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Sold
  • $1,284,378

    Cole Ln, Drain, OR 97435

    --beds
    0baths
    178.82Acres
    Unimproved Land
    Built in ----
    178.82 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

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    Zestimate® history
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    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: October 24, 2025 at 03:40am

    Listed by:

    Christopher Marshall 541-930-2087,

    AFM Real Estate

    Bought with:

    OR and WA Non Rmls, NA

    Non Rmls Broker

    Source: RMLS (OR),MLS#: 242933403MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Features
    • Has view: Yes
    • View description: Creek/Stream, Territorial, Trees/Woods
    • Has water view: Yes
    • Water view: Creek/Stream
    • Waterfront features: Creek
    • Body of water: Elk Creek
    Lot
    • Size: 178.82 Acres
    • Features: Gated, Merchantable Timber, Reproduced Timber, Level, Rolling Slope, Sloped, Acres 100 to 200
    Details
    • Additional parcels included: R36607,R36703
    • Parcel number: R36503
    • Zoning: FF
    • Special conditions: Auction

    Utilities & green energy

    • Utilities for property: Electricity Available

    Community & neighborhood

    Location
    • Region: Drain

    Other

    Other facts
    • Listing terms: Cash
    • Road surface type: Gravel, Paved

    Price history

    DateEventPrice
    10/23/2025Sold$1,284,378
    Source: RMLS (OR) #242933403 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 97435

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: North Douglas
    • Middle: North Douglas
    • High: North Douglas

    Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.