Developers take a look! Zoned R2 High Density Residential. Great location and opportunity on this 1.3 acre tract of land in the heart of Lebanon! The property is already zoned R2 and per the City of Lebanon allows up to 17 residential units are on this property. Single family, multi-family, townhomes, etc.. All city utilities including city sewer and natural gas are available at the road. Located 5 minutes from historic downtown Lebanon...full of restaurants, shops, boutiques & offices. Nice level tract, surrounded by newly developed properties, townhomes, single family and established ho
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 $645 per square foot, compared with a $215 median for active 3-bedroom homes in Lebanon. Its asking price falls near the 90th percentile of that active group. The comparison uses 422 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 208 days, while the current cohort averages 35 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 $297,250, and the median is $198 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 |
|---|---|---|---|---|
| 108 Hartsville Ct | Jun 9, 2026 | 2 bd · 1,385 sqft | $270,000 | 0.1 mi |
| 210 Burdock St | Jul 8, 2026 | 3 bd · 1,363 sqft | $279,500 | 0.1 mi |
| 734 Hazelwood Pike | Jun 26, 2026 | — | $115,000 | 0.3 mi |
| 712 N Cumberland St | May 29, 2026 | — | $1,100,000 | 0.3 mi |
| 806 Dahlia Dr | Jun 16, 2026 | 3 bd · 1,370 sqft | $315,000 | 0.3 mi |
| 578 Hazelwood Pike | Jun 25, 2026 | 4 bd · 2,424 sqft | $435,000 | 0.3 mi |
| 420 Park Ave | Jun 18, 2026 | 3 bd · 1,294 sqft | $260,000 | 0.5 mi |
| 113 Caruthers Ave | Jun 17, 2026 | 4 bd · 2,835 sqft | $455,000 | 0.6 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