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Data Last Updated: 04/30/2026 11:07 PT
MLS-linked model range (not an appraisal or lending value). Lower model error suggests a tighter band.
Model error about 29% (AI estimate).
$1,198,000
281days on marketSend a showing request for 4340 STATE HIGHWAY 38, Drain, OR, 97435.
Hand-routed to Nate Brantley, Principal Broker & Founder. Same-day reply during business hours.
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This home sits in Drain. The home was built in 1948, set into the rhythm of the neighborhood.
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.
Legal description
TRACT M&B V142 P47 (IN FIRE) SEE R36847 FOR BAL TL, ACRES 5.00
Walk Score data provided by Walk Score®