4340 STATE HIGHWAY 38, Drain, OR 97435 | MLS #534897888 | Berkshire Hathaway HomeServices Real Estate Professionals
 
Listing provided courtesy of Land and Wildlife LLC- MLS# 534897888MLS Provider

4340 STATE HIGHWAY 38Drain, OR 97435

Single Family · 3 Beds · 2 Full Baths · 2,300 Sq. ft. | 26.00 Acres
$1,198,000 Active

4340 STATE HIGHWAY 38 Overview

Time on Site:
340 days
Visits:
10

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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4340 STATE HIGHWAY 38 Facts & Features

  • Type Single Family
  • Sq. ft. 2,300
  • Price/Sq.ft. $521
  • Lot 26.00 Acres

Details

General

School Information

  • Elementary School: North Douglas
  • Middle Or Junior School: North Douglas
  • High School: North Douglas

Building Information

  • Year Built: 1948

Location/Region

  • Country: US
  • County Or Parish: Douglas
  • MLS Area Major: 265 - Douglas Co: North Douglas County

Tax Information

  • Tax Annual Amount: 2617.28
  • Tax Year: 2024

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional
  • Parcel Number: R36855
  • Property Condition: Resale
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Zoning: EFU

Interior

Parking Information

  • Garage Spaces: 2.0

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Partial: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 3

Building Interior

  • Building Area Total: 2300.0

General Information

  • Fireplace Features: Wood Burning
  • Fireplaces Total: 2
  • Heating: Other
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Covered,Other
  • Parking Total: 2.0

Lot Information

  • Lot Size Acres: 26.0
  • Lot Size Square Feet: 1132560.0
  • Road Surface Type: Paved
  • Water Source: Well

Waterfront/View

  • Water Body Name: Elk Creek
  • Waterfront Features: Creek

Building Exterior/Construction

  • Architectural Style: 1 Story,Ranch
  • Roof: Composition

General Information

  • Sewer: Septic Tank

4340 STATE HIGHWAY 38 Neighborhood

Community

97435 (DRAIN) Demographics

50
Median Age
22
Population Density (per sq. mile)
21%
College Educated
$54,583
Estimated Median Income
710
Estimated Total Home Owners
224
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4340 STATE HIGHWAY 38 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4340 STATE HIGHWAY 38 Market Data

Based on the last 30 days in this zip code

$409,500
Average List Price
$273
Average Price per Square Foot
2
Properties Sold
130
Average Days on Market
10
Properties for Sale
Calculations provided by Reliance Network

4340 STATE HIGHWAY 38 History

Date Event Value Agent
12/30/2025Source: Regional MLS Price Reduction
$1,198,000 -14.3%
9/16/2025Source: Regional MLS Price Reduction
$1,398,000 -3.3%
7/24/2025Source: Regional MLS Added to Database
July 24, 2025