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  • $700,000

    40224 Reuben Leigh Rd, Lowell, OR 97452

    1beds
    848sqft
    Residential, Single Family Residence, Townhouse
    Built in 2016
    21.48 Acres Lot
    $700,100 Zestimate®
    $825/sqft
    $1,513 Estimated rent

    Home value

    $700,100

    $665,000 - $735,000

    $1,513/mo

    Zestimate® history
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    $3,989/mo

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    What's special

    If you are looking to build your dream home on a private piece of land, this is the one! Beautiful 21.48-acre property in the Lowell/Fall Creek area with spectacular views and endless potential. This is a rare opportunity to build a replacement dwelling while benefiting from the existing infrastructure and usable living space already on site. Located at the end of a gated driveway, this property offers privacy and seclusion while still being conveniently located. Approximately 20 minutes to Springfield and easy access to Fall Creek Lake, hiking, boating, and outdoor recreation.The property features a newer 48x48 shop with two standard overhead doors plus a 14’ overhead door in front, and an additional 14’ drive-through door in back, along with an 800 sq ft apartment that includes 1 bedroom, 1 bathroom, and a loft. This could function as temporary housing, guest quarters, or income potential while you build. County has confirmed the property qualifies for a replacement dwelling and that the apartment may be retained as guest quarters with minor modifications. When you’re ready to build your home, the important infrastructure is already in place. The well includes a 1,500-gallon holding tank and the septic system is 1,500 gallons and sized for a 4+ bedroom home plus a guest house. The shop and apartment are equipped with 200-amp electrical service that can also power a future residence. The property also features approximately 13 acres of mature timber and approximately 8 acres of 12-year-old timber, offering long-term value and versatility. This property is one-of-one and a truly unique blend of immediate usability, future build potential, and long-term value. Don’t miss it!

    Zillow last checked: 8 hours ago

    Listing updated: November 26, 2025 at 09:11pm

    Listed by:

    Austin Gordon 541-520-9837,

    Hybrid Real Estate

    Bought with:

    Joe Robb, 201226936

    Knipe Realty ERA Powered

    Source: RMLS (OR),MLS#: 329404575MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    Primary bedroom
    • Level: Upper
    • Area: 180
    • Dimensions: 12 x 15
    Family room
    • Level: Upper
    • Area: 180
    • Dimensions: 12 x 15
    Kitchen
    • Level: Main
    • Area: 72
    • Width: 9
    Living room
    • Level: Main
    • Area: 285
    • Dimensions: 19 x 15
    Heating
    • Mini Split
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Free-Standing Range, Free-Standing Refrigerator, Microwave, Plumbed For Ice Maker, Washer/Dryer, Electric Water Heater
    Features
    • Flooring: Vinyl
    • Windows: Vinyl Frames
    Interior area
    • Total structure area: 848
    • Total interior livable area: 848 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Driveway, RV Access/Parking, RV Boat Storage
    • Garage spaces: 5
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Patio & porch: Covered Patio
    • Exterior features: Yard
    • Has view: Yes
    • View description: Mountain(s), Territorial, Trees/Woods
    Lot
    • Size: 21.48 Acres
    • Features: Trees, Acres 20 to 50
    Details
    • Additional structures: RVBoatStorage, Workshopnull
    • Parcel number: 0559441
    • Zoning: F2

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Residential, Single Family Residence, Townhouse
    Materials
    • Metal Siding
    • Foundation: Slab
    • Roof: Metal
    Condition
    • Resale
    • New construction: No
    • Year built: 2016

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Satellite Internet Service

    Community & neighborhood

    Security
    • Security features: Security Gate
    Location
    • Region: Lowell

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Gravel, Paved

    Price history

    DateEventPrice
    11/26/2025Sold$700,000-6.7%$825/sqft
    Source: RMLS (OR) #329404575 Report a problem
    11/3/2025Pending sale$750,000$884/sqft
    Source: RMLS (OR) #329404575 Report a problem
    10/17/2025Listed for sale$750,000+296.8%$884/sqft
    Source: RMLS (OR) #329404575 Report a problem
    5/18/2025Listing removed$2,250$3/sqft
    Source: Zillow Rentals Report a problem
    4/26/2025Listed for rent$2,250$3/sqft
    Source: Zillow Rentals Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,040 -0.2%$115,714 -0.4%
    2024$1,042 +0.3%$116,175 -0.4%
    2023$1,039 +1.9%$116,683 -0.4%

    Find assessor info on the county website

    Neighborhood: 97452

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lundy
    • Middle: Lowell
    • High: Lowell

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

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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $700,100
    2% more+ $14,002
    With Zillow Showcase(estimated)
    $714,102