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$1,590,000 Just Listed
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Property Description
Set on 42.70 private acres outside Lebanon, this custom brick home combines approximately 20 acres of pasture, 20 acres of timber, and a quarter mile of frontage along Hamilton Creek. A large barn, heated workshops, and fencing provide space for livestock, equipment, and a variety of outdoor pursuits. Inside, the 5,688 square foot home offers four bedrooms, four full bathrooms, and two half bathrooms. Custom walnut cabinetry, trim, crown molding, and staircases reflect the craftsmanship found throughout. Complemented by oak and marble flooring, stamped tin ceilings, and antique lighting and door fixtures sourced from historic Oregon buildings. The spacious kitchen features two stoves, two ovens, two refrigerators, stainless steel appliances, and extensive pantry storage. Formal and casual living areas include a marble fireplace, a brick fireplace with a heatilator, and floor to ceiling windows framing the surrounding landscape. The upstairs primary suite offers expansive views, a walk in closet, dual vanities, a walk in shower, and a clawfoot tub. Additional features include a main level bedroom with a private bathroom, a library, flexible bonus and office spaces, an indoor swim spa, a sauna, and an attached greenhouse with a potting area and sink. Outside, explore garden paths, extensive decking, and mountain and territorial views. An oversized three car garage, two wells, and zoned heating and cooling add everyday functionality. Located approximately eight miles from town and near Mallard Creek Golf Course. There isn't another home like this on the market, schedule your showing today!
Full Property Details
Full Property Details for 40450 Hilltop Dr
General
- Price: $1,590,000
- Taxes: $13,388 (2025)
- Status: Active
- Type: Single Family
- Source: WVMLS
- MLS ID: 844912
- Updated: Today (8/21/2026)
- Added to Site: Today
Interior
- Flooring: Carpet, Stone/Marble, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 4
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Pool: Yes
- Pool Description: In-ground Pool
Parking
- Garage Description: Attached
Location
- County: LINN COUNTY
- Driving Directions: From downtown Lebanon, head east on Santiam Hwy / US-20. Turn north on Sodaville Cutoff Dr, then turn east on Hilltop Dr. Continue to 40450 Hilltop Dr
School Information
- Elementary School: Hamilton Creek
- Middle School: Seven Oak
- High School: Lebanon
Heating & Cooling
- Heating/Cooling: Electric, Wood, Heat Pump
- Water Heater: Electric
Utilities
- Water: Well
Structural Information
- Roof: Composition
- Square Feet: 5,688
- Year Built: 1989
Lot Features
- Lot Size (Acres): 42.7
- Lot Size (Sq. Ft.): 186,001
- Zoning: ff
- Lot Description: 1100
Financial Considerations
- Price Per Sq. Ft.: $279.54
- Price Per Acre: $37,236.53
- Assessment Year: 1989
- Tax Amount: $13,388
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 1100
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Schools
Schools serving 40450 Hilltop Dr
School District:Lebanon Community School District 9
| Name | Grades | Distance |
|---|---|---|
Hamilton Creek School 32135 Berlin Road, Lebanon, OR 97355 | K-8 | 2.7 mi |
Lebanon High School 1700 South 5th Street, Lebanon, OR 97355 | 9-12 | 6.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40450 Hilltop Dr
Date
Details
Price
Change
Source
8/21/2026
Listed
$1,590,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 40450 Hilltop Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,388
2%
$941,050
3%
2024
$13,065
3%
$913,650
3%
2023
$12,704
7%
$887,040
6%
2021
$11,923
-4%
$836,130
-3%
2022
$12,440
4%
$861,210
6%
2021
$11,923
5%
$811,780
3%
2019
$11,397
3%
$788,140
3%
2018
$11,114
3%
$765,190
4%
2017
$10,761
2%
$735,700
3%
2016
$10,527
4%
$714,280
3%
2015
$10,166
23%
$693,480
28%
2014
$8,254
5%
$542,940
3%
2013
$7,870
—
$527,120
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40450 Hilltop Dr
40450 Hilltop Dr, Lebanon, OR 97355 (MLS# 844912) is a Single Family property with 4 bedrooms, 4 full bathrooms and 2 partial bathrooms. 40450 Hilltop Dr is currently listed for $1,590,000 and was received on August 21, 2026. Want to learn more about 40450 Hilltop Dr? Do you have questions about finding other Single Family real estate for sale in Lebanon? You can browse all Lebanon real estate or contact a Coldwell Banker agent to request more information.

