Surrounded by orchards and horse properties, this exceptional country retreat offers peaceful rural living. It consists of 3 tax lots: an extensively updated beautiful farmhouse on 3 acres with multiple outbuildings, fenced areas for livestock, a chicken coop, multiple fruit trees, a garden area and inviting outdoor space. In addition, there are 13.22 acres plus 4.23 acres of productive grass seed fields, all tucked away at the end of a quiet road. Perfect for hobby farming or a self-sufficient lifestyle.
For sale
Listed by: Re/Max Integrity Corvallis Branch
$960,000
34207 Pennington Ln, Lebanon, OR 97355
3beds
2,869sqft
Single Family Residence
Built in 1969
20.45 Acres Lot
$924,900 Zestimate®
$335/sqft
$-- HOA
What's special
Fenced areas for livestockChicken coopMultiple outbuildingsExtensively updated beautiful farmhouseInviting outdoor spaceGarden areaMultiple fruit trees
- 44 days |
- 582 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
REBECCA YU Direc:541-760-7380,
Re/Max Integrity Corvallis Branch
Source: WVMLS,MLS#: 840325
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Dining room
- Features: Area (Combination)
Heating
- Oil, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Electric Range, Built-In Range, Microwave, Convection Oven, Electric Water Heater
Features
- Office
- Flooring: Carpet, Vinyl
- Basement: Finished,Daylight
- Has fireplace: Yes
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 2,869
- Total interior livable area: 2,869 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, RV Access/Parking
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered Patio, Deck
- Fencing: Partial
- Has view: Yes
- View description: Territorial
Lot
- Size: 20.45 Acres
- Features: Dimension Above, Landscaped
Details
- Additional structures: Barn(s), Shed(s), Workshop, See Remarks
- Parcel number: 00066429
- Zoning: EFU
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Aluminum Siding, Lap Siding
- Foundation: Continuous, Slab
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1969
Details
- Warranty included: Yes
Utilities & green energy
- Sewer: Septic Tank
- Water: Well, Private/Community/Dist
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lebanon
Financial & listing details
- Price per square foot: $335/sqft
- Tax assessed value: $505,450
- Annual tax amount: $3,867
- Price range: $960K - $960K
- Date on market: 5/18/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: VA Loan,Cash,ODVA,FHA,Conventional
- Inclusions: Fridge, dishwasher, range, microwave, generator
Estimated market value
$924,900
$879,000 - $971,000
$3,255/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/18/2026 | Listed for sale | $960,000$335/sqft |
Source:  WVMLS #840325 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,409 +2.8% | $229,360 +2.8% |
| 2023 | $3,314 +2% | $223,068 +2.8% |
| 2022 | $3,251 +4.3% | $216,959 +2.8% |
| 2021 | $3,118 +1.9% | $211,022 +2.8% |
| 2020 | $3,059 +2.6% | $205,228 +2.9% |
| 2019 | $2,983 +2.5% | $199,375 +2.9% |
| 2018 | $2,909 | $193,695 +2.9% |
| 2017 | $2,909 +6.8% | $188,185 +9% |
| 2016 | $2,723 +9% | $172,569 +3.9% |
| 2015 | $2,499 +4.5% | $166,076 -9.1% |
| 2014 | $2,392 -3.8% | $182,763 +4.4% |
| 2013 | $2,487 +1058.5% | $175,133 +15.7% |
| 2012 | $215 -91.7% | $151,354 -14.7% |
| 2011 | $2,572 +2.7% | $177,440 +2.9% |
| 2010 | $2,505 +5.4% | $172,400 +2.9% |
| 2009 | $2,376 | $167,499 +2.9% |
| 2008 | $2,376 +2% | $162,739 +2.9% |
| 2007 | $2,328 +6.5% | $158,117 +2.9% |
| 2006 | $2,185 +1.8% | $153,629 +2.9% |
| 2005 | $2,147 +2.7% | $149,273 +2.9% |
| 2004 | $2,091 +7.7% | $145,042 +2.9% |
| 2003 | $1,942 +4.3% | $140,935 +17.5% |
| 2002 | $1,862 | $119,921 -13.9% |
| 2001 | -- | $139,267 +3% |
| 2000 | -- | $135,211 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 97355
Nearby schools
GreatSchools rating
- 5/10Pioneer SchoolGrades: K-5Distance: 2.2 mi
- 6/10Seven Oak Middle SchoolGrades: 6-8Distance: 4.8 mi
- 5/10Lebanon High SchoolGrades: 9-12Distance: 3.6 mi
Schools provided by the listing agent
- Elementary: Pioneer
- Middle: Seven Oak
- High: Lebanon
Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Linn County
- Lebanon
- 97355
- 34207 Pennington Ln
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