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$1,198,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 2,300 Sq. Ft.
  • 2 Car Garage
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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.

Full Property Details for 4340 State Hwy 38

General

  • Price: $1,198,000
  • Taxes: $2,617 (2024)
  • Status: Active
  • Type: Single Family
  • Source: ODS
  • MLS ID: 220207672
  • Updated: 12/30/2025
  • Added to Site: 186 day(s) ago

Interior

  • Rooms/Areas: Other
  • Flooring: Carpet, Simulated Wood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Asphalt, Attached
  • Parking: Primary Suite, Attached

Location

  • Area: 2300
  • County: Douglas
  • Subdivision: N/A

School Information

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

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Other
  • Heating Type: Fireplace(s), Wood, Other

Utilities

  • Sewer: Septic Tank
  • Water: Well
  • Well: Yes

Structural Information

  • Architectural Style: Ranch
  • Foundation: Other
  • Roof: Composition
  • Common Walls: No Common Walls
  • Stories/Levels: 1
  • Square Feet: 2,300
  • Sq. Ft. Source: Assessor
  • Living Area: 2,300 Sq. Ft.
  • Year Built: 1948

Additional Structures

  • Other Structures: Animal Stall(s), Barn(s), Shed(s)

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 5
  • Lot Size (Sq. Ft.): 217,800
  • Street/Road Desc.: Paved
  • Zoning: EFU

Financial Considerations

  • Tax Amount: $2,617.28
  • Tax Year: 2024
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: Real Estate Owned
  • APN: R36855
  • Section: Not Applicable

Listed by Land and Wildlife LLC (866) 559-3478, Timothy O'Neil (541) 480-3682

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Listing agent

— 4340 State Hwy 38 —

  • Timothy O'Neil

    Land and Wildlife LLC

    866-559-3478

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

Get Pre-Approved

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with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 4340 State Hwy 38

School District:North Douglas School District 22
NameGradesDistance
North Douglas Elementary School
100 North School Street, Drain, OR 97435
K-84.1 mi
North Douglas High School
305 South Main Street, Drain, OR 97435
9-124 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4340 State Hwy 38 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/30/2025
Price Reduced
$1,198,000
-14.31%
MLS
9/16/2025
Price Reduced
$1,398,000
-3.32%
MLS
8/14/2025
Listed
$1,446,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Land and Wildlife LLC (866) 559-3478, Timothy O'Neil (541) 480-3682

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4340 State Hwy 38, Drain, OR 97435 (MLS# 220207672) is a Single Family property with 3 bedrooms and 2 full bathrooms. 4340 State Hwy 38 is currently listed for $1,198,000 and was received on August 14, 2025. Want to learn more about 4340 State Hwy 38? Do you have questions about finding other Single Family real estate for sale in Drain? You can browse all Drain real estate or contact a Coldwell Banker agent to request more information.

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