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  • Listing Provided by: 

    Cricket Staggs 417-718-8666,

    Ozark Empire Realty,

    Dylan M Wetherington 417-288-2729,

    Ozark Empire Realty

    Bought with: Paterno Realty
    Price Unknown

    231 Raef Rd, Lebanon, MO 65536

    3beds
    1,671sqft
    Single Family Residence
    Built in 1957
    7.61 Acres Lot
    $244,100 Zestimate®
    $--/sqft
    $1,200 Estimated rent

    Home value

    $244,100

    Estimated sales range

    Not available

    $1,200/mo

    Zestimate® history
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    What's special

    UPDATE- SELLERS WILLING TO GIVE $3,000 PAINT CREDIT TO BUYERS WHO BRING A OTHERWISE AGREEABLE OFFER- Discover the perfect blend of charm and updates with this unique property in Lebanon, Missouri! Sitting on 7 acres JUST inside city limits, this home offers space, privacy, and convenience rarely found together. High Speed internet (1 Gig IS available) means never having to wait on a lag- just a few of the improvement projects on the property have been the French drain (2022) and 20x40 raised garden bed as well as the 4 wheeler trails to the back of the parcel, making this a DREAM parcel for your little slice of country heaven in town. Major improvements bring peace of mind, including a new roof in 2024, new furnace and HVAC in 2022 plus brand-new front and back doors (2025); Inside, the bathroom has been refreshed with new sub-flooring and a vanity in 2025. The home retains character with a classic (though now “ornamental”) chimney that’s a perfect spot for that electric or gas insert, while modern amenities like city sewer and that high speed internet keep you literally AND figuratively “connected”. Whether you envision a hobby farm, room for recreation, a whole future subdivision of rentals or simply a little extra elbow room and space for parking EVERYTHING you own, this acreage offers endless potential—all within minutes of ALL the conveniences that Lebanon has to offer AND just a quick shot up north 5 to the Lake of the Ozarks- certainly within driving range of Ft Woods finest. Don’t miss this opportunity to own a home that combines updates, character, and freedom with no subdivision restrictions in the coziest Midwest town in the Ozarks.

    Zillow last checked: 8 hours ago

    Listing updated: January 01, 2026 at 06:46am

    Listing Provided by:

    Cricket Staggs 417-718-8666,

    Ozark Empire Realty,

    Dylan M Wetherington 417-288-2729,

    Ozark Empire Realty

    Bought with:

    Teresa L Paterno, 1999028378

    Paterno Realty

    Source: MARIS,MLS#: 25066909MLS LogoOriginating MLS: Lebanon Board of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Features
    • Has basement: No
    • Has fireplace: No
    • Fireplace features: Decorative
    Interior area
    • Total structure area: 1,671
    • Total interior livable area: 1,671 sqft
    • Finished area above ground: 1,671

    Property

    Features
    • Levels: One
    Lot
    • Size: 7.61 Acres
    Details
    • Parcel number: 131.002022015003.000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage
    • Property subtype: Single Family Residence
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding
    Condition
    • Year built: 1957

    Utilities & green energy

    • Electric: 220 Volts
    • Sewer: Public Sewer
    • Water: Public, Well
    • Utilities for property: Cable Available, Sewer Connected, Water Available

    Community & neighborhood

    Location
    • Region: Lebanon
    • Subdivision: None

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,FHA 203(b),FHA 203(k),USDA Loan,VA Loan

    Price history

    DateEventPrice
    12/2/2025Sold--
    Source: MARIS #25066909 Report a problem
    11/17/2025Contingent$247,500$148/sqft
    Source: MARIS #25066909 Report a problem
    11/7/2025Price change$247,500-1%$148/sqft
    Source: MARIS #25066909 Report a problem
    10/20/2025Price change$249,900-2%$150/sqft
    Source: MARIS #25066909 Report a problem
    10/3/2025Listed for sale$255,000+18.6%$153/sqft
    Source: MARIS #25066909 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$739 -2.9%$12,960
    2023$761 +7.3%$12,960
    2022$709 -9.2%$12,960

    Find assessor info on the county website

    Neighborhood: 65536

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lebanon Riii
    • Middle: Lebanon Jr. High
    • High: Lebanon Sr. High

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