4340 STATE HIGHWAY 38

Drain, 97435

  • 3 Bed

  • 2 Bath

  • 2300 SqFt

  • 54 DOM

  • Built: 1948

  • Status: Active

$1,398,000

Price cut: $48K (09-16-2025)

X

4340 STATE HIGHWAY 38

Drain 97435

$1398000

Price cut: $48K (09-16-2025)

  • 3 Bed

  • 2 Bath

  • 2300 SqFt

  • 54 DOM

  • Built: 1948

  • Status: Active

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Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

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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Residence Information

  • 0

  • 2300

  • 0

  • 2300

  • seller

  • 2300

  • 2/Gas

  • 3

  • 2

  • 0

  • 2

  • Composition

  • 2, Detached

  • Stories1,Ranch

  • Covered,Other

  • 1

  • 1948

  • No

  • Other

Features and Utilities

  • Other

  • SepticTank

  • Other, WoodBurning

Financial

  • 2617.28

  • 0

  • Cash,Conventional

  • 07-24-2025

  • No

  • No

Comparable Information

  • 54

  • 106

  • Cash,Conventional

  • $1,446,000

  • $1,398,000

  • Sep 16, 2025 13:20

Schools

Elementary : North Douglas N/A Ratings
Middle : North Douglas N/A Ratings
High : North Douglas N/A Ratings

Map

Listing courtesy of Land and Wildlife LLC.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Mohan Realty Group data last checked: Nov 07, 2025 14:21 | Listing last modified Sep 16, 2025 13:20. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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