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$775,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 2,704 Sq. Ft.
  • Updated 5 days ago
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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: $4,803 (2025)
  • Status: Active
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 324587493
  • Updated: 3/12/2026
  • Added to Site: 5 day(s) ago

Interior

  • Interior Features: High Speed Internet, Laundry, Soaking Tub, Tile Floor, Vinyl Floor, Wall to Wall Carpet
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Stove, Wood Burning
  • Appliances: Cooktop, Dishwasher, Free-Standing Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 1
  • Upper - Full Baths: 2
  • Main - Full Baths: 1

Bedrooms

  • Total Bedrooms: 4
  • Primary Bedroom: Main
  • Bedroom 2: Upper
  • Bedroom 3: Upper

Other Rooms

  • Living Room: Lower
  • Kitchen: Lower
  • Dining Room: Lower

Exterior

  • Exterior Features: Deck, Garden, RV Parking, Yard

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Total Spaces: 2
  • Parking Features: Driveway

Location

  • County: Linn
  • 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

Community

  • Community Name: 221 - Linn County

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Electricity

Utilities

  • Sewer: Standard Septic
  • Water: Spring, Well
  • Well: Yes

Structural Information

  • Property Detached: Yes
  • Architectural Style: 2 Story, Traditional
  • Roof: Composition, Shingle
  • Stories/Levels: 2
  • Square Feet: 2,704
  • Year Built: 1980
  • Property Condition: Resale

Lot Features

  • Lot Size (Acres): 12.01
  • Lot Size (Sq. Ft.): 523,155
  • Lot Size: 10 to 19.99 Acres
  • Frontage: Gravel
  • Lot Features: Level, Private, Trees, Wooded

Water Features

  • Water Front: Yes
  • Water Front Desc.: Creek

Financial Considerations

  • Tax Amount: $4,803.03
  • Tax Year: 2025
  • Terms: Conventional, Farm Credit Service, VA Loan

Disclosures and Reports

  • Legal Description: 11S01W1400
  • Disclosures/Reports: Disclosure
  • Property ID: 675492

Listed by Keller Williams Realty Mid-Willamette (541) 738-7770, Paul Terjeson (503) 999-6777 and Keller Williams Realty Mid-Willamette (541) 738-7770, Steve Helms (541) 979-0118

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Listing agents

— 40875 Peoples Dr —

  • Paul Terjeson

    Keller Williams Realty Mid-Willamette

    541-738-7770

  • Steve Helms

    Keller Williams Realty Mid-Willamette

    541-738-7770

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with our affiliated lender
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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NMLS#: 1598647

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Listed by Keller Williams Realty Mid-Willamette (541) 738-7770, Paul Terjeson (503) 999-6777 and Keller Williams Realty Mid-Willamette (541) 738-7770, Steve Helms (541) 979-0118

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40875 Peoples Dr, Lebanon, OR 97355 (MLS# 324587493) is a Single Family property with 4 bedrooms, 3 full bathrooms and 1 partial bathroom. 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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