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About This Home

This 4-bedroom, 2-bathroom single family at 38903 S PROSPECT Dr in Molalla, OR is listed for $325,000 ($271 per sqft). Built in 1980, the home offers 1,200 sqft of living space on a 2.37 acres lot.

Agent Description

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 add

s 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.

Key Features

  • Built in 1980
  • 2.37 acre lot

Property Details

1 story
2 full
1980

Amenities

View

Monthly Cost Estimate

$1,738/mo

20% down · 6.5% · 30 years

Principal$235
Interest$1,408
Insurance$95

Estimates only. Actual payments may vary.

Location

38903 S PROSPECT Dr

Molalla, OR 97038

Features & Amenities

Interior Features

CeilingFanLaundryVinylFloor

Exterior Features

DeckGardenPorchRaisedBedsToolShedYard

Property Details

Views

Valley

Pool Features

DeckPorch

Heating

Pellet StoveForced Air

Appliances

BuiltinOvenCooktopPantry

Questions & Answers

This 4-bedroom, 2-bathroom single family at 38903 S PROSPECT Dr is listed at $325,000 ($271/sqft). The estimated monthly payment is $1,408 based on 20% down at 6.5% interest.

Key features include: Built in 1980, 2.37 acre lot. Interior Features: CeilingFan, Laundry, VinylFloor. Exterior Features: Deck, Garden, Porch.

This property is listed by Nick Shivers and can be reached at 5033890821 or sold@nickshivers.com.

NS

Nick Shivers

Agent at eXp Realty, LLC

(503) 389-0821

Listed by eXp Realty, LLC · View on Broker Site

MLS# 484157764· Source: listhub· Updated 2 days ago

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

38903 S PROSPECT Dr, Molalla, OR 97038

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