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$31,000
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Property Description
This 2.65± acre parcel is being offered in November 12 Sealed Bid Auction. It is located along South Santiam Highway and southwest shore of Cheadle Lake. It is adjacent to soccer fields which are part of a 35 acre regional style park with walking trails, bird and wildlife watching, and non-motorized boating and fishing. City of Lebanon in June 2025 put out requests for bids for up to $6,000,000 to construct Weirich Drive, parking lot, stage area, multi-use trail, landscaping, and irrigation. Park fields are currently used for American Youth Soccer Organization (AYSO) youth soccer. Cheadle Lake was originally used as log pond for a wood products facility. The former mill property was redeveloped over the last twenty years, primarily for commercial development and for housing. The site is within the Cheadle Lake Urban Renewal Plan. The property is a remnant parcel and is zoned industrial. There is no physical or legal access to Cheadle Lake Park or South Santiam Highway. The property is being sold AS IS with No Minimum Bid. It will be sold to the highest bidder. 2024-2025 Linn County Real Market Value is $125,100. Taxes are $1,323 per year. Buyer will be responsible for all closing costs
Full Property Details
Full Property Details for Santiam Hwy
General
- Sold For: $31,000
- Taxes: $1,322 (2024)
- Status: Sold
- Type: Industrial
- Source: RWMLS
- MLS ID: 321692493
- Added to Site: 145 day(s) ago
Rental Information
- Availability: Sale
Location
- County: Linn
- Driving Directions: S. Santiam Hwy
School Information
- Midd School District: Seven Oak
- Elementary School: Riverview
- Middle School: Seven Oak
- High School: Lebanon
Community
- Community Name: 221 - Linn County
Utilities
- Utility Description: Electricity Available
Structural Information
- Property Detached: Yes
- Current Bldg. Use: Raw Land
Lot Features
- Lot Size (Acres): 2.65
- Lot Size (Sq. Ft.): 115,434
- Lot Size: 1 to 2.99 Acres
- Frontage: Paved
- Lot Features: Cleared, Trees
Water Features
- Water Front: Yes
- Water Front Name: Cheadle Lake
- Water Front Desc.: Lake
- Lake Front: Yes
Financial Considerations
- Tax Amount: $1,322.91
- Tax Year: 2024
- Terms: Cash
Disclosures and Reports
- Disclosures/Reports: Exempt
- Property ID: 212874
Listed by Realty Marketing / Northwest (503) 224-1906, John Rosenthal (800) 845-3524
Sold by Non Rmls Broker (503) 236-7657, OR and WA Non Rmls
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Price & Sales History for Santiam Hwy
Date
Details
Price
Change
Source
1/27/2026
Sold
$31,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Santiam Hwy, Lebanon, OR 97355 (MLS# 321692493) is a Industrial property that was sold at $31,000 on January 27, 2026. Want to learn more about Santiam Hwy? Do you have questions about finding other Industrial real estate for sale in Lebanon? You can browse all Lebanon real estate or contact a Coldwell Banker agent to request more information.

