"COMMERCIAL POTENTIAL" Just off the I40 exit at Linwood - Joins Ritchason Equipment on the backside! Speculators & Investors need to take a look - Old home place was originally built for a school - Some of the 14' ceilings have been lowered - Home needs lots of work but the floors are stable and it could serve many purposes such as a bed & breakfast, daycare and much more - This property has a working septic system installed in 1960, natural gas and city water! Bring your flashlights to view, electricity is not on - This is an Estate so selling as is with no seller paid repairs or price redu
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 $169 per square foot, compared with a $193 median for active five-or-more-bedroom homes in Lebanon. Its asking price falls near the 6th percentile of that active group. The comparison uses 91 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 361 days, while the current cohort averages 37 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 1 closed sale within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $215,000.
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 |
|---|---|---|---|---|
| 9245 Trousdale Ferry Pike | May 26, 2026 | — | $215,000 | 1.1 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