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$775,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 2 Partial Baths
  • 2,704 Sq. Ft.

Listed By: PAUL. TERJESON | Keller Williams Realty -Albany | (541) 740-7752 and BRANDI. ELLIOTT | Keller Williams Realty Mid Willamette | (541) 844-5027 | Cell: 541-740-7752

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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.

Full Property Details for 40875 Peoples Dr

General

  • Price: $775,000
  • Taxes: $4,679 (2024)
  • Status: Active
  • Type: Single Family
  • Source: WVMLS
  • MLS ID: 838408
  • Updated: 3/12/2026
  • Added to Site: 33 day(s) ago

Interior

  • Flooring: Laminate, Luxury Vinyl Plank

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Parking

  • Garage Description: Attached

Location

  • County: LINN COUNTY
  • Subdivision: Linnhaven
  • Driving Directions: Take Brewster Rd to Lacomb Dr, left on Meridian Rd, left on Ede Rd & through to Peoples.

School Information

  • Elementary School: Lacomb
  • Middle School: Lacomb
  • High School: Lebanon

Heating & Cooling

  • Heating/Cooling: Electric, Stove, Forced Air
  • Water Heater: Electric

Utilities

  • Water: Spring, Well

Structural Information

  • Roof: Composition, Shingle
  • Square Feet: 2,704
  • Year Built: 1980

Lot Features

  • Lot Size (Acres): 12.01
  • Lot Size (Sq. Ft.): 523,156
  • Zoning: F/F
  • Lot Description: 46

Water Features

  • Water Front: Yes
  • Water View: Yes

Financial Considerations

  • Price Per Sq. Ft.: $286.61
  • Price Per Acre: $64,529.56
  • Assessment Year: 1980
  • Tax Amount: $4,679
  • Tax Year: 2024

Disclosures and Reports

  • Lot Number: 46

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Schools serving 40875 Peoples Dr

School District:Lebanon Community School District 9
NameGradesDistance
Lacomb School
34110 East Lacomb Road, Lebanon, OR 97355
K-82.2 mi
Lebanon High School
1700 South 5th Street, Lebanon, OR 97355
9-128.9 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 40875 Peoples Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/12/2026
Listed
$775,000
15.24%
MLS
8/15/2021
Sold
$672,500
—
Public Record
Get Price Alerts and Save Property
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 for 40875 Peoples Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,803
3%
$358,940
3%
2024
$4,679
3%
$348,490
3%
2023
$4,541
-3%
$338,340
6%
2021
$4,667
-4%
$318,930
-3%
2022
$4,875
4%
$328,490
6%
2021
$4,667
5%
$309,650
3%
2019
$4,455
3%
$300,640
3%
2018
$4,343
2%
$291,890
3%
2017
$4,247
2%
$283,390
3%
2016
$4,146
5%
$275,140
3%
2015
$3,945
1%
$267,130
3%
2014
$3,888
6%
$259,350
3%
2013
$3,666
—
$251,800
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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40875 Peoples Dr, Lebanon, OR 97355 (MLS# 838408) is a Single Family property with 4 bedrooms, 2 full bathrooms and 2 partial bathrooms. 40875 Peoples Dr is currently listed for $775,000 and was received on March 12, 2026. Want to learn more about 40875 Peoples 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.

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