40235 Rainbow Dr

Scio, OR
$ 615,000 Beds 3 Baths 2 Sq 1,728
Monthly Estimate* How much can I afford?

Fully updated single story home and horse property on 9.4 acres of pasture, offering 3 bedrooms, 2 bathrooms, and 1,728 sqft with a partially finished basement. Recent updates include new roof, new interior and exterior paint, new vinyl plank flooring, new carpet, and fully updated kitchen and bathrooms. Interior features include built in bookshelves, a large laundry room, and a electric fireplace in the living room. Step outside to a covered deck and wrap around porch with beautiful views, perfect for enjoying peaceful country surroundings. The property includes a 60x36 insulated shop and barn, is fully fenced and landscaped, and offers plenty of room for animals, hobbies, and RV or boat storage. Additional upgrades include updated PEX plumbing and a 1500+ gallon water tank. A great opportunity for turnkey country living just minutes from town. Schedule your showing today!

Active

  • Price
  • $ 615,000
  • City
  • Scio
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • LINN
  • Half Bathrooms
  • 0
  • Area
  • 221
  • Lot Size
  • 9.4 Acres
  • Zip
  • 97374
  • Sqr Footage
  • 1,728
  • Year Built
  • 1970
  • Taxes
  • $ 4556
  • Style
  • Stories1,Ranch
  • MLS#
  • 642460667
Listed By: Real Broker - 541-619-1632
Data Source: Regional Multiple Listing Service (RMLSOR)

Features

General

Sewer StandardSeptic
Heating Baseboard
Cooling WindowUnit
Roof Composition
Appliances BuiltinOven,Dishwasher,Disposal
Zoning RR5
Architectural Style Stories1,Ranch
Year Built 1970
Stories Count 1
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number 0055851
County Linn
Property Type Residential
HOA No
Full Baths 2
Status Active
Directions Richardson Gap Rd
High School Scio
City Scio
Disclosures Disclosure
MLS Area _221
Lot Size Square Feet 409464.0
Listing Terms CallListingAgent,Cash,Conventional,USDALoan,VALoan
Elementary School Centennial
Tax Annual Amount 4556.62
Middle/Junior High School Scio
Property Condition Resale
Standard Status Active
Accessory Dwelling Unit Y/N No
ViewDescription Mountain,TreesWoods,Valley
Legal Description 11S01W1000
AttributionContact 541-619-1632
SeniorCommunityYn False
ADU False

Interior Features

Interior Amenities CeilingFan,LuxuryVinylPlank,WalltoWallCarpet
Basement CrawlSpace,PartiallyFinished
Total Fireplaces 1
Hot Water Electricity
Total Bathrooms 2.0
FuelDescription Electricity
Total Bedrooms 3
Total Baths 2

Exterior Features

Exterior Amenities Barn,CoveredDeck,CoveredPatio,Fenced,Outbuilding,Porch,RVParking,RVBoatStorage,Yard
Parking Features Driveway
Lot Features GentleSloping,Level,Pasture,Pond,Private,Trees
Water Source Well
Exterior Description LapSiding,WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 1728.0
Lot Size Acres 9.4
Road Surface Type Gravel

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Hillsboro, OR office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Centennial Elementary School
Middle School Scio Middle School
High School Scio High School

Price History

4/30/2026 Listed $699,999
6/13/2026 3% - $685,000
7/8/2026 3% - $665,000
7/28/2026 5% - $635,000
8/29/2026 4% - $615,000

Property vs Zip Code Average in 97374

Price
AVG $860K
$620K
Taxes
AVG $3,471
$4,556
Year Built
AVG 1975
1970
Visits
AVG 45
63
Data Provided by Inside Real Estate®

Areas That We Cover

40235 Rainbow Dr Scio, OR is a Single Family Home for sale at $615000 with 1728 sqft and a lot size of 9.4 Acres Acre(s). 40235 Rainbow Dr Scio has 3 bedrooms, 2 baths and was built in 1970. The property's zip code is 97374 which is in Scio, OR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.

Your Broker
Willa Myrman

Willa Myrman

971-371-3500

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