40759 MCDOWELL CREEK DR
Lebanon, OR, 97355 $ 1,025,000
Bedrooms2 Baths2.0 Sq 1,794 Monthly Estimate*
$ 6,311
for $1,025,000 with 2 bedrooms and 2 full baths. This 1,794 square foot home was built in 1995 on a lot size of 28.47.
Welcome to your riverfront playground and farm-life dream spot! This 28.47-acre gem along McDowell Creek Dr is the kind of property people talk about for years—flat, wide-open usable ground, verified transferable water rights, and nearly 2,000 ft of sparkling river frontage where you can fish, paddle, or kick back with your toes in the water.The 2 bed, 2 bath home brings the charm with fresh paint, plush new carpet, granite counters, AC/heat pump, gas water heater, and a separate 220 meter. All appliances—including that shiny 2024 Maytag washer/dryer—stay, so you can move right in and start enjoying the land.Outside, 2025 upgrades add major farm-life points: new treated fir post fencing, a brand-new fir horse stable/hay structure, and a private trail that leads you straight down to the river. Morning coffee with river views? Yes please. Need a place to tinker, create, or run a business? The 40x60 shop is a total show-off—insulated, heated/cooled with a heat pump, 3-phase power, its own meter, full bathroom, AND full kitchen. This shop pulls its weight.Top it off with a fantastic 40+ GPM well that delivers unbelievably clean, great-tasting water, and you've got a property that’s not only rare—it’s downright special.Fun, functional, riverfront, farm-ready… this one is a vibe all its own.
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FeaturesInteriorInterior Amenities Granite HighCeilings HighSpeedInternet LaminateFlooring Laundry VinylFloor WasherDryer
Hot Water Propane
Window Features DoublePaneWindows
Total Bathrooms 2.0
Total Bedrooms 2
Total Baths 2
1/2 Baths 0
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GeneralSewer StandardSeptic
Heating ForcedAir
Cooling CentralAir
Roof Composition
Appliances BuiltinRange Dishwasher FreeStandingRange StainlessSteelAppliance
Zoning EFU
Garage Spaces 0
Architectural Style Stories2
Year Built 1995
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number 0819333
Waterfront Features RiverFront
County Linn
Property Type Residential
HOA N
Full Baths 2
Status Active
Directions -
High School Lebanon
City Lebanon
Disclosures Disclosure
MLS Area _221
Lot Size Square Feet 1240153.0
Listing Terms Cash Conventional StateGILoan VALoan
Elementary School Hamilton Creek
Tax Annual Amount 3939.01
Middle/Junior High School Hamilton Creek
Property Condition Resale
Virtual Tour https://www.zillow.com/view-3d-home/13fb32cd-4ed5-42fa-a9e7-97372c50b387?setAttribution=mls&wl=true&utm_source=dashboard
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 13S01W0200
ADU False
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ExteriorExterior Amenities CrossFenced Deck Fenced FirePit Garden Gazebo Greenhouse Outbuilding Porch RaisedBeds RVParking RVBoatStorage SecurityLights ToolShed Workshop Yard
Parking Features Driveway OffStreet
Lot Features IrrigatedIrrigationEquipment Level Pasture Trees
Water Source Well
Total Parking 0
Exterior Description LapSiding VinylSiding
Foundation Details StemWall
Building Area Total 1794.0
Lot Size Acres 28.47
Road Surface Type Gravel
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* Excluded FeaturesList ByRealty One Group Willamette ValleyBroker
shasta@krakehomesales.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,311
- Monthly Property Taxes
- $328
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Lebanon, OR
Average List Price $532,040
Percent of Sale Price 48%
About Lebanon, OR 16,994 Population
24% Since 2002
$ 40,851 Median Income
38.56 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
1950271 Elementary School
2838177 Middle School
Lebanon High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/6/2026 | $1,025,000 | | Listed Price |