Cole Ln, Drain, OR 97435
SOLD
OCT 23, 2025

Cole Ln
Drain, OR 97435

    $1,284,378

    Last Sold: Oct 23, 2025
    Est. Refi. Payment $6,585/mo*
    Refinance Your Home

    $1,284,378

    Last Sold: Oct 23, 2025
    Est. Refi. Payment $6,585/mo*
    Refinance Your Home
    (on 178.82 acres)

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    Local Information

    Map showing home location
    © Google
    -- mins to
    Commute Destination

    Description

    BID SALE - LEGACY INVESTMENT OPPORTUNITYRare opportunity to acquire approximately 178 acres of generational, family-owned timberland located just outside the town of Drain in Douglas County, Oregon. This well-managed tree farm offers a compelling mix of long-term investment value, near-term income potential, and natural beauty. Set in a quiet rural area with both public and private road access, the property also includes a network of well-built and well-maintained interior roads, allowing for efficient access throughout.The land features primarily Douglas-fir on productive Site Class III soils. Staggered age classes provide a reliable flow of future harvests: approximately 106 acres were planted in 2006, following subsoiling believed to have enhanced early growth and stand productivity. An additional ±38 acres were planted in 2012, with roughly 35 acres dating back to 1990. The mix of stand ages sets the stage for sustainable, phased timber harvests over the short, mid, and long term. Roughly 90% of the acreage is suitable for ground-based logging, minimizing operational costs and maximizing harvesting flexibility.Beyond its forestry value, the property also includes frontage on Elk Creek, offering scenic natural features and supporting a wide range of wildlife, from deer and bear to birds and small game. The landscape and location make it a candidate for a large tract forest dwelling or recreational retreat, subject to appropriate approvals. Whether you’re an investor, conservation-minded buyer, or looking to secure a legacy property with timber income potential, this tract presents a rare and valuable opportunity.Buyers are responsible for conducting their own due diligence into all aspects of the property, including zoning, land use, and potential building opportunities. This property is being offered for sale via sealed bid, Bid considerations to begin at $1.1 million.
    This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from October 24, 2025

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    180+ days ago
    Last check for updates: about 10 hours ago
    Listed by Christopher Marshall, (541) 930-2087
    AFM Real Estate
    Bought with: OR and WA Non Rmls, Non Rmls Broker
    Source: RMLS (OR), MLS#242933403

    Home Details for Cole Ln

    Active Status

    MLS Status: Sold

    Interior Features

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

    Exterior Features

    Parking & Garage
    No Attached Garage
    Frontage
    WaterfrontWaterfront: CreekRoad Frontage: Private RoadRoad Surface Type: Gravel, PavedOn Waterfront
    Water & Sewer
    Water Body: Elk Creek

    Days on Market

    Cumulative Days on Market: 49

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Building
    Not Attached Property
    Property Information
    Parcel Number: R36503Additional Parcels Description: R36607, R36703

    Price & Status

    Status Change & Dates
    Off Market Date: Tue Sep 16 2025

    Location

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

    HOA

    No HOA

    Lot Information

    Lot Area: 178.82 Acres

    Listing Info

    Special Conditions: Auction

    Offer

    Listing Terms: Cash

    Miscellaneous

    Mls Number: 242933403Water ViewWater View: Creek/Stream

    Price History for Cole Ln

    DatePriceEventSource
    10/23/2025$1,284,378Sold
    RMLS (OR) #242933403
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    Comparable Sales for Cole Ln

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    200 Hedrick Creek Ave, Drain, OR
    2.75
    Lot/Land
    $50,000
    04/28/26
    -
    -
    728 Cemetery Rd, Drain, OR
    3.17
    Lot/Land
    $25,000
    12/18/25
    -
    -
    1st St, Yoncalla, OR
    5.65
    Lot/Land
    $30,000
    10/13/25
    -
    -
    Anne St #1, Yoncalla, OR
    5.73
    Lot/Land
    $53,000
    03/27/26
    -
    -
    Anne St #1, Yoncalla, OR
    5.74
    Lot/Land
    $53,000
    03/27/26
    -
    -
    Anne St #3, Yoncalla, OR
    5.74
    Lot/Land
    $55,000
    01/02/26
    -
    -
    Anne St #3, Yoncalla, OR
    5.76
    Lot/Land
    $55,000
    01/02/26
    -
    -

    Assigned Schools

    These are the assigned schools for Cole Ln.
    View nearby schools on GreatSchools
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    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

    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. "
      0
      Flag
    • 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"
      3
      Flag

    LGBTQ Local Legal Protections

    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 2026-05-07 15:39:08 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.

    Homes for rent near Cole Ln

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    Off Market Homes Near Cole Ln

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    Cole Ln, Drain, OR 97435 is a lot/land. This property is not currently available for sale. Cole Ln was last sold on Oct 23, 2025 for $1,284,378.