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Land with Home for Sale in Molalla, Oregon

38903 S Prospect Dr, Molalla, OR 97038

$325,000
2.37 acres
Active sale
ago
Est $1,785/mo

Opportunities like this rarely come to market! What an incredible opportunity! This property has never been sold before and was the original first lot established on Prospect Dr.Situated on 2.37 acres along a quiet stretch in Molalla, the property offers sweeping, breathtaking views of the Willamette Valley. The land is the true highlight, featuring gently sloping terrain and a fully fenced yard-ideal for a small hobby farm, garden space, or simply enjoying open acreage framed by one of the area's most stunning vistas. From sunrise to sunset, the scenery provides a peaceful, expansive setting that feels distinctly Oregon.The existing four-bedroom, two-bath home is fully livable and offers a flexible single-level layout, though it would benefit from cosmetic updates. Natural light fills the main living areas, while the wraparound deck provides the perfect vantage point overlooking the valley below. A separate living area with its own entrance, kitchen, family room, and two additional bedrooms adds versatility for multi-generational living or guest accommodations.Whether you choose to renovate, rebuild, or enjoy the property as-is, this offering delivers space, privacy, and exceptional views that truly set it apart. Conveniently located near parks, outdoor recreation, and within easy reach of town amenities and commuter routes, it presents a rare combination of acreage, accessibility, and long-term potential.This is an as-is sale; the seller will make no repairs.

1,200
Sq feet
4
Beds
2
Full baths
1980
Built

Location

Street address
38903 S Prospect Dr
Elevation
750 feet
Coordinates
45.0435, -122.657

Property details

Acreage
2.37 acres
Zoning
EFU
MLS #
RMLS 484157764
Posted

Property taxes

Recent
$2,719

Parcels

  • 01127266

Legal description

Open houses

DateBeginsEndsAppt neededRemarks
Apr 17, 20264:00 PM6:00 PMNoBrian
Apr 18, 20261:00 PM3:00 PMNoBrian
Apr 19, 20261:00 PM3:00 PMNoBrian

Details and features

Listing

Type
Residential

Lot

View
Valley

Exterior

Pool
Deck, Porch
Features
Garden, Raised Beds, Tool Shed, Yard

Structure

Stories
1
Heating
Forced Air, Pellet Stove
Windows
Aluminum Frames

Interior

Rooms
Bathroom x 2, Bedroom x 4
Appliances
Builtin Oven, Cooktop, Pantry
Features
Ceiling Fan, Laundry, Vinyl Floor

Nearby schools

NameType
Scotts MillElementary
Scotts MillMiddle
SilvertonHigh

Listing history

DateEventPriceChangeSource
Apr 13, 2026New listing$325,000RMLS
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This 2.37-acre property is located at 38903 S Prospect Dr in Molalla, OR 97038. The property is available for sale for $325,000. It has a 1,200 sq ft 4 bedroom, 2 bath house built in 1980.

Checked 1 hour ago — Updated

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