40235 Rainbow Dr, Scio, OR 97374
Property image
Property image
FOR SALE
3D VIEW
9.4 ACRES
Listed by BILLY SCOTT, Real Broker, (855) 450-0442

40235 Rainbow Dr
Scio, OR 97374

  • 3 Beds
  • 2 Baths
  • 1,728 sqft (on 9.40 acres)

$665,000

Original price: $685,000
Est. Mortgage $3,845/mo*

$665,000

Original price: $685,000
Est. Mortgage $3,845/mo*
3 Beds
2 Baths
1,728 sqft
(on 9.40 acres)

Local Information

  • Map ViewExplore the area around 40235 Rainbow Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination
Last check for updates: about 5 hours ago
Listing courtesy of BILLY SCOTT, (541) 619-1632
Real Broker
LAUREN JOINES
Real Broker
Source: WVMLS, MLS#840108
Also Listed on WVMLS, RMLS (OR).

Description

Fully updated single story home and horse property on 9.4 acres of pasture, offering 3 bedrooms, 2 bathrooms, and 1,728 sqft with a partially finished basement. Recent updates include new roof, new interior and exterior paint, new vinyl plank flooring, new carpet, and fully updated kitchen and bathrooms. Interior features include built in bookshelves, a large laundry room, and a electric fireplace in the living room. Step outside to a covered deck and wrap around porch with beautiful views, perfect for enjoying peaceful country surroundings. The property includes a 60x36 insulated shop and barn, is fully fenced and landscaped, and offers plenty of room for animals, hobbies, and RV or boat storage. Additional upgrades include updated PEX plumbing and a 1500+ gallon water tank. A great opportunity for turnkey country living just minutes from town. Schedule your showing today!

Home Highlights

Parking
No Info
Outdoor
Patio, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$385
Listed
70 days ago

Home Details for 40235 Rainbow Dr

Interior Features

Interior Details
Basement: Daylight,PartialNumber of Rooms: 4Types of Rooms: Master Bedroom, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1728 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Disposal, Electric Range, Microwave, Range Included, Electric Water HeaterDishwasherDisposalMicrowave
Heating & Cooling
Heating: BaseboardHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Baseboard
Fireplace & Spa
Fireplace: Electric, Family RoomHas a Fireplace
Windows, Doors, Floors & Walls
Flooring: Carpet
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Carpet
View
Has a ViewView: Mountain(s)

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: Covered Deck, Covered PatioFencing: FencedOther Structures: Barn(s), RV/Boat StorageFoundation: Continuous
Parking & Garage
No CarportNo GarageNo Attached GarageParking: No Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Septic Tank
Farm & Range
Does Not Include Irrigation Water Rights

Days on Market

Days on Market: 70

Property Information

Year Built
Year Built: 1970
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Wood Siding, Lap SidingNot a New ConstructionDoes Not Include Home Warranty
Property Information
Usage of Home: Pasture/Ranch

Price & Status

Price
List Price: $665,000Price Per Sqft: $385
Status Change & Dates
Possession Timing: COE

Active Status

MLS Status: ACTIVE

Location

Direction & Address
City: Scio
School Information
Elementary School: CentennialJr High / Middle School: ScioHigh School: Scio

Agent Information

Listing Agent
Listing ID: 840108

Building

Building Area
Building Area: 1728 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 9.4 Acres

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional, VA Loan, USDA Loan

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

BasementMls Number: 840108Attribution Contact: Cell: 541-619-1632

Market trends in Scio

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
14
2
MoM

Price History for 40235 Rainbow Dr

DatePriceEventSource
07/08/2026$665,000PriceChange
WVMLS #840108
06/12/2026$685,000PriceChange
WVMLS #840108
05/29/2026$699,999PendingToActiveRMLS (OR) #642460667
05/20/2026$699,999PendingRMLS (OR) #642460667
05/20/2026$699,999ContingentWVMLS #840108
05/15/2026$699,999PendingToActiveWVMLS #840108
05/06/2026$699,999ContingentWVMLS #840108
05/06/2026$699,999PendingRMLS (OR) #642460667
04/30/2026$699,999Listed For SaleWVMLS #840108
04/02/2026$745,000ListingRemovedeXp Realty #833333
12/22/2025$745,000PriceChange
WVMLS #833333
09/05/2025$759,000Listed For SaleWVMLS #833333
02/02/2012$280,000Sold
RMLS (OR) #10004431
11/01/2011$298,000PriceChange
Agent Provided
09/30/2011$325,000PriceChange
Agent Provided
08/27/2011$330,000PriceChange
Agent Provided
08/04/2011$335,000PriceChange
Agent Provided
07/13/2011$340,000PriceChange
Agent Provided
04/22/2011$345,000PriceChange
Agent Provided
04/01/2011$350,000PriceChange
Agent Provided
01/12/2011$359,000PriceChange
Agent Provided
08/07/2010$368,000PriceChange
Agent Provided
07/18/2010$378,000PriceChange
Agent Provided
06/05/2010$380,000PriceChange
Agent Provided
03/26/2010$385,000Listed For SaleAgent Provided

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Property Tax and Assessment

Year2024
Tax$4,350
Assessment$763,950
Home facts updated by county records

Comparable Sales for 40235 Rainbow Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.42
Single-Family Home
$694,900
10/06/25
4
3
2,312
0.95
Single-Family Home
$383,000
12/19/25
3
2
840
1.75
Single-Family Home
$765,000
08/18/25
3
2.5
2,440
2.03
Single-Family Home
$522,000
04/24/26
3
2
1,600
1.73
Single-Family Home
$1,190,000
10/07/25
3
3
2,476
2.10
Single-Family Home
$640,000
04/15/26
4
3
3,420
1.92
Single-Family Home
$1,190,000
10/07/25
3
3
2,476
2.73
Single-Family Home
$767,000
08/19/25
3
2
1,736

Nearby homes

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What Locals Say about Scio

At least 8 Trulia users voted on each feature.
  • 100 % Say yards are well-kept

  • 100 % Say parking is easy

  • 87 % Say there's wildlife

  • 83 % Say car is needed

  • 78 % Say there's holiday spirit

  • 78 % Say neighbors are friendly

  • 70 % Say kids play outside

  • 67 % Say it's dog friendly

  • 63 % Say it's quiet

  • 63 % Say people would walk alone at night

  • 54 % Say they plan to stay for at least 5 years

  • 40 % Say there are sidewalks

  • 38 % Say streets are well-lit

  • 36 % Say there are community events

  • 30 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Ashleykaneaster
    "I have lived in Scio for 11 years! It has always been such a great town with such great people! The schools are great."
  • Matt Hirschfelder
    "I work for Northwest Piano Service and love to tune and repair pianos for my clients here in Scio. It reminds me of my childhood in Montana. People stop to say hi and actually help each other out. Of course we have several community events each year across from the feed store."

LGBTQ Local Legal Protections

BILLY SCOTT, Real Broker
Agent Phone: (541) 619-1632
Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.
40235 Rainbow Dr, Scio, OR 97374 is a 3 bedroom, 2 bathroom, 1,728 sqft single-family home built in 1970. This property is currently available for sale and was listed by WVMLS on Apr 30, 2026. The MLS # for this home is MLS# 840108.