Home on acreage · Laclede County

122a MM Highway

$900,000

A three-bedroom home in Lebanon, on 12 acres

  • 3 bedrooms
  • 2 baths
  • 1,560 sq ft
  • 12 acres

Listed by Century 21 Laclede Realty · (417) 588-1200

Unique opportunity in a prime location! Zoned C-1 Commercial with the City of Lebanon, this versatile property offers endless possibilities while featuring a charming, move-in ready home. The well-maintained residence offers 1,560 square feet of living space with 3 bedrooms and 2 bathrooms, combining comfort and convenience. Whether you're looking for a place to live, operate a business, or invest in a property with future commercial potential, this one checks all the boxes. The home features a functional layout, inviting living spaces, and plenty of room to make it your own. Properties that offer both commercial zoning and a ready-to-enjoy home are hard to find—don't miss this rare opportunity!

The home

Rooms & spaces

As reported to the MLS by Century 21 Laclede Realty. We confirm it before you rely on it.

Living area
1,560 sq ft
One
Bedrooms & baths
3 bed, 2 baths
3 on the main level
Garage
1-car garage
Lot
12 acres
Few Trees
Fireplace
Fireplace
Living Room

Systems & condition

What keeps it running

The roof, the heating and cooling, the water: the questions an inspection answers, and the ones worth asking before an offer.

Built
1965
Heating & cooling
Baseboard
Window Unit(s)
Water & sewer
Public
Public Sewer

Specifications

The details

The home
Type
Single Family Residence, Ranch
Built
1965
Living area
1,560 sq ft
Levels
One
Bedrooms
3
Main-level bedrooms
3
Bathrooms
2 baths
Garage
1-car garage
Inside
Flooring
Carpet, Luxury Vinyl, Tile
Appliances
Dishwasher, Oven, Refrigerator
Fireplace
Living Room
Outside & lot
Lot size
12 acres
Lot
Few Trees, Front Yard, Pasture
Construction
Brick
Systems & utilities
Heating
Baseboard
Cooling
Window Unit(s)
Water
Public
Sewer
Public Sewer
Electric
220 Volts
Utilities
Electricity Connected, Sewer Connected, Water Connected
Schools & community
School district
Lebanon R-III
Elementary
Lebanon RIII
Middle
Lebanon Middle School
High school
Lebanon Sr. High
Subdivision
Lebanon Acreage
The listing
Price
$900,000
Annual taxes
$917 (2025)
Listed
September 18, 2026
Terms
Cash, Conventional
Parcel
0131001004003006000
MLS number
MIS26060590

Around here

Lebanon

Town
Lebanon
County
Laclede County
Subdivision
Lebanon Acreage
School district
Lebanon R-III
Directions
The setting

School District

Lebanon R-III
DESE 2025
Accredited
Missouri DESE · Lebanon, MO · Grades PK-12 · 4,144 students
Website
97.6%
4-yr Grad Rate
▲ 6.2 vs state
19.6
ACT Score
At state avg
84.4%
Attendance
▲ 5.9 vs state
Academic Performance
ELA Proficiency (HS)
41.0%-12.1 vs state
Algebra I Proficiency
36.2%-9.2 vs state
Biology Proficiency
27.6%-9.8 vs state
Dropout Rate
0.8%-0.6 vs state
After Graduation
4-Year College
23.8%-9.9 vs state
2-Year College
28.2%
Employment
36.0%
Military Service
2.9%
District Resources
Student / Teacher Ratio
18.0:1+2.0 vs state
Spending per Pupil
$12,681-2533.2 vs state
Avg. Teacher Experience
13.1 yrs
Military-Connected Students
1.5%

Cost of ownership

Taxes, dues & your payment

Property taxes
$917/yr

VA, FHA, USDA and conventional loans each change the payment: the down payment, the mortgage insurance, the funding fee. Try them in the calculator, or ask us which fits.

Payments and loan options Buying with a VA loan

See this home

Let's get you through the door

Photos only show so much. We'll set up a showing at a time that works for you, and make sure you see what matters before you make an offer.

Not nearby yet — moving on orders, or from out of state? We can walk you through it on a live video call and show you whatever you ask to see.

Or call us at (573) 855-4254.

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Military Options

Listing information is deemed reliable but not guaranteed and should be independently verified. IDX information provided by MARIS MLS. Listing courtesy of Century 21 Laclede Realty, (417) 588-1200.

MLS# MIS26060590 · Last updated: Sep 18, 2026

© 2026 MARIS MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MARIS MLS. Real estate listings held by brokerage firms other than Keller Williams Local are marked with the Broker Reciprocity logo.