State Highway 38, Drain, OR 97435
Property image
Property image
FOR SALE
0.51 ACRES

$25,000

Original price: $30,000

    State Highway 38, Drain, OR 97435

    Est. Mortgage $219/mo*
    Get Pre-Qualified

    Home Highlights

    Lot/Land
    0.51 acre lot

    Local Information

    • Map ViewExplore the area around State Highway 38.
    • Schools1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    Over half an acre of water front property for only 30,000!?! That's right, this unique piece of property is waiting for someone to make it their own. The water is beautiful at this location whether it be swimming or fishing, the possibilities are endless. It is even zoned residential! Therefore, building your forever home right along the water may be possible! Please do research all uses of the property to make sure you can do what you'd like with it. Conveniently located only about 5 minutes from town. Come see it today before its gone!
    Last check for updates: about 9 hours ago
    Listing courtesy of Ashton Faas
    Faas Realty
    Source: RMLS (OR), MLS#278442057

    Home Details for State Highway 38

    Active Status

    MLS Status: Active

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Available
    Heating & Cooling
    No CoolingNo Heating
    View
    Has a ViewView: Creek/Stream, Mountain(s), Trees/Woods

    Exterior Features

    Parking & Garage
    No Attached Garage
    Frontage
    WaterfrontWaterfront: CreekRoad Frontage: Public RoadRoad Surface Type: UnimprovedOn Waterfront
    Water & Sewer
    Water Body: Elk Creek

    Days on Market

    Days on Market: 108

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Building
    Not Attached Property
    Property Information
    Parcel Number: R35967

    Price & Status

    Price
    List Price: $25,000

    Location

    Direction & Address
    City: Drain
    School Information
    Elementary School: North DouglasJr High / Middle School: North DouglasHigh School: North Douglas

    Agent Information

    Listing Agent
    Listing ID: 278442057

    HOA

    No HOA

    Lot Information

    Lot Area: 0.51 acres

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 278442057Water ViewWater View: Creek/StreamAttribution Contact: sold@ashtonfaas.com

    What Locals Say about Drain

    At least 4 Trulia users voted on each feature.
    • 100 % Say kids play outside

    • 89 % Say there's wildlife

    • 83 % Say people would walk alone at night

    • 83 % Say parking is easy

    • 83 % Say it's dog friendly

    • 80 % Say it's walkable to grocery stores

    • 80 % Say yards are well-kept

    • 75 % Say there's holiday spirit

    • 71 % Say neighbors are friendly

    • 60 % Say it's walkable to restaurants

    • 57 % Say they plan to stay for at least 5 years

    • 50 % Say it's quiet

    • 50 % Say streets are well-lit

    • 50 % Say there are sidewalks

    • 50 % Say car is needed

    Sourced by Trulia users. Learn more about our methodology.
    • Kariannpeck
      "Potlucks and people are friendly and we have parades and we have some amazing shops and restaurants are amazing. "
    • J
      "Love the little five lane bowling alley,, (which also sponsors, yoga, classes, murder mystery theater, etc,) the community swimming pool, library, martial arts, grocery store, US Bank, deli other eateries, even a pub, people love and support the local schools, churches, there is a dispensary, hair salon, liquor store so really no matter who you are, you could be here and never really have to leave to get every thing you need except clothing"

    Market trends in Drain

    Last updated July 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    Sale-to-List Price
    Price per sq ft
    Available listings
    7
    2
    MoM

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    0.51
    Lot/Land
    $1,284,378
    10/23/25
    -
    -
    3.17
    Lot/Land
    $50,000
    04/28/26
    -
    -
    3.60
    Lot/Land
    $25,000
    12/18/25
    -
    -
    3.88
    Lot/Land
    $102,500
    05/19/26
    -
    -
    6.15
    Lot/Land
    $65,000
    07/28/26
    -
    -
    6.15
    Lot/Land
    $30,000
    10/13/25
    -
    -
    6.10
    Lot/Land
    $31,000
    05/26/26
    -
    -
    6.10
    Lot/Land
    $31,000
    05/26/26
    -
    -
    6.15
    Lot/Land
    $55,000
    06/17/26
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    0.44
    $421,900
    3
    2
    1,752
    Off Market
    0.51
    -
    -
    -
    -
    Off Market
    1.05
    $539,100
    3
    2
    1,393
    Off Market
    1.12
    $405,500
    3
    2
    1,512
    Off Market
    1.24
    -
    -
    -
    -
    Off Market
    1.34
    $303,900
    3
    1
    2,187
    Off Market

    Price and Tax history

    DateEventPrice
    Jun 17, 2026
    Source: RMLS (OR) #278442057
    PriceChange
    $25,000
    Price decreased by 17%
    Jun 11, 2026
    Source: RMLS (OR) #278442057
    Listed For Sale
    $30,000

    LGBTQ Local Legal Protections

    Ashton Faas, Faas Realty
    The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. This content last updated on 2026-09-06 16:49:04 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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    State Highway 38, Drain, OR 97435 is a lot/land. This property is currently available for sale and was listed by RMLS (OR) on Jun 11, 2026. The MLS # for this home is MLS# 278442057.