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Price not disclosed

Cole Ln OR 97435

178.8 acres
Land

Property details

About Cole Ln

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, please contact listing agent with any questions. Bid considerations to begin at $1.1 million.

Highlights

Home typeLand
StatusActive
Lot size178.82 Acres
MLS #242933403
WaterfrontCreek
ViewCreek/Stream, Territorial, Trees/Woods

Summary

  • Attached Garage: No
  • Waterfront: Creek
  • View: Creek/Stream, Territorial, Trees/Woods
  • Lot: Private, Trees
  • 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
  • Lot Size: 178.82 Acres
  • MLS Number: 242933403
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: AFM Real Estate
  • Office Phone: (541) 505-3377
  • Listing Agent: Christopher Marshall

IDXThe 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 another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/1/2025, 10:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

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Tax history

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Nearby schools

2

Yoncalla Elementary / Middle School

Public District KG-6

5.7 mi

401 1st St

4

Oakland Elementary School

Public District KG-4

16.4 mi

499 NE Spruce St

4

Bohemia Elementary School

Public District KG-5

17.1 mi

721 S R St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $43,468. The majority of undefined, OR residents have income less than $<35k annually. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

43%
<35k
39%
35k-100k
16%
100k-200k
2%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

38%
Single, No Kids
8%
Single, with Kids
42%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
6%
12-17 yrs old
11%
18-34 yrs old
45%
35-64 yrs old
28%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • Figure SkatingFigure Skating
  • HuntingHunting

Where do the neighbors shop?

  • Dollar GeneralDollar General
  • Bass Pro ShopsBass Pro Shops
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • ApplebeesApplebees
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • GMCGMC
  • CadillacCadillac
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • Classic CountryClassic Country
  • OldiesOldies
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About Cole Ln

Active Listing: Cole Ln is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for Cole Ln are: Yoncalla Elementary / Middle School (GreatSchools Rating 2/10), Oakland Elementary School (GreatSchools Rating 4/10), Bohemia Elementary School (GreatSchools Rating 4/10), North Douglas Elementary / Middle School (GreatSchools Rating 6/10), Lincoln Middle School (GreatSchools Rating 7/10), Lincoln Middle School (GreatSchools Rating 5/10), North Douglas High School (GreatSchools Rating 3/10), Yoncalla High School (GreatSchools Rating 3/10), Elkton Charter School (GreatSchools Rating 7/10).

The property Cole Ln is 178.82 acres.

Features: 0 bathroom. It has been listed on Rocket Homes since July 30, 2025.

In July 2025, from all listings sold in undefined, OR there were more than 1 sold above asking price, over 0 sold below and more than 1 were sold right at the asked price. The number of listings in undefined, OR increased by 8.3% between June and July 2025. The median list price of listings available in July 2025 was $310,500, while the average time on the real estate market was 91 days.

From Rocket Homes Real Estate and based on county public records data.

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