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For sale
  • Listed by: Homesmart Realty Group - Sweet Home
    Price cut: $5K (3/17)
    $875,000

    42801 Island Inn Dr, Lebanon, OR 97355

    5beds
    2,564sqft
    : 
    Single Family Residence
    Built in 1967
    3.18 Acres Lot
    $866,000 Zestimate®
    $341/sqft
    $-- HOA

    What's special

    Dual living potentialSwimming and fishing holesBeautifully landscaped homeCovered deck for entertainingAbundant parkingTriple car attached garageMain-level primary ensuite
    CRABTREE CREEK RETREAT! Set on 3.12 private acres with the full length of Creek frontage, complete with swimming & fishing holes, this beautifully landscaped home offers space & flexibility. Featuring 5 bedrooms and 3 full baths, including a main-level primary ensuite, stone accents, & island kitchen. Dual living potential, covered deck for entertaining, pond, triple car attached garage (currently used as a game room), 24x42 RV storage, & abundant parking. Updated HVAC system, back up generator and more! Rare opportunity to own a private creekfront retreat on 3+ acres along beautiful Crabtree Creek. This peaceful property offers approximately 3.18 acres of usable land with the creek running the entire length of the property, creating a truly special setting where the water can be seen and enjoyed from nearly every room in the home.The spacious 5-bedroom, 3-bath home offers over 2,500 square feet of living space with large windows that capture the natural surroundings and serene creek views. Whether you’re enjoying morning coffee while watching the water flow by or entertaining guests with the sounds of the creek in the background, this home offers a lifestyle that is hard to find.Outside, the property provides plenty of room for gardening, recreation, or simply enjoying the privacy and beauty of the land. The creek frontage offers opportunities for fishing, exploring, and relaxing in your own natural setting while still being just minutes from town.If you’ve been searching for acreage with year-round water, privacy, and space to spread out, this Crabtree Creek property offers a rare combination of location, land, and lifestyle.
    39 days
    |
    1,930
    |
    81
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 17, 2026 at 03:50pm

    Listed by:

    KARLA HOGAN Cell:541-409-0547,

    Homesmart Realty Group - Sweet Home

    Source: WVMLS,MLS#: 837529MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bathrooms: 2
      Primary bedroom
      • Level: Main
      • Area: 225
      • Dimensions: 15 x 15
      Bedroom 2
      • Level: Main
      • Area: 256
      • Dimensions: 16 x 16
      Bedroom 3
      • Level: Lower
      • Area: 160
      • Dimensions: 16 x 10
      Bedroom 4
      • Level: Lower
      • Area: 180
      • Dimensions: 15 x 12
      Dining room
      • Features: Formal
      • Level: Main
      • Area: 224.1
      • Dimensions: 13.5 x 16.6
      Family room
      • Level: Lower
      • Area: 650
      • Dimensions: 26 x 25
      Kitchen
      • Level: Main
      • Area: 216
      • Dimensions: 16 x 13.5
      Living room
      • Level: Main
      • Area: 232.5
      • Dimensions: 15.5 x 15
      Heating
      • Electric, Wood, Heat Pump, Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Electric Range, Microwave, Range Included, Electric Water Heater
      • Laundry: Lower Level
      Features
      • Breakfast Room/Nook, Rec Room, Other(Refer to Remarks)
      • Flooring: Carpet, Wood, Tile
      • Basement: Daylight,Full
      • Has fireplace: Yes
      • Fireplace features: Other Room, Wood Burning
      Interior area
      • Total structure area: 2,564
      • Total interior livable area: 2,564 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached, RV Garage
      • Attached garage spaces: 3
      Accessibility
      • Accessibility features: Handicap Amenities - See Remarks
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered Deck
      • Exterior features: Grey
      • Has water view: Yes
      • On waterfront: Yes
      • Waterfront features: Waterfront
      Lot
      • Size: 3.18 Acres
      • Features: Irregular Lot, Landscaped
      Details
      • Additional structures: RV/Boat Storage
      • Parcel number: 00052296
      • Zoning: F/F

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Rock, Fiber Cement, Lap Siding
      • Foundation: Continuous
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1967

      Utilities & green energy

      • Electric: Lower/Basement
      • Sewer: Septic Tank
      • Water: Shared Well

      Community & HOA

      Community
      • Subdivision: 11S01E2101200
      HOA
      • Has HOA: No
      Location
      • Region: Lebanon

      Financial & listing details

      • Price per square foot: $341/sqft
      • Tax assessed value: $747,980
      • Annual tax amount: $5,415
      • Price range: $875K - $875K
      • Date on market: 2/12/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: VA Loan,Cash,Conventional
      • Inclusions: Kitchen Appliances
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        Estimated market value

        $866,000

        $823,000 - $909,000

        $3,135/mo

        Price history

        Price history
        DateEventPrice
        3/17/2026Price change$875,000-0.6%$341/sqft
        Source: WVMLS #837529 Report a problem
        3/12/2026Price change$880,000-4.9%$343/sqft
        Source: WVMLS #837529 Report a problem
        3/3/2026Price change$925,000-2.6%$361/sqft
        Source: RMLS (OR) #292283790 Report a problem
        2/12/2026Listed for sale$950,000+18.9%$371/sqft
        Source: WVMLS #837529 Report a problem
        8/19/2022Sold$799,000$312/sqft
        Source: Public Record Report a problem
        7/11/2022Contingent$799,000$312/sqft
        Source: WVMLS #794846 Report a problem
        7/5/2022Listed for sale$799,000+114.5%$312/sqft
        Source: WVMLS #794846 Report a problem
        6/6/2014Listing removed$372,500$145/sqft
        Source: Keller Williams Realty Mid-Willamette #674039 Report a problem
        5/24/2014Price change$372,500-0.7%$145/sqft
        Source: Keller Williams Realty Mid-Willamette #674039 Report a problem
        3/12/2014Listed for sale$375,000+8.7%$146/sqft
        Source: Keller Williams Realty Mid-Willamette #674039 Report a problem
        6/24/2013Listing removed$345,000$135/sqft
        Source: Keller Williams Realty Mid-Willamette #650988 Report a problem
        4/26/2013Listed for sale$345,000+1.8%$135/sqft
        Source: Keller Williams Realty Mid-Willamette #650988 Report a problem
        3/29/2013Sold$339,000-1.7%$132/sqft
        Source: Public Record Report a problem
        11/2/2012Price change$345,000-1.4%$135/sqft
        Source: Keller Williams Realty Mid-Willamette #650988 Report a problem
        7/14/2012Price change$350,000-4.1%$137/sqft
        Source: Keller Williams Realty Mid-Willamette #650988 Report a problem
        7/7/2012Price change$365,000-2.7%$142/sqft
        Source: Keller Williams Realty Mid-Willamette #650988 Report a problem
        5/12/2012Price change$375,000-1.3%$146/sqft
        Source: Keller Williams Realty Mid-Willamette #650988 Report a problem
        4/12/2012Price change$380,000-3.8%$148/sqft
        Source: Keller Williams Realty Mid-Willamette #650988 Report a problem
        2/24/2012Price change$395,000-1.3%$154/sqft
        Source: Keller Williams Realty Mid-Willamette #628291 Report a problem
        2/22/2012Price change$400,000+1.3%$156/sqft
        Source: Keller Williams Realty Mid-Willamette #628291 Report a problem
        12/24/2011Listed for sale$395,000-1.3%$154/sqft
        Source: Keller Williams Realty Mid-Willamette #628291 Report a problem
        11/17/2011Listing removed$400,000$156/sqft
        Source: Keller Williams Realty Mid-Willamette #628291 Report a problem
        10/21/2011Price change$400,000-2.4%$156/sqft
        Source: Keller Williams Realty Mid-Willamette #628291 Report a problem
        9/24/2011Price change$409,900-1.2%$160/sqft
        Source: Keller Williams Realty Mid-Willamette #628291 Report a problem
        6/18/2011Price change$414,900-1.2%$162/sqft
        Source: Keller Williams Realty Mid-Willamette #628291 Report a problem
        5/10/2011Listed for sale$419,900+113.7%$164/sqft
        Source: Keller Williams Realty Mid-Willamette #628291 Report a problem
        3/15/2004Sold$196,500$77/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$5,275 +3%$358,350 +3%
        2023$5,120 +2.1%$347,920 +3%
        2022$5,013 $337,790 +3%
        2021-- $327,960 +3%
        2020$4,701 +2.6%$318,410 +3%
        2019$4,581 +2.6%$309,140 +3%
        2018$4,466 $300,140 +3%
        2017$4,466 +2.3%$291,400 +3%
        2016$4,367 +2.4%$282,920 +3%
        2015$4,264 +4.2%$274,680 +3%
        2014$4,091 +12.6%$266,680 +3%
        2013$3,633 +891.8%$258,920 +1.3%
        2012$366 -90.2%$255,670 +3%
        2011$3,725 +7.4%$248,230 +3%
        2010$3,467 +9.1%$241,000 +6.4%
        2009$3,178 $226,479 +3%
        2008$3,178 +2.1%$219,883 +3%
        2007$3,113 +4.8%$213,479 +2.6%
        2006$2,971 +4.3%$208,064 +3%
        2005$2,848 +2.9%$202,004 +3%
        2004$2,767 +30.3%$196,121 +25.8%
        2003$2,123 +5.6%$155,860 -2.1%
        2002$2,012 $159,220 +4.6%
        2001-- $152,260 -20%
        2000-- $190,409

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $4,959/mo
        Principal & interest
        $4332
        Property taxes
        $627
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          Climate risks

          Neighborhood: 97355

          Getting around

          0 / 100
          Car-Dependent
          17 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Lacomb
          • Middle: Seven Oak
          • High: Lebanon

          Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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