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.
Active
Price cut: $30K (6/24)
$729,999
40875 Peoples Dr, Lebanon, OR 97355
4beds
4baths
2,704sqft
Single Family Residence
Built in 1980
12.01 Acres Lot
$715,800 Zestimate®
$270/sqft
$-- HOA
What's special
Grand dual-sided stone fireplaceWood stoveSpacious kitchenGenerous dining areaOversized mudroom
- 118 days |
- 788 |
- 38 |
Zillow last checked:
Listing updated:
Listed by:
Keller Williams Realty Mid-Willamette 541-738-7770
Source: Oregon Datashare,MLS#: 220216927
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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: $270/sqft
- Tax assessed value: $736,190
- Annual tax amount: $4,679
- Date on market: 3/12/2026
- Cumulative days on market: 119 days
- Listing terms: Cash,Conventional,FHA
- Inclusions: See Assoc Docs
- Exclusions: See Assoc Docs
- Road surface type: Gravel
Estimated market value
$715,800
$680,000 - $752,000
$3,105/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Price change | $729,999-3.9%$270/sqft |
Source:  WVMLS #838408 Report a problem | ||
| 5/14/2026 | Price change | $759,999-1.9%$281/sqft |
Source:  Oregon Datashare #220216927 Report a problem | ||
| 3/12/2026 | Listed for sale | $775,000+13.1%$287/sqft |
Source: Oregon Datashare #220216927 Report a problem | ||
| 8/19/2024 | Listing removed | $685,000+1.9%$253/sqft |
Source: WVMLS #776173 Report a problem | ||
| 8/18/2021 | Sold | $672,500-1.8%$249/sqft |
Source:  RMLS (OR) #21280641 Report a problem | ||
| 6/26/2021 | Contingent | $685,000$253/sqft |
Source: WVMLS #776173 Report a problem | ||
| 5/27/2021 | Listed for sale | $685,000$253/sqft |
Source: WVMLS #776173 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 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 | -- | $171,483 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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
- 3/10Lacomb SchoolGrades: K-8Distance: 2.2 mi
- 5/10Lebanon High SchoolGrades: 9-12Distance: 8.9 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Linn County
- Lebanon
- 97355
- 40875 Peoples Dr
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