale at $1,398,000 with 2,300 sqft and a lot size of 5. 4340 State Hwy 38 has 3 bedrooms, 2.0 baths, and was built in 1948. The property's zip code is 97435 which is in Drain, OR

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