$1,198,000
$248K PRICE DROP

4340 Oregon 38 Drain, OR 97435

Estimated payment $6,482/month

Total Views 5,991
3 Beds
2 Baths
2,300 Sq Ft
$521 Price per Sq Ft

Highlights

  • Barn
  • Territorial View
  • Engineered Wood Flooring
  • Horse Stalls
  • Ranch Style House
  • No HOA

About This Home

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.

Listing Agent

Timothy O'Neil

Land and Wildlife LLC License #200609263 Listed on: 08/14/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,617

Year Built

  • Built in 1948

Lot Details

  • 5 Acre Lot
  • Property is zoned EFU, EFU

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Composition Roof

Interior Spaces

  • 2,300 Sq Ft Home
  • Territorial Views

Flooring

  • Engineered Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Cooling Available
  • Space Heater
  • Heating System Uses Wood
  • Well
  • Septic Tank

Additional Features

  • Barn
  • Horse Stalls

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number R36855

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,617

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 5.0
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1948
  • Co List Office Phone: 866-559-3478
  • MLS Status: Active
  • General Property Information Elementary School: Check with District
  • General Property Information Middle Or Junior School: Check with District
  • General Property Information High School: Check with District
  • General Property Information:Zoning2: EFU
  • General Property Information Senior Community YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • General Property Information Accessory Dwelling Unit YN: No
  • General Property Information New Construction YN: No
  • Architectural Style Ranch: Yes
  • Common Walls:No Common Walls: Yes
  • Levels:One: Yes
  • Other Structures:Shed(s): Yes
  • Water Source:Well: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Other Structures:Barn(s): Yes
  • Flooring Simulated Wood: Yes
  • Heating Free-Standing: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Simulated Wood

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Unknown
  • Foundation Details: Other
  • Other Structures: Animal Stall(s), Barn(s), Shed(s)
  • Roof: Composition
  • View: Territorial
  • Patio And Porch Features: Covered, Patio
  • Patio and Porch Features:Patio: Yes
  • Patio and Porch Features Covered: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Asphalt, Attached
  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Asphalt: Yes

Utilities

  • Cooling: Other
  • Heating: Fireplace(s), Wood, Other
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Wood: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Check with District
  • High School: Check with District
  • Middle Or Junior School: Check with District

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 217800.0
  • Parcel #: R36855
  • ResoLotSizeUnits: Acres
  • Zoning Description: EFU

Tax Info

  • Tax Annual Amount: 2617.28
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2025 12/30/25 Price Changed $1,198,000 -14.3% $521 / Sq Ft
09/16/2025 09/16/25 Price Changed $1,398,000 -3.3% $608 / Sq Ft
08/14/2025 08/14/25 For Sale $1,446,000 -- $629 / Sq Ft
Source: Oregon Datashare

Source: Oregon Datashare

MLS Number: 220207672

Oregon Datashare

APN: R36855

Oregon Douglas County Drain 97435

4340 Oregon 38, Drain, OR

For Sale

Detached

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Nearby Homes
Timothy O'Neil
Listing Agent
Timothy O'Neil
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Land and Wildlife LLC
(458) 235-4627