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4340 State Hwy 38, 
Drain, OR 97435

$1,398,000

3

Beds

2

Baths

2,300

Sq Ft

Single Family

Active

Listed by

Timothy O'Neil

Land And Wildlife LLC.

866-559-3478

Last updated:

December 18, 2025, 03:46 PM

MLS#

220207672

Source:

OR SOMLS

About This Home

4340 State Hwy 38

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.

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1948

Price Summary

1,398,000

$607 per Sq. Ft.

MLS #:

220207672

Last Updated:

December 18, 2025, 03:46 PM

Added:

4 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,300 Sq. Ft.

Structure

Structure

Architectural Style:

Ranch

Building Area:

2,300 Sq. Ft.

Year Built:

1948

Lot

Lot Size (Sq. Ft):

217,800

Finances & Disclosures

Finances

Price:

$1,398,000

Price per Sq. Ft:

$607 per Sq. Ft.

Source:OR SOMLS
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Contact an Agent

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 Contact, 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 a 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.