$25,000
Original price: $30,000
State Highway 38, Drain, OR 97435
Est. Mortgage $219/mo*
Get Pre-QualifiedHome Highlights
Lot/Land
0.51 acre lot
Local Information
-- mins to
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
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MLS Status: Active |
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Appliances & Utilities Utilities: Electricity Available |
Heating & Cooling No CoolingNo Heating |
View Has a ViewView: Creek/Stream, Mountain(s), Trees/Woods |
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Parking & Garage No Attached Garage |
Frontage WaterfrontWaterfront: CreekRoad Frontage: Public RoadRoad Surface Type: UnimprovedOn Waterfront |
Water & Sewer Water Body: Elk Creek |
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Days on Market: 108 |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Building Not Attached Property |
Property Information Parcel Number: R35967 |
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Price List Price: $25,000 |
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Direction & Address City: Drain |
School Information Elementary School: North DouglasJr High / Middle School: North DouglasHigh School: North Douglas |
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Listing Agent Listing ID: 278442057 |
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No HOA |
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Lot Area: 0.51 acres |
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Listing Terms: Cash, Conventional |
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Mls Number: 278442057Water ViewWater View: Creek/StreamAttribution Contact: sold@ashtonfaas.com |
Around this home
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.
Market trends in Drain
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
7
2MoM
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
| Date | Event | Price |
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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
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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New Listings near State Highway 38
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.

