Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$745,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,728 Sq. Ft.
See This Home
Save This Home
See This Home
Save This Home
40235 Rainbow Dr, Scio, ORVideo Tour of 40235 Rainbow Dr, Scio, OR.
Fully updated single story home & horse property on 9.4 acres w/ room for all your animals & hobbies! New roof, new interior/exterior paint, new vinyl plank flooring, new carpet. All new Kitchen & bathrooms! Built-in bookshelves, Large laundry room, 60x36 insulated shop! Fully fenced, landscaped, & room for RV/Boat storage. Plumbing updated to Pex. 1500+ water tank installed. Have your coffee each day from the wrap around porch with stunning views! Turnkey country living minutes to town!

Full Property Details for 40235 Rainbow Dr

General

  • Price: $745,000
  • Taxes: $4,350 (2024)
  • Status: Active
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 316030754
  • Updated: 12/22/2025
  • Added to Site: 86 day(s) ago

Interior

  • Interior Features: Luxury Vinyl Plank, Washer/Dryer, Water Softener
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Electric
  • Appliances: Built-in Range, Dishwasher, Free-Standing Refrigerator, Microwave

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main - Full Baths: 2

Bedrooms

  • Total Bedrooms: 3
  • Primary Bedroom: Main
  • Bedroom 2: Main
  • Bedroom 3: Main

Other Rooms

  • Living Room: Main
  • Family Room: Main
  • Kitchen: Main

Additional Information

  • Security/Safety: None

Exterior

  • Exterior Features: Covered Deck, Covered Patio, Fenced, Outbuilding, RV Parking, Yard

Parking

  • Parking Features: Driveway, RV Access/Parking

Location

  • County: Linn
  • Driving Directions: Richardson Gap Rd

School Information

  • Elementary School: Centennial
  • Middle School: Scio
  • High School: Scio

Community

  • Community Name: 221 - Linn County

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s)
  • Heating Type: Baseboard
  • Heating Fuel: Electricity

Utilities

  • Sewer: Standard Septic
  • Water: Well
  • Well: Yes

Structural Information

  • Property Detached: Yes
  • Architectural Style: 1 Story, Ranch
  • Roof: Composition, Shingle
  • Stories/Levels: 1
  • Square Feet: 1,728
  • Year Built: 1970
  • Property Condition: Approximately

Lot Features

  • Lot Size (Acres): 14.48
  • Lot Size (Sq. Ft.): 630,748
  • Lot Size: 10 to 19.99 Acres
  • Frontage: Gravel
  • Lot Features: Pasture, Private

Financial Considerations

  • Tax Amount: $4,350.42
  • Tax Year: 2024
  • Terms: Cash, Conventional, FHA, FMHA Loan, USDA Loan, VA Loan

Disclosures and Reports

  • Legal Description: 11S01W1000
  • Disclosures/Reports: Disclosure
  • Property ID: 55851

Listed by eXp Realty, LLC (888) 814-9613, Andrea Beem (541) 231-3109

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 40235 Rainbow Dr —

  • Andrea Beem

    eXp Realty, LLC

    888-814-9613

541-231-3109

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Schools serving 40235 Rainbow Dr

School District:Lebanon Community School District 9
NameGradesDistance
Lacomb School
34110 East Lacomb Road, Lebanon, OR 97355
K-84 mi
Lebanon High School
1700 South 5th Street, Lebanon, OR 97355
9-128.8 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 40235 Rainbow Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/22/2025
Price Reduced
$745,000
-1.84%
MLS
10/22/2025
Listed
$759,000
171.07%
MLS
2/01/2012
Sold
$280,000
—
Public Record
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.

Tax History for 40235 Rainbow Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,557
5%
$328,960
5%
2024
$4,350
3%
$312,620
3%
2023
$4,234
6%
$303,520
6%
2021
$3,976
-4%
$286,100
-3%
2022
$4,144
4%
$294,680
6%
2021
$3,976
3%
$277,770
3%
2019
$3,847
-48%
$269,680
3%
2018
$7,460
103%
$261,830
3%
2017
$3,674
2%
$254,210
3%
2016
$3,591
3%
$246,810
3%
2015
$3,471
2%
$239,630
3%
2014
$3,402
66%
$232,660
63%
2013
$2,045
—
$142,790
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 40235 Rainbow Dr

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by eXp Realty, LLC (888) 814-9613, Andrea Beem (541) 231-3109

Just Listed near 40235 Rainbow Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

2977 Winter Creek Rd SE, Jefferson, OR 97352 - Photo 1 Just Listed
$749,900

2977 Winter Creek Rd SE  Jefferson, OR 97352

  • Single Family
  • Active
  • Updated 9 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,232
    Sq. Ft.
Listed By: JAMES. HAUGE | Legacy Real Estate
778 E Jefferson St, Stayton, OR 97383 - Photo 1 Just Listed
$950,000

778 E Jefferson St  Stayton, OR 97383

  • Multi-Family
  • Active
  • Updated 3 days ago
Listed by SimpliHOM, Christy Cordova
1537 Western Pl, Stayton, OR 97383 - Photo 1 Just Listed
$389,900

1537 Western Pl  Stayton, OR 97383

  • Single Family
  • Active
  • Updated 9 hours ago
  • 3
    Beds
  • 1
    Total Bath
  • 1,008
    Sq. Ft.
Listed By: MATT. MAHONEY | Homestar Brokers
1289 Ankeny Rd, Jefferson, OR 97352 - Photo 1 Just Listed
$599,900
Open House

1289 Ankeny Rd  Jefferson, OR 97352

  • Single Family
  • Active
  • Updated 9 hours ago
  • 4
    Beds
  • 2
    Total Baths
  • 1,700
    Sq. Ft.
Listed By: NANCY. ROCHA ALLEY | Homesmart Realty Group

Price Reduced near 40235 Rainbow Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

965 N 4th Ave, Stayton, OR 97383 - Photo 1 Price Reduced
-$30,000 (-4.77%)
$599,000

965 N 4th Ave  Stayton, OR 97383

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 1
    Total Bath
  • 3,116
    Sq. Ft.
Listed by Berkshire Hathaway HomeServices NW Real Estate, Heidi Hazel
980 Fern Ridge Rd, Stayton, OR 97383 - Photo 1 Price Reduced
-$5,000 (-0.96%)
$514,900

980 Fern Ridge Rd  Stayton, OR 97383

  • Single Family
  • Active
  • Updated 4 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 3,125
    Sq. Ft.
Listed By: TARAH. FAIR | Realty One Group Willamette Valley
965 N 4th Ave, Stayton, OR 97383 - Photo 1 Price Reduced
-$30,000 (-4.77%)
$599,000

965 N 4th Ave  Stayton, OR 97383

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 2,216
    Sq. Ft.
Listed By: HEIDI. HAZEL | Berkshire Hathaway Homeservices Northwest Real Estate
1399 SE Twin Hills Rd, Jefferson, OR 97352 - Photo 1 Price Reduced
-$24,500 (-3.5%)
$675,000

1399 SE Twin Hills Rd  Jefferson, OR 97352

  • Single Family
  • Active
  • Updated 9 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 2,642
    Sq. Ft.
Listed by JMG - Jason Mitchell Group, Jodie Dodge

Recent Sales near 40235 Rainbow Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

40489 Oupor Dr, Scio, OR 97374 - Photo 1 Sold
$765,000

40489 Oupor Dr  Scio, OR 97374

  • Single Family
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 2,440
    Sq. Ft.
Listed By: LAURA. GILLOTT | Keller Williams Realty Mid-Willamette - Gillott Team and MACKENZIE. GREENLY | Keller Williams Realty Mid-Willamette - Gillott Team
Sold by LESLIE E. STEWART | Realty One Group Willamette Valley Stayton
35641 Meridian Rd, Scio, OR 97374 - Photo 1 Sold
$767,000

35641 Meridian Rd  Scio, OR 97374

  • Single Family
  • Sold
  • 3
    Beds
  • 2
    Total Baths
  • 1,736
    Sq. Ft.
Listed by Homecoin.Com, Jonathan Minerick
Sold by Non Rmls Broker, OR and WA Non Rmls
43188 Rodgers Mountain Lp, Scio, OR 97374 - Photo 1 Sold
$700,000

43188 Rodgers Mountain Lp  Scio, OR 97374

  • Manufactured Home
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 2,250
    Sq. Ft.
Listed By: ERIN. GILLINS | Horsepower Real Estate
Sold by CRISTIAN. MARTINEZ | Redfin
43188 Rodgers Mountain Loop, Scio, OR 97374 - Photo 1 Sold
$700,000

43188 Rodgers Mountain Loop  Scio, OR 97374

  • Manufactured Home
  • Sold
  • 3
    Beds
  • 2
    Total Baths
  • 2,250
    Sq. Ft.
Listed by Horsepower Real Estate, Erin Gillins
Sold by Redfin, Cristian Martinez

40235 Rainbow Dr, Scio, OR 97374 (MLS# 316030754) is a Single Family property with 3 bedrooms and 2 full bathrooms. 40235 Rainbow Dr is currently listed for $745,000 and was received on October 22, 2025. Want to learn more about 40235 Rainbow Dr? Do you have questions about finding other Single Family real estate for sale in Scio? You can browse all Scio real estate or contact a Coldwell Banker agent to request more information.

Tour this property