4340 State Highway 38, Drain, OR 97435
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
4340 State Highway 38,Drain, OR 97435
$998,500
- 3 Beds
- 2 Baths
- 2,300 sq. ft.
- Single family
- Active
Listed by: timothy o'neil, marita benzel
Office: land and wildlife llc.541-480-3682
MLS#:534897888
Source:PORTLAND
Price summary
- Price:$998,500
- Price per sq. ft.:$434.13
About this home
Owner Will Carry: Golden opportunity here for all buyers. Our Seller has offered to carry the note on this beautiful property. Terms would be $300,000 down payment, Amortized over 30 years, with a balloon payment at the end of 5 years with an interest rate of 5% - 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:429 day(s) ago
- Updated:September 27, 2026 at 11:37 AM
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
- Architectural Style:1 Story, Ranch
- Levels:1 Story
Schools
- High school:North Douglas
- Middle school:North Douglas
- Elementary school:North Douglas
Utilities
- Water:Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$998,500
- Price per sq. ft.:$434.13
- Tax amount:$2,617 (2024)
Parking
- Total parking spaces:2
- Parking description:Covered
- Garage spaces:2
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