4340 State Highway 38, Drain, OR 97435
Property image
Property image
FOR SALE
26.5 ACRES

$998,500

Original price: $1,198,000
  • 3 Beds
  • 2 Baths
  • 2,300 sqft (on 26.50 acres)

4340 State Highway 38, Drain, OR 97435

Home Highlights

Single-Family Home
26.5 acre lot
$434/sqft

Local Information

  • Map ViewExplore the area around 4340 State Highway 38.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

This single-family home is located at 4340 State Highway 38, Drain, OR. 4340 State Highway 38 is in Drain, OR and in ZIP code 97435. It is currently for sale and has been listed on Trulia for 74 days. This property is listed for $998,500. This property has 3 bedrooms, 2 bathrooms and approximately 2,300 sqft of floor space. This property has a lot size of 26.50 acres.
Last check for updates: about 13 hours ago
Listing courtesy of Timothy O'neil, (541) 480-3682
Land and Wildlife
Source: My State MLS, MLS#11555976

Home Details for 4340 State Highway 38

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2300 Square Feet
Heating & Cooling
No CoolingNo Heating
Fireplace & Spa
No Fireplace
View
No View

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
No Garage
Frontage
Not on Waterfront
Finished Area
Finished Area (above surface): 2300 Square Feet

Days on Market

Days on Market: 74

Property Information

Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Not a New Construction

Price & Status

Price
List Price: $998,500Price Per Sqft: $434

Active Status

MLS Status: Active

Location

Direction & Address
City: Drain
School Information
Elementary School District: 000000Jr High / Middle School District: 000000High School District: 000000

Agent Information

Listing Agent
Listing ID: 11555976

Building

Building Area
Building Area: 2300 Square Feet

HOA

No HOA

Lot Information

Lot Area: 26.50 acres

Offer

Listing Agreement Type: Exclusive

Rental Terms, Policies & Fees

Miscellaneous

Mls Number: 11555976Above Grade Unfinished Area: 2300

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 August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
9
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
0.09
Single-Family Home
$375,000
06/11/26
3
3
1,416
0.14
Single-Family Home
$263,000
01/15/26
3
2
1,236
0.20
Single-Family Home
$275,000
10/20/25
3
2
1,288
0.25
Single-Family Home
$340,000
12/05/25
3
2
1,146
0.35
Single-Family Home
$305,000
01/05/26
3
2
1,191
0.36
Single-Family Home
$275,000
11/07/25
3
2
1,399
0.21
Single-Family Home
$315,000
01/07/26
3
1
1,404
0.13
Single-Family Home
$295,000
04/23/26
3
1
1,008
0.11
Single-Family Home
$289,000
05/11/26
2
1
1,338

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
0.07
$314,000
3
2
1,295
Off Market
0.06
$80,000
1
1
798
Recently Sold
0.08
$324,200
3
2
1,960
Off Market
0.09
$375,000
3
2
1,416
Recently Sold
0.08
$224,700
3
1
1,176
Off Market
0.05
$318,300
3
2
1,557
Off Market
0.10
$220,000
2
1
802
Recently Sold
0.07
$247,000
3
2
1,404
Off Market
0.06
$285,900
3
2
1,310
Off Market
0.11
$289,000
2
1
1,338
Recently Sold
0.10
$216,600
3
2
1,350
Off Market

Price and Tax history

DateEventPrice
Sep 21, 2026
Source: My State MLS #11555976
PendingToActive
$998,500
Sep 4, 2026
Source: My State MLS #11555976
Contingent
$998,500
Aug 7, 2026
Source: My State MLS #11555976
PriceChange
$998,500
Price decreased by 17%
Jul 10, 2026
Source: My State MLS #11555976
Listed For Sale
$1,198,000
Jun 1, 2026
Source: Oregon Datashare #220207672
ListingRemoved
$1,198,000

LGBTQ Local Legal Protections

Timothy O'neil, Land and Wildlife
Agent Phone: (541) 480-3682

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New Listings near 4340 State Highway 38

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4340 State Highway 38, Drain, OR 97435 is a 3 bedroom, 2 bathroom, 2,300 sqft single-family home. This property is currently available for sale and was listed by My State MLS on Jul 10, 2026. The MLS # for this home is MLS# 11555976.