Sold
Last Sold Price
$465,000

37939 Middle Ridge Rd, Unit TL503, Lebanon, OR 97355

Description

This 60 acre forested playground is only 8 minutes to downtown Lebanon. It is approved for a single residence. Well & septic were installed in 2004. The home site is secluded & private with potential for beautiful views with some tree removal. There is a great balance of well-stocked, healthy looking 19 year old conifers & patches of parklike older timber. There is plenty of gently sloping useable ground to build a home, shop, garden & more. Shown by appointment only. No Seller financing.This 60 acre forested playground is only 8 minutes to downtown Lebanon. It is approved for a single residence. Well & septic were installed in 2004. The home site is secluded & private with potential for beautiful views with some tree removal. There is a great balance of well-stocked, healthy looking 19 year old conifers & patches of parklike older timber. There is plenty of gently sloping useable ground to build a home, shop, garden & more. Shown by appointment only. No Seller financing.
60.78 acresLot Size
  • Listed by: Lauren Read • NW Forest Properties, LLC
Listing closed: 06/21/2021 12:00 AM
Source: RMLS, MLS#: 21347641
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Recent comparable sales

Median sold price

$320,000

Avg days on market

147

Sale-to-list ratio

85.3%

Lebanon, OR

9 comparable properties found

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$515,000 | 36780 Victory Drive, Lebanon, OR 97355
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$250,000 | Lot 5 Bartels Creek Drive, Lebanon, OR 97355
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$65,000 | 30040 Tolomei Lane, Lebanon, OR 97355
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$307,500 | 2 Northwest Oak Grove Drive, Lebanon, OR 97355
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Sold 12/18/24

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Acres
$420,000 | 30209 Fairview Road, Lebanon, OR 97355
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Sold 12/26/24

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Square Feet
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Acres
$220,000 | 525 Oregon Street, Lebanon, OR 97355
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Location

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Property information

37939 Middle Ridge Road, Unit TL503

Property Details

  • Zoning: FF
  • View: Mountain, Territorial, Trees Woods

Building Information

  • Lot Size: 60.78 AC / 2,647,576 SF

Summary

Location and General Information

  • Country: US
  • Directions: Call Listing Broker.
  • Road Surface: Gravel

School Information

  • Elementary School: Hamilton Creek
  • High School: Lebanon
  • Middle Or Junior School: Seven Oak

Taxes and HOA

  • Tax Year: 2020
  • Tax Deferral Desc: Forest
  • Tax Annual Amount: $1,021.14
  • Parcel Number: 0819565
  • Parcel Number 2: 861662
  • Tax Legal Description: 13S02W0100503

Virtual Tour

Property

Lot Information

  • Acres: 60.78
  • Lot Description: Merchantable Timber, Private, Reproduced Timber, Secluded, Trees, Wooded
  • Lot Size Square Feet: 2647576.0
  • Number Of Lots Total: 1
  • Current Use: Recreational, Timber
  • Land Description: Gentle Sloping, Level, Sloped
  • Lot Size Range: Acres50to100
  • Lot Size: 50 to 99.99 Acres

Property and Assessments

  • Property Sub Type: Farm
  • Property Type: Land
  • Perc Test Description: Approved

Utilities

  • Utilities: Electricity Available, Spring, Standard Septic, Well

Interior and Exterior Features

Exterior Features

  • Soil Condition: Native
  • Soil Type Classification: Site Index 114
  • Waterfront Description: Other
  • Water Name: Spring
  • Existing Structures Description: Mobile Home, No Value, To Be Torn Down

Farm

Farm Information

  • Farm Acres Wooded: 60.0
  • Farm Type: Forest
  • Possible Use: Tree Farm

Schools

Near 37939 Middle Ridge Road, Unit TL503

This home is within Lebanon Community School District 9.

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 37939 Middle Ridge Road, Unit TL503, Lebanon, OR 97355
$465,000
–
–
–
2,647,576
$465,000
–
–
–
2,647,576
$185,000
–
2
1,296
304,049
$273,650
4
5.5
5,951
217,800
$580,000
4
3.5
3,303
205,603
$485,000
3
1,543
1,543

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of NW Forest Properties, LLC

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 06/08/2025 05:00 AM