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Sold on 09/16/2025
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Cole Ln, Drain, OR 97435

  • $1,284,378

    Last sold 09/16/2025 after 49 Days

  • bed

  • bath

  • 178.82

    Acre ($7.18K/Acre)

Lot/Land not for sale
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About Cole Ln

Property type Lot/Land
Neighborhood
HOA fee $0/month
Lot size 178.82 Acre
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.
Listed by
Listing Agent - Christopher Marshall
Listing Office - AFM Real Estate
Source: RMLS mls logo
MLS#242933403 • last updated 6 months ago
Movoto checked RMLS for data 5 minutes ago
Overview
MLS # 242933403
Type Land
Status Pending
SubType Forest
Lot Size (SqFt) 7789399
Lot Size (Acres) 178.82
Property Tax 1978.3
Exterior
Lot Desc Gated, Merchantable Timber, Private Road, Reproduced Timber
Amenities / Utilities
Utilities Electricity Available
Location
Body of Water Elk Creek
View Creek/Stream, Territorial, Trees/Woods
Waterfront Creek
County Douglas
Area 265 - Douglas Co: North Douglas County
Elementary School North Douglas
Middle School North Douglas
High School North Douglas
Zoning FF
Directions 1-5 NB To Exit 150, N On 99 To Lane Ave. Left On Lane Ave, To Drain Section Rd To S Elk Creek
APN R36503
Lot/ Land Details
Road Surface Gravel, Paved
  • Oct 2025
    mls logo MLS # 242933403
  • Oct 24, 2025 Sold
    $1,284,378
  • Sep 16, 2025 Pending
  • Jul 29, 2025 Listed

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  • Real Estate
  • OR
  • Douglas County
  • Drain
  • 97435
  • Cole Ln
We are not permitted to show value estimates for this property.

Nearby recently sold homes in Drain, OR

  • Cole Ln
    $1.28M
  • 265 - Douglas Co: North Douglas County
  • 97435
    $289K -17% y/y
  • Drain
    $289K -24% y/y
No chart available
Statistics calculated by Movoto
6/10
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