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38228 Mount Hope Dr, Lebanon, OR, 97355

5beds
2baths
2,060sqft
$3,600,000
$1,748price/sqft
$23,774/moest. monthly cost
$950,960/yrincome needed

About This Home

Discover 266 incredible acres offering endless possibilities! This remarkable property features a large arena, barn, shop, four ponds, breathtaking views, & abundant wildlife. A leased rock quarry provides added income potential, making this a unique opportunity for recreation, ranching, or investment. Access from Golden Valley can also be put in. Don't miss your chance to own this one-of-a-kind property!

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
7
BikeSomewhat Bikeable

Schools

3/10
Lacomb SchoolGrades K-86.8 mi
5/10
Lebanon High SchoolGrades 9-122.6 mi

Construction

Condition

  • Year built: 1971

Materials

  • Foundation: Continuous
  • Roof: Metal or Aluminum
  • Construction materials: Aluminum Siding,Lap Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Range Included,Electric Water Heater
  • Laundry features: Lower Level

Bedroom2

  • Level: Main

Bedroom3

  • Level: Main

Bedroom4

  • Level: Lower

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1

Dining Room

  • Features: Area (Combination)
  • Level: Main

Features

  • Flooring: Laminate
  • Fireplace features: Living Room,Wood Burning
  • Fireplace: Yes

Heating

  • Heating features: Oil,Floor Furnace

Interior Area

  • Total structure area: 2,060
  • Total interior livable area: 2,060 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Accessibility

  • Accessibility features: Handicap Amenities - See Remarks

Details

  • Parcel number: 00192142
  • Zoning: FF/EFU

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered Deck
  • Fencing: Partial
  • Has view: Yes
  • View description: Mountain(s),Territorial

Lot

  • Lot size: 266.20 Acres
  • Features: Landscaped

Parking

  • Total spaces: 2
  • Parking features: Carport
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters in Linn County and Oregon

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $18,203$218,436
Home Insurance *$970$11,640
Property Taxes $4,415$52,980
Electricity $186$2,243
Total$23,774$285,288
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$815,108/yr
40% on housing$713,220/yr
45% on housing$633,973/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.1%
1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,748This listing

vs Other Active Listings

Avg $/sqft

ZIP 97355$224
Linn County$231

vs Homes Sold Last Month

Median $/sqft

ZIP 97355$259
Linn County$285

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-27Listed for sale$3,600,000

For Sale by Agent

AgentLAURA GILLOTT
BrokerageKeller Williams Realty Mid-Willamette - Gillott Team

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