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$775,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 2 Partial Baths
  • 2,704 Sq. Ft.
  • 2 Car Garage
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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 (2025)
  • Status: Active
  • Type: Single Family
  • Source: ODS
  • MLS ID: 220216927
  • Updated: 3/12/2026
  • Added to Site: 33 day(s) ago

Interior

  • Rooms/Areas: Laundry, Kitchen, Living Room, Primary Room
  • Interior Features: Open Floorplan, Soaking Tub
  • Fireplace: Yes
  • Fireplace(s): Living Room
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer, Water Heater
  • Flooring: Carpet, Tile, Vinyl

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 4

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Assigned, Driveway, Gravel, RV Access/Parking
  • Parking: Assigned, Driveaway

Location

  • Area: 2704
  • County: Linn
  • Subdivision: N/A
  • Driving Directions: Take Brewster Rd to Lacomb Dr, left on Meridian Rd, left on Ede Rd & through to Peoples.

School Information

  • Elementary School: Lacomb School
  • Middle School: Check with District
  • High School: Check with District

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Fireplace(s), Electric, Forced Air

Utilities

  • Sewer: Septic Tank
  • Water: Well
  • Well: Yes

Structural Information

  • Architectural Style: Traditional
  • Exterior Const.: Dock
  • Basement Desc.: None
  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Common Walls: No Common Walls
  • Stories/Levels: 2
  • Square Feet: 2,704
  • Sq. Ft. Source: Assessor
  • Living Area: 2,704 Sq. Ft.
  • Year Built: 1980

Additional Structures

  • Other Structures: Other

Lot Features

  • Property View: Mountain(s), Panoramic, Territorial
  • Mountain views: Yes
  • Lot Size (Acres): 12.01
  • Lot Size (Sq. Ft.): 523,156
  • Street/Road Desc.: Gravel
  • Irrigation System: On Site Well
  • Lot Features: Landscaped, Level, Wooded
  • Zoning: F/F

Financial Considerations

  • Tax Amount: $4,679
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA

Disclosures and Reports

  • Special Conditions: Standard
  • Exclusions: See Assoc Docs
  • Inclusions: See Assoc Docs
  • APN: 675492
  • Section: Not Applicable

Listed by Keller Williams Realty Mid-Willamette (541) 738-7770, Paul J Terjeson (503) 999-6777

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Listing agent

— 40875 Peoples Dr —

  • Paul J Terjeson

    Keller Williams Realty Mid-Willamette

    541-738-7770

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

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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Listed by Keller Williams Realty Mid-Willamette (541) 738-7770, Paul J Terjeson (503) 999-6777

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40875 Peoples Drive, Lebanon, OR 97355 (MLS# 220216927) is a Single Family property with 4 bedrooms, 2 full bathrooms and 2 partial bathrooms. 40875 Peoples Drive is currently listed for $775,000 and was received on March 12, 2026. Want to learn more about 40875 Peoples Drive? 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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