Price Reduction - Views - Primary on Main
Address
40235 Rainbow Dr, Scio, OR
Price
$ 615,000
Property Attributes
- MLS#642460667
- TypeSingle Family
- Listing Status Active
- CountyLINN
- CityScio
- Area221
- Zip97374
- StyleStories1,Ranch
- Year Built1970
- Taxes$ 4556
- Price$ 615,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1728
- Lot Size9.4 Acres
Data Source:
Regional Multiple Listing Service (RMLSOR)
Property Description
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!
| Elementary School | Middle School | High School |
|---|---|---|
| Centennial Elementary School | Scio Middle 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 |
General Features
| 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
Property vs Single Family Average in 97374
Price
Taxes
Year Built
Visits
All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by RMLSTM.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLSTM of Portland, Oregon. Real estate listings held by brokerage firms other than West Portland are marked with the RMLSTM logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLSTM, Portland, Oregon.
This content last updated on September 10, 2026 9:40 PM UTC at 4 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
