4340 State Highway 38, Drain, OR 97435

Local realty services provided by:ERA Freeman & Associates, Realtors
4340 State Highway 38,Drain, OR 97435
$1,198,000
  • 3 Beds
  • 2 Baths
  • 2,300 sq. ft.
  • Single family
  • Active
Listed by: timothy o'neil
Office: land and wildlife llc.
MLS#:534897888
Source:PORTLAND

Price summary

  • Price:$1,198,000
  • Price per sq. ft.:$520.87

About this home

PRICED REDUCED - 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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Home facts

  • Year built:1948
  • Listing ID #:534897888
  • Added:158 day(s) ago
  • Updated:December 30, 2025 at 05:05 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:2,300 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1948
  • Building area:2,300 sq. ft.
  • Lot area:26 Acres

Schools

  • High school:North Douglas
  • Middle school:North Douglas
  • Elementary school:North Douglas

Utilities

  • Water:Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$1,198,000
  • Price per sq. ft.:$520.87
  • Tax amount:$2,617 (2024)
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than ERA Freeman & Associates, Realtors are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: December 30, 2025

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