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    • Price cut: $10K (8/17)
    $689,900

    40875 Peoples Dr, Lebanon, OR 97355

    4beds
    4baths
    2,704sqft
    : 
    $4,755/mo
    Get pre-qualified
    Single Family Residence
    Built in 1980
    12.01 Acres Lot
    $691,700 Zestimate®
    $255/sqft
    $-- HOA

    What's special

    Grand dual-sided stone fireplaceWood stoveSpacious kitchenGenerous dining areaOversized mudroom
    Welcome to this beautifully maintained home on a flat, private 12-acre lot. Inside find a grand dual-sided stone fireplace & wood stove in the open living areas w/vaulted ceilings. Spacious kitchen w/expansive windows framing peaceful views. The main level incl. primary suite, generous dining area, oversized mudroom, and garage/storage area. Upstairs, incl remaining beds/baths, & bedroom w/built-in loft. property offers abundant opportunities w/ space for shop, RV & more.
    153 days
    |
    1,133
    |
    56
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Keller Williams Realty Mid-Willamette 541-738-7770

    Source: Oregon Datashare,MLS#: 220216927MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      Heating
      • Fireplace(s), Electric, Forced Air
      Cooling
      • None
      Appliances
      • Included: Cooktop, Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer, Water Heater
      Features
      • Open Floorplan, Soaking Tub
      • Flooring: Carpet, Tile, Vinyl
      • Basement: None
      • Has fireplace: Yes
      • Fireplace features: Living Room
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 2,704
      • Total interior livable area: 2,704 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Assigned, Driveway, Gravel, RV Access/Parking
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck
      • Exterior features: Dock
      • Has view: Yes
      • View description: Mountain(s), Panoramic, Territorial
      Lot
      • Size: 12.01 Acres
      • Features: Landscaped, Level, Wooded
      Details
      • Additional structures: Other
      • Parcel number: 0675492
      • Zoning description: F/F
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Concrete Perimeter
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1980

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Lebanon

      Financial & listing details

      • Price per square foot: $255/sqft
      • Tax assessed value: $749,840
      • Annual tax amount: $4,679
      • Date on market: 7/20/2026
      • Cumulative days on market: 153 days
      • Listing terms: Cash,Conventional,FHA
      • Inclusions: See Assoc Docs
      • Exclusions: See Assoc Docs
      • Road surface type: Gravel

        Estimated market value

        $691,700

        $657,000 - $726,000

        $3,066/mo

        Price history

        DateEventPrice
        8/17/2026Price change$689,900-1.4%$255/sqft
        Source: Oregon Datashare #220216927 Report a problem
        8/3/2026Price change$699,900-1.4%$259/sqft
        Source: WVMLS #838408 Report a problem
        7/20/2026Price change$709,900-2.8%$263/sqft
        Source: Oregon Datashare #220216927 Report a problem
        7/9/2026Pending sale$729,999$270/sqft
        Source: Oregon Datashare #220216927 Report a problem
        7/9/2026Contingent$729,999$270/sqft
        Source: WVMLS #838408 Report a problem
        6/24/2026Price change$729,999-3.9%$270/sqft
        Source: WVMLS #838408 Report a problem
        5/14/2026Price change$759,999-1.9%$281/sqft
        Source: Oregon Datashare #220216927 Report a problem
        3/12/2026Listed for sale$775,000+13.1%$287/sqft
        Source: Oregon Datashare #220216927 Report a problem
        8/19/2024Listing removed$685,000+1.9%$253/sqft
        Source: WVMLS #776173 Report a problem
        8/18/2021Sold$672,500-1.8%$249/sqft
        Source: RMLS (OR) #21280641 Report a problem
        6/26/2021Contingent$685,000$253/sqft
        Source: WVMLS #776173 Report a problem
        5/27/2021Listed for sale$685,000$253/sqft
        Source: WVMLS #776173 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,803 +2.7%$358,940 +3%
        2024$4,679 +3%$348,490 +3%
        2023$4,541 -6.9%$338,340 +3%
        2022$4,875 $328,490 +3%
        2021-- $318,930 +3%
        2020$4,572 +2.6%$309,650 +3%
        2019$4,455 +2.6%$300,640 +3%
        2018$4,343 $291,890 +3%
        2017$4,343 +2.3%$283,390 +3%
        2016$4,247 +2.4%$275,140 +3%
        2015$4,146 +5.1%$267,130 +3%
        2014$3,945 +7.6%$259,350 +3%
        2013$3,666 +912.7%$251,800 +3%
        2012$362 -89.9%$244,470 +3%
        2011$3,570 +7.7%$237,350 +3%
        2010$3,315 +5.6%$230,440 +3%
        2009$3,140 $223,737 +3%
        2008$3,140 +2.1%$217,221 +3%
        2007$3,075 +5.2%$210,895 +3%
        2006$2,924 +2.5%$204,753 +3%
        2005$2,853 -0.6%$198,790 +3%
        2004$2,869 +6.1%$193,001 +3%
        2003$2,703 +9.2%$187,381 +3%
        2002$2,475 $181,925 +3%
        2001-- $176,627 +3%
        2000-- $171,483
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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.
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        Climate risks

        Neighborhood: 97355

        Getting around

        0 / 100
        Car-Dependent
        2 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Lacomb School

        Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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