Homes for sale - COLE LN, Drain, OR 97435 – MLS#242933403

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Erick Prado

eprealestate365@gmail.com +1(503) 442-6336

Listed by AFM Real Estate

Est. payment | -/mo

178.82 Acres Lot

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Est. payment | -/mo

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178.82 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Forest

Listing Status Active

Purchase Type For Sale

MLS Listing ID 242933403

Annual Tax Amount $1,978

Tax Year 2024

Lot Size 178.820 Acres

Property Sub-Type Forest

Property 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.

Location

State OR

County Douglas

Area _265

Zoning FF

Exterior

Utilities Available ElectricityAvailable

Waterfront Description Creek

View Creek Stream, Territorial, Trees Woods

Garage No

Building

Lot Description Gated, Merchantable Timber, Private Road, Reproduced Timber

Schools

Elementary Schools North Douglas

Middle Schools North Douglas

High Schools North Douglas

Others

Acceptable Financing Cash

Listing Terms Cash

Regional Multiple Listing Service (RMLS)

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+1(503) 442-6336

eprealestate365@gmail.com

2175 NW Raleigh Street, ste 110, Portland, Oregon, 97210, USA

COLE LN Drain, OR 97435