*COMMERCIAL POTENTIAL*RESIDENTIAL DEVELOPMENT POTENTIAL!* 5.8 acres. Backs up to the 58 acres off Hwy 109 where the new Publix, Strip Center, Wash N Roll, and Whataburger are going! *Property has been ANNEXED into the city*
CloseDaily local analysis
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
This property is offered at $893 per square foot, compared with a $245 median for active 2-bedroom homes in Lebanon. Its asking price falls near the 99th percentile of that active group. The comparison uses 62 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 58 days, while the current cohort averages 38 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $430,000, and the median is $196 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 1414 Alabaster Ln | Jun 26, 2026 | 3 bd · 1,650 sqft | $435,000 | 0.3 mi |
| 1278 Dutch Peak | Jun 18, 2026 | 3 bd · 2,424 sqft | $449,900 | 0.5 mi |
| 11 Holland Ridge Cir | Jul 24, 2026 | 3 bd · 1,810 sqft | $342,000 | 0.5 mi |
| 23 Holland Ridge Cir | Jul 15, 2026 | 3 bd · 1,810 sqft | $349,900 | 0.5 mi |
| 305 Victoria Dr | Jun 30, 2026 | 3 bd · 1,676 sqft | $320,000 | 0.5 mi |
| 1054 Holland Ridge Way | Jul 28, 2026 | 3 bd · 2,136 sqft | $425,000 | 0.5 mi |
| 508 Chelsea Ln | Jul 2, 2026 | 3 bd · 2,727 sqft | $679,000 | 0.7 mi |
| 474 Bonnie Valley Dr | Jul 13, 2026 | 3 bd · 3,307 sqft | $780,000 | 0.9 mi |
MLS timeline
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
Location reference points
These distances are precomputed from the listing coordinates and a maintained set of regional landmarks; no mapping service is called when this page loads. Mileage is straight-line distance. Driving minutes are a planning estimate derived from that distance and should be checked against a live route before a showing or commute.
Continue comparing
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
View all Lebanon homes for sale · See the Lebanon market report