Tucked along a quiet, scenic country road just minutes from downtown Lebanon, this charming farmhouse offers the perfect blend of rural beauty and modern updates. Set on 6.44 usable acres, the property is fully fenced and cross-fenced, ideal for animals, gardening, or creating your dream hobby farm. Inside, you’ll find fresh interior paint, new carpet, and bamboo hardwood floors, along with upgraded fixtures throughout and high ceilings through portions of the home, creating a light, open feel.
Sold for $635,000
Listed by: Hybrid Real Estate • CHRISTINA CASTLE-REY • Contact: 541-870-7465
Bought with: Non-Member Sale
$635,000
40544 McDowell Creek Dr, Lebanon, OR 97355
3beds
1,728sqft
Single Family Residence
Built in 1925
6.44 Acres Lot
$639,700 Zestimate®
$367/sqft
$2,446 Estimated rent
Home value
$639,700
$608,000 - $672,000
$2,446/mo
Zestimate® history
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List your homeWhat's special
Open landPeaceful settingFresh interior paintRecent exterior paintSpacious formal dining roomBamboo hardwood floorsNewer windows
Zillow last checked:
Listing updated:
Listed by:
CHRISTINA CASTLE-REY 541-870-7465,
Hybrid Real Estate
Bought with:
NOM NON-MEMBER SALE
Non-Member Sale
Source: WVMLS,MLS#: 837501
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Dining room
- Features: Formal
Heating
- Heat Pump, Forced Air
Cooling
- Central Air
Appliances
- Included: Electric Range, Electric Water Heater
Features
- Office
- Flooring: Laminate
- Has fireplace: Yes
- Fireplace features: Stove
Interior area
- Total structure area: 1,728
- Total interior livable area: 1,728 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered Patio
- Exterior features: Blue
- Fencing: Fenced
- Has view: Yes
- View description: Territorial
Lot
- Size: 6.44 Acres
- Features: Irregular Lot
Details
- Additional structures: Barn(s), Shed(s)
- Parcel number: 00433447
- Zoning: Farm EFU
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Continuous
- Roof: Composition
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lebanon
Financial & listing details
- Price per square foot: $367/sqft
- Tax assessed value: $556,550
- Annual tax amount: $2,482
- Price range: $635K - $635K
- Date on market: 2/11/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,VA Loan,FHA
- Inclusions: Back Door
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2026 | Sold | $635,000-2.2%$367/sqft |
Source:  WVMLS #837501 Report a problem | ||
| 4/6/2026 | Pending sale | $649,000$376/sqft |
Source: WVMLS #837501 Report a problem | ||
| 3/27/2026 | Price change | $649,000-3%$376/sqft |
Source: WVMLS #837501 Report a problem | ||
| 3/20/2026 | Price change | $669,000-0.9%$387/sqft |
Source: WVMLS #837501 Report a problem | ||
| 2/11/2026 | Listed for sale | $675,000+92.9%$391/sqft |
Source: WVMLS #837501 Report a problem | ||
| 2/29/2008 | Sold | $350,000$203/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,482 +2.7% | $169,141 +3% |
| 2024 | $2,417 +3% | $164,221 +3% |
| 2023 | $2,346 +2.1% | $159,448 +3% |
| 2022 | $2,298 | $154,809 +3% |
| 2021 | -- | $150,305 +3% |
| 2020 | $2,155 +2.6% | $145,937 +3% |
| 2019 | $2,100 +2.6% | $141,692 +3% |
| 2018 | $2,047 | $137,573 +3% |
| 2017 | $2,047 +2.3% | $133,568 +3% |
| 2016 | $2,002 +2.4% | $129,687 +3% |
| 2015 | $1,954 +3.5% | $125,909 +3% |
| 2014 | $1,888 +7.3% | $122,246 +3% |
| 2013 | $1,759 +931.4% | $118,630 +3% |
| 2012 | $171 -89.9% | $115,190 +3% |
| 2011 | $1,683 +7.7% | $111,850 +3% |
| 2010 | $1,562 +5.6% | $108,610 +3% |
| 2009 | $1,480 | $105,467 +3% |
| 2008 | $1,480 -18.2% | $102,395 -18.3% |
| 2007 | $1,810 +55.9% | $125,382 +54.2% |
| 2006 | $1,161 +2.5% | $81,310 +3% |
| 2005 | $1,133 -0.6% | $78,942 +3% |
| 2004 | $1,139 +6.1% | $76,644 +3% |
| 2003 | $1,073 +9.2% | $74,413 +3% |
| 2002 | $983 | $72,233 +3% |
| 2001 | -- | $70,130 +3% |
| 2000 | -- | $68,088 |
Find assessor info on the county website
Neighborhood: 97355
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Nearby schools
GreatSchools rating
- 5/10Hamilton Creek SchoolGrades: K-8Distance: 4.2 mi
- 5/10Lebanon High SchoolGrades: 9-12Distance: 7.9 mi
Schools provided by the listing agent
- Elementary: Hamilton Creek
- Middle: Hamilton Creek
- High: Lebanon
Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$639,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$639,700
- Oregon
- Linn County
- Lebanon
- 97355
- 40544 McDowell Creek Dr
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