23598 Falcon Road, Lebanon, MO 65536
- $549,900
- $575,000
Description
Versatile Estate on 9.8 Acres with Dual Living Quarters & Income Potential
This is an exceptional 5,800 sq ft property on 9.8 acres that offers a rare combination of space, flexibility, and income-producing potential. Designed with Upstairs and Downstairs living that features Independent Utilities and both areas have Complete Living Setups that include Full Kitchens, Laundry, Bathrooms, Living Room, and Bedrooms—making it ideal for multi-generational living, rental income, or private guest accommodations.
The home includes 4 bedrooms and 4.5 bathrooms, highlighted by multiple Oversized Bedroom Suites, along with a Dedicated Office and Hobby room that could be used for an additional bedroom. The Residence is ADA-compliant and wheelchair accessible, thoughtfully designed for comfort and accessibility throughout.
Recent updates in 2021 include a New metal roof, New insulated shop building with water & electric, and a Composite deck. This home is equipped with geothermal heating, providing long-term energy efficiency and reduced utility costs.
The land offers excellent hay or farming income potential, while outbuildings enhance the property’s functionality. A 40×50 insulated shop features concrete floors, ample electrical service, a storage loft, and a generous workspace. An additional equipment shed provides even more storage for agricultural or recreational needs. This unique property is perfectly suited for a working homestead, investment opportunity, or expansive private residence with unmatched flexibility and potential.
Address
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Address: 23598 Falcon Road
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City: Lebanon
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State/county: MO
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Zip/Postal Code: 65536
Details
Updated on February 3, 2026 at 10:32 pm-
Property ID 26000785
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Price $549,900
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Land Area 9.8 Acres
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Bedrooms 5
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Rooms 15
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Bathrooms 5
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Garages 3
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Garage Size x x
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Year Built 2002
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Type Single Family Residence, Residential
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Property Status Active
Additional details
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Listing Terms Cash,Conventional,FHA,USDA,VA Loan
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Roof Metal
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Utilities Electricity Connected,Sewer Connected,Water Connected
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Sewer Septic Tank
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Cooling Ceiling Fan(s),Geothermal
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Heating Forced Air,Geothermal
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County Laclede
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Property Type Residential
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Parking Additional Parking,Attached,Detached,Detached Carport,Driveway,Garage,Gravel,Paved,Storage,Workshop in Garage
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Elementary School Lebanon RIII
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Middle School Lebanon Middle School
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High School Lebanon Sr. High
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Architectural Style Ranch,Traditional
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